Etsy slides more than 9% after it warns of slowing growth

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy stock dropped more than 9% in after-hours trading on Wednesday after the company reported first-quarter earnings results that surpassed analysts’ estimates, but warned that it expects the total sale of goods … Read more

More earnings, April’s big jobs report and inflation worries could swing markets in the week ahead

Traders on the floor of the New York Stock Exchange. Source: NYSE April’s jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May. Stocks notched solid gains in April, as REITs, consumer discretionary names and communications services companies outpaced the broader market, all more … Read more

Stocks making the biggest moves midday: Best Buy, Casper Sleep, Etsy and more

Employees bring a television to Steve Steward’s car at a Best Buy store on Black Friday, traditionally one of the busiest shopping days of the year. Crowds are smaller this year due to the increasing popularity of on-line shopping amid concerns about the COVID-19 pandemic. Paul Hennessy | SOPA Images | LightRocket | Getty Images … Read more

New York poised for a banner IPO year, showing that Silicon Valley isn’t the only tech hub

Traders on the floor of the New York Stock Exchange. Source: NYSE Wall Street has long made New York the center of the banking universe. But the city’s tech scene is finally having its moment. After a smattering of IPOs over the last decade from companies like Etsy, MongoDB, Datadog and Peloton, there’s a whole … Read more

Dow futures rise, extending Monday’s 300-point rally

Dow futures moved higher in overnight trading on Monday, putting the index on track to extend its rally from the regular session. Dow futures rose about 130 points. S&P 500 futures gained 0.45% and Nasdaq 100 futures rose 0.55%. On Monday, the Dow Jones Industrial Average rallied more than 300 points on investor optimism about … Read more

Stocks making the biggest moves in the premarket: Foot Locker, Beyond Meat, DoorDash & more

Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20 … Read more

Stocks making the biggest moves after the bell: Beyond Meat, Etsy, Virgin Galactic & more

A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond Meat shares rose as much as 14.7% in volatile trading on news that the plant-based … Read more

Stronger economic data could power stocks that thrive in a rebound in the week ahead

The bull of Wall Street is seen during the pass of the snowstorm on January 31, 2021 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images A decline in new Covid infections, along with improving economic data and stimulus hopes, could boost stocks that flourish in a resurging economy … Read more

GameStop jumps after hours as Elon Musk tweets out Reddit board that’s hyping stock

Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Tesla CEO Elon Musk seemed to rally behind GameStop‘s epic surge on Tuesday, tweeting out a link to the Reddit board that’s largely hyped the stock. Shares of GameStop, which … Read more

Bet on these record-breaking stocks to rally further, Oppenheimer analyst says

It was a historic day in Washington and on Wall Street on Wednesday. As Joe Biden was inaugurated as the 46th president of the United States, the S&P 500 soared to a record high. Stocks such as Alphabet, Netflix, Activision Blizzard, General Motors and Etsy led the way and hit their own all-time highs. Ari … Read more