American Express platinum business card. Courtesy: American Express American Express on Thursday unveiled updates to its flagship credit card amid heightened industry competition over the country’s high spenders. The company said that consumer and business versions of its refreshed Platinum card now carry an $895 annual fee, about 29% higher than the current fee of…
Check out the companies making the biggest moves midday: Metsera — The biotech company rose 5% after Leerink Partners initiated the stock with an outperform rating and called for the stock to double. “The company’s platform and pipeline of novel obesity peptide-based therapeutics offer key advantages relative to competing assets,” the research firm said about…
Check out the companies making headlines before the bell: Fox Corp. — The media empire fell about 5% following the announcement that the Murdoch family resolved its succession battle, with Lachlan Murdoch winning control of the company. Apple — The iPhone maker dipped 0.4% ahead of the annual Apple event later today, at which several…
Check out the companies making headlines after hours. Fox — Shares dipped more than 2% after Fox Corp announced the Murdoch family has settled a dispute over the family trust, with Lachlan Murdoch gaining control of the media empire. Dell Technologies — Shares slid 2% after Dell Technologies announced CFO Yvonne McGill will resign, effective…
Check out the companies making the biggest moves midday: Petco Health & Wellness — The pet store and veterinary services provider surged 22% after raising its full-year adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, guidance. Second-quarter earnings per share topped analysts’ consensus estimates as compiled by FactSet. Celsius — Shares gained more…
Check out the companies making headlines in extended trading. Gap — The apparel stock plummeted more than 16% as lackluster second-quarter revenue guidance overshadowed an earnings beat for Q1. Gap expects Q2 revenue to remain about flat year over year. Analysts expected a forecast calling for a slight gain. Costco — The wholesale retailer reported…
Brian Armstrong, CEO of Coinbase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBC Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended…
Check out the companies making headlines in midday trading: Apple — The stock added 2.2% as sentiment on tech shares broadly rose Monday. President Donald Trump announced on Friday that several electronic devices and components will be exempt from U.S. tariffs . The policy benefits Apple given that the majority of the iPhone maker’s products…
Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker added 1.6%, attempting a comeback after its 8.5% loss from the previous session. Nvidia shares lost momentum this week after the company posted its revenue beat for the period was the smallest in two years . Crypto stocks — Stocks linked…
Check out the companies making headlines before the bell. Nvidia – Shares of the artificial intelligence chip darling fell around 2%, extending its 8.5% loss from the previous session. This comes on the heels of the company seeing a decline in its gross profit margin for the fourth quarter, and its revenue beat for the…
