Check out the companies making headlines before the bell. Super Micro Computer , Deckers Outdoor — Shares of Super Micro Computer and Deckers Outdoor jumped 12% and 5%, respectively, after S & P Dow Jones Indices said Friday the two companies would be added to the S & P 500 later this month. They will…
The Toronto Stock Exchange’s parent company has already completed a major deal this year: its acquisition of ETF education company VettaFi. According to TMX Group CEO John McKenzie, the deal helps expand its exchange-traded fund business globally. “The exchange-traded fund is essentially one of the most important innovations in investing in the marketplace history —…
Check out the companies making headlines in midday trading. Spirit AeroSystems — Shares climbed more than 12% following a report that Boeing was in talks with Spirit to reacquire the fuselage supplier nearly 20 years after spinning it off into a separate company. Hewlett Packard Enterprise — The technology stock rose almost 2% after fiscal…
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters Regional lender New York Community Bank finds itself in an apparently worsening predicament just as the anniversary of last year’s banking turmoil nears. Shares of the troubled lender plunged 25% on…
Check out the companies making headlines before the bell. New York Community Bancorp — Shares fell more than 20% after the regional bank disclosed on Thursday evening that it had found issues with its “internal controls.” NYCB also announced a CEO change, effective immediately. Goodrx — Shares added 5.4% after JPMorgan upgraded the digital health-care…
Bitcoin to the moon, SPACs on the rise, chatroom trading all the rage — it can feel like 2021 all over again. The Federal Reserve’s rate-cut signal in December triggered a furious rally to record highs, unleashing animal spirits that are fueling similar speculative activities from the depths of the pandemic. “The animal spirits are…
A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images Shares of New York Community Bancorp fell 18% in extended trading Thursday after the regional lender announced a leadership change and disclosed issues with its internal controls. The regional bank announced that Alessandro DiNello, its…
Billionaire investor Ray Dalio believes that the U.S. stock market is not in a speculative bubble. The founder of Bridgewater, one of the world’s largest hedge funds, analyzed the market based on his bubble criteria, which includes valuation, sentiment, new buyers and unsustainable conditions. “When I look at the U.S. stock market using these criteria,…
Check out the companies making headlines after the bell . Salesforce — Salesforce dropped 4% after providing weaker-than-expected guidance for the fiscal year. In the fourth quarter, the software company topped Wall Street’s fourth-quarter expectations on the top and bottom lines. The software giant increased its buyback by $10 billion and initiated a dividend of…
In this photo illustration, the Webull Financial logo seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the digital investing platform at $7.3 billion. The New York-based online brokerage…
