An exterior view of the Advance Auto Parts store at the Sunbury Plaza. Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves before the bell: Advance Auto Parts — Advance Auto Parts declined 2.4% in the premarket after Atlantic Equities on Monday downgraded the stock to underweight, and cut…
Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas’ ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). “What I like about [CHAT] is that…
Market Movers rounded up the best reactions from investors and analysts on Biogen . The experts discussed the biotech company after the Food and Drug Administration approved its Alzheimer’s treatment Leqembi , paving the way for broader Medicare coverage. The drug slowed cognitive decline in trials, but poses risks of brain swelling and bleeding and…
A Rivian logo on an Amazon.com delivery electric van photographed in Chicago, Illinois, on July 21, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Alibaba — U.S. shares of the Chinese company added 8.8% in afternoon trading. Earlier on Friday, Reuters first reported that Alibaba’s…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 6, 2023. Brendan McDermid | Reuters A sweeping change sought by the Securities and Exchange Commission would take fund managers’ culpability a step further than current standards if they don’t effectuate a greater standard of care. The rule…
Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. The People’s Bank of China, which issued the fine, said that the penalty was…
The Levi Strauss & Co. label is seen on jeans in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Andrew Kelly | Reuters Check out the companies making the biggest moves before the bell: Levi Strauss — The apparel retailer fell 7.7% after slashing its profit…
Market Movers rounded up the best reactions from investors and analysts on Meta Platforms . The experts, including Jim Cramer , discussed the social media company a day after it launched the Threads platform to rival Twitter. More than 30 million users signed up for the new service overnight, which connects directly to existing Instagram…
Sturti | E+ | Getty Images The U.S. job market is gradually cooling but remains hot despite a year-long government campaign to reign it in, amounting to a favorable environment for many jobseekers, economists said. “It still boils down to higher worker leverage, better outside opportunities, an easier time exchanging jobs for better ones and…
A JetBlue Airways Corp. plane departs at Reagan National Airport (DCA) in Arlington, Virginia, U.S., on Monday, April 6, 2020. Andrew Harrer | Bloomberg | Getty Images Check out the companies making the biggest moves midday: JetBlue Airways — Shares of JetBlue Airways shed 6.4%. On Wednesday, the company announced it would cease its alliance…
