Market Insider

Small investors outsmarted the smart money, and the war between the Reddit traders and hedge funds seems to have made an indelible mark on Wall Street. Big investors or hedge funds, who hold short positions in individual stocks, saw some of these positions come under siege from a large cohort of small investors, many of

Traders work on the floor of the New York Stock Exchange. NYSE Earnings news from Amazon and Alphabet, the important January jobs report and Washington’s discussion of stimulus could all be important to markets in the week ahead, but none of it is likely to get more attention than the short squeezes driven by retail

Daniel Acker | Bloomberg | Getty Images These stocks are making some of the largest moves in midday trading: Mondelez International — Mondelez, which owns snack brands including Oreo and Ritz, dipped 2% despite reporting better-than-expected earnings. Modelez earned 67 cents per share, topping estimates by one cent, according to Refinitiv. Revenue came in at

Visa and Mastercard credit cards. Getty Images Check out the companies making headlines after the bell: Visa — Shares of the payments giant rose 1% in extended trading on Thursday after beating on the top and bottom lines of its quarterly results. Visa reported earnings per share of $1.42 on revenue of $5.69 billion. Wall

Take a look at some of the biggest movers in the premarket: American Airlines (AAL) – American’s stock is surging more than 60% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an

A worker wearing a protective face mask operates a forklift to move boxes of face shields ready for shipment at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, April 29, 2020. Adam Glanzman | Bloomberg | Getty Images The economy continued to chug along in the fourth quarter, boosted by a surge in business

Scott Mlyn | CNBC Check out the companies making headlines in midday trading. GameStop — The gaming retailer’s shares continued their rally, as the stock price more than doubled to surpass $360, up 140%. Retail investors have been driving the share price higher, pushing back against short sellers. Melvin Capital, which was short GameStop, closed out

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company’s annual shareholders meeting in Bellevue, Washington, on Nov. 29, 2017. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell: Microsoft — Shares of the software giant popped more than 5% in after-hours trading after the company

A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares rose nearly 4% after General Electric’s industrial free cash flow came in better than expected for the

A visitor in front of the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan New York, May 19, 2020. Timothy A. Clary | AFP | Getty Images Speculative trading in some high momentum stocks and options could be signaling a near-term top, but the bull market is likely to run on

Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop shares surged 40% in premarket trading, continuing its meteoric recent rise. The video game retailer’s stock is worth about 3-1/2 times more than it was when 2021 began, amid a battle between GameStop enthusiasts and short sellers. GameStop is

U.S. President-elect Joe Biden speaks about his plan to administer coronavirus disease (COVID-19) vaccines to the U.S. population during a news conference at Biden’s transition headquarters in Wilmington, Delaware, January 15, 2021. Kevin Lamarque | Reuters The Biden agenda is expected to result in a faster-growing economy, a stronger stock market and higher interest rates

Take a look at some of the biggest movers in the premarket: Morgan Stanley (MS) – Morgan Stanley earnings and revenue beat estimates for the fourth quarter. Results were helped in part by strong growth in investment banking and trading revenues. The company’s shares rose 2.5% in premarket trading as of 7:40 a.m. ET. UnitedHealth

Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange Cyclical stocks that do well in a stronger economy are widely expected to lead the market higher this year, but don’t count out big tech stocks altogether — they may provide shelter in any market storm. When the major stocks indices

IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Ford — Shares of the U.S. automaker dipped about 1%, retreating from an all-time high hit in the previous session. The stock jumped 6.2% Thursday following positive comments from

Traders work on the floor of the NYSE. NYSE Stimulus euphoria may be waning, but investors will have plenty to focus on in the week ahead, as a blast of earnings news hits, the Federal Reserve meets and new data will show the state of the economy at the end of the year. Stocks gained

Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM reported quarterly profit of $2.07 per share, beating the $1.79 a share consensus estimate. Revenue missed Wall Street forecasts, however, as software sales posted a decline as pandemic-induced uncertainty kept some customers from striking long-term deals. The shares dropped

Pedestrians walk in front of the IBM building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: IBM — Shares of IBM fell more than 6% in the extended session after the company reported fourth-quarter sales below where analysts were expecting. Revenue fell 6% on an annualized basis, the

Take a look at some of the biggest movers in the premarket: Travelers (TRV) – The insurance company reported quarterly earnings of $4.91 per share, well above the consensus estimate of $3.18 a share. Revenue matched Street forecasts. Travelers benefited from lower catastrophe claims, a record 8.4% jump in renewal premiums, and strong underwriting results.

United Airlines Boeing 787-9 Dreamliner landing in London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images Check out the companies making headlines after the bell: United Airlines — Shares of the airline dipped more than 2% in extended trading on Wednesday after missing on the top and bottom lines of

The Netflix logo is shown in this illustration photograph in Encinitas, California. Mike Blake | Reuters Check out the companies making headlines in midday trading.  Netflix — Shares of the streaming giant popped 14% after the company’s fourth quarter report beat Wall Street expectations for revenue and subscribers, which topped 200 million. Netflix also said

A picture of a woman starting Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines after the bell:  Netflix — Shares of the media streaming giant soared more than 10% in extended trading after the company reported strong subscriber growth and said it’s considering

Take a look at some of the biggest movers in the premarket: Goldman Sachs (GS) – Goldman earned $12.08 per share for the fourth quarter, well above the consensus estimate of $7.47 a share. Revenue also came in above analysts’ forecasts, helped by strong bond trading and underwriting performances. Goldman shares rose 2% in premarket

Check out the companies making headlines in after hours trading. Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at the end of the month.

An exterior view of Party City store, who are closing their doors on July 08, 2020 in Pembroke Pines, Florida. Johnny Louis | Getty Images Check out the companies making headlines in midday trading.  Intel — Shares of the chipmaker popped more than 8% after CNBC’s David Faber reported that CEO Bob Swan would step

Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing giant popped nearly 2% after an analyst at Bernstein named the stock a top pick for 2021. The analyst said his call was based on the growth in Zoom’s Phone business. Exxon — The oil giant slid more

U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, January 8, 2021. Kevin Lamarque | Reuters President-elect Joe Biden moves into the White House in the coming week with the biggest stock market tailwind since a presidential Election Day going back to at

Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the

Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop is jumping once again in premarket trading after surging the past three days in what some analysts are calling a short squeeze. The video game retailer’s stock was up more than 57% in Wednesday’s session alone. The stock is

U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S., January 8, 2021. Kevin Lemarque | Reuters Joe Biden’s inauguration next week is expected to usher in a more traditional and normal presidency, and the stock market could continue to climb, but perhaps