premarket trading
Big-box retailer Target beat some easy comparisons and missed some tough ones. Investors seem happy with what they hear, though.
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In premarket action on Wednesday, the major indexes are trading lower. Bad news from Paycom and a likely bankruptcy filing from WeWork lead the downturn.
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Disney posted an adjusted profit in June quarter, but it was based on a large impairment charge and cost savings. The plan actually to post a profit is simple: be more like Netflix.
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Moody's Investors Service has initiated reviews of several small and mid-size U.S. banks, while EV maker Lucid missed Q2 estimates and is getting rewarded for it.
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Ukraine has reportedly attacked one of Russia's major oil-exporting bases.
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The world's largest oil companies are reporting earnings for the June quarter. It is not pretty, but higher dividends and more stock buybacks are likely to keep investors in line.
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The Teamsters union and UPS have reached a tentative agreement that avoids a strike of the company's 340,000 union members. It's about time a union won something, according to a labor historian.
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AMC's proposed settlement with disgruntled APEs gets rejected and Twitter gets a new logo.
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Microsoft's acquisition of Activistion Blizzard does not appear to be stoppable. And another Russian government agency has banned the use of Apple mobile devices, alleging that they are not secure.
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The nation's largest banks are kicking off the new earnings season with better than expected results, and the FTC is making news with a new investigation into OpenAI's ChatGPT.
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Elon Musk and 11 others have formed a new AI company to 'understand the nature of the universe,' while the FTC is appealing a federal court decision that helped clear the way for Microsoft's...
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EV maker Fisker pulled most EV makers along in its wake Monday. There was one big exception, though.
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OpenAI's new code interpreter gets a road test, and EV maker Fisker raises $340 million in a convertible note offering.
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Musk threatens to sue Meta over the new Threads social media app; Tesla faces an early challenge in its cartel promise; and Alibaba is about to be let off the hook.
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U.S. markets are trading lower for a second straight day. No upside catalyst has appeared, and traders may begin to be wondering if one will ever show up.
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