Stocks making the biggest moves midday: Chevron, Tesla, Seagate Technology, United Rentals and more

Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 cents per share on $1.83 billion in revenue, according to Refinitiv. Chevron – Shares of the energy giant popped 4% a day after the company announced a $75 billion buyback and said…

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Jim Cramer picks his standout stocks in 4 bull market industries

CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way through earnings season, we can start identifying the winners and losers,” he said, adding, “We have some legitimate, sizable bull markets going on here, and they show no signs of letting up. And I want you in them.” Cramer also highlighted the companies that reported solid quarters and have stocks that could be buys.  Here are the four industries with bull…

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Stocks making the biggest moves midday: Sunrun, U.S. Bancorp, Alphabet, AT&T and more

Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Corp, Fox — News Corp rallied 5.4%, while Fox news gained more than 2%, after Rupert Murdoch called off plans to merge the two companies. AT&T — The telecommunications giant rallied 5.4% after reporting more wireless subscribers than expected for the fourth quarter. Boeing— The air carrier fell slightly after reporting a loss for the fourth…

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AT&T shares jump as subscriber growth tops analyst expectations

A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC AT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall Street’s estimates, shrugging off its rivals’ lower pricing strategies. The U.S. phone service provider added 217 million total subscribers across all of its divisions for the fourth quarter, beating StreetAccount estimates of 215 million. New phone subscribers specifically, however, missed analyst expectations, coming in at 656,000 net adds, versus an estimate of 678,400, according to StreetAccount. Shares of AT&T…

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5 things to know before the stock market opens Wednesday

People walk past the New York Stock Exchange (NYSE) on Wall Street on July 12, 2022 in New York City. Angela Weiss | AFP | Getty Images Here are the most important news items that investors need to start their trading day: 1. A lot more earnings to go Markets have kept their heads above water so far this month, even as economic data point to a potential recession and corporate earnings have been mixed, at best. On the latter point, more than 70 companies listed on the S&P 500…

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5 things to know before the stock market opens Monday

Traders work on the floor of the New York Stock Exchange.  NYSE Here are the most important news items that investors need to start their trading day: 1. Hanging on The three major stock indices are still in positive territory this month despite last week’s choppy results. Stocks closed Friday on a high note, with the Nasdaq pulling out a gain for the week, even as the Dow and S&P 500 slid. Investors will parse through a big slate of earnings this week (more on this below) as they look…

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Cramer’s lightning round: I like Juniper Networks

AT&T Inc: “It’s not as bad as it used to be.” Plug Power Inc: “[CEO] Andy Marsh has promised us profitably for a very long time. … My bountiful patience is beginning to get tried.” Devon Energy Corp: “Keep buying.” Disclaimer: Cramer’s Charitable Trust owns shares of Devon Energy. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter. Source link

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DirecTV lays off staffers as cord-cutting accelerates

A DirecTV technician at an apartment building in Lynwood, Calif. Patrick T. Fallon | Bloomberg | Getty Images DirecTV is laying off staff — roughly 10% of its upper ranks — as the company looks to reduce costs amid the heightened pain of cord-cutting for pay-TV providers, according to people familiar with the matter. Most of the job cuts will be at the manager level, the people said, citing an email to employees sent on Friday. Managers make up about half of DirecTV’s fewer than 10,000 employees, one of the…

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Cramer’s lightning round: I like WESCO very much

ADMA Biologics Inc: “It’s a great spec, but it is losing money hand over fist. I think it’s very binary. I can not like binary situations.” AT&T Inc: “T-Mobile is the class of the field. AT&T, all I can say is, it’s not as bad as it used to [be].” Array Technologies Inc: “If they make the money that they’re supposed to make this year, then I think you’ll be in very good shape.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to…

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Cox launches mobile business, joining Comcast, Charter, Altice

In this photo illustration, the Cox Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Cox Communications is ringing in the new year with the official launch of its mobile business.  The privately held cable and internet operator plans to announce the national launch of Cox Mobile Thursday at the Consumer Electronics Show in Las Vegas.  Cox has trailed peers like Comcast, Charter Communications and Altice USA, which started offering mobile service to their customers in recent years and have been…

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