Markets

Stocks making the biggest moves after the bell: Toll Brothers, AeroVironment, Levi Strauss & more

[ad_1] Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell on Tuesday: Toll Brothers – The home construction company’s shares climbed 2.4% after Toll Brothers hiked its quarterly dividend by 54% to 68 cents …

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‘Gamification’ of online stock trading is not a problem, GOP senator says before GameStop hearing

[ad_1] Sen. Pat Toomey told CNBC on Tuesday he welcomes stock trading apps that make investing seem more approachable, rejecting complaints by some that brokerages like Robinhood have led to the so-called gamification of the equity market. The Pennsylvania Republican made the comments on “Squawk Box” ahead of Tuesday morning’s Senate Banking Committee hearing on retail …

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Malaysian glove makers are ‘too cheap to ignore’ after recent fall in share price, analyst says

[ad_1] SINGAPORE — The recent plunge in share prices of Malaysian rubber gloves makers is “unjustified,” said an analyst who’s predicting further upside for the stocks. Shares of Top Glove, the world’s largest rubber gloves producer, have fallen 17.7% this year as of Monday’s close. Its smaller peers Hartalega, Supermax and Kossan have dropped between …

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Budget airline Frontier Airlines files for an IPO … again

[ad_1] Frontier Airlines planes stand at gates on the A Concourse at Denver International Airport in Denver. David Zalubowski | AP Frontier Airlines filed for an IPO on Monday, a second attempt to go public that comes as the industry positions itself for a rebound from the Covid-19 pandemic. The airline is currently owned by …

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SpaceX wants to connect its Starlink satellite internet network to moving vehicles

[ad_1] A Starlink user terminal being set up. SpaceX SpaceX wants to begin connecting large vehicles – from trucks to jets to ships – to its Starlink satellite internet network, according to a request the company filed with the Federal Communications Commission. “This application would serve the public interest by authorizing a new class of …

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Elon Musk wants to connect RVs and trucks to the internet through SpaceX’s Starlink satellites

[ad_1] Tesla Chairman and CEO Elon Musk unveils the new ‘Semi’ electric Truck to buyers and journalists on November 16, 2017 in Hawthorne, California, near Los Angeles. Veronique Dupont | AFP | Getty Images SpaceX is working on an antenna that will connect vehicles like semi-trucks and RVs to its satellite internet network, CEO Elon …

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Stocks making the biggest moves after the bell: Zoom Video, Stitch Fix, Invitae & more

[ad_1] Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Check out the companies making headlines after the bell on Monday: Zoom Video – Zoom stock fell 1.3% after The Wall Street Journal reported that founder Eric Yuan transferred roughly 40% …

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Stitch Fix swings to a quarterly loss and softens outlook on shipping delays; shares plunge

[ad_1] Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Stitch Fix on Monday reported a narrower-than-expected loss for its latest quarter, but the company missed analysts’ expectations for revenue and outlook as shipping delays and lower customer spend ate into sales. The stock plunged 23% in extended trading. The subscription service lowered its …

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GameStop shares jump after retailer taps Chewy co-founder Ryan Cohen to lead e-commerce shift

[ad_1] A man talks by his phone in front of GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Shares of GameStop jumped 11% in premarket trading after the company announced Monday that it has tapped Chewy co-founder Ryan Cohen to lead its shift to …

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