A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. Mike Segar | Reuters Check out the companies making the biggest moves midday: 5 hours ago New York Community Bancorp — New York Community Bancorp jumped about 32% after the Federal Deposit Insurance
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First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before the market’s opening bell. an hour ago 2 hours ago UBS, Credit Suisse — Shares of UBS fell about 5% before the U.S. open, while Credit
Investors breathed a sigh of relief after the Swiss National Bank said it would provide a liquidity backstop for Credit Suisse. Arnd Wiegmann / Stringer / Getty Images Check out the companies making headlines in midday trading. First Republic — The regional bank shares shed over 20% even after the company is set to receive
Nvidia’s A100 GPU, used to train ChatGPT and other generative AI, is shown at the demo center of Nvidia’s headquarters in Santa Clara, CA, on February 9, 2023. Katie Tarasov Check out the companies making headlines in premarket trading. 21 hours ago Credit Suisse — The Swiss bank’s U.S.-traded shares were down 4.1% during premarket
A worker sorts packages at a FedEx Express facility on Cyber Monday in Garden City, New York, US, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. 6 hours ago First Republic Bank — The bank’s shares were down 15% during after-hours trading.
A customer walks past an ATM outside of a First Republic Bank branch in Manhattan Beach, California, on March 13, 2023. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. First Republic Bank — Shares of First Republic erased earlier losses and were last up about 22%. Sources
The Snapchat application on a smartphone arranged in Hastings-on-Hudson, New York, US, on Wednesday, Feb. 1, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: 15 hours ago Snap, Meta — Snap rallied 6%, while Meta rose 1.5% following a Wall Street Journal report that
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 13, 2023. Brendan McDermid | Reuters Plummeting bond yields, steep drops in oil and stock prices, and a sharp jump in volatility are all signaling that investors fear a recession is now on the near horizon. Stocks were
A Credit Suisse office in New York, US, on Thursday, Feb. 9, 2023. Stephanie Keith | Bloomberg | Getty Images Check out the companies making headlines after the bell. Credit Suisse — Credit Suisse shares rallied almost 7% after a statement from the Swiss Financial Market Supervisory Authority and the Swiss National Bank said that
A person walks by the First Republic Bank headquarters on March 13, 2023 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Credit Suisse — Shares of Credit Suisse plunged 25% after its biggest backer, Saudi National Bank, said it won’t provide the Swiss bank with further financial
Axel Lehmann, chairman at Credit Suisse Group AG, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Friday, Oct. 14, 2022. Ting Shen | Bloomberg | Getty Images Check out the companies making headlines before the bell. Credit Suisse — Shares of Credit Suisse were down 21.5% after the
Newly constructed houses built by Lennar Corp are pictured in Leucadia, California March 18, 2015. Mike Blake | Reuters Check out the companies making headlines after the bell: Lennar — The homebuilding stock gained about 2% in extended trading. Lennar beat analysts’ earnings and revenue expectations for the recent quarter, according to Refinitiv. The company
Check out the companies making headlines in midday trading Tuesday. MENLO PARK, CALIFORNIA – FEBRUARY 02: A security guard stands next to a sign at Meta headquarters on February 02, 2023 in Menlo Park, California. Facebook’s parent company Meta reported better-than-expected fourth quarter earnings with $32.17 billion in revenue. The company’s stock surged 23 percent
A traveler walks toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making headlines before the bell: First Republic Bank — The San Francisco-based bank stock jumped 45% after closing down 61.8% on Monday.
Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace. The consumer price index, expected Tuesday morning, is forecast to show headline inflation rose 0.4% last month, or 6% from the prior year, according to economists polled by Dow Jones. That compares to a
GitLab Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Gitlab — Shares tumbled 36% after Gitlab issued a softer-than-expected outlook. It posted fiscal-year 2024 revenue guidance of $529 million to $533 million in 2023, compared to expectations of $586.4 million, according to Refinitiv. Otherwise, the firm reported a
People are seen inside the First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar Mike Segar | Reuters Check out the companies making the biggest moves midday: Regional banks —Shares of regional banks plummeted following the collapse of Silicon Valley Bank and Signature Bank. First
Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines before the bell. First Republic — Shares of First Republic cratered more than 64% before the bell, building on last week’s losses. Shares led a decline in bank stocks despite plans from the government to backstop depositors of
A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Friday. Allbirds — Shares slid by 40% after the footwear retailer’s fourth-quarter results missed Wall Street’s expectations. Additionally, the company posted its first year-over-year
Signage outside Silicon Valley Bank headquarters in Santa Clara, California, US, on Thursday, March 9, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in early morning trading. 16 hours ago Allbirds — Shares of the footwear retailer plummeted more than 22% after the company failed to post year-over-year
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