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☆ Stocks making the biggest moves midday: Walgreens, GameStop, Intel, Robinhood and more
▼ + stars: | 2024-05-13 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

GameStop — Shares in the video game retailer soared more than 65% on Monday after "Roaring Kitty," the man who fueled the 2021 GameStop mania, posted online on Reddit for the first time in roughly three years. Reddit , Robinhood — Shares of the two companies that were involved with the meme stock mania in 2021 rose on Monday as GameStop surged. Reddit rose more than 9%, hitting its highest level since March, while retail brokerage stock Robinhood gained about 6.2%. Intel — The chipmaker gained nearly 4% after The Wall Street Journal reported that it is in talks for an $11 billion deal with Apollo Global Management to build a factory in Ireland. Airlines — American Airlines gained 4.4%, while United Airlines and Delta Air Lines added 2.9% and 1.7%, respectively, after HSBC initiated coverage with buy ratings.

Persons: Incyte, Morgan Stanley, —, Alex Harring, Brian Evans, Hakyung Kim, Jesse Pound Organizations: Walgreens, Alliance, Bloomberg, GameStop, Arm Holdings, Nikkei, Nexstar Media Group, CW, Intel, Street Journal, Apollo Global Management, Technologies, Susquehanna, Airlines — American Airlines, United Airlines, Delta Air Lines, HSBC, Delta Locations: Irving, Texas, Ireland

☆ Stocks making the biggest premarket moves: Planet Fitness, Warner Bros Discovery, Yeti, Airbnb and more
▼ + stars: | 2024-05-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Quarterly revenue was $248 million, versus the $249.5 million expected from analysts polled by FactSet. Klaviyo guided for second-quarter revenue of $211 million to $213 million, higher than the $210 million expected from analysts polled by LSEG. AppLovin reported earnings per share of 67 cents, versus the 57 cents expected from analysts polled by LSEG. Bumble reported earnings per share of 19 cents, versus the 7 cents expected from analysts polled by FactSet. Adjusted earnings per share were 7 cents, versus the 6 cents expected.

Persons: Revenue, Klaviyo, AppLovin, AMC's, Duolingo, LSEG . Bumble —, Bumble, Warby Parker, Warby, Roblox, —, Jesse Pound, Tanaya Macheel, Alex Harring, Samantha Subin Organizations: FactSet, Warner Bros, LSEG, postmarket, Revenue, AMC, FactSet . Revenue, Wall Locations: British

☆ Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more
▼ + stars: | 2024-05-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in extended trading:Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue would range between $2.68 billion and $2.74 billion, but analysts were calling for $2.74 billion, per LSEG. Robinhood reported earnings of 18 cents per share on revenue of $618 million, while analysts polled by LSEG expected 6 cents in earnings per share and $549 million in revenue. Klaviyo expects revenue in the current quarter of $211 million to $213 million, while analysts polled by LSEG expected $210 million. Second-quarter revenue guidance was also weak, ranging between $250 million and $280 million, versus analysts' estimates for $306 million.

Persons: Airbnb, Robinhood, LSEG, Equinix, FactSet, AppLovin, SolarEdge Organizations: Wall, Arm Locations: Ankara, Turkey

☆ Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and more
▼ + stars: | 2024-04-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Nike — Shares added 2% following an upgrade at Bank of America to buy from neutral. Alpine Immune Sciences — Shares of Alpine Immune Sciences soared nearly 37% after Vertex Pharmaceuticals said it will buy the company for about $4.9 billion in cash. The deal values Alpine stock at $65, about 67% above its close on Tuesday, the day before Bloomberg reported Alpine was considering its options. Vera Therapeutics — The stock jumped more than 10% following the announcement of the Vertex/Alpine deal. Atlassian — Shares jumped 4% after being upgraded at Barclays to overweight from equal weight.

