PARA, LLY, NFLX, HSY and more
Check out the companies making headlines in midday trading: Paramount Global – The media conglomerate’s shares fell more than 5% after Edgar Bronfman Jr. abandoned his takeover bid, clearing the way for Skydance to complete its roughly $8 billion acquisition…
Stocks with the biggest price movements pre-market: PARA, CAVA, JD
See the companies making headlines before the market opens. Paramount Global – The media conglomerate’s shares fell nearly 5% after Edgar Bronfman Jr. withdrew his bid for the media company, clearing the way for Skydance Media to take over Shari…
JD.com leads losses in Chinese tech stocks after sale of Walmart shares
(Bloomberg) — Shares of Chinese technology companies slumped on concerns about the country’s consumption outlook after Walmart Inc. agreed to sell its stake in JD.com Inc. and major players reported weak earnings. Most read by Bloomberg The Hang Seng Tech…
JD.com leads Hong Kong losses, losing 10% after Walmart confirms stake sale
Signage at JD.com’s warehouse in Shanghai, China, March 9, 2022. The U.S. Securities and Exchange Commission (SEC) on Wednesday added more than 80 companies to the list of companies facing possible delisting from American stock exchanges, including Chinese companies JD.com,…
Walmart aims to raise up to $3.74 billion by selling its JD.com shares
(Bloomberg) — Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., ending an eight-year partnership in a key retail sector currently plagued by an economic downturn and intense…
JD.com drags China’s tech stocks down over Walmart’s planned exit
(Bloomberg) — Shares of Chinese technology companies slumped early Wednesday after a series of negative news from the country’s consumer sector rocked U.S.-traded shares of comparable companies. Most read by Bloomberg The Hang Seng Tech Index fell 2.8% at the…
RKLB, BVNRY, HRB and more
Check out the companies making headlines in midday trading: Rocket Lab – The space company gained more than 16%, hitting a 52-week high, after it packed two Mars spacecraft and shipped them to Cape Canaveral, Florida, for launch. The two…
H&R Block, Applied Materials, Microchip, JD.com and more
Check out the companies making headlines before the market opens. Estee Lauder – The cosmetics company fell nearly 2% after Bank of America downgraded the stock, citing headwinds in the Chinese market. Slowing U.S. demand is also weighing on the…
Chinese tech stocks rise as JD.com fuels earnings optimism
(Bloomberg) — Chinese technology stocks rose as robust earnings from major e-commerce companies helped ease concerns about weak consumption. Most read by Bloomberg The Hang Seng Tech Index (HSTECH.HK) rose as much as 2.2 percent, poised for its best day…
