In this article DIS PSTG OKTA NTNX MDB FIVE The inside of one of Five Below’s existing locations. Five Below Check out the companies making headlines after hours. Pure Storage — The tech stock jumped 7% after the data storage developer surpassed profit and revenue expectations. Pure Storage also issued strong third-quarter and full-year revenue
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Reuters Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the beleaguered retailer tumbled 19.8% after it outlined a strategic plan that only confirmed investor fears that the company will struggle to turn around its business. Bed Bath also filed to sell an undisclosed amount of stock in
Chinese President Xi Jinping is widely expected to further consolidate his power at a twice-a-decade congress this fall. He is pictured here on July 1, 2022, at a swearing-in ceremony for Hong Kong’s chief executive John Lee. Bloomberg | Bloomberg | Getty Images BEIJING — China’s leaders are set to convene in Beijing on Oct.
In this article CRWD HPQ CHWY PVH Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines after the bell: Chewy — Chewy shares slumped 8%
In this article BBBY BIG NKLA FANG JACK BBY FSLR A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the discount retailer posting a smaller-than-expected loss for the recent quarter.
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors of the Federal Reserve, and Jerome Powell, chair of the Federal Reserve, walk in Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic
Negative economic growth in the year’s first half may be a foreshock to a much deeper downturn that could last into 2024. Stephen Roach, who served as chair of Morgan Stanley Asia, warns the U.S. needs a “miracle” to avoid a recession. “We’ll definitely have a recession as the lagged impacts of this major monetary
Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Bitcoin briefly dropped below $20,000 on Monday as investors dumped risk assets after the Federal Reserve affirmed its commitment to an aggressive tightening path. The world’s largest
The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday both sides signed an agreement for cooperation on inspecting the audit work papers of U.S.- listed Chinese companies. Pictured here is the CSRC building in Beijing in 2020. Emmanuel Wong | Getty Images News | Getty Images BEIJING — The risk
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of household debt in America, which reached $16.15 trillion during the second quarter of 2022. “We shouldn’t be panicked about the level of household
Check out the companies making headlines before the bell: Electronic Arts (EA) – The video game company’s stock jumped 6.2% in the premarket on a Swedish media report that Amazon.com (AMZN) will announce an offer today to buy EA. Gap (GPS) – Gap rallied 6% in premarket trading after the clothing retailer reported an unexpected
In this article SGEN PTON FTCH AFRM Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia,