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10 mentions found


☆ Stocks making the biggest premarket moves: Eli Lilly, Travelers, United Airlines, Alcoa and more
  + stars: | 2024-04-17 | by ( Michelle Fox | ) www.cnbc.com   time to read: +3 min
Travelers — Shares fell nearly 5% after the insurance company reported an earnings and revenue miss for its first quarter. Revenue was $10.18 billion compared with the $10.51 billion expected. J.B. Hunt Transport Services — Shares sank 8% a day after the transportation and logistics company reported an earnings and revenue miss for its first quarter. ASML Holding — U.S.-listed shares sank 5% after the Dutch semiconductor company posted revenue and new bookings that came in below consensus estimates. Omnicom — The stock added nearly 3% a day after the communications company reported an earnings and revenue beat for its first quarter.
Persons: Eli Lilly, ResMed, Eli Lilly's, Zepbound, J.B, Hunt, Joe Biden, TD Cowen, Ferrari, Bernstein, —, Dealbook, Kate Spade, Jesse Pound, Hakyung Kim, Sarah Min, Fred Imbert Organizations: LSEG, Revenue, Travelers, United Airlines, Hunt Transport, ASML, Urban, Jefferies, Autodesk, Alcoa, United Steelworkers, Ferrari, Abbott, Abbott Laboratories, New York Times, Federal Trade Commission Locations: J.B, China, Pittsburgh
☆ Stocks making the biggest moves premarket: Super Micro Computer, Deckers Outdoor, Macy's and more
  + stars: | 2024-03-04 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
Super Micro Computer , Deckers Outdoor — Shares of Super Micro Computer and Deckers Outdoor jumped 12% and 5%, respectively, after S & P Dow Jones Indices said Friday the two companies would be added to the S & P 500 later this month. They will replace Whirlpool and Zion Bancorp, which will move to the S & P MidCap 400 index as of the March 18 open. Macy's — Macy's stock skyrocketed nearly 17% after Arkhouse Management upped its buyout offer for the department store chain to $24 from $21 a share, or about $6.6 billion. Crypto stocks – Companies whose performance is tied to the price of bitcoin rose in premarket trading after the cryptocurrency touched another two-year high . Spirit AeroSystems , Boeing — Shares of the fuselage maker rose nearly 3%.
Persons: Dow, CleanSpark, AeroSystems, Lyft, Morgan Stanley, Li Auto, Piper Sandler, Brian Mullan, — CNBC's Lisa Han, Fred Imbert, Tanaya, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: Micro Computer, Dow Jones, Whirlpool, Zion Bancorp, Arkhouse Management, Apple, European Commission, Marathon, Iris Energy, RBC, Boeing —, Boeing, Max, —, Citi, Li Auto, Li, Mobile
☆ Stocks making the biggest moves midday: Macy's, Super Micro Computer, Lyft, DoorDash and more
  + stars: | 2024-03-04 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +3 min
Super Micro Computer , Deckers Outdoor — The technology firm and athletic footwear designer respectively popped 27% and nearly 3% after S & P Dow Jones Indices announced Friday that the two stocks would be added to the S & P 500 on March 18. Super Micro Computer and Deckers Outdoor will replace Zions Bancorpation and Whirlpool , which will move to the S & P MidCap 400 Index. Macy's — Shares skyrocketed 16% after Arkhouse Management said it and Brigade Capital Management have raised their offer for the department store . DoorDash — Shares jumped more than 5% after RBC upgraded the food delivery company to outperform from sector perform. Lyft — The ride-sharing platform added 6% after RBC upgraded the stock to an outperform rating from sector perform.
Persons: Dow, Zions, —, Lyft, Morgan Stanley, Li, Piper Sandler, Ford, CNBC's Michelle Fox, Alexander Harring, Hakyung Kim, Tanaya Macheel, Yun Li, Jesse Pound, Samantha Subin Organizations: Micro Computer, Dow Jones, Whirlpool, Arkhouse Management, Brigade Capital Management, Apple, European, Miners, Marathon Digital, Cipher Mining, Iris Energy, RBC, Kyverna Therapeutics, Wells, JPMorgan, Ferrari —, Citi, Li Auto, Dutch Bros, American Airlines —, Max Locations: Wells Fargo
☆ Tesla rival BYD launches electric supercar that could take on Ferrari — for $233,000
  + stars: | 2024-02-26 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +1 min
A BYD Co. Yangwang U9 electric vehicle in Shenzhen, China, on Tuesday, Jan. 16, 2024. BYD debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against luxury gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini. Photographer: Qilai Shen/Bloomberg via Getty ImagesChinese automaker BYD this weekend unveiled a new electric supercar that it says can hit speeds similar to high-end models produced by industry giants like Ferrari. The U9 supercar will be part of BYD's luxury brand Yangwang, which was only introduced last year and has launched two other vehicles. According to BYD, the U9 will be able to reach a top speed of 309.19 kilometers per hour, or 192.12 miles per hour.
