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[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and
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[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening
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[ad_1] A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersCheck out the companies making headlines in midday trading.Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in
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[ad_1] Check out the companies making headlines before the bell:Biogen (BIIB) – Biogen soared 45.6% in premarket trading after Biogen and Japanese partner Eisai said their experimental Alzheimer's drug dramatically slowed the disease's progression in a study, reducing cognitive and functional decline by 27%.Thor Industries (THO) – Thor Industries gained
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[ad_1] Check out the companies making headlines before the bell:Keurig Dr Pepper — The consumer stock fell 1.5% premarket after Goldman Sachs downgraded the stock to neutral from a buy rating. The Wall Street firm said it sees increased risk to Keurig's margins as commodity inflation, especially related to coffee,
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[ad_1] ETFs are seeing a record surge in popularity.The industry hit a milestone with more than 3,000 ETFs trading simultaneously for the first time ever this month — a 30% increase since December 2020, according to Morningstar.And this year investors are taking more active strategies, such as single-stock ETFs that
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[ad_1] FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop.Courtesy: FedexCheck out the companies making headlines in midday trading.FedEx – Shares of the delivery giant slid about 22% after the company preannounced disappointing results for the recent quarter, citing weakness in global
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[ad_1] Zee Business Top Picks 6th Sep'22: First time! Demat accounts surpass 10 cr in August, 60% jump from pre-Covid level; CDSL top beneficiary | Details
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[ad_1] The logo of Swedish payment provider Klarna.Thomas Trutschel | Photothek | Getty ImagesKlarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news for the "buy now, pay later" pioneer.The Swedish payments firm generated revenues of 9.1 billion Swedish krona
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[ad_1] Netflix is expanding its push into mobile gaming.Sopa Images | Lightrocket | Getty ImagesCheck out the companies making the biggest moves midday Monday:AMC — Shares of the theater chain dropped 38% as investors weighed the company's new preferred share class and news that rival Cineworld was considering bankruptcy. AMC's
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