Snap, Intel, Zoom Video, Boston Beer, and more

Check out the companies that make the headlines before the doorbell rings: Snap – The Snapchat parent’s shares plunged 19.5% in the premarket after the company warned of a slowdown in growth due to recent changes to Apple’s iOS privacy rules. These rules make it difficult to gather information from users and target ads. Snap … Read more

Fed to ban policy makers from owning individual stocks, restrict trading after controversy

The Marriner S. Eccles Federal Reserve building in Washington, DC on Friday, September 17, 2021. Stefani Reynolds | Bloomberg | Getty Images In response to a growing controversy over investment practices, the US Federal Reserve announced on Thursday a sweeping ban on officials from owning individual stocks and restricting other activities. The ban includes senior … Read more

Unemployment claims are falling again as improved pandemic benefits decline

Weekly unemployment claims hit another pandemic-era low last week as the elimination of extended benefits drove fewer people into unemployment. Initial unemployment insurance registrations in the week ending October 16 totaled 290,000, 6,000 fewer than in the previous period, the Labor Ministry reported on Thursday. This was the second week in a row that claims … Read more

Biden support declines rapidly, as CNBC survey finds concerns about economy, Covid and inflation

Biden support declines rapidly, as CNBC survey finds concerns about economy, Covid and inflation

The president’s approval, Joe Biden, sank deeper underwater in the CNBC All-America Economic Survey when the American people undermined economic leadership, lost confidence in his handling of the coronavirus and became increasingly concerned about inflation and a lack of supply. Only 41% of the public approves Biden’s handling of the administration, compared with 52% disapproving. … Read more

Pinterest, Sonos, Anthem and more

Customers look at goods in an experience space in the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies that are making the headlines in midday trading. Pinterest – The social media company’s shares rose more than 9% after a report by Bloomberg News said PayPal could take … Read more

Biogen, Novavax, Netflix, Verizon, and more

A customer walks into a Verizon store in San Francisco, California, United States on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies that make the headlines before the doorbell rings: Anthem (ANTM) – The health insurer reported adjusted quarterly earnings of $ 6.79 per share, beating Refinitiv’s consensus estimate of $ … Read more

First Bitcoin Futures ETF Up 3% On NYSE Trading Debut

The shares of the first US Bitcoin-Linked Exchange Traded Fund rose slightly on their trading debut on Tuesday. The ProShares Bitcoin Strategy ETF with the ticker “BITO” recently increased by around 3%. The fund tracks CME Bitcoin futures or contracts that speculate on the future price of Bitcoin, not the crypto itself. It is designed … Read more

Procter & Gamble, Johnson & Johnson, Travelers and More

Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer goods giant beat estimates by 2 cents per share with quarterly earnings of $ 1.61 per share. Sales also exceeded Wall Street forecasts. However, P&G said it was facing rising raw material and transportation costs and … Read more

Zillow, Revance Therapeutics, Albertsons, and more

Take a look at some of the biggest movers in the premarket: Zillow (Z) – Zillow slipped 6.4% in pre-trading hours after a Bloomberg report reported the company temporarily suspended its home purchase service due to overwhelming demand. Revance Therapeutics (RVNC) – Revance shares slumped 33.2% in the premarket after the Food and Drug Administration … Read more

China’s third quarter GDP, retail sales, oil prices

SINGAPORE – Asia Pacific stocks traded lower on Monday morning as investors watch the release of key Chinese economic data. Japan’s Nikkei 225 lost 0.18% in early trading while the Topix index lost 0.13%. South Korea’s Kospi lost 0.45%. Australian stocks also fell, with the S&P / ASX 200 falling about 0.1%. MSCI’s broadest index … Read more