Check out the companies making headlines in midday trading: Hertz — The rental car company dropped about 5% after the stock rallied 112% after Bill Ackman revealed a big investment . Pershing Square has taken a 19.8% stake in Hertz with outright share ownership and total return swaps. Ackman believes Hertz is “uniquely well-positioned” in…
Smart robotic arms work on the production line at the production workshop of Changqing Auto Parts Co., LTD., located in Anqing Economic Development Zone, Anhui Province, China, on March 13, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China missed several key targets from its 10-year plan to…
Check out the companies making headlines in midday trading: Lululemon — The athleisure company saw shares plunging more than 11% after President Donald Trump’s imposition of tariffs on countries where the firm imports a big portion of its products. In 2024, Lululemon sourced 40% of its products from Vietnam, which was hit by a 46%…
Check out the companies making headlines in midday trading: Nvidia — Stock in the chipmaker surged more than 6%, reversing course after several weak sessions. Shares slumped roughly 8% in March and are down 14% in 2025. Target — Stock in the retailer slipped about 3% as the broader field of consumer defensive stocks took…
Check out the companies making headlines after hours: Alphabet — Shares dropped 7.4% after Google parent Alphabet posted a revenue miss . Fourth-quarter revenue of $96.47 billion fell short of the $96.56 billion expected by analysts polled by LSEG. On the other hand, earnings per share of $2.15 exceeded the $2.13 consensus estimate. Chipotle Mexican…
Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 16% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance, the high-flying AI name is on track to notch its worst day since March 2020….
Check out the companies making headlines in midday trading. Delta Air Lines — Shares of the airline surged 9% on better-than-expected results for the fourth quarter. Delta posted adjusted earnings of $1.85 per share on $14.44 billion of revenue. That surpassed the LSEG forecast of $1.75 per share and $14.18 billion in revenue. The company…
Check out the companies making headlines in midday trading. eBay – Shares jumped 9.7% and touched 52-week highs after announcing that Meta is testing using its listings on Facebook Marketplace . Buyers from Facebook will be redirected to eBay to complete transactions. The gain put the stock on track for its best day since late…
Check out the companies making headlines before the bell. SolarEdge Technologies — The solar stock dropped 6%. Citi downgraded SolarEdge to sell from neutral, saying the company faces “stubbornly high” operating expenses despite its restructuring announcement. Shares moved 6.6% and 8% higher on Monday and Tuesday, respectively, after SolarEdge said in a filing Monday it…
Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 251% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned by Fubo and 70% by Disney and form the second-largest digital pay-TV provider after YouTube…
