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☆ Cryptocurrencies dip as investors digest regulatory updates from industry heavyweights Binance, Kraken
▼ + stars: | 2023-11-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Founder and CEO of Binance Changpeng Zhao, commonly known as "CZ", attends the "CZ meets Italy" at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. The move weighed on the rest of the crypto market. Earlier in the day the coin rose as much as 5% with hopeful investors eager to see the multi-year investigation into the world's largest crypto exchange resolved. Cryptocurrencies were slightly lower Tuesday, as investors weighed a batch of regulatory updates from Washington involving some of the biggest names in crypto: Binance, Kraken and Tether. Investors were all weighing news from another major crypto exchange: Kraken.

Persons: Zhao, Palazzo Brancaccio, Ripple's XRP, Solana, Uniswap, bitcoin, Changpeng Zhao, James Butterfill Organizations: CZ, U.S . Department of Justice, Binance, SEC, Securities and Exchange Commission Locations: Italy, Palazzo, Rome, Washington, Southeast Asia

Several executives committed their own, personal money to buying their company's stock this week. CNBC Pro screened for the five U.S. companies with the biggest insider buying activity over the past week, using data from VerityData. Intel — Director Lip-Bu Tan purchased 66,000 shares at an average price of $37.84 for a total of $2.5 million. Opko Health — CEO Phillip Frost bought 1 million shares at $1.27 apiece in a "high IQ" buy for a total of $1.27 million. Another notable insider purchase this week came from SolarEdge Technologies ' director Avery Moore, who bought about 15,000 shares at an average price of $70.96 for a total of $1.09 million.

Persons: Seifi Ghasemi, Tan, Kristina Burow, Phillip Frost, Orlando Carvalho, Frost, Opko, Carvalho, FactSet, Avery Moore, SolarEdge Organizations: CNBC Pro, Air Products, Chemicals, Intel, Therapeutics, Health, Mercury Systems, SolarEdge Technologies

☆ Stocks making the biggest moves midday: Gap, Ross Stores, Tenet Healthcare and more
▼ + stars: | 2023-11-17 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Adjusted earnings of 59 cents per share smashed analysts' expectations of 19 cents per share, per LSEG. Revenue also beat estimates, coming in at $3.77 billion compared with the $3.6 billion forecast. Otherwise, the company topped fiscal fourth-quarter earnings and revenue estimates. It now forecasts third-quarter revenue of $108 million to $113 million, lower than prior guidance of $150 million to $165 million. Tenet Healthcare — Shares jumped more than 11% after Tenet Healthcare said it would sell three of its South Carolina hospitals to Novant Health.

Persons: Ross, Dillard's, GitLab, — CNBC's Brian Evans, Alex Harring, Hakyung Kim, Tanaya Macheel, Pia Singh Organizations: Old Navy, Revenue, Brands Holdings, Spectrum Brands, ChargePoint Holdings, Tenet, Tenet Healthcare, Novant Health, Ross Stores, Reuters, Justice Department, Pacific Biosciences, UBS, biosciences, —, ISI, Barclays Locations: South Carolina, California

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlackRock files spot Ethereum ETF application with the SEC: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jonathan Levin, co-founder and chief strategy officer at Chainalysis, discusses his testimony before the House Financial Services Committee on crypto's role in illicit finance.

Persons: explainers, Jonathan Levin Organizations: SEC, CNBC Crypto, CNBC, Financial

☆ Stocks making the biggest premarket moves: Target, TJX, Sirius XM, Advance Auto Parts and more
▼ + stars: | 2023-11-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Target posted earnings per share of $2.10 compared with the expected $1.48, according to LSEG. TJX Companies — The retailer shed 2.4% despite reporting and earnings and revenue beat. Third-quarter earnings per share came in at $1.03 versus the 99 cents expected from analysts polled by LSEG. Sirius XM — Shares popped 8.6% after billionaire investor Warren Buffet revealed in a regulatory finding that he purchased 9.7 million shares of Sirius XM in the third quarter. Energizer — The stock slipped nearly 4%, a day after gaining 7.4% on an earnings beat.

