Stocks making the biggest moves midday: Intuit, AMD, LegalZoom.com, Baidu and more

Check out the companies making headlines in midday trading: Intuit — Shares of the TurboTax parent company fell nearly 4% after it said it will slash 1,800 jobs , or about 10% of its workforce, as it boosts investments in artificial intelligence. Intuit said it plans to rehire 1,800 people for engineering, product and consumer-focused roles. LegalZoom.

Mastercard , Visa — The payment card network processors' stocks dropped, with Mastercard losing 3% and Visa sliding 1%. Bank of America downgraded both Mastercard and Visa to neutral from buy. The bank cited limited upside for estimates and their valuation multiples. Manchester United — Shares of the pro football club popped 2.4% after the company posted its third-quarter earnings results for fiscal 2024. Though its revenue for the third quarter came in at 136.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stocks making the biggest moves midday: Gilead Sciences, Accenture, Trump Media, AMD and moreThese are the stocks posting the largest moves midday.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Top Penny stocks for 2024: These two should be on your radarPenny stocks, as they are called, are not really stocks that trade under $1 per share.
Fonte: FXStreetNews - 🏆 14. / 72 Leggi di più »

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization planTax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
Fonte: AP - 🏆 728. / 51 Leggi di più »

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization planTax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
Fonte: wjxt4 - 🏆 246. / 63 Leggi di più »