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Costco"s fiscal Q2 profit higher, coronavirus worry spurs sales uptick

Shares of Costco Wholesale Corp. rose nearly 2% in the extended session Thursday after the retailer reported quarterly profit above Wall Street expectations and said its sales benefited from.....»»

Category: topSource: marketwatchMar 5th, 2020

Splunk stock drops on disappointing outlook, earnings miss

Splunk Inc. shares dropped in the extended session Wednesday after the data platform company's earnings and outlook fell short of Wall Street estimates. Splunk shares fell 15% after hours, following a 4.7% rise in the regular .....»»

Category: topSource: marketwatchMar 4th, 2020

Cannabis Watch: Tilray stock drops after revenue miss, $112 million impairment charge

Tilray Inc. shares dropped more than 8% in the extended session Monday after the weed company posted revenue that missed Wall Street estimates and a larger than expected loss......»»

Category: topSource: marketwatchMar 2nd, 2020

Disney stock drops after unexpected CEO change

Shares of Walt Disney fell Wednesday after the media giant's surprise move to replace top boss Bob Iger raised questions on Wall Street if his successor Bob Chapek had sufficient experience in the entertainment business......»»

Category: topSource: moneycentralFeb 26th, 2020

Once bulletproof, tech stocks now among market"s biggest losers

Technology shares -- a key engine of the stock market's climb to records over the last several months -- are now among those leading Wall Street's plunge on growing concerns over the coronavirus outbreak......»»

Category: topSource: reutersFeb 25th, 2020

Boston Beer stock drops on earnings, outlook miss

Boston Beer Co. shares dropped in the extended session Wednesday after the Samuel Adams beer parent company's earnings and outlook fell short of Wall Street estimates. Boston Beer shares fell 8.2% after hours, f.....»»

Category: topSource: marketwatchFeb 19th, 2020

Tivity Health stocks drops 33% on earnings miss, CEO departure

Tivity Health Inc. shares dropped in the extended session Wednesday after the Nutrisystem and South Beach Diet products company's results and outlook missed Wall Street estimates and its chief executive resigned. Tivity shar.....»»

Category: topSource: marketwatchFeb 19th, 2020

Asian shares rally, slow pace of China factory reopenings a worry

Asian share markets followed Wall Street higher on Tuesday as China's factories struggled to re-open after an extended break, though analysts warned investors might be underestimating how economically damaging the challenge was likely to be......»»

Category: topSource: reutersFeb 11th, 2020

Wall Street rebounds from virus fears, helped by factory strength and tech stocks

U.S. stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in U.S. manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China......»»

Category: topSource: reutersFeb 3rd, 2020

Wall Street drops as virus outbreak, data stoke growth worry

Wall Street's major averages tumbled more than 1% on Friday as the spreading coronavirus outbreak along with sluggish U.S. economic data and a mixed batch of corporate earnings fueled concerns about global growth......»»

Category: topSource: reutersJan 31st, 2020

Wall Street recovers from Monday rout on tech, financial support

U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on global growth......»»

Category: topSource: reutersJan 28th, 2020

Asia stocks rally, oil skids as investors reassess Mideast risk

Asian shares rebounded on Tuesday as investors' reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed......»»

Category: topSource: reutersJan 7th, 2020

Asia stocks bounce, oil slips as Iran anxiety ebbs

Asian shares rebounded on Tuesday as a day passed without any new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed......»»

Category: topSource: reutersJan 6th, 2020

Asia stocks attempt a rally as Iran anxiety ebbs

Asian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed......»»

Category: topSource: reutersJan 6th, 2020

Wall Street builds on record-setting rally; FedEx drops

The S&P 500 inched to an all-time high on Wednesday, extending a record-setting run as optimism about global economic growth strengthens, limited somewhat by a steep drop in FedEx shares......»»

Category: topSource: reutersDec 18th, 2019

Wall Street steadies as tech stocks gain on limited trade deal

U.S. stocks gained ground in early afternoon trading on Friday after a tumultuous morning, as a limited trade deal between the United States and China paved the way for a rise in technology shares......»»

Category: topSource: reutersDec 13th, 2019

Asian shares buoyed by Wall St rally, but China worry caps gains

Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war......»»

Category: topSource: reutersDec 8th, 2019

Best Buy"s profit forecast points to robust holiday shopping demand

Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending the shares of the biggest U.S. tech retailer up 5% in premarket trading......»»

Category: topSource: reutersNov 26th, 2019

Best Buy forecasts strong holiday-quarter profit; shares jump 5%

Best Buy Co Inc forecast fourth-quarter profit above Wall Street estimates on Tuesday, pointing to hopes of strong demand in the crucial holiday shopping season and sending the shares of the biggest U.S. tech retailer up nearly 5%......»»

Category: topSource: reutersNov 26th, 2019

Wall Street drops as Cisco"s dour outlook weighs

U.S. stocks slipped on Thursday, weighed down by technology shares after Cisco's dour forecast raised worries of a global economic slowdown and overshadowed strong results from big box retailer Walmart......»»

Category: topSource: reutersNov 14th, 2019