Persons: Robinhood, Vera Therapeutics, Berenberg, DoorDash, Alex Harring, Sarah Min Organizations: LSEG, Revenue, Nike —, Bank of America, Citi, Constellation, Modelo, Constellation Brands, Immune Sciences, Vertex Pharmaceuticals, Bloomberg, Barclays, CNBC Locations: Vera, Albemarle

☆ Stocks making the biggest moves premarket: Robinhood, GameStop, Merck and more
▼ + stars: | 2024-03-27 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Robinhood — Shares of the brokerage firm jumped more than 6% after unveiling its Robinhood Gold Card, a credit card where cash back can be deposited into a brokerage account. Concentrix — Shares slipped nearly 4% on the back of disappointing fiscal second-quarter earnings guidance. The customer experience technology company also reiterated its full-year outlook for 2024. In the prior session , the stock popped more than 15% on promising trial results for a weight loss pill. Trump Media & Technology Group — Shares of former President Donald Trump's social media company climbed nearly 14% after making its debut as a publicly traded company a day earlier.

Persons: Krispy, McDonald's, Morgan Stanley, Donald Trump's, — CNBC's Michelle Fox, Sarah Min, Jesse Pound Organizations: GameStop, Moderna, Blackstone Life Sciences, Viking Therapeutics, Deutsche Bank, Trump Media & Technology, Merck, Food and Drug Administration, FactSet

☆ Stocks making the biggest moves midday: GameStop, Merck, Carnival, Cintas and more
▼ + stars: | 2024-03-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

GameStop — GameStop shed nearly 15% after the video game retailer reported lower fourth-quarter revenue from a year ago. Merck — Merck jumped 4% after the U.S. Food and Drug Administration on Tuesday approved its drug to treat a life-threatening lung condition. However, Carnival reported an adjusted loss per share of 14 cents, better than the 18 cent loss analysts had expected. Cintas raised its full-year earnings and revenue guidance. Reddit — The social media stock slumped 13%.

Persons: Merck — Merck, Cintas, Reddit, Morgan Stanley, Wells, Concentrix, Coinbase, Donald Trump's, nCino, —, Alex Harring, Hakyung Kim, Michelle Fox, Tanaya Macheel, Jesse Pound, Brian Evans, Sarah Min Organizations: GameStop, Merck, U.S . Food, Drug Administration, LSEG, New York Stock Exchange, Marvell Technology, Citi, Deutsche Bank, General, —, Electric, U.S . Securities, Exchange, SEC, Moderna, Trump Media & Technology, Truth Social Locations: U.S, Wells Fargo

Stocks have been on a tear, but analysts can't agree on which names they like going forward. Analysts are becoming increasingly divided on names such as Tesla and International Business Machines — which have struggled recently despite the broader market rally. Against this backdrop, CNBC Pro set out to find the stocks in which analysts are most divided. is largely favored by Wall Street, receiving buy ratings from 40% of analysts covering the stock, and sell ratings from just a fifth. Other stocks analysts are divided on include sports apparel retailer Lululemon , which still has buy ratings from 50% of analysts covering the stock, and United Rentals , which has a 50-50 split in analysts' buy and sell ratings.

Persons: Stocks, Russell, Elon Musk, Goldman Sachs, Mark Delaney, Tesla's, Palantir, Mariana Perez Mora, Alex Karp, Peter Thiel Organizations: Tesla, Machines, Dow Jones Industrial, Nasdaq, CNBC Pro, Elon, FactSet, Monday, EV, Software, U.S ., Defense, Bank of America, CNBC, Israel, Tech, IBM, Wall, United Rentals Locations: Friday's, Israel

☆ Stocks making the biggest moves premarket: Citigroup, Under Armour, MicroStrategy and more
▼ + stars: | 2024-03-14 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Under Armour — Shares dropped 5.3% on news that founder Kevin Plank is returning as chief executive to the sportswear company. Dollar General — The discount retailer popped 5.8% on the back of a stronger-than-expected earnings report for the fourth quarter. After the market closed Wednesday, SentinelOne posted stronger-than-expected quarterly results. Dick's Sporting Goods -- Shares moved 3.6% higher after the sporting goods retailer posted an earnings and revenue beat for its fourth quarter. MicroStrategy — Shares gained 1.6% after MicroStrategy said it's raising $500 million to buy additional bitcoin , and to use for other general corporate purposes.