Persons: Warren Buffet, Generac, Energizer, Holley —, Jeffries, — CNBC's Hakyung Kim, Sarah Min, Tanaya Macheel Organizations: LSEG, Sirius XM, Bank of America, Wednesday, JPMorgan, Corp Locations: LSEG, LSEG ., underperform, V.F

☆ Solana surges amid altcoin rally, nearly triples its price over the past month
▼ + stars: | 2023-11-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The price of the Solana token jumped Wednesday amid an ongoing rally in altcoins and bullish remarks on the token from famed tech investor Cathie Wood. It has nearly tripled in price in the past month. "Ether was faster and cheaper than bitcoin [back] in the day – that's how we got ether. Activity on Solana has been growing all year, particularly in liquid staking protocols like Jito, according to data provider Kaiko. Solana is up about 510% this year and has been one of the best performing cryptocurrencies of 2023.

Persons: Cathie Wood, Solana, CNBC's, Wood, altcoins, outpacing, Polygon's, XRP, bitcoin, Mikołaj Zakrzowski, blowup, Sam Bankman, Fried Organizations: Ark, CNBC, CNBC PRO, Solana Locations: altcoins, Solana

☆ Cathie Wood says the Grayscale Bitcoin Trust will lose this edge when a bitcoin ETF is approved
▼ + stars: | 2023-11-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Competition is set to heat up for the popular Grayscale Bitcoin Trust once the Securities and Exchange Commission approves a spot bitcoin ETF in the U.S. ARK in partnership with 21 Shares is in a long line at the SEC to get its application to launch a spot bitcoin ETF approved. Grayscale has been fighting with the SEC to convert GBTC into an ETF. The drumbeat for a bitcoin ETF has been growing louder since this summer. This week, ARK sold $6 million of GBTC shares, which Wood cited as a routine profit-taking event.

Persons: Cathie Wood, …, Wood, Bitcoin, ARK Organizations: Securities and Exchange Commission, U.S, ARK, CNBC, SEC Locations: GBTC, U.S, Canada, Europe

☆ CNBC Pro Talks: Bitcoin bull Cathie Wood breaks down outlook on digital currency amid new ETF hype
▼ + stars: | 2023-11-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Bitcoin bull Cathie Wood breaks down outlook on digital currency amid new ETF hypeBitcoin and crypto equities have outperformed the major stock averages and commodities this year, but should it be part of your portfolio, and how? CNBC's Tanaya Macheel speaks with Cathie Wood, CEO of ARK Invest, about different ways to get exposure to crypto and what's driving the market now and what may be ahead in the coming months.

Persons: Wood, Macheel, Cathie Wood Organizations: ARK Invest

☆ Stocks making the biggest moves midday: Tesla, Warner Bros. Discovery, Boeing, HP and more
▼ + stars: | 2023-11-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Buyers could face possible legal action and Tesla may also refuse to sell future EVs to that individual or entity. Plug Power — Shares of the hydrogen developer added 1% after falling earlier in the session and plunging 40% Friday. On Monday, Wolfe Research downgraded Plug Power to peer perform from outperform, citing execution risk for financing operations. The downgrade came after Plug Power on Friday issued a going concern warning . The firm noted that the company recently topped consensus earnings estimates and expressed optimism over Health Catalyst's strong product portfolio and tech-enabled managed services (TEMS).

Persons: Tesla, Guggenheim, Wolfe, CrowdStrike, Henry Schein —, Henry Schein, Piper Sandler, GitLab, —, Sarah Min, Hakyung Kim, Alex Harring, Jesse Pound, Pia Singh, Tanaya Macheel Organizations: Warner Bros, Discovery, Boeing —, Dubai carrier Emirates, Boeing, Bloomberg, Nvidia —, Wolfe Research, StreetAccount, Tyson, Stifel, CrowdStrike Locations: China

☆ Altcoins are finally joining the current bitcoin rally as crypto investors turn risk-on
▼ + stars: | 2023-11-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Altcoins were in rally mode this week after lagging bitcoin in its recent climb to new 2023 highs. Bitcoin and ether have been separate from this trend recently, with more investors appearing to treat them as a safety trade compared to smaller, riskier altcoins. "Historically we've seen bitcoin rally, then Ethereum, then alts, and that pattern seems to be repeating as this bull market heats up," he said. "We see as a more likely scenario existing capital shifting from existing bitcoin products such as the Grayscale bitcoin trust, bitcoin futures ETFs and publicly listed bitcoin mining companies, into the newly-approved spot bitcoin ETFs," he said. He also said that bitcoin ETFs already exist in Canada and Europe but haven't garnered much interest from investors since their inception.

