• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 9
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    Trump Announces First Post-Tariff Trade Deal

    May 8, 2025

    Electric Vehicle Sales Nosedive As GOP Takes Buzzsaw To Biden’s Mandate

    May 7, 2025

    Tyson Foods Announces It Will Bend The Knee To Trump Admin’s New Rules

    May 7, 2025

    Federal Reserve Holds Interest Rates Steady Despite Pressure From Trump

    May 7, 2025

    ‘Wait Them Out’: John Kennedy Tells Larry Kudlow One Lie He Suspects China’s Telling US

    May 7, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Stocks making the biggest moves midday: DKS, M, SCHW
Finance

Stocks making the biggest moves midday: DKS, M, SCHW

August 22, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Stocks making the biggest moves midday: DKS, M, SCHW
Share
Facebook Twitter LinkedIn Pinterest Email

A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014.

Getty Images

Check out the companies making headlines in midday trading.

Dick’s Sporting Goods — The retail stock tumbled nearly 24% after Dick’s reported a rare earnings miss and slashed guidance for the year, due in part to an uptick in store theft. Earnings per share for its fiscal second quarter was $2.82, far short of the $3.81 consensus estimate, per Refinitiv. Revenue was $3.22 billion, versus the $3.24 billion expected.

Macy’s — The department store stock sank 11% after Macy’s reiterated its cautious full-year outlook. Macy’s said it expects adjusted earnings per share between $2.70 and $3.20, adding it sees comparable store sales falling between 6% and 7.5%.

Lowe’s — Lowe’s shares gained 4% after the home improvement retailer topped earnings expectations and reiterated its full-year guidance. The company reported earnings of $4.56 per share, versus the $4.49 expected by analysts surveyed by Refinitiv. Revenue came in at $24.96 billion, shy of the $24.99 billion anticipated.

Charles Schwab — Shares of the brokerage firm slid 3.7% after it said Monday that it plans to cut jobs to save $500 million in costs. Bloomberg also reported the company is looking to raise debt in the bond market.

American Airlines — The airline stock dipped 1.7% after American Airlines’ pilots approved a new labor deal that includes a 21% pay bump.

Baidu — U.S.-listed shares of the Chinese internet company gained more than 4% after Baidu reported stronger-than-expected results for the second quarter, with revenue rising 15% on a year-over-year basis. Baidu attributed artificial intelligence to a boost in online marketing sales growth for the period. 

See also  The bull market in stocks won't last long

Microsoft, Activision — Shares of Microsoft and Activision both rose about 1% after the tech giant submitted a new deal for the takeover of the video game company, offering a spate of concessions after U.K. regulators rejected its initial proposal. Under the restructured deal, Microsoft will not acquire cloud rights for existing Activision PC and console games, or for new games released by Activision over the next 15 years. 

AppLovin — The marketing stock rose 1.5% to a 52-week high following a Jefferies upgrade to buy from hold. Jefferies said the company should continue to win market share and grow its software business. 

Emerson Electric — The engineering company climbed 1.3% after an upgrade to overweight from JPMorgan. Analyst Stephen Tusa highlighted improving earnings visibility after Emerson completed a merger of its software business with AspenTech last year.

Fabrinet — The advanced manufacturing services company surged 27% on the back of its fiscal fourth-quarter results. The company beat both top and bottom lines. Fabrinet CEO Seamus Grady cited strong growth in data communications revenue and new AI products.

Zoom Video — Shares of the video communications platform lost about 2% even after the company posted better-than-expected second-quarter results. Zoom Video also issued a stronger-than-expected earnings per share guidance for the third quarter and full year. The company reported adjusted earnings of $1.34 a share on revenue totaling $1.14 billion.

Madison Square Garden Entertainment — Shares rose 3.6% after Bank of America initiated coverage with a buy rating, calling it an “attractive opportunity” for investors to own a growth-focused and “pure-play” live entertainment stock.

See also  Stocks making the biggest moves premarket: EL, BLMN, PANW

Aramark — The food service stock rose about 2%. UBS upgraded it to buy from a neutral rating, and said Aramark is approaching a margin inflection point.

— CNBC’s Alex Harring, Yun Li, Hakyung Kim, Brian Evans, Michelle Fox and Sarah Min contributed reporting.

Biggest DKS Making midday Moves SCHW Stocks
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘They Came With Their A Game’: Donald Trump, Scott Bessent Reveal Which Country Could Be Close To Making Trade Deal

April 24, 2025

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

April 17, 2025

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

April 17, 2025

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

April 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

‘The Winter King’ Review: King Arthur Drama Falls Flat

August 20, 2023

19 Recent Deep State Surveillance Abuse Revelations

December 21, 2023

Tuba Player Punches Fan Mid-Song, Continues Playing

November 6, 2023

Facebook Censors Karoline Leavitt, Spokeswoman for Trump Supporting PAC ‘MAGA Inc.’

April 13, 2023
Don't Miss

Short and Funny Sayings for a Happy Summer with Friends

Lifestyle May 9, 2025

I love the beach. Just looking at the calming sea to relax. Having fun in…

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025

Top 10 Benefits Of Acupuncture

May 8, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,110)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,627)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

GOP Rep. Lauren Boebert Massively Outraised By Democratic Rival Adam Frisch

April 19, 2023

China drugmakers axe IPO plans as they face scrutiny in anti-graft drive

August 11, 2023

‘We Did Nothing Wrong’: Trump Steams Over ‘Wise Guy Question’ About Georgia Case

August 13, 2023
Popular Posts

Short and Funny Sayings for a Happy Summer with Friends

May 9, 2025

Trump Announces First Post-Tariff Trade Deal

May 8, 2025

100 Funny Father’s Day Quotes for Hilariously Relatable Humor (and Plenty of Love Too)

May 8, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.