Persons: Armour, Kevin Plank, Evercore, LSEG, Joe Biden, SentinelOne, Dick's, Goldman Sachs, MicroStrategy, —, Alex Harring, Sarah Min, Michelle Fox Organizations: United States Steel, Nippon Steel Corp, Wall Street Journal, Dick's Sporting Goods, Citigroup —, Citi

☆ Stocks making the biggest moves after hours: Robinhood, SentinelOne, Under Armour and more
▼ + stars: | 2024-03-13 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

UiPath — Shares popped 8% after the software company reported fourth-quarter results that beat analysts' expectations. UiPath posted adjusted earnings of 22 cents per share on $405 million in revenue, higher than the 16 cents per share on $384 million in revenue analysts polled by LSEG, formerly Refinitiv, had anticipated. SentinelOne — The cybersecurity name slipped 10% after posting guidance for the first quarter and full year that came in line with analysts' estimates, per LSEG. Robinhood — The trading platform's stock added about 8% after the company reported its selected monthly operating data for February 2024. The company posted a wider-than-expected loss in 2023 and missed its production targets by a considerable margin.

Persons: UiPath, SentinelOne, Armour, Stephanie Linnartz, Kevin Plank, Mohamed El, Robinhood, Fisker, Lennar, LSEG, —, Christina Cheddar, Berk, Darla Mercado Organizations: LSEG, Street

☆ Gig workers face a savings crisis for retirement
▼ + stars: | 2024-03-09 | by ( Alex Bitter | Tim Paradis | ) www.businessinsider.com time to read: +6 min

AdvertisementSome gig work services are offering a perk usually associated with traditional jobs: retirement savings accounts with matching contributions. Alexandrea Ravenelle, an assistant professor in sociology at the University of North Carolina, Chapel Hill, told BI she would like to see gig workers classified as employees of the platforms, not independent workers. Ravenelle said a better plan would be for companies to extend similar types of retirement benefits to gig workers as employees of those companies enjoy. The Robinhood program also offers gig workers on these platforms access to free financial counseling through GreenPath Financial Wellness, a nonprofit. AdvertisementSergio Avedian, a Los Angeles-based industry advocate for gig workers who drives for an app himself, often encourages gig workers to set aside money for retirement.

Persons: Robinhood, —, Alexandrea, Hill, Ravenelle, Robinhood —, Doordash, Morgan Courtney, Courtney, Taskrabbit, Steve Quirk, they'll, Quirk, Sergio Avedian Organizations: Service, University of North, Financial, Workers Locations: University of North Carolina, Los Angeles, Idaho

☆ 3 reasons to consider Robinhood Gold for your savings
▼ + stars: | 2023-11-29 | by ( Business Insider | ) www.businessinsider.com time to read: +5 min

Any active investor knows the name Robinhood — but do you know about Robinhood Gold? Robinhood Gold is a suite of features and tools that span both non-retirement brokerage accounts and IRAs held within Robinhood. Here are three reasons you might want to consider Robinhood Gold for your money:1. Open a Robinhood Gold account today. The cash sweep program and Robinhood Gold are offered through Robinhood Financial LLC.

