Traders on the floor of the NYSE, August 29, 2023. Source: NYSE The drought in the IPO market could be near an end, according to a big investor overseeing more than $70 billion. Alan Waxman, the CEO and co-founder of Sixth Street, believes we’re in about the seventh inning of the downturn in the IPO…
Srdjanpav | E+ | Getty Images How interest accrues on loans Direct Subsidized Loans are available to undergraduate students who demonstrate a financial need. They don’t accrue interest while a borrower is in school (at least half-time) or during a six-month grace period after leaving school. The loans also don’t accrue interest during deferment, a…
The exterior of a Dollar General convenience store is seen in Austin, Texas, March 16, 2023. Brandon Bell | Getty Images Check out the companies making the biggest moves before the bell: Dollar General — The discount retailer tumbled 15.3% after reporting second-quarter earnings per share of $2.13, missing the StreetAccount consensus estimate of $2.47.…
The Salesforce West office building in San Francisco, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines after hours. CrowdStrike — The cybersecurity stock added 1% in extended trading. CrowdStrike beat analysts’ second-quarter expectations on the top and bottom lines. The cybersecurity company reported second-quarter adjusted earnings of…
Market Movers rounded up the latest reactions on Apple from investors and analysts. The pros discussed the iPhone maker after the stock rose 1.9% Wednesday. Citi remains bullish on the company and reiterated the stock as buy . The firm expects major upgrades to the new iPhone 15 , which may be announced at Apple’s…
The logo of printer manufacturer HP is seen during an event. Paco Freire | LightRocket | Getty Images Check out the companies making headlines in midday trading. HP — HP dropped 7% in midday trading after reporting a fiscal third-quarter revenue miss. Late Tuesday, the PC maker reported quarterly revenue of $13.20 billion, lower than…
Joseph M. Hogan is CEO of Align Technology Jin Lee | Bloomberg | Getty Images Check out the companies making headlines before the bell. Align Technology — Shares rose 2.5% in early morning trading after HSBC initiated coverage with a buy rating. The firm cited the Invisalign maker’s strong brand presence and its potential to…
The Hewlett-Packard Co. logo is displayed on the window of an electronics store in New York. Ramin Talaie | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Box — The cloud stock fell 7% after hours on a mixed second-quarter report. Box’s revenue came in at $261 million, in line…
Market Movers rounded up the latest reactions on Nvidia from investors and analysts. The pros discussed the leading artificial intelligence chipmaker after the stock rallied more than 4% Tuesday. Shares dipped last Wednesday after the company reported second-quarter financial results that surpassed expectations. Nvidia’s surge Tuesday was part of a broader bounce back in the…
Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines before the bell. Oracle — The software giant rose 2.7% after UBS upgraded Oracle to a buy from neutral, saying…