Persons: Altcoins, bitcoin, Polygon's, Bitcoin, Rob Ginsberg, Ginsberg, altcoins, – it's, It's, Ryan Rasmussen, Mike Novogratz, JPMorgan's Nikolaos Panigirtzoglou, haven't, Panigirtzoglou, — CNBC's Michael Bloom Organizations: Solana, ADA, ETH, Wolfe Research, Treasury, Bitwise Asset Management, Galaxy Digital, JPMorgan Locations: Canada, Europe

☆ Stocks making the biggest moves premarket: Plug Power, Illumina, Diageo and more
▼ + stars: | 2023-11-10 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Wynn notched an adjusted 99 cents per share on $1.67 billion in revenue, while analysts polled by LSEG forecast 75 cents and $1.59 billion. Illumina's revenue was lower than analysts' estimates, although the company had beat on adjusted earnings per share in the third quarter. After the closing bell Thursday, Plug Power had reported a surprisingly larger loss for the third quarter along with disappointing revenue. TKO Group — The stock tumbled 7.5% after Executive Chairman Vince McMahon said he planned to sell 8.4 million shares of the WWE parent company. The company posted third-quarter adjusted earnings and revenue that exceeded estimates, however.

Persons: Wynn, Vince McMahon, LSEG, —, Alex Harring, Tanaya Macheel, Brian Evans Organizations: Wynn Resorts, LSEG, Wynn, Diageo —, RBC Capital Markets, WWE, McMahon, Capri Locations: Wynn Macau, America, Caribbean

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther rises nearly 4% after BlackRock files to launch spot ETF: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Katherine Kirkpatrick of Cboe Digital discusses what's next for the industry after the conviction of Sam Bankman-Fried.

Persons: explainers, Katherine Kirkpatrick, Sam Bankman Organizations: BlackRock, CNBC Crypto, CNBC, Cboe

☆ Ether tops $2,000 for the first time since April, bitcoin climbs to an 18-month high
▼ + stars: | 2023-11-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

A similar notice for the iShares Bitcoin Trust came on June 8, one week before BlackRock's filing for a bitcoin ETF. The price of ether jumped Thursday, topping the key $2,000 level for the first time since April, after BlackRock took initial steps toward filing for a spot ether ETF. Other crypto assets as well as crypto equities rode the bitcoin price wave Thursday. Meanwhile, shares of bitcoin miners rode the bitcoin wave too. Don't miss these stories from CNBC PRO:Correction: The price of bitcoin topped $37,000 for the first time since May 2022.

Persons: Clara Medalie, Ether, bitcoin, Solana, Darius Tabatabai, Gary Gensler, Microstrategy, CleanSpark, —, Jesse Pound Organizations: Delaware's Division, Corporations, BlackRock, Metrics, Cardano, SEC, CNBC, Marathon, Iris Energy Locations: Coinbase

☆ 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

☆ Robinhood drops 14% after reporting big declines in trading volume and revenue
▼ + stars: | 2023-11-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Shares of Robinhood fell Wednesday after the retail brokerage reported a drop in trading volumes in the last quarter and said it's looking to expand growth in Europe. Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were predicting. Revenue was hurt by a 13% decline in third-quarter transaction revenue tied to stock trading, compared with the same period last year. The drop in trading coincides with rising treasury yields –with the 10-year Treasury yield topping 5% just last month – that have been weighing on equities.

Persons: Robinhood, Crypto, we've, Vlad Tenev Organizations: Treasury Locations: Robinhood, Europe

☆ Stocks making the biggest moves midday: Datadog, Re/Max, Planet Fitness, Tripadvisor and more
▼ + stars: | 2023-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Revenue was $547.5 million, topping the $524.7 million expected. Planet Fitness — Shares rallied 12.4% after the gym chain topped expectations for both earnings and revenue for the third quarter. Vivid Seats beat analysts' expectations for third-quarter revenue, while also offering strong guidance on the measure for 2023 and 2024. Tripadvisor — Shares of the travel website operator jumped 9.5% after the company beat third-quarter earnings and revenue expectations. Hims & Hers Health also raised its full-year guidance and announced a $50 million share repurchase program.

Persons: Max —, Morgan Stanley, Max, StreetAccount, Tripadvisor, Sanmina, Goldman Sachs, D.R, Horton —, — CNBC's Pia Singh, Tanaya Macheel, Sarah Min, Alex Harring, Jesse Pound Organizations: StreetAccount, Revenue, National Association of Realtors, BioMarin Pharmaceutical, Reuters, Elliott Investment Management, BioMarin, Air Products, Chemicals, UBS, Credit Suisse Locations: Swiss

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBored Ape NFT creator Yuga Labs responds to eye injury claims from ApeFest event: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, David Wachsman, CEO of global blockchain consulting firm Wachsman, explains what's next for the crypto industry following Sam Bankman-Fried's guilty verdict. Wachsman also weighs in on bitcoin's recent rally.