Persons: IRAs, Goldman Sachs, it's, Gold Organizations: Gold, HSBC, Citibank, Bank of Baroda, US Bank , Bank of India, Truist Bank, T Bank, First Horizon Bank, EagleBank, CIBC Bank, IRA, Morningstar, Nasdaq, Robinhood, Robinhood Financial Locations: Robinhood, Wells Fargo

☆ Stocks making the biggest moves midday: Warner Bros., Occidental Petroleum, Rivian, Toast and more
▼ + stars: | 2023-11-08 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Upstart Holdings — Stock in the artificial intelligence lending platform tumbled more than 26% after missing third-quarter sales and earnings estimates. Biogen — Stock in the biotech company fell more than 4% after third-quarter sales and earnings topped analysts' estimates. Boston-based Toast lost 9 cents per share, while analysts were expecting earnings of 10 cents per share, according to LSEG. Robinhood — The trading platform fell more than 14% after missing revenue estimates in the third quarter. Uber was down almost 1% after the company posted third-quarter results that missed sales and earnings estimates.

Persons: Berkshire Hathaway —, Rivian, Roblox, LSEG, StreetAccount, Robinhood, Uber, Jesse Pound, Yun Li, Pia Singh, Alex Harring, Lisa Han, Tanaya Macheel, Sarah Min Organizations: —, FactSet, Reata Pharmaceuticals, Occidental Petroleum —, Berkshire, Occidental, Wall, LSEG, Warner Bros, HBO, Food Network, eBay Locations: Houston, Boston

☆ Stocks making the biggest moves after hours: eBay, Toast, Extra Space Storage, Akamai Technologies and more
▼ + stars: | 2023-11-07 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Robinhood posted third-quarter revenue of $467 million, compared to analysts' estimate of $478 million, per LSEG. Akamai posted third-quarter adjusted earnings of $1.63 per share and revenue of $965.5 million. Devon posted third-quarter adjusted earnings of $1.65 per share, compared to the $1.56 per share anticipated by analysts, per FactSet. The energy company posted third-quarter adjusted earnings of $1.18 per share, while analysts polled by FactSet anticipated 88 cents per share. Extra Space Storage reported a third-quarter revenue of $748 million, above the $680.6 million expected by analysts polled by FactSet.

Persons: Robinhood, LSEG, Akamai, FactSet, DaVita, Devon, Morgan Stanley, —, Darla Mercado Organizations: Revenue, eBay, Technologies, Akamai Technologies, Devon Energy —, Energy, Occidental Petroleum —, Occidental Petroleum, Occidental, Citigroup, FactSet

☆ Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more
▼ + stars: | 2023-08-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

SolarEdge Technologies — The solar stock tumbled about 19% after the company reported $991 million in revenue, missing analysts' estimates of $992 million, according to Refinitiv. CVS Health — The retail pharmacy stock gained 4% during midday trading Wednesday after the company posted strong earnings and revenue for the second quarter. The company reported adjusted earnings per share of $1.29, topping the $1.10 expected from analysts polled by StreetAccount. Starbucks' adjusted earnings per share for the fiscal third quarter was $1, versus the 95 cents expected by analysts, per Refinitiv. Chinese tech stocks — Shares of Chinese technology stocks dropped after regulators in China proposed limits on smartphone use for minors.

Persons: SolarEdge, Norwegian's, Emerson Electric's, Pinterest, Generac, Freshworks, Genuity, Robinhood, CNBC's Hakyung Kim, Pia Singh, Alex Harring Organizations: SolarEdge Technologies, CVS Health, CVS, Wall Street, Cruise, Susquehanna, Emerson, StreetAccount, Revenue, Wall, FactSet's, Starbucks, Bank of America, JPMorgan, Scotts Miracle, Gro, Scotts, JD.com, Baidu, Tencent Locations: Refinitiv, China

☆ Stocks making the biggest moves premarket: Match Group, CVS, SolarEdge and more
▼ + stars: | 2023-08-02 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

CVS Health — Shares of the retail pharmacy giant rose 1.8% premarket after the company posted strong earnings and revenue for the second quarter. CVS reported earnings of $2.21 per share on revenue of $88.9 billion. Wall Street analysts expected $2.11 per share on earnings of $86.5 billion, according to Refinitiv. AMD — The chip stock climbed more than 2% in premarket trading after the company posted better-than-expected second-quarter earnings and revenue. Match Group — The Tinder and Match parent jumped 10% on a strong second-quarter earnings report.

