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Stocks making the biggest moves premarket: Home Depot, Palo Alto Networks, Shopify, AMC & more

Stocks making the biggest moves premarket: Home Depot, Palo Alto Networks, Shopify, AMC & more
Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer beat quarterly estimates by 3 cents with earnings of $2.65 per share. Revenue came in above estimates as well. Comparable store sales jumped 24.5% during the fourth quarter, more...

Stocks making the biggest moves midday: Wells Fargo, Palantir, Shopify and more

Wells Fargo shares slide after fourth-quarter revenue falls short of expectations
A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters Check out the companies making headlines in midday trading. Wells Fargo — The bank stock jumped 5.2% after Bloomberg News reported that Fed officials had news24nationaled to Wells...

Wells Fargo shares jump after Fed reportedly approves bank’s overhaul plan

Wells Fargo shares jump after Fed reportedly approves bank's overhaul plan
A pedestrian wearing a protective mask walks past a Wells Fargo & Co. bank branch in New York, U.S., on Thursday, July 9, 2020. Peter Foley | Bloomberg | Getty Images Wells Fargo shares popped more than 4% Wednesday after the Federal Reserve reportedly news24nationaled it...

Stocks making the biggest moves in the premarket: Chevron, Verizon, Vir Biotechnology & more

Stocks making the biggest moves in the premarket: Chevron, Verizon, Vir Biotechnology & more
Take a look at some of the biggest movers in the premarket: Hilton Worldwide (HLT) – The hotel operator reported a quarterly loss of 10 cents per share, surprising analysts who had expected a profit of 4 cents per share. Revenue also fell short of...

Bitcoin poses no threat to the dollar as the world’s currency leader, Fed’s Bullard says

Bitcoin poses no threat to the dollar as the world's currency leader, Fed's Bullard says
St. Louis Federal Reserve President James Bullard told CNBC on Tuesday he believes that increasing interest in bitcoin does not pose a serious threat to the U.S. dollar as the world's reserve currency. "I just think for Fed policy, it's going to be a dollar...

Robinhood lobbying targets legislation that could hurt its business model

Robinhood lobbying targets legislation that could hurt its business model
Pavlo Gonchar | LightRocket | Getty Images Robinhood is preparing a lobbying effort on key pieces of legislation that if passed, could weigh on its business model. The stock trading start-up registered its in-house team to begin lobbying on Feb. 5, according to a new registration...

Powerful corporate profits and forecasts of more to come have investors cheering

Powerful corporate profits and forecasts of more to come have investors cheering
Traders work on the floor of the New York Stock Exchange. NYSE Blowout earnings are forcing analysts to up estimates for 2021. With a little more than half of companies reporting, earnings are proving to be a pleasant surprise for the trading community. The GameStop/Robinhood fiasco is turning...

Spike in lumber and land prices causes homebuilder confidence to fall from epic high

Spike in lumber and land prices causes homebuilder confidence to fall from epic high
A contractor moves roofing material on a home under construction at the Toll Brothers Cantera at Gale Ranch housing development in San Ramon, Calif. David Paul Morris | Bloomberg | Getty Images Just two months ago, homebuilders had never been happier. Buyer demand, driven by the...

Morgan Stanley beats estimates on better-than-expected Wall Street and wealth management results

Morgan Stanley beats estimates on better-than-expected Wall Street and wealth management results
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley on Wednesday posted fourth-quarter profit and revenue that exceeded analysts' expectations on strong...