Persons: explainers, David Wachsman, Wachsman, what's, Sam Bankman Organizations: CNBC Crypto, CNBC

☆ Bernstein says to buy these crypto stocks to play the expected bitcoin ETF and halving
▼ + stars: | 2023-11-07 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Crypto investors are returning attention to two big catalysts – a bitcoin ETF and the Bitcoin halving – and Bernstein has ways to play each. With that backdrop, Bernstein recently initiated coverage on bitcoin mining stocks, with an outperform rating on both Riot Platforms and CleanSpark and a market perform rating on Marathon Digital . "Right now, you should buy RIOT and CLSK, with clear market catalysts around bitcoin ETF approval in early 2024," Bernstein analyst Gautam Chhugani said in a note Monday. Further down the road, there's the next bitcoin halving, which is expected in the spring of 2024. It happens approximately every four years, when the reward for mining bitcoin is cut in half as mandated in the Bitcoin code to reduce the supply of the cryptocurrency over time.

Persons: Bernstein, Crypto, Gautam Chhugani, It's, Chhugani, it's, CNBC's Michael Bloom Organizations: Marathon

☆ Stocks making the biggest moves midday: Hilton Grand Vacations, Paramount, Albemarle and more
▼ + stars: | 2023-11-06 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Hilton Grand Vacations — The stock declined roughly 7% after the lodging company said it would acquire Bluegreen Vacations for about $1.5 billion . Hilton Grand Vacations also posted its third-quarter results, posting revenue of $1.02 billion, down from $1.12 billion a year earlier. Berkshire Hathaway —The B-class shares of Warren Buffett's investment company fell nearly 2% after Berkshire reported its third-quarter results on Saturday. Constellation Energy — The energy company gained nearly 7% after raising its earnings guidance for the full year. The company anticipates adjusted EBITDA of $3.80 billion to $4 billion, while its previous guidance was $3.3 billion to $3.7 billion.

Persons: Raymond James, SolarEdge, Wells, Albemarle —, Berkshire Hathaway, Warren, Dan Eggers, Davidson, Yun Li, Alex Harring, Pia Singh, Jesse Pound, Tanaya Macheel Organizations: Hilton, Paramount Global, Bank of America, Albemarle, UBS, Berkshire, Dish, Constellation Energy, Dominion Energy, Barclays, Holdings, D.A, Booking Holdings Locations: Berkshire

☆ Stock futures are little changed after the S&P 500's best week of 2023: Live updates
▼ + stars: | 2023-11-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

U.S. equity futures were flat on Sunday evening after the major averages capped their best week so far this year. S&P 500 futures ticked higher by 0.03% and Nasdaq 100 futures hovered below the flat line at 0.01%. November is the best-performing month for the S&P 500, according to the Stock Traders' Almanac. The S&P 500 has generated an average return of 7% from November through April since then, he said. Several other Fed officials are making public remarks later in the week as well, including New York Federal Reserve President and CEO John Williams, Atlanta Federal Reserve President Raphael Bostic, Richmond Federal Reserve President Thomas Barkin and Dallas Fed President Lorie Logan.

Persons: Dow, LPL, Adam Turnquist, Turnquist, Walt Disney, Wynn, Jerome Powell, Bharat Ramamurti, CNBC's, Lisa D, Cook, John Williams, Raphael Bostic, Thomas Barkin, Lorie Logan Organizations: Dow Jones, Nasdaq, Stock Traders, MGM Resorts, Occidental Petroleum, National Economic Council, New York Federal Reserve, Atlanta Federal Reserve, Richmond Federal, Dallas Fed Locations: Horton, Atlanta, Richmond

☆ Bitcoin just formed a bullish ‘golden cross’ signal. What it means after the cryptocurrency's recent rally
▼ + stars: | 2023-10-31 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The bitcoin price chart just flashed a bullish signal that typically heralds a big rally is on the horizon. On Monday, the cryptocurrency formed a "golden cross," a pattern that's drawn when the 50-day moving average crosses through, and above, an ascending 200-day moving average. "Every big price move starts with a positive cross, but not every positive cross leads to a big move," he told CNBC. However, the last "golden cross" with an ascending 200-day moving average took place Feb. 11, according to Coin Metrics. The slope of the 200-day moving average should continue to point higher as long as the breakout above the second-quarter peaks hold, Wald said.