Persons: Kraft Heinz, Freshworks, Wall, David Hynes, BTIG, Macheel, Alex Harring, Yun Li, Jesse Pound, Samantha Subin, Brian Evans, Michelle Fox Theobald Organizations: CVS, Wall Street, Refinitiv, Norwegian Cruise, Susquehanna, Technologies, FactSet, AMD, Starbucks Locations: Norwegian, China

☆ Stocks making the biggest moves after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and more
▼ + stars: | 2023-08-02 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The company is calling for revenue ranging between $610 million and $645 million, while analysts called for $632 million, per Refinitiv. Qualcomm posted $8.44 billion in adjusted revenue, while analysts polled by Refinitiv forecast $8.5 billion. Zillow forecasts revenue of $458 million to $486 million, while analysts polled by FactSet are calling for revenue of $488.1 million. The company reported revenue of $494 million in the second quarter, while analysts polled by Refinitiv anticipated $473 million. The company posted $533 million in revenue, while analysts polled by Refinitiv sought $518 million.

Persons: Vlad Tenev, Baiju Bhatt, Etsy, DoorDash, FactSet, Qorvo, Refinitiv, Tripadvisor, Darla Mercado Organizations: Refinitiv, Qualcomm —, Qualcomm, MGM Resorts, MGM, PayPal, Refinitiv . Revenue, Unity Locations: New York City

☆ Stocks making the biggest moves midday: First Solar, News Corp, Charles Schwab, Twilio and more
▼ + stars: | 2023-05-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:First Solar — Shares soared 26.48% after the solar company announced it is acquiring Evolar AB for up to $80 million. First Solar said the acquisition of the European company, which develops thin film used in solar panels, should accelerate its development of next-generation photovoltaic technology. News Corp — The media company's stock popped 8.48% after it reported an earnings and revenue beat for its fiscal third quarter after the bell Thursday, according to FactSet. JD.com — The Chinese e-commerce company's U.S.-listed shares slid 6.19%, a day after gaining 7.2% on an earnings beat. Charles Schwab — Shares of the brokerage firm rose 2.54% Friday after the company reported total client assets rose 1% in April.

☆ Stocks making the biggest moves premarket: PacWest, Disney, Robinhood and more
▼ + stars: | 2023-05-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

PacWest — Shares plunged 20% after the regional bank stock said deposits fell 9.5% for the week ended May 5. Other regional banks stocks moved lower on the news, with Western Alliance and First Horizon down 7.3% and 3.2%, respectively. The company also reported revenue and profit that was roughly in line with Wall Street's expectations. AppLovin — Shares soared more than 16% in premarket trading following the company's first-quarter revenue and-second quarter guidance beat after the bell Wednesday. Analysts had anticipated a loss of $1.01 per share on revenue of $90.8 million, according to Refinitiv.

☆ Stocks making the biggest moves midday: PTN, BYND, GOOGL, PACW and more
▼ + stars: | 2023-05-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The entertainment giant also reported revenue and earnings in line with Wall Street's estimates, according to Refinitiv. AppLovin — Shares popped 23.53% following the company's first-quarter revenue beat. Unity Software's revenue of $500 million beat the $480 million expected from analysts polled by Refinitiv. Tapestry — Shares of the Coach parent jumped 8.27% after the company reported stronger-than-expected earnings and revenue for its latest quarter. Its first-quarter revenue came in at $441 million, versus analyst estimates of $425 million, according to Refinitiv.

