Check out the companies making headlines in midday trading: FedEx — The delivery giant plunged more than 13% after reporting a steep quarterly earnings drop. The company also lowered its full-year revenue forecast. CEO Raj Subramaniam said industrial demand was softer than expected, while FedEx's customers continued to shift to cheaper, slower delivery options, which squeezed profits. Nike — The apparel stock jumped 5.8% after the announcement of a CEO change.
The semiconductor stock slid 3.4% in the wake of a Morgan Stanley downgrade to equal weight from overweight. Morgan Stanley said the risk-to-reward ratio has been "balancing." Centessa Pharmaceuticals — The biotech stock rose more than 4% after Morgan Stanley upgraded it to overweight from equal weight. The bank said it sees the potential for the pharmaceutical company's narcolepsy treatment to be best in class.
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منبع: CNBC - 🏆 12. / 72 ادامه مطلب »
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منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »
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منبع: CNBC - 🏆 12. / 72 ادامه مطلب »
Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors. U.S. futures fell, while oil prices were higher. The S&P 500 fell 0.2% Wednesday, following a 2.1% drop a day earlier. The Nasdaq composite dropped 0.3%. The Dow managed a gain of 38 points, or 0.1%.
منبع: AP - 🏆 728. / 51 ادامه مطلب »
Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
منبع: ksatnews - 🏆 442. / 53 ادامه مطلب »