Finance

Stocks making the biggest moves premarket: Nvidia, GitLab, Five Below, J.B. Hunt and more

Check out the companies making headlines in premarket trading. Chip stocks —Some of the largest semiconductor stocks were lower following a Bloomberg News report that said the Biden Administration is contemplating stiffer trade restrictions over concern that U.S. companies are giving China too much access to domestic semiconductor technology. Nvidia pulled back 4.4%, while Taiwan…

Finance

Stocks making the biggest moves after hours: Five Below, Interactive Brokers, J.B. Hunt and more

Check out the companies making headlines in after-hours trading. Five Below — Five Below shares tumbled nearly 9% after the discount retailer announced in a press release that its chief executive officer, Joel Anderson, had stepped down “to pursue other interests.” The company appointed Kenneth Bull as its interim president and CEO, effective immediately. The…

Finance

Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Bank of America and more

Check out the companies making headlines before the bell. Morgan Stanley — The bank stock fell more than 2% in premarket trading even after the firm’s second-quarter results beat Wall Street estimates thanks to strong performance in trading and investment banking. The bank said profit surged 41% from the year-earlier period, helped by a rebound…

Finance

Morgan Stanley beats estimates on better-than-expected trading and investment banking

Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023.  Jeenah Moon | Bloomberg | Getty Images Morgan Stanley said second-quarter profit and revenue topped analysts’ estimates on stronger-than-expected trading and investment banking results. Here’s what the company reported: Earnings: $1.82 a share vs.…