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Stocks making the biggest moves midday: Micron, Kohl’s, Meta Platforms and more

Check out the companies making headlines in midday trading.Micron Technology – Shares of the chipmaker fell about 6% after the company issued disappointing fiscal fourth-quarter guidance and said weakening consumer demand will hurt smartphone sales. The warning pulled down other chip stocks, which were among the top decliners in the S&P

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Stocks making the biggest moves premarket: Kohl’s, Micron, Apple and more

Check out the companies making headlines before the bell:Kohl's (KSS) – Kohl's tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl's said the deteriorating retail and financial environment presented significant

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FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale

Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021.Stefani Reynolds | Bloomberg | Getty ImagesFTX is swooping in to buy crypto lender BlockFi for pennies on the dollar, sources told CNBC.The

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Stocks making the biggest moves midday: RH, Carnival, Universal Health Services and more

Interior Design area of the Restoration Hardware store in the Meatpacking District of New York.Source: RHCheck out the companies making headlines in midday trading Thursday.RH — Shares of RH fell 10.6% after the high-end furniture chain slashed its full-year outlook and said consumer demand for its products could continue

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Stocks making the biggest moves premarket: Walgreens, Constellation Brands, RH and others

Check out the companies making headlines before the bell:Walgreens (WBA) – The drug store operator earned an adjusted 96 cents per share for its latest quarter, 4 cents above estimates, with revenue also beating analyst forecasts. Walgreens also reaffirmed its full-year guidance, forecasting low-single-digit adjusted earnings growth. The stock

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Stock futures are flat as S&P 500 tracks for worst first half of the year since 1970

U.S. stock index futures were flat during overnight trading Wednesday, as the S&P 500 prepares to wrap its worst first half in decades.Futures contracts tied to the Dow Jones Industrial Average added 0.1%. S&P 500 futures gained 0.07%, while Nasdaq 100 futures were flat.During regular trading the Dow advanced

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Stocks making the biggest moves midday: Bed Bath & Beyond, Carnival, Upstart and more

A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location.Scott Mlyn | CNBCCheck out the companies making headlines in midday trading.Bed Bath & Beyond — Shares of the retailer plummeted 23.6% after the company missed revenue estimates and

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Powell vows to prevent inflation from taking hold in the U.S. for the long run

U.S. Federal Reserve Board Chair Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. Mary F. Calvert | ReutersFederal Reserve Chair Jerome Powell vowed Wednesday that policymakers would not allow inflation to take hold of the U.S. economy over the longer term."The risk

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Stocks making the biggest moves premarket: General Mills, Carnival, Bed Bath & Beyond and more

Check out the companies making headlines before the bell:General Mills (GIS) – General Mills reported adjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with revenue that also topped Wall Street forecasts. The stock rose 1.6% in the premarket, even as the food producer forecast full-year profit

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