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Cloudflare Pops 11% On Robust 3Q Sales; Stock Up 240% YTD, , on November 6, 2020 at 7:10 am
Shares of Cloudflare Inc. jumped 10.8% in extended trading after the cybersecurity company reported robust 3Q results and forecast 4Q sales and earnings above consensus estimates.The company’s 3Q revenue of $114.2 million came ahead of the Street estimate of 103.2...
Nasdaq Futures Retreat as Global Rally Fizzles: Markets Wrap, , on November 6, 2020 at 7:08 am
(Bloomberg) -- A global equity rally showed signs of stalling on Friday, with Nasdaq futures unwinding some of this week’s surge amid the ongoing U.S. election count. The dollar edged up from its lowest in more than two years.U.S. and European stock futures retreated,...
Square Tops 3Q Estimates On 174% Jump In Cash App Revenue, , on November 6, 2020 at 7:05 am
Shares of Square rose 3.7% in extended trading on Thursday after the mobile payments company’s 3Q earnings of $0.34 per share increased 36% year-over-year and topped the Street estimate of $0.16. Its revenues of $3.03 billion also crushed the consensus estimate of...
Electronic Arts Skids 7% On Weak Outlook, Declares First-Ever Dividend, , on November 6, 2020 at 7:00 am
Shares of Electronic Arts fell about 7% in Thursday’s extended trading session after the video game company provided a weaker-than-expected revenue outlook for 3Q and fiscal 2021.The company’s 3Q revenue forecast of $1.675 billion came in significantly lower than...
Jack Ma's Ant Group IPO Faces Delay Of Over Six Months: FT, , on November 6, 2020 at 5:03 am
Alibaba Group Holding Limited (NYSE: BABA)-backed Ant Group's initial public offering and dual listing in Hong Kong and Shanghai could be delayed by at least six months, the Financial Times reported Thursday.What Happened: On Tuesday, the listing, which would have...
U.S. Stock Index Futures Decline as Vote Count Remains Tight, , on November 6, 2020 at 4:32 am
(Bloomberg) -- U.S. stock index futures slipped as investors monitored a tight race to determine who will be the next American president.December contracts on the S&P 500 fell 0.6% at 1:25 p.m. in Tokyo. Futures declined 0.4% on the Dow Jones Industrial Average...
Why EV startup Bollinger Motors is focusing on the high-end consumer, , on November 6, 2020 at 3:25 am
Bollinger Motors Founder & CEO Robert Bollinger joins Yahoo Finance's Pras Subramanian to break down the company’s upcoming electric vehicles, the EV space, and whether a SPAC IPO is in the cards., Bollinger Motors Founder & CEO Robert Bollinger joins Yahoo...
Ultra-wealthy turn to trusts to plan for potential tax hikes, , on November 6, 2020 at 3:08 am
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Tesla Now Sells Tequila And It Comes In A $250 Thunderbolt-Shaped Bottle, , on November 6, 2020 at 2:45 am
Tesla Inc (NASDAQ: TSLA) has added Tequila as a merchandise offering on its online store. The electric vehicle maker is taking orders for company-branded Tequila in select states in the United States.What Happened: The Tesla version of distilled ardent spirits comes...
Why Electronic Arts Shares Dropped 7% After-Hours Thursday, , on November 6, 2020 at 2:18 am
Electronic Arts Inc (NASDAQ: EA) shares tanked in the after-hours session Thursday as the company missed analyst estimates for the second quarter of the fiscal year 2021 even as it beat management guidance. EA's decision to start paying quarterly dividend amid weak...
Regeneron hopes U.S. will authorize coronavirus antibody drug soon, , on November 6, 2020 at 2:09 am
Regeneron Pharmaceuticals Inc said U.S. health regulators were doing a careful analysis of its experimental antibody cocktail to treat COVID-19 and that it was hopeful the drug could be authorized for emergency use in the country soon. The treatment, which was given...
Canada's Bombardier faces UK bribery probe over plane sales, , on November 6, 2020 at 2:08 am
"The SFO is investigating Bombardier Inc over suspected bribery and corruption in relation to contracts and/or orders from Garuda Indonesia," the agency said on Thursday. "As this is a live investigation, the SFO can provide no further comment," it added., "The SFO is...
Oil down nearly 2% amid COVID-19, U.S. election concerns, , on November 6, 2020 at 1:05 am
U.S. oil fell nearly 2% on Friday as new lockdowns in Europe to contain the spread of the coronavirus disease raised questions about the outlook for crude demand, while markets remained on edge over the drawn-out vote counting in the U.S. election. West Texas...
Square Sales Surge on Pandemic-Fueled Boom for Cash App, , on November 6, 2020 at 1:00 am
(Bloomberg) -- Square Inc.’s quarterly sales more than doubled, underscoring a surge in demand for Bitcoin trades, stock purchases and other financial transactions by customers cooped up during the global pandemic. The stock rose 5% in after-hours trading.Revenue...
U.S. government looking into Pfizer's operations in China, , on November 6, 2020 at 12:08 am
The Foreign Corrupt Practices Act units of the Justice Department and the U.S. SEC had sought documents relating to its Chinese operations, the company said in its filing, adding that it is producing records pursuant to these requests. In 2012, the drugmaker had...
