Check out the companies making headlines before the bell. Nvidia — Nvidia fell more than 1% after Morgan Stanley and Citi lowered their price targets on the chipmaker, a day after the U.S. announced new restrictions that would curb the sale of advanced AI chips to China. Both firms maintained their buy-equivalent ratings on the…

Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory. The German sportswear giant, in a surprise preliminary estimates release, projected a full-year operating loss of 100…

Market Movers rounded up the latest reactions on Nvidia from investors and analysts after the U.S. Department of Commerce said Tuesday that it plans to restrict the export of some artificial intelligence chips to China , including Nvidia’s H800 chips . Additionally, the announcement led to several other semiconductor stocks slipping. Those names include Broadcom…

Check out the companies making headlines after the bell . United Airlines — The airline stock slumped more than 4% in extended trading after warning that heightened fuel costs and a halt in Tel Aviv flights amid the Israel-Hamas war would hit current-quarter profits. United Airlines said it expects adjusted earnings to range between $1.50…

South_agency | E+ | Getty Images There has been a nationwide increase in “phantom hacker” scams, a type of fraud “significantly impacting senior citizens,” who often lose their entire bank, savings, retirement or investment accounts to such crime, according to the FBI. “Phantom hacker” scams are an evolution of tech support scams, a type of…

Check out the companies making headlines before the bell. Wyndham Hotels & Resorts , Choice Hotels — Choice Hotels dropped 2.3% after the hotel chain proposed buying Wyndham Hotels & Resorts for $90 per share, valuing Wyndham at roughly $7.8 billion. Wyndham’s stock popped 15% on news of the offer. Bank of America — The…

Brian Moynihan, CEO of Bank of America Heidi Gutman | CNBC Bank of America topped estimates for third-quarter profit on Tuesday on stronger-than-expected interest income. Here’s what the company reported: Earnings per share: 90 cents vs. expected 82 cent estimate from LSEG, formerly known as Refinitiv Revenue: $25.32 billion, vs. expected $25.14 billion Profit rose…

David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $5.31 a share, according to LSEG,…

Market Movers rounded up the latest reactions to Lululemon from investors and analysts following the athleisure clothing company’s ascension to the S & P 500 effective Wednesday. The i ndex change was announced Friday . Lululemon is replacing Activision Blizzard, which was acquired by Microsoft Friday in a much-delayed, $69 billion deal. LULU stock is…

Check out the companies making the biggest moves midday. Lululemon — Shares of the athleisure clothing company surged more than 10% after S & P Dow Jones Indices announced that the company’s stock will be added to the S & P 500 on Wednesday. Lululemon will replace Activision Blizzard following the completion of its takeover…