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Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

[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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Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more

Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more

[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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Stocks making the biggest moves after hours: Etsy, Booking Holdings, eBay and more

Stocks making the biggest moves after hours: Etsy, Booking Holdings, eBay and more

[ad_1] The Etsy websiteGabby Jones | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Etsy — Shares of the e-commerce company plunged by more than 12% after Etsy's revenue guidance for the second quarter came in lighter than anticipated. The company CFO also said on the earnings

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Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more

Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more

[ad_1] Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft.Smith Collection | Gado | Getty ImagesCheck out the companies making headlines in midday trading.Lyft — Shares of Lyft tumbled about 30% after the ride-hailing company issued disappointing guidance for the second quarter and said it would increase spending to

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Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation

Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation

[ad_1] WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point as the most aggressive step yet in its battle against generational highs in inflation."Inflation is much too high and we understand the hardship it is causing, we're moving expeditiously to bring it

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Stock futures inch higher ahead of Fed’s big rate decision

Stock futures inch higher ahead of Fed’s big rate decision

[ad_1] Stock futures inched higher in overnight trading as investors braced for the Federal Reserve's big interest rate decision on Wednesday, where the central bank is widely expected to hike rates by half a percentage point.Futures on the Dow Jones Industrial Average were flat. S&P 500 futures inched 0.17% higher,

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Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms

Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms

[ad_1] Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022.Yasin Ozturk | Anadolu Agency | Getty ImagesThe Federal Reserve is tasked with slowing the U.S. economy enough to control inflation but not so

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Stocks making the biggest moves midday: Global Payments, Moderna, Activision Blizzard and more

Stocks making the biggest moves midday: Global Payments, Moderna, Activision Blizzard and more

[ad_1] Boxes containing the Moderna COVID-19 vaccine are prepared to be shipped at the McKesson distribution center in Olive Branch, Mississippi, December 20, 2020.Paul Sancya | Pool | ReutersCheck out the companies making headlines in midday trading Monday.Global Payments — Shares of the company sank 9.8% despite a better-than-expected earnings

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Stocks making the biggest moves midday: Amazon, Verisign, Honeywell and more

Stocks making the biggest moves midday: Amazon, Verisign, Honeywell and more

[ad_1] A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Amazon — Shares of the e-commerce company slumped 14% after issuing weak revenue guidance for the current

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