Stocks making the biggest moves premarket: Honest Company, Rivian, Illumina and others

Check out the companies making headlines before the bell: Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures, but expects improvement as the year goes on, including positive adjusted earnings for the fourth quarter. Rivian Automotive (RIVN) – Rivian shares fell 1% in premarket trading after the electric vehicle maker widened its loss estimate for 2022. It also affirmed prior production guidance.…

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5 things to know before the stock market opens Friday

Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Markets looking up U.S. stock futures pointed to a rally Friday morning, a day after the three major indexes posted mixed results. On Thursday, the Dow finished slightly positive, while the S&P 500 and the tech-heavy Nasdaq slipped after another round of inflation data showed that price increases were slowing down somewhat. But one month of data does not make a trend,…

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How do people in Asia-Pacific feel about travel right now? It depends on where they live

For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, according to a new survey commissioned by the travel website Booking.com. Some 11,000 people in the region were polled about their comfort levels and concerns, as well as their willingness to tolerate the types of disruptions that have become common since the pandemic began.  The rankings The survey results were published in Booking.com’s inaugural “Travel Confidence Index,” which ranked the…

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Stocks making the biggest moves midday: Six Flags, Disney, Sonos and more

Customers are socially distanced on rides like the Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kiesnoski/CNBC Check out the companies making headlines in midday trading. Six Flags — Shares dropped more than 22% after the theme park company sharply missed second-quarter earnings expectations. Six Flags reported earnings of 53 cents per share on revenue of $435 million. Analysts surveyed by Refinitiv forecast earnings of $1.01 per share on revenue of $519 million. The theme park operator attributed the miss to weak attendance,…

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Stocks making the biggest moves premarket: Six Flags, Canada Goose, Warby Parker and more

Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its results hit by a 22% drop in attendance, among other factors. Canada Goose (GOOS) – The outerwear maker reported a smaller-than-expected quarterly loss, with revenue exceeding analyst forecasts. Canada Goose is the latest luxury retailer to see its high-end consumers maintain their spending levels. The stock added 2.4% in premarket…

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5 things to know before the stock market opens Thursday

Traders on the floor of the NYSE, Aug. 8, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stock futures are up U.S. markets on Thursday were set to rise again after a government report showing that inflation is cooling fueled a Wednesday rally. All three major indexes are coming off a strong day: The Dow surged more than 500 points, while the S&P 500 hit its highest point since early May, and the Nasdaq landed its highest close since…

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Surge In Demand, Falling Liquidity To Lead To Credit Tightening: Report

The drop in banking system liquidity and the concurrent rise in demand for credit may result into tightening of credit in the financial system, a report said on Wednesday. The liquidity condition is expected to become even more challenging over the coming months, owing to an expected seasonal pick-up in cash-in-circulation caused by the festive season, India Ratings and Research said in a report. In addition, the net Balance of Payment (BoP) could remain in deficit during the same period, which will drain out more liquidity from the banking system, it said. “The ongoing sharp drop…

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Stocks making the biggest moves midday: Coinbase, Roblox, Wendy’s and more

Check out the companies making headlines in midday trading. Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase – Shares of the crypto services operator jumped about 6% despite the company reporting a wider-than-expected loss late Tuesday and a decline in volumes in the most recent quarter. The rally coincided with a move higher in bitcoin after a key inflation reading showed a better-than-expected slowdown in rising prices. Wendy’s – The restaurant chain saw its shares fall more than 2% after…

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Business travel costs are expected to rise through 2023, industry report says

Passengers wait for flights with their luggage at Heathrow airport in London Luke MacGregor | Reuters The cost of business travel, from hotels to airfare, is set to rise through 2023 as demand returns more than two years after the Covid pandemic began, according to an industry report published Wednesday. Business-travel airfare is on track to rise nearly 50% this year over 2021, following two years of steep declines, according to a report from travel management company CWT and the Global Business Travel Association. Next year, fares are set to…

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Do you know what your credit score is? Here’s everything you need to know

It shouldn’t be a surprise that you need to have a good credit score for your overall financial health. But do you actually know what your credit score is, how to figure it out, and why it matters? Watch this video, as CNBC’s Emily Lorsch breaks it all down. Source link

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