Articles

Cannabis rescheduling comment period ends with nearly 43,000 submissions

Cannabis stocks rose as government wrapped up feedback time after posting proposed changes in May.

Spotify stock surges as streaming giant posts record profits

Spotify Technology shares surged 13% in Tuesday’s pre-market session after the Swedish streaming giant posted record profits driven by successful cost-cutting measures and strong growth in its premium subscription business.

HCA’s stock surges as hospital operator’s quarterly results top expectations

HCA Healthcare Inc.’s stock jumped more than 6% premarket on Tuesday after the hospital operator reported quarterly results that topped analysts’ expectations and raised its full-year guidance.

Sherwin-Williams stock jumps premarket after profit beat offsets sales shortfall

Sherwin-Williams Co.’s stock jumped 6% premarket Tuesday, after the paint company’s better-than-expected second-quarter profit offset a sales miss.

Lockheed Martin profit dips but beats analysts’ estimate

Aerospace giant’s stock rises in premarket trades.

Coinbase’s stock gets upgraded as this bullish driver is ‘too large to ignore’

Citi sees 30% upside for Coinbase shares, partly because the regulatory landscape seems to be improving.

Coca-Cola’s stock rises toward a 2-year high after a profit beat, raised outlook

Coca-Cola’s stock climbed toward a 2-year high Tuesday, after the beverage giant beat second-quarter earnings expectations and raised its full-year outlook, amid increases in prices and concentrate sales.

Pulte climbs on Q2 earnings and revenue beat, boosted by increased closings

PulteGroup Inc. shares rose in pre-market trades Tuesday after the home builder’s second-quarter results topped earnings and revenue estimates, with profits boosted by increases in closings and average sales price.

Cheaper home prices and mortgages open the door for these stocks, funds and ETFs

Many corporate insiders are buying shares — suggesting that mortgage rates will decline and housing turnover will rise.

Comcast sees Peacock losses narrow as stock moves higher

Comcast’s report also brought fewer subscriber losses than expected in the domestic broadband business.

There’s a risk of a toxic reaction from Fed rate cuts, this bond-market strategist says

Jim Bianco, the president and macro strategist of Bianco Research, says the market and the Fed have two very different ideas on what neutral rates are.

GE Aerospace’s stock jumps after a big profit beat, as commercial orders soared

GE Aerospace’s stock climbed toward a two-month high in early Tuesday trading, after the jet engines maker reported second-quarter profit and revenue that were well above forecasts amid a big jump in orders, and lifted its full-year outlook.
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