The Roku app on a television in Hastings-On-Hudson, New York, US, on Tuesday, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in premarket trading on Wednesday. Roku — The streaming stock jumped 12.5% after announcing plans to lay off 10% of its staff. Roku also lifted its
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Supporters of Airbnb hold a rally on the steps of New York City Hall showing support for the company on October 30, 2015 in New York City. Andrew Burton | Getty Images Check out the companies making headlines in premarket trading. Zynex, Coherus BioSciences, Universal Insurance Holdings — Coherus, Zynex and Universal Insurance stock fell
Mike Green | CNBC The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph Stiglitz. U.S. inflation started to gain pace in early 2021 as the economy emerged from the Covid-19 pandemic, rising from an
A sign is posted in front of a Broadcom office on June 03, 2021 in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. VMware — The cloud services company slid 2.6%, a day after giving a mixed second-quarter report. While VMware surpassed expectations for earnings per
Mario Tama | Getty Images Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists. Largely, that’s because it’s cooling gradually but remains strong — a sort of Goldilocks scenario whereby workers can find jobs with relative ease but the Federal Reserve likely won’t see
In this article VALE-BR LULU MDB DELL Follow your favorite stocksCREATE FREE ACCOUNT A Dell Technologies flag outside the company headquarters in Round Rock, Texas, US, on Monday, Feb. 6, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Check out the companies making headlines before the bell: Dell Technologies — Dell Technologies surged 10.5% after
Relations between Washington and Beijing are at their lowest in decades amid disputes over trade, technology, human rights and China’s increasingly aggressive approach toward its territorial claims involving self-governing Taiwan and the South China Sea. Jason Lee | Reuters BEIJING — China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls
US Commerce Secretary Gina Raimondo (C) talks to US Ambassador to China Nick Burns (L) as they head to a meeting with Chinese Premier Li Qiang at the Great Hall of the People in Beijing on August 29, 2023. Andy Wong | Afp | Getty Images BEIJING — U.S. Commerce Secretary Gina Raimondo has called
Hero Images | Getty Images It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model — the Mitsubishi Mirage — had an average new-vehicle transaction price below $20,000, according to Kelley Blue Book data. By comparison, there were a dozen vehicles that met that pricing
European shares opened higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the U.S. Federal Reserve and looked ahead to upcoming economic data later in the week. Germany’s DAX 30 rose 125 points at the open, or 0.8%, France’s CAC 40 climbed 69 points, or 0.9%,
Shoppers walk by a Nordstrom sign at Westfield San Francisco Centre in San Francisco, May 11, 2023. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Nordstrom — The department store retailer sank 8.6% even after topping fiscal second-quarter earnings and revenue expectations. Earnings came in 40 cents ahead of
Maintenance workers in front of a housing development sign near new homes in Fairfax, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Being able to buy a home keeps getting harder. The National Association of Realtors said earlier this month that its housing affordability index fell during the second quarter to