37.90 +0.29 (0.77%)
Pre-market: 7:07AM EDT
|Bid||37.41 x 500|
|Ask||37.89 x 300|
|Day's range||37.30 - 37.86|
|52-week range||27.28 - 39.28|
|PE ratio (TTM)||5.64|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
The Dow and S&P 500 eked out record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair. Investors have been anxious to hear who President Donald Trump will pick as the nominee. A decision like Powell would likely be a continuation of the current stock market-friendly monetary policy that has helped fuel the market's more than eight-year bull run.
Stocks that moved substantially or traded heavily Thursday: United Continental Holdings Inc., down $8.21 to $59.78 The parent of United Airlines said that weak prices will continue the rest of this year ...
Apple’s (AAPL) stock is under pressure on reports that the tech giant is having some issues with its LTE Watch and demand for the iPhone 8. China’s government has reportedly cut LTE access to the Apple Watch Series 3 over government security concerns. According to the Wall Street Journal, the cellular service was available exclusively to qualified China Unicom customers when the watch went on sale September 22, but new subscriptions after September 28 were cut off without explanation. In a separate report, Reuters, citing Taiwan’s Economic Times, warns the tech giant is cutting production of its iPhone 8.
Shares of eBay (EBAY) were off 2.03% to $37.22 in mid-day trading Thursday after the company warned of lower-than-expected profits in the current quarter. After the market close Wednesday, the online marketplace forecasted fourth-quarter adjusted profit of between 57 cents to 59 cents per share. Analysts on average were expecting a profit of 59 cents per share, according to Thomson Reuters I/B/E/S. As James Lee, an analyst with Mizuho Securities USA put it, the lower earnings forecast is due in part to " increased investment in brand marketing in the US and international markets, which will step up mostly during the holiday quarter." Could this be the beginning of tougher times for a stock that has handily outpaced both the Nasdaq and & Standard & Poor's 500 this year?
Stocks dropped hard at Thursday's open, as undertow from global markets, company news and mixed early earnings reports took a toll.
Among the companies with shares expected to trade actively in Thursday's session are Apple, eBay, United Continental, American Express and Blue Apron.
Considering the revenue opportunity in the online marketplace service business, marketplace providers are in a fierce battle for the attention of third-party merchants.
Huntsman, Alaska Air, United Air Lines, American Express and eBay highlighted as Zacks Bull and Bear of the Day
eBay's (EBAY) third-quarter 2017 results were driven by strength across all its three platforms in the United States and internationally.
U.S. stock futures fell sharply on Thursday, led by a hefty tumble for Nasdaq-100 futures as shares of eBay Inc. slid. Dow Jones Industrial Average futures slid 115 points, or 0.5%, to 23,000, while S&P ...
The online marketplace is making a big push to catch up to Amazon.com Inc with three-day guaranteed delivery and a more user-friendly website, hoping to distinguish itself as a haven for specialty items rather than commodity products. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57 cents and 59 cents per share. On that basis, analysts on average were expecting a profit of 59 cents per share, according to Thomson Reuters I/B/E/S.
eBay Inc. (EBAY) just released its second-quarter 2017 financial results, posting earnings of 48 cents per share and revenues of $2.4 billion.
EBay Inc. reported higher-than-expected sales in its third quarter, but shares tumbled after the company lowered its annual profit outlook for the second consecutive quarter.
EBay said it expects to earn between 57 cents and 59 cents during the current fourth quarter, below views for 60 cents.
NEW YORK, Oct (Shenzhen: 000069.SZ - news) 18 (Reuters) - The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth. The Dow hit 22,000 on Aug. 2, only 54 trading days earlier and roughly half the time it took the index to move from 21,000 to 22,000. This marks the fourth time this year the Dow has reached a 1,000-point milestone.
EBay Inc. gave a lackluster profit forecast for the holiday quarter, blunting investor enthusiasm that the online marketplace was solidifying its position in an industry dominated by Amazon.com Inc.