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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 premarket: Apple, CarMax, Bed Bath & Beyond and more

Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more

[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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Two of Hong Kong’s largest IPOs for 2022 plunge in trading debut

Two of Hong Kong’s largest IPOs for 2022 plunge in trading debut

[ad_1] A gong inside the Hong Kong Stock Exchange. China Vanke's subsidiary Onewo and EV maker Zhejiang Leapmotor Technology began trading on the Hong Kong market on Thursday.Paul Yeung | Bloomberg | Getty ImagesTwo of Hong Kong's largest initial public offerings of the year dropped on their first day of

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‘Do not bet’: China’s central bank warns against yuan speculation

‘Do not bet’: China’s central bank warns against yuan speculation

[ad_1] The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week.Getty ImagesBEIJING — The People's Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week."Do not bet on a one-sided appreciation or deprecation of the renminbi

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Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

[ad_1] Ken Griffin, Citadel's founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes."We should continue on the path that we're on to ensure that we reanchor inflation expectations," Griffin said at CNBC's Delivering Alpha Investor

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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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Stock futures are little changed after Dow’s worst day since 2020

Stock futures are little changed after Dow’s worst day since 2020

[ad_1] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022.Andrew Kelly | ReutersStock futures were little changed in overnight trading Thursday after the Dow Jones Industrial Average posted its worst day since 2020.Futures on the Dow Jones Industrial Average

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Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more

Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more

[ad_1] Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | ReutersCheck out the companies making headlines in midday trading Thursday:EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported $2.49 earnings

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Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far

Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far

[ad_1] Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.Marco Bello | Getty ImagesElon Musk and Cathie Wood took aim at index funds in a Twitter thread,

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