Husband of former Amazon.com finance manager pleads guilty to insider trading, , on November 5, 2020 at 11:25 pm
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Sports Betting Wins Election Night 3-0, Setting the Stage for DraftKings to Shine, , on November 5, 2020 at 10:59 pm
It has been a volatile ride for investors of DraftKings (DKNG). Since closing at an all-time high of $63.78 on October 2, the share price has dropped by 32%. However, the stock is showing signs of upward movement, as good news is once again taking hold of the...
Carl Icahn boosts Xerox stake to over 14%, , on November 5, 2020 at 10:24 pm
Xerox's shares rose 3.4% in extended trading on the news. Icahn, who last reported a stake of 12.9% in Xerox as of Sept. 9, had also built a sizable stake in HP around the time Xerox reached out to it for a merger. HP Inc rebuffed Xerox's initial offers and Xerox went...
Trevena Stock Is a ‘Buy’ Ahead of Olinvyk Launch, Says Analyst, , on November 5, 2020 at 10:13 pm
Despite the recent pullback, Trevena (TRVN) stock has had an excellent 2020 with shares rocketing 182% year-to-date. According to H.C. Wainwright analyst Douglas Tsao, there’s a lot of fuel left in the tank.Tsao’s confidence is based on the imminent launch of Olinvyk,...
Pembina Pipeline Corporation Declares Common Share Dividend, , on November 5, 2020 at 10:01 pm
CALGARY, AB, Nov. 5, 2020 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for November 2020 of $0., CALGARY, AB, Nov. 5, 2020 /CNW/ - Pembina...
Jack Ma Had It Right About One Thing, , on November 5, 2020 at 10:00 pm
(Bloomberg Opinion) -- Jack Ma was right: You can’t use rules for a railway station to run an airport. Or, regulate a cutting-edge online lending platform like a traditional bank.Chinese authorities effectively took the founder of e-commerce behemoth Alibaba Group...
Pembina Pipeline Corporation Reports Third Quarter Results, , on November 5, 2020 at 10:00 pm
Solid results continue to demonstrate the Company's resilienceAll financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures that are not defined by Generally Accepted Accounting Principles ("GAAP"),...
Endo Reports Third-Quarter 2020 Financial Results And Raises Full Year 2020 Financial Guidance, , on November 5, 2020 at 9:49 pm
DUBLIN, Nov. 5, 2020 /CNW/ -- Endo International plc (NASDAQ: ENDP) today reported financial results for the third-quarter ended September 30, 2020., DUBLIN, Nov. 5, 2020 /CNW/ -- Endo International plc (NASDAQ: ENDP) today reported financial results for the...
Forget Biden Vs. Trump: The Incumbent Is Winning in Stock Market, , on November 5, 2020 at 9:21 pm
(Bloomberg) -- A strange thing happened on the way to the biggest post-election surge in modern stock-market history. On Wednesday, while the S&P 500 was tacking on $600 billion of fresh value, most of its members fell.How the index still managed to gain so much...
What’s Next For VBI Vaccines (VBIV) Stock? Analyst Weighs In, , on November 5, 2020 at 9:15 pm
The race to be first to market with a Covid-19 vaccine is already in advanced stages with several names deep into their candidates’ Phase 3 trials.While several “big pharma” representatives are among the leading pack, the coronavirus has also provided several small...
OpenText Reports First Quarter Fiscal Year 2021 Financial Results, , on November 5, 2020 at 9:01 pm
Record Annual Recurring Revenues (ARR) and Cloud Revenue, Announces 15% Dividend IncreaseWATERLOO, ON, Nov. 5, 2020 /CNW/ --First Quarter HighlightsTotal Revenues(in millions) Annual Recurring Revenues(in millions) Cloud Revenues(in millions) ReportedConstant Currency...
How Trump's legal woes will worsen once he leaves office, , on November 5, 2020 at 8:37 pm
State and local cases against Trump will get a boost. But don't expect a Biden administration to prosecute Trump soon--or ever., State and local cases against Trump will get a boost. But don't expect a Biden administration to prosecute Trump soon--or ever.,
The Day Jack Ma Became Ray Dalio's Nightmare, , on November 5, 2020 at 7:58 pm
(Bloomberg Opinion) -- Nov. 3 was a sad, sad day for China. Not because America’s election changes anything about its hawkish stance toward Beijing — that’s bipartisan — but because China lost a golden investment opportunity by shooting itself in the foot. Looking...
October jobs report preview: Economy likely added 600,000 jobs as unemployment rate fell to 7.6%, , on November 5, 2020 at 7:56 pm
The Department of Labor will release its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET., The Department of Labor will release its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET.,
Shell to Shut Louisiana Refinery After Failing to Find a Buyer, , on November 5, 2020 at 7:54 pm
(Bloomberg) -- Royal Dutch Shell Plc will begin shutting its Convent refinery in south Louisiana mid-month while it continues to seek a buyer for the facility, part of a plan to reduce its global sites and focus on combined oil refining and chemical plants.With global...
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