Persons: BYD, Qilai Shen Organizations: Ferrari, Lamborghini, Bloomberg, Getty Images Locations: Shenzhen, China
☆ Lewis Hamilton's Departure Was a 'Surprise' at Breakfast Meeting, Mercedes Team Principal Wolff Says
  + stars: | 2024-02-02 | by ( Associated Press | Feb. | At A.M. | ) www.usnews.com   time to read: +4 min
Lewis Hamilton surprised Mercedes team principal Toto Wolff when he broke the news over breakfast that he was leaving the F1 team for Ferrari but there is “no grudge” between them, Wolff said Friday. Hamilton is leaving Mercedes at the end of the upcoming season to join Ferrari for 2025 in a move announced Thursday. Hamilton has raced for Mercedes since 2013 and won six of his seven titles with the team. Wolff said he has no concerns about involving Hamilton with Mercedes’ car development, even with Hamilton due to join a rival. In more recent times, Mercedes has also been a key supporter of Hamilton's efforts to improve diversity in F1.
Persons: Lewis Hamilton, Mercedes, Toto Wolff, Wolff, Hamilton, “, I've, ” Wolff, Hamilton’s, Peter Bonnington, ‘ Bono ’, George Russell, Mercedes ’, Nico Rosberg, we’ve, Nico, ”, ” Hamilton, —, Ferrari —, Lewis Organizations: Ferrari, Mercedes, Hamilton, McLaren Locations: Oxford, England, Abu Dhabi, Sao Paulo
☆ F1 Tries to Recover From Embarrassing First Day of Las Vegas Grand Prix
  + stars: | 2023-11-17 | by ( Associated Press | Nov. | At P.M. | ) www.usnews.com   time to read: +6 min
LAS VEGAS (AP) — Formula One is hoping to turn its luck around on the Strip, like so many other Las Vegas visitors who blow a big bankroll soon after they arrive. F1 ran a 90-minute session until 4 a.m. — when the streets had to be returned to the city for morning commuter traffic. A penalty because he ran over a drainage cover on the Las Vegas Strip, something completely out of his control and extremely dangerous considering it penetrated his seat? Because governing body FIA has no mechanism not to penalize a team that makes extensive car changes during a race weekend, Sainz has, of course, been penalized. Las Vegas is the most expensive race to attend to on the 24-event schedule.
Persons: Carlos Sainz Jr, Ferrari — Sainz, Stefano Domenicali, Renee Wilm, “, ”, let’s, ” It's, Sainz, Ferrari, Charles Leclerc, Max Verstappen, Mercedes, Toto Wolff, Williams, James Vowles, Fred Vasseur, I’m, ” Wolff, ___ Organizations: LAS VEGAS, Liberty Media, Las Vegas, Saturday, Las, FIA, F1, Locals, Liberty, Netflix Locations: Sin City, United States, Vegas, Europe, Las Vegas
☆ Stocks making the biggest premarket moves: Ferrari, Apple, KB Home and more
  + stars: | 2023-03-06 | by ( Michelle Fox | ) www.cnbc.com   time to read: +1 min
In a note to clients, Jonas cited Ferrari's backlog and pricing power as reasons to raise his price target on the stock by more than 10%. Apple — The iPhone maker advanced 2% premarket after Goldman Sachs initiated coverage with a buy rating, saying Apple could get a big boost from its services business. The Wall Street bank's 12-month price target of $199 implies Apple could rally more than 30% from here. KB Home — The homebuilder slipped 1.4% following a double downgrade to underweight from overweight by JPMorgan. Horton, another homebuilder, fell a little more than 1% after it was downgraded by JPMorgan to neutral from overweight.
☆ Stocks making the biggest moves premarket: Lululemon, Duck Creek, Mastercard, Uber and more
  + stars: | 2023-01-09 | by ( Michelle Fox | ) www.cnbc.com   time to read: +2 min
Visa , Mastercard — Shares of the payments companies gained 1.1% and 1.7% respectively, after Keybanc upgraded their ratings to overweight from from sector weight. Shares gained 2.8% premarket. Uber — Shares gained 2.8% after the rideshare platform was upgraded to overweight from neutral by Piper Sandler. Nvidia — The stock gained 1.6% premarket after being named a top pick by Wells Fargo analysts, who said they see a positive data center product-cycle materializing through 2023. Ferrari — Shares rallied more than 2% premarket after being named a top pick for 2023 by Bank of America.
☆ I drove the quickest car on the planet and it felt like a fighter jet. Take a closer look at the $2 million electric supercar.
  + stars: | 2022-10-16 | by ( Tim Levin | ) www.businessinsider.com   time to read: 1 min
It’s the first model from Pininfarina, the legendary Italian firm that’s designed and built cars for other brands like Ferrari — but never came out with its own vehicle. The Pininfarina Battista. Tim Levin/InsiderAutomobili Pininfarina is technically separate from Pininfarina, the design house. Both under the umbrella of the Indian automotive giant Mahindra.
☆ I drove a $2 million electric supercar and it felt like a fighter jet. Take a closer look at the Pininfarina Battista, which can hit 60 mph in under 2 seconds.
  + stars: | 2022-10-16 | by ( Tim Levin | ) www.businessinsider.com   time to read: 1 min
It’s the first model from Pininfarina, the legendary Italian firm that’s designed and built cars for other brands like Ferrari — but never came out with its own vehicle. The Pininfarina Battista. Tim Levin/InsiderAutomobili Pininfarina is technically separate from Pininfarina, the design house. Both under the umbrella of the Indian automotive giant Mahindra.
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