Latest in Company’s Stock Spiked
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Companies’ earnings reports increase volatility of US stocks
Share prices swing as high valuations and uncertain outlook put investors on edgeWorld - Financial Times - October 26 -
AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - October 31 -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - October 30 -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - October 31 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - 5 days ago -
Toast’s stock soars after company swings to profit and revenue beats estimates
Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.Business - MarketWatch - Yesterday -
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.Business - MarketWatch - October 14 -
Walgreens’ stock has best day in 16 years as company plans to close 1,200 stores
Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”Business - MarketWatch - October 15 -
Phunware stock climbs 18% after mobile-advertising company touts generative AI
Shares of Phunware Inc. rose 17.6% on Wednesday after the mobile-advertising software company gave a business update and announced the development of a new generative-AI platform.Business - MarketWatch - October 16 -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
Centene’s stock soars 11% after earnings sweep past estimates and company backs guidance
Chief Executive Sarah M. London said the company had navigated a “dynamic landscape” in the quarter amid turmoil in the Medicaid business.Business - MarketWatch - October 25 -
Trump's social media company is now worth more than Musk's X after recent surge in stock price
Donald Trump’s Truth Social is now worth more than Elon Musk’s XTech - ABC News - October 29 -
Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO
Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.Business - MarketWatch - October 31 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - November 1 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials
Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...Business - MarketWatch - 4 days ago -
Carl Icahn’s investment arm’s stock slides after company again halves dividend
Icahn Enterprises LP’s stock fell 7% early Friday, after a report that Carl Icahn’s investing arm is planning to cut its dividend to help raise the funds to expand his stake in portfolio company ...Business - MarketWatch - Yesterday -
Green Thumb Industries looks past ‘tricky time’ for cannabis stocks as the company notches another profit
Green Thumb’s Ben Kovler says the big drop in canna stocks this week isn’t causing the Chicago-based company to change course.Business - MarketWatch - Yesterday -
School unaware killer 'spiked' student - inquest
Scarlett Jenkinson had given another student cannabis sweets before being moved to Brianna's school.Top stories - BBC News - October 24 -
Xenophobia and Hate Speech Are Spiking Heading into the Election
Leading Republican politicians and lax social media controls have contributed to a proliferation of hate rhetoric and anti-immigrant sentiment.World - The New York Times - November 1 -
Xenophobia and Hate Speech Are Spiking Heading Into the Election
Leading Republican politicians and lax social media controls have contributed to a proliferation of hate rhetoric and anti-immigrant sentiment.Top stories - The New York Times - November 1 -
Interest spikes in 4B movement after Trump win
The hashtag has thousands of videos, but more have been created after the presidential election.Politics - The Hill - 2 days ago -
Trump’s Win Prompts Spike in Demand for Lobbyists With Ties to the President-Elect
Corporations and foreign governments are offering to pay steep prices for help dealing with the unpredictable president-elect.Business - The New York Times - 2 days ago -
Americans’ Emigration Inquiries Spike After Trump Victory
Whether they’re just looking or serious about leaving, many despondent Trump foes are researching moving abroad.Business - Inc. - Yesterday -
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
More companies are talking publicly with investors about the presidential election than in recent cycles.Business - CNBC - November 2 -
Billy Crystal and Spike Lee take their places at the Hall of Fame as basketball superfans
Honored for his devotion to a basketball team that doesn’t have a Hall of Fame history, Billy Crystal couldn’t help but note the ironySports - ABC News - October 13 -
Billy Crystal and Spike Lee take their places at the Hall of Fame as basketball superfans
Honored for his devotion to a basketball team that doesn’t have a Hall of Fame history, Billy Crystal couldn’t help but note the ironyEntertainment - ABC News - October 13 -
FBI arrests Alabama man for SEC X hack that spiked price of bitcoin
Eric Council Jr. is accused of conspiracy in the hack of the Securities and Exchange Commission X account that tweeted a false claim about bitcoin.Business - CNBC - October 17