Articles by Peter Schacknow


Breaking News: Markets Stock markets Business Economy Markets Market Insider Credit Suisse Group AG GlaxoSmithKline PLC Alibaba Group Holding Ltd 23andMe Holding Co. Citrix Systems Inc Goldman Sachs Group Inc Gap Inc Unilever PLC Kohl's Corp Houghton Mifflin Harcourt Co Peloton Interactive Inc business news

cnbc.com Jan 18, 2022

Stocks making the biggest moves premarket: Alibaba, Citrix, 23andMe and others
Peter Schacknow

Citrix Systems (CTXS) – Citrix jumped 2.8% in premarket trading following a Bloomberg report saying Elliott Investment Management and Vista Equity Partners were in advanced talks to buy the software company. 23andMe (ME) – The genetic testing company's shares initially rallied 6% in the premarket af . . .

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Breaking News: Markets Stock markets Business Economy Markets Market Insider Walt Disney Co Las Vegas Sands Corp Bausch Health Companies Inc Boston Beer Company Inc Earnings Wynn Resorts Ltd Melco Resorts & Entertainment Ltd MGM Resorts International BlackRock Inc JPMorgan Chase & Co Wells Fargo & Co Sherwin-Williams Co Virgin Orbit BJ's Wholesale Club Holdings Inc business news

cnbc.com Jan 14, 2022

Stocks making the biggest moves premarket: BlackRock, Wells Fargo, Sherwin-Williams
Peter Schacknow

JPMorgan Chase (JPM) – JPMorgan beat estimates by 32 cents with quarterly earnings of $3.33 per share, while revenue topped forecasts as well. The bank was helped by strong performance at its investment banking unit, but results at its trading operation slowed. Wells Fargo (WFC) – Wells Fargo gained . . .

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Breaking News: Markets Stock markets Business Economy Markets Market Insider DoorDash Inc Aerojet Rocketdyne Holdings Inc Meta Platforms Inc DiDi Global Inc Koninklijke Philips NV Ocugen Inc Lockheed Martin Corp Biogen Inc DISH Network Corp Just Eat Takeaway.com NV Ally Financial Inc Crocs Inc Ambarella Inc business news

cnbc.com Jan 12, 2022

Stocks making the biggest moves premarket: DoorDash, Didi, Philips and others
Peter Schacknow

Didi Global (DIDI) – The ride-hailing company's shares rallied 5.9% in premarket trading on reports that it is in talks for a second-quarter Hong Kong IPO as it continues the process of delisting from the New York Stock Exchange. Philips (PHG) – Philips shares tumbled 15.6% in premarket action after . . .

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Breaking News: Markets Investment strategy Market Insider Markets Wall Street Earnings Big Lots Inc Rivian Automotive Inc Illumina Inc Abercrombie & Fitch Co Micron Technology Inc CVS Health Corp International Business Machines Corp Accolade Inc Intel Corp Albertsons Companies Inc Juniper Networks Inc business news

cnbc.com Jan 11, 2022

Stocks making the biggest moves in the premarket: Illumina, Rivian, Juniper Networks and more
Peter Schacknow

Rivian (RIVN) – Rivian fell 3.5% in premarket trading following news that its Chief Operating Officer Rod Copes had left the electric truck maker. Juniper Networks (JNPR) – Juniper shares rallied 5.3% in the premarket following a double upgrade by BofA Securities to "buy" from "underperform." Albert . . .

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Breaking News: Markets Investment strategy Market Insider Markets Wall Street Earnings Lululemon Athletica Inc Penumbra Inc Shockwave Medical Inc Solaredge Technologies Inc Sinclair Broadcast Group Inc ViacomCBS Cl B Pfizer Inc Owens & Minor Inc Apria Inc Beam Therapeutics Inc Tilray Inc Take-Two Interactive Software Inc Zynga Inc Dell Technologies Inc business news

cnbc.com Jan 10, 2022

Stocks making the biggest moves in the premarket: Zynga, Lululemon, Apria and more
Peter Schacknow

Lululemon slid 6.5% in premarket action. Apria had closed Friday at $29.72 per share, and its stock surged 24.5% in premarket trading. Tilray (TLRY) – Tilray gained 3.6% in premarket trading after reporting an unexpected quarterly profit. Revenue increased by 20% from a year earlier on stronger dema . . .

