Check out the companies making headlines in premarket trading. Lowe’s — The home-improvement retailer dropped 3.9% after cutting its sales outlook for the full year. Lowe’s also missed analyst expectations for revenue in the third quarter, as sales slid 13% year over year. Dick’s Sporting Goods — The athletic goods retailer saw its shares surge…

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the previous three months. The company’s U.S.-listed shares were up around 2%…

Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir oversaw…

Apartment blocks under construction in the Nanchuan area of Xining, Qinghai province, China. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent it from deteriorating further, analysts said. Existing home prices fell in October by the…

Thomas Barwick | Digitalvision | Getty Images When it comes to dining, tipping at least 15% to 20% is traditional etiquette, say experts. It seems many Americans disagree. Almost 1 in 5, 18%, of people tip less than 15% for an average meal at a sit-down restaurant — and an additional 2% tip nothing at…

Check out the companies making the biggest moves in premarket trading: Boeing — The aerospace stock added 1.5% following an upgrade to buy from hold by Deutsche Bank. The bank noted Boeing’s acceleration of aircraft deliveries and said it believes this improved performance can be sustained. Microsoft — Shares added 0.5% after Microsoft announced former…

Legendary value investor Jeremy Grantham is betting on a special caliber of stocks with his firm’s first active ETF: the GMO U.S. Quality ETF.   And he put GMO partner Tom Hancock in charge of it. “There’s a lot more interest in active ETFs than there was even a few years ago,” Hancock told CNBC’s “ETF…

Check out the companies making headlines in midday trading. Gap — The apparel retailer saw shares surge 30% after it posted fiscal third-quarter results late Thursday that beat Wall Street’s estimates due to strong sales at Old Navy and improvements at its namesake banner. Adjusted earnings of 59 cents per share smashed analysts’ expectations of…

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could yet be needed. “I understand the tendency to really enjoy good news, and there was some good news in some of the numbers — and I think that we need to appreciate that. But I…

Check out the companies making headlines in premarket trading. Alibaba — U.S.-listed shares of the Chinese e-commerce giant slipped 3.2%, adding to Thursday’s steep losses that were sparked by Alibaba announcing that it would no longer spin off its cloud computing business. Alibaba pointed to the U.S. export restrictions on advanced chips as justification for…