Shares of American Eagle plummet 17% on unimpressive holiday forecast
American Eagle issued a holiday forecast that failed to impress Wall Street, following a string of retailers who’ve issued muted guidance for the season. by CNBC
NFL committed to X partnership as Elon Musk’s social platform gets heat for hate speech
Advertisers such as Disney and Apple have paused advertising on X over concerns about hate speech and antisemitism. by CNBC
Goldman’s hedge fund VIP portfolio is up 31% this year. These are the stocks on the list
The Wall Street bank analyzed the holdings of 735 hedge funds with $2.4 trillion of total equity positions — long and short — as of Sept. 30. by CNBC
Ford to scale back plans for $3.5 billion Michigan battery plant as EV demand disappoints, labor costs rise
Ford is scaling back production capacity and expected employment at the battery plant in Michigan. by CNBC
Stocks making the biggest moves midday: Amazon, Medtronic, American Eagle, Lowe’s, C3.ai and more
These are the stocks posting the largest moves midday. by CNBC
Futures Movers: Oil prices head for first loss in 3 sessions as traders await OPEC+ meeting
Oil futures fall Tuesday after back-to-back gains.
: Top Morgan Stanley executive Andy Saperstein diagnosed with cancer
Morgan Stanley MS Co-President Andy Saperstein has been diagnosed with cancer but plans to keep working while receiving treatment, a spokesperson from Morgan Stanley confirmed on Tuesday. Saperstein, 56, said he’s young and otherwise in good health and is starting treatment, so he can put the illness behind him and continue at the firm, according […]
: Verizon’s stock heads for longest winning streak in more than a decade
Verizon Communications Inc. shares VZ were up 1.3% in morning trading Tuesday and on track to log their eighth session in a row of gains. That would make for the stock’s longest winning streak since the period that ended March 5, 2013, when it gained for 12 trading days in a row, according to Dow […]
Market Snapshot: U.S stock rally stalls as traders eye Nvidia earnings, Fed minutes
U.S. stocks are starting lower Tuesday, stalling a November rally with a mixed bag of retailer earnings, while awaiting results from AI chipmaker Nvidia and a further glimpse into thinking at the Federal Reserve.
Earnings Results: Best Buy’s stock slides as retailer lowers guidance to reflect uncertain environment
Best Buy’s stock tumbled on Tuesday after a revenue miss and lowered guidance.