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Breaking News: Markets Stock markets Business Economy Markets Market Insider GameStop Corp T-Mobile US Inc STMicroelectronics NV Sonos Inc Quidel Corp DraftKings Inc Visa Inc Trade Desk Inc Discovery Inc New York Times Co Acuity Brands Inc Mizuho Financial Group Inc Alphabet Class A Walmart Inc Earnings business news

cnbc.com Jan 07, 2022

Stocks making the biggest moves premarket: GameStop, T-Mobile, Sonos and others
Peter Schacknow

T-Mobile (TMUS) – T-Mobile reported fourth-quarter postpaid net subscriber additions of 844,000 and total 2021 additions of about 2.9 million. The fourth-quarter numbers for the wireless service provider were below consensus estimates of 868,000, and the stock fell 1.8% in premarket trading. STMicro . . .

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Breaking News: Markets Stock markets Business Economy Markets Market Insider Coinbase Global Inc BioNTech SE Dividends Earnings Datadog Inc ADT Inc Pfizer Inc Walgreens Boots Alliance Inc Brian Goldner Bed Bath & Beyond Inc Constellation Brands Inc Conagra Brands Inc Helen of Troy Ltd Hasbro Inc Allbirds Inc Amazon.com Inc business news

cnbc.com Jan 06, 2022

Stocks making the biggest moves premarket: Walgreens, Bed Bath & Beyond, Conagra and others
Peter Schacknow

Walgreens earned an adjusted $1.68 per share, compared with the $1.33 consensus estimate, boosted by demand for Covid-19 vaccinations and testing. Bed Bath & Beyond (BBBY) – The housewares retailer tumbled 9.3% in premarket trading, after reporting an adjusted quarterly loss of 25 cents per share co . . .

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Deutsche Bank AG Daily Journal Corp Charlie Munger Berkshire Hathaway Inc Pinterest Inc Adobe Inc. Garmin Ltd MillerKnoll Inc Sony Group Corp Alibaba Group Holding Ltd Tesla Inc USA Truck Inc Nikola Corp BioNTech SE Pfizer Inc Beyond Meat Inc Market Insider Markets Economy Business Stock markets Breaking News: Markets business news

cnbc.com Jan 05, 2022

Stocks making the biggest moves premarket: Beyond Meat, Pfizer, Nikola and others
Peter Schacknow

Pfizer (PFE) – The drug maker's shares gained 1.5% in the premarket following a Bank of America upgrade to "buy" from "neutral". Additionally, Pfizer signed a new collaboration agreement with German partner BioNTech (BTNX) to develop an mRNA-based shingles vaccine. Nikola (NKLA) – Nikola gained 2.2% . . .

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Breaking News: Markets Investment strategy Market Insider Markets Wall Street Earnings General Electric Co Under Armour Inc Foot Locker Inc BlackBerry Warner Music Group Corp Toyota Motor Corp Hewlett Packard Enterprise Co Coca-Cola Co Ford Motor Co Apple Inc Blackbaud Inc business news

cnbc.com Jan 04, 2022

Stocks making the biggest moves in the premarket: Foot Locker, Under Armour, Warner Music and more
Peter Schacknow

Under Armour (UAA) – Under Armour rose 2.5% in premarket trading after a Baird upgrade to "outperform" from "neutral." Baird said the athletic apparel maker's stock would benefit from a cyclical recovery in earnings. Warner Music (WMG) – Warner Music slid 4% in premarket action following news of an . . .

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Breaking News: Markets Investment strategy Market Insider Markets Wall Street Earnings PayPal Holdings Inc Micron Technology Inc Marvell Technology Inc Advanced Micro Devices Inc Wells Fargo & Co Xpeng Inc ODP Corp Li Auto Inc NIO Inc McDonald's Corp Tesla Inc Callaway Golf Co business news

cnbc.com Jan 03, 2022

Stocks making the biggest moves in the premarket: Tesla, McDonald's, Nio and more
Peter Schacknow

McDonald's rose 1.1% in premarket trading. Nio (NIO) – Nio gained 2.2% in the premarket after the China-based electric vehicle maker reported December deliveries of 10,489 vehicles, up 50% from December 2020. Xpeng (XPEV) – Xpeng – another China-based EV maker – rallied 2.5% in premarket trading as . . .

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