Persons: Rob Ginsberg, Bitcoin, cryptocurrency, Ari Wald, Oppenheimer, Jerome Powell's, bitcoin, Wald, —, Nick Wells Organizations: Traders, Wolfe Research, CNBC, Metrics, Investors

☆ Stocks making the biggest moves premarket: Amazon, Intel, Enphase Energy and more
▼ + stars: | 2023-10-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Amazon — Amazon's stock surged 7% after the e-commerce giant reported strong third-quarter results and showed a 13% jump in revenue for the period. Intel — The chip stock popped 7% after posting third-quarter results Thursday that topped Wall Street's expectations and offered strong guidance for the current period. Chipotle Mexican Grill — Shares of the restaurant chain rose more than 3% in premarket trading after the company's third-quarter earnings topped expectations. Stanley Black & Decker beat third-quarter earnings expectations , citing "strong momentum" with its cost reduction program. Colgate-Palmolive topped third-quarter earnings expectations on the top and bottom lines and hiked its organic sales growth outlook.

Persons: Pat Gelsinger, Ford, Chipotle, LSEG, LSEG . Stanley Black, Decker, Stanley Black, Sanofi, Newell Brands, Cantor Fitzgerald, —, Jesse Pound, Tanaya Macheel, Pia Singh, Sarah Min Organizations: Intel, Enphase Energy, LSEG, Ford, UAW, Exxon Mobil, Chevron — Chevron, Chevron, Colgate, Palmolive, Sanofi — U.S, Newell, Charter Communications, Disney . Charter Communications, Hasbro, Bank of America, Automotive, Merck —, BMO Capital Markets, Merck

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSam Bankman-Fried testifies that he didn't commit fraud: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Brendan Quigley of Baker Botts reacts to Sam Bankman-Fried's testimony.

Persons: Sam Bankman, Fried, explainers, Brendan Quigley, Baker Botts Organizations: CNBC Crypto, CNBC

☆ Stocks making the biggest moves before the bell: Hasbro, Southwest, Hershey, Royal Caribbean and more
▼ + stars: | 2023-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Hasbro earned $1.64 per share excluding items on $1.5 billion in revenue, while analysts polled by LSEG had anticipated $1.70 per share in earnings and revenue at $1.64 billion. Southwest posted $6.53 billion in revenue, while analysts surveyed by LSEG expected $6.57 billion. Bristol-Myers topped earnings expectations and posted revenue that was in line with expectations. ServiceNow — The software stock rose more than 3% after posting stronger-than-expected quarterly results and sharing solid subscription revenue expectations for the current period. UPS – The shipping company saw shares decline 3% premarket following its third quarter earnings report.

Persons: LSEG, Revlimid, Myers, Overstock.com, Hershey, overshadowing, Mattel —, ServiceNow, it's, Silver Lake, —, Sarah Min, Tanaya Macheel, Samantha Subin, Lisa Kailai Han, David Paul Morris Organizations: Hasbro, Southwest —, Southwest, Myers, Bristol, Overstock.com, FactSet, Royal Caribbean, Mattel, Wednesday, UPS, Endeavor Group Holdings, Endeavor, Holdings, WWE, UFC, Barclays —, Bank of America, Barclays, underperform, Hasbro Inc, Target Corp, Bloomberg, Getty Locations: Bristol, Nextracker, FactSet, Thursday's premarket, Emeryville , California, U.S

☆ Stocks making the biggest moves midday: Merck, Bristol-Myers Squibb, Align Technology and more
▼ + stars: | 2023-10-26 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

UPS — The shipping company saw shares decline 5.9% after releasing its third-quarter earnings report, which showed disappointing revenue. Full-year revenue guidance was also slightly below expectations. Whirlpool — The home appliance company dropped 15.8% on Thursday after Whirlpool issued full year earnings guidance of about $16 per share. Bristol-Myers Squibb — Shares of the drug maker fell 6.2% after the company reported a decline in sales of its popular blood cancer drug, Revlimid, citing generic competition. ServiceNow — The workflow software company jumped 1.6% after posting third-quarter earnings and revenue that beat analyst expectations.

Persons: LSEG, Merck —, Merck, Steven Vondran, Thomas Bartlett, ServiceNow, —, Alex Harring, Yun Li, Lisa Kailai Han, Tanaya, Hakyung Kim Organizations: Bunge —, Comcast, UPS, Hasbro, Whirlpool, Bristol, Myers, Merck, Technology, American Tower Corporation, Flex, IBM —, Wall, CNBC Locations: NBCUniversal, American

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