Looking through the store window, a Nike employee stands at the front door of the Nike Soho store in New York City.
Drew Angeler | Getty Images
Check out the companies that make headlines for trading at noon.
Facebook, Amazon, Apple, alphabet -Stocks of major tech companies led the market recovery on Tuesday. Facebook’s share price rose 2% after a 5% slide on Monday due to whistleblower claims and a site outage. Amazon was up almost 1%, while Apple was up more than 1%. The alphabet has been added by more than 1.8%.
Southwest Gas Holdings — The energy company wrote 6.5 after activist investor Carl Icahn wrote a letter to withdraw the potential acquisition of Dominion Energy’s Questar pipeline and focus on improving equity performance. % Soared. The Wall Street Journal reported.
Marathon oil — Shares of exploration and production companies rose more than 3.5% following rising oil and gas prices. Western When Devon energy It also increased by 3%, Halliburton When Hess Added 1% or more. EOG resource It increased slightly. West Texas Intermediate Crude oil futures, the US oil benchmark, surpassed $ 79 a barrel on Tuesday for the first time since November 2014.
PepsiCo — Despite rising supply chain costs, PepsiCo’s share price rose nearly 1% after food and beverage companies reported higher-than-expected earnings in the third quarter. PepsiCo reported revenue of $ 1.79 per share, compared to $ 20.19 billion in revenue. According to Refinitiv, analysts forecast revenue of $ 1.73 per share, compared to $ 19.39 billion. The company also raised its full-year forecast.
Nike, Under armor — After Wedbush launched both coverage, athletic retail stocks each increased by about 1.5%, surpassing the valuation. Banks called both companies “long-term structural winners.” Both are poised to profit in the long run, but the company expects to be affected by short-term volatility.
Netflix — Netflix’s share increased by more than 5% after Cohen repeatedly outperformed the streaming giant.The company’s regular US survey found Netflix Continue to lead content Among other services.
DocuSign — After Wedbush Securities analyst Daniel Ives listed the stake as one of his team’s top tech stakes, as the sector’s multi-year rally hasn’t ended yet, the stake in the digital signature company is almost up. Soared 4%.
Charles Schwab — FCMs have recently confirmed that stock prices have risen 3.6% after Atlantic Equities began reporting as overweight, calling them cheap and creating a “much more sustainable and compound interest source”. He emphasized “a shift focused on asset collection”.
Bank stocks — Bank stocks rose as the Treasury yield exceeded 1.5% over a 10-year period. Goldman Sachs It increased by almost 3%, Bank of America When Wells Fargo Added more than 2%. Banks tend to benefit from rising interest rates to enable higher margins and profits.
— CNBC’s Hannah Miao, Yun Li and Pippa Stevens contributed to the report
Become a smarter investor CNBC Pro..
Get stock selection, analyst phone calls, exclusive interviews, and access to CNBCTV.
Sign up and get started Free trial today
Netflix, Nike, Southwest Gas, etc.
Source link Netflix, Nike, Southwest Gas, etc.
The post Netflix, Nike, Southwest Gas, etc. appeared first on Eminetra.