The automotive industry’s earnings and forecasts are being closely watched by Wall Street for any signs of weakening consumer demand.
These are the stocks posting the largest moves in after-hour trading.
Intel CEO Pat Gelsinger will take a 25% base pay cut days after the company reported weak earnings, with executives down the line facing pay cuts as well.
Peloton beat Wall Street’s revenue expectations but saw a 52% drop in connected fitness sales during its holiday quarter.
Unemployment benefits aren’t reaching people in a timely manner despite a low volume of claims. The system is still recovering from the initial pandemic shock.
Intel shares fell Friday, after the company reported horrid quarterly and full-year results, off slackening chip demand.
Evusheld was a key antibody treatment taken by people with weak immune systems as an added layer of protection.
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}
){kind=link}