Disney — Shares fell 4.7% after the company reported mixed fiscal second quarter results. Beyond Meat — The alternative meat manufacturer's shares rose 8.5% after Beyond Meat posted better-than-expected results for the first quarter. Beyond Meat reported a loss of 92 cents per share and $92.2 million in revenue. Analysts had anticipated a loss of $1.01 per share on revenue of $90.8 million, according to Refinitiv. Unity Software – Unity Software shares popped 12% after the company beat revenue estimates for the recent quarter, according to Refinitiv.

☆ Stocks making the biggest premarket moves: Tapestry, Credit Suisse, Disney and more
▼ + stars: | 2023-02-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves in premarket trading:Tapestry — The company reported adjusted fiscal second-quarter earnings before the bell of $1.33, beating StreetAccount's estimate of $1.27, and raised its fiscal 2023 earnings outlook. Hilton Worldwide — The hotel operator reported adjusted fourth-quarter earnings of $1.59 per share before the bell, topping estimates of $1.22, per StreetAccount. PepsiCo -- The beverage giant reported adjusted fourth-quarter earnings and revenue before the bell that beat expectations, thanks to price hikes that boosted sales. The company reported $380 million in revenue, below the $397 million expected from analysts, according to Refinitiv. However, the company posted a wider-than-expected loss of $1.53 per share, versus the $1.36 loss per share predicted by analysts.

☆ Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more
▼ + stars: | 2023-02-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Disney — Shares of the entertainment company rose more than 6% after the company released its fiscal first-quarter earnings report. Robinhood — Shares rose 5% after Robinhood missed revenue expectations in its latest earnings report. Analysts called for per-share earnings of $1.83 on revenue of $4.59 billion, according to FactSet. Although the company reported $1 billion in revenue for the latest quarter, compared to analysts' expectations of $958 million, according to Refinitiv. MGM beat analysts' estimates on fourth-quarter revenue, posting $3.59 billion compared to the $3.35 billion expected by Wall Street, according to Refinitiv.

☆ Robinhood to pay a 1% 'match' on customer contributions to retail individual retirement accounts
▼ + stars: | 2022-12-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

The retail brokerage will pay a 1% "match" on contributions its customers make to a Robinhood individual retirement account, the firm said Tuesday. The firm is billing it as the first-ever match paid to retail IRA customers (i.e., outside of a workplace retirement plan.) A 401(k) match is a common retirement benefit offered by employers that sponsor a workplace retirement plan. How the match worksA 401(k) match is generally structured as a share of employee contributions. There aren't any contribution or account minimums to get the Robinhood match, and trades don't carry commissions.

☆ Stocks making the biggest moves midday: Under Armour, Robinhood, Peloton, Lincoln National and more
▼ + stars: | 2022-11-03 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The real estate tech company reported earnings of 38 cents per share on revenue of $483 million. Robinhood — Shares of the trading app soared 9.7% after the company reported a smaller-than-expected quarterly loss as well as revenue that topped analyst forecasts. Lincoln National — Shares dropped 33% after Lincoln National missed earnings per share expectations in its third quarter, despite surprising to the upside on its sales forecast. The company reported adjusted earnings per share of $3.13, in line with Wall Street expectations. Otherwise, the company reported a strong third-quarter earnings report, beating on the top and bottom lines.

☆ Stocks making the biggest moves after hours: Roku, Qualcomm, Etsy and more
▼ + stars: | 2022-11-02 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Qualcomm – Shares of Qualcomm lost 6% after the company reported earnings after the bell that included a guidance for its fiscal first quarter that fell below expectations, due to weak demand in China and elevated inventories. The technology firm reported adjusted earnings per share of $3.13, in-line with Wall Street expectations, according to Refinitiv. The company reported third-quarter results that beat analysts' forecasts, with a per-share loss of 88 cents compared to a $1.28 loss, according to Refinitiv. Etsy — Etsy jumped more than 10% after the company reported quarterly earnings that beat the Street. Revenue was $483 million where Wall Street expected $456 million.

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