Why It's Moving

Why It's Moving Recent News

Weed Stocks Rally After Biden Makes Marijuana Reclassification Announcement
Shares of marijuana growers and related companies are trading higher Thursday after President Biden announced that the Department of Justice has moved to reclassify marijuana from a Schedule I substance to a Schedule III. 
Alibaba Shares Bounce Back Thursday: What's Going On?
Alibaba saw a rise in its shares Thursday afternoon after experiencing a decline on Tuesday following the release of its quarterly earnings report. Thursday's positive movement may be partly due to an X post from Citron Research.
What's Going On With ChargePoint Holdings Stock Today?
ChargePoint announced its support for the Megawatt Charging System (MCS), the latest addition to ChargePoint's leading DC fast charging lineup. The company said the system is expected to be capable of providing enough energy to power approximately 1,000 homes.
What's Going On With Bitcoin Mining Stock Bit Digital Thursday?
Bit Digital Inc (NASDAQ:BTBT) shares are rising Thursday on the heels of the Bitcoin (CRYPTO: BTC) mining company’s first-quarter financial results.
Warren Buffett's Berkshire Hathaway Reveals 'Mystery Stock' Holdings
Berkshire obtained permission from the U.S. Securities and Exchange Commission (SEC) to keep one or more purchases confidential in the third and fourth quarter of last year, presumably to keep the share price from running higher as the purchases were made. Chubb was revealed as the firm's confidential purchase in Tuesday's 13F filing. 
What's Going On With Plug Power Stock?
Plug announced the signing of a Basic Engineering and Design Package (BEDP) with Allied Green Ammonia for a three-gigawatt (GW) electrolyzer plant supplying hydrogen to AGA's planned ammonia facility proposed for the Northern Territory of Australia.
What's Going On With Faraday Future Intelligent Electric Stock?
Faraday Future shares opened for trading Monday at 4 cents per share, and the stock has climbed more than 3000% in the last 4 sessions.  Faraday Future appears to have benefited from the recent "meme stock" rally which saw heavily-shorted stocks gaining amid a retail-fueled rally in GameStop and AMC Entertainment shares.
What's Going On With Bitcoin-Miner Iris Energy Stock After Earnings?
Iris Energy Limited (NASDAQ:IREN) shares are trading higher Thursday after the company posted better-than-expected third-quarter financial results.
Tale Of Two Ionis-Partnered Neurology-Focused Early Stage Assets-Biogen Discontinues One, Decides Not To Exercise Licensing Option For Another
Ionis Pharmaceuticals and Biogen have halted development of BIIB105 for ALS after Phase 1/2 study results showed no impact on key clinical outcomes.
Boeing Stock Is Taking Off Thursday: What's Going On?
Boeing shares appear to be getting a lift Thursday after the Federal Aviation Administration lifted its operational freeze on United Airlines, allowing the company to add new planes and routes.
What's Going On With Cisco Systems Stock?
Cisco shares initially traded higher before turning negative Thursday on the heels of the company's fiscal third-quarter earnings. Cisco reported financial results for the third quarter after the market close on Wednesday, including $12.7 billion in revenue, down 13% year-over-year.
Palo Alto Networks Stock Is Getting A Lift From IBM Thursday: What's Going On?
Palo Alto and IBM announced the broad-reaching partnership that aims to help address increasingly sophisticated threats and evolving attack surfaces by offering a comprehensive security platform underpinned by AI. 
What's Going On With Target Stock Today?
Walmart shares jumped more than 6% Thursday morning on the heels of the company's first-quarter financial results. The strength in Walmart shares Thursday morning is spilling into Target stock. Target is due to report its first-quarter financial results before the market open on May 22.
AST SpaceMobile Stock Is Soaring Thursday: What's Going On?
AST SpaceMobile has entered into a definitive commercial agreement with AT&T to provide a space-based broadband network direct to everyday cell phones. The two companies were previously working together under a Memorandum of Understanding. The new agreement extends the collaboration until 2030.
Why Is Winter Clothing Maker Canada Goose's Stock Soaring Today?
Canada Goose Holdings Inc shares are rising after the company reported strong Q4 FY24 earnings. Sales grew 22% Y/Y to C$358 million, beating estimates. DTC revenue increased 19%, while gross profit rose 22% to C$233 million. Adjusted EPS of C$0.19 surpassed expectations. Inventory dropped 6% Y/Y, and the company opened three new stores, totaling 68 by fiscal year-end.
Deere Reports Mixed Q2 Results, Slashes 2024 Net Income Outlook
Deere reported lower sales and revenue, with declining demand in agriculture and construction sectors. Net income outlook lowered.
Why Is Sportswear Company Under Armour Stock Tanking Today?
Under Armour shares are plunging following the company's gloomy guidance. In Q4 FY24, sales declined 4.9% to $1.33 billion, meeting estimates. Wholesale revenue dropped 7%, and direct-to-consumer revenue remained flat. Despite a gross margin expansion of 170 basis points to 45%, the company reported an operating loss of $3.5 million. FY25 revenue is projected to decline at a low-double-digit percentage rate.
Baidu's Q1 Earnings: Revenue and EPS Beat, CEO Highlights Gen-AI's Role in Transforming Everyday Life
Baidu's Q1 2024 revenue growth beat analyst estimates, driven by AI Cloud business. Adjusted earnings per ADS also surpassed expectations.
Walmart's Q1 Earnings: Revenue and EPS Beat, More Members And High-Income Households, Raised Outlook
Walmart shares surge as Q1 2025 results surpass expectations with a 6% revenue increase to $161.51 billion and adjusted EPS of $0.60.
JD.com's Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More
JD.com reported Q1 2024 results, with revenue of $36.02B beating expectations and adjusted net income per ADS of $0.78. Stock gained after results.
Jim Cramer Greets GameStop Sellers As Stock Nosedives Over 16% In Premarket Hours: 'Top Of The Mornin' Fellas!'
Jim Cramer greeted GameStock sellers for an early start on Thursday, after premarket data showed the meme stock was down by over 16%.
Bitcoin Mining Stock Bit Digital Jumps On Q1 Earnings: What You Need To Know
Shares of Bitcoin (CRYPTO: BTC) miner Bit Digital Inc (NASDAQ:BTBT) are moving higher in Wednesday’s after-hours session after the company reported better-than-expected
Chubb Stock Climbs After Berkshire Hathaway Purchases Shares
Chubb shares are trading higher after the bell Wednesday after an SEC filing showed Berkshire Hathaway purchased shares of the stock. Chubb is one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance and life insurance.