Some of the names on the move ahead of the open.
div > div.group > p:first-child"> Facebook — Facebook announced the departure of Chief Product Officer Chris Cox and WhatsApp division head Chris Daniels. Cox said a shift in Facebook's focus would benefit from new leadership, although he did not explicitly mention CEO Mark Zuckerberg's move to emphasize private messaging.
Adobe Systems — Adobe beat estimates by 9 cents a share, with adjusted quarterly earnings of $1.71 per share. The software provider's revenue also topped the Street, however Adobe issued lower-than-expected current-quarter guidance. Netflix — BMO Capital moved Netflix to"top pick," replacing Amazon, based on increased regulatory risk for Amazon and virtually none for Netflix.
Jabil — Jabil came in 3 cents a share above estimates, with adjusted quarterly profit of 64 cents per share. The electronics manufacturer's revenue was essentially in line with expectations. Apple — Apple responded to Spotify Technology's European Union complaint that it unfairly limits rivals to its own streaming music service, Apple Music. Apple said it had approved nearly 200 updates to Spotify's app, and only requested changes when Spotify tried to sidestep platform rules.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Boeing, Tesla, General Electric, Facebook & moreSome of the names on the move ahead of the open.
Read more »
Stocks making the biggest moves in the premarket: Boeing, Microsoft, Tesla, Amazon & more
Read more »
Stocks making the biggest moves after hours: Ulta Beauty, Broadcom, Facebook and moreSee which stocks are posting big moves after the bell on March 14.
Read more »
Stocks making the biggest moves midday: General Electric, Facebook, Apple, Tailored Brands & moreCheck out the companies making headlines midday Thursday.
Read more »
Stocks making the biggest moves premarket: Boeing, Apple, Nvidia, Facebook & moreSome of the names on the move ahead of the open.
Read more »
How Big Tech Has Powered Global StocksProfits at Facebook, Alibaba and others are driving a fresh rally in technology shares, helping boost stock markets and showing the allure of rapidly growing companies even as the global growth outlook dims
Read more »
Stocks making the biggest moves after hours: MongoDB, Tailored Brands and moreSee which stocks are posting big moves after the bell on March 13.
Read more »
Norway’s Sovereign-Wealth Fund Moves Toward Divesting From Oil, Gas StocksNorway’s $1 trillion sovereign-wealth fund took a major step toward selling off some of its substantial holdings in oil-and-gas companies, a move to shield the oil-rich nation from the risk of permanently lower crude prices.
Read more »
Stocks making the biggest moves after hours: Switch, Clearwater Paper and moreSee which stocks are posting big moves after the bell on March 12.
Read more »
Stocks making the biggest moves premarket: Boeing, Express, Spotify, Goldman Sachs & moreSome of the names on the move ahead of the open.
Read more »