Finance

Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Bernstein upgraded Amazon to “outperform” from “market perform,” saying a 16% drop in the stock over the past few weeks has created an attractive entry point. Bernstein highlights Amazon’s growth prospects, noting a 50% increase this year in fulfillment capacity.
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Stock futures held steady in overnight trading on Monday following a steep sell-off on Wall Street. Futures on the Dow Jones Industrial Average fell about 10 points. The S&P 500 futures were flat and the Nasdaq 100 futures dipped slightly. The market’s September sell-off intensified on Monday with the Dow Jones Industrial Average dropping 500 points, suffering
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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., gestures while speaking during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Thursday, March 14, 2019. Christopher Morin | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Nikola, General Motors — Nokola tanked more than
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Check out the companies making headlines after the bell:  Snowflake — Selling in the biggest software IPO continued in extended trading with shares of Snowflake down more than 1%. The cloud company dropped more than 26% in regular-hours trading after soaring 111% in its market debut Wednesday. Penn National Gaming — Shares of Penn National Gaming rose another
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Herman Miller Aeron chair Source: Herman Miller Shares of office furniture retailer Herman Miller are surging after a blowout earnings report that showed the company is benefiting from the work-from-home trend.  Herman Miller jumped more than 35% in midday trading on Thursday, while the broader market was under pressure.  As the coronavirus pandemic forces millions
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Institutional Investor Hall of Famer Richard Bernstein predicts more momentum in stocks closely tied to the economy. He expects more enthusiasm surrounding the state of the recovery will drive more investors away from richly valued mega cap growth names, which include big tech high flyers.  “If you’re buying them today at these types of valuations,
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U.S. stock futures were flat in overnight trading as investors readied for comments from the Federal Reserve on Wednesday.  Dow futures rose 12 points. S&P 500 and Nasdaq 100 futures were also set to open flat, with gains of 0.02% and 0.07%, respectively. Better-than-expected earnings from FedEx and Adobe after the bell boosted sentiment. FedEx
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