Breaking News
Investing Pro 0
Cyber Monday Extended SALE: Up to 60% OFF InvestingPro+ CLAIM OFFER

Alphabet, Nucor, Bristol-Myers Squibb Fall Premarket; Starbucks Rises

Stock Markets Sep 14, 2022 08:09AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters
 
BAC
-2.62%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
MRK
-0.53%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
GOOGL
+0.22%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SBUX
+1.06%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
WMT
+0.33%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
NUE
-0.20%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, September 14th. Please refresh for updates.

  • Alphabet (NASDAQ:GOOGL) stock fell 0.2% after Europe's second-top court upheld an EU antitrust decision against the tech giant’s Google unit, but trimmed the record fine.

  • Starbucks (NASDAQ:SBUX) stock rose 0.8% after the coffee chain projected profits to grow between 15% and 20% per share over the next three years, a significant increase from previous guidance.

  • Nucor (NYSE:NUE) stock fell 6.7% after the steel producer issued disappointing third-quarter earnings guidance, with the company citing "metal margin contraction and reduced shipping volumes."
  • SoFi Technologies (NASDAQ:SOFI) stock rose 3.1% after Bank of America upgraded its stance on the fintech firm to 'buy' from 'neutral', citing increased user growth and engagement.
  • Merck (NYSE:MRK) stock rose 0.1% after Berenberg upgraded its stance on the drug maker to ‘buy’ from ‘hold’, saying it has a lot to offer for investors looking for a low-risk option in the sector.

  • Bristol-Myers Squibb (NYSE:BMY) stock fell 1.2% after Berenberg downgraded its stance on the pharma giant to ‘hold’ from ‘buy’, saying the upside is running out as the stock has gained nearly 14% year to date.

  • Walmart (NYSE:WMT) stock rose 0.8% and Target (NYSE:TGT) stock rose 0.4% after KeyBanc initiated coverage of both retailers with ‘overweight’ ratings, ceiling heir strong competitive positioning.

Alphabet, Nucor, Bristol-Myers Squibb Fall Premarket; Starbucks Rises
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (4)
Lior Arnan
Lior Arnan Sep 14, 2022 9:17AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Spamming!
Kerry Ditto
Kerry Ditto Sep 14, 2022 8:50AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
PPI is as expected. so over-fussing with cpi yesterday was overdone, possibly due to data compiling errors.
Kerry Ditto
Kerry Ditto Sep 14, 2022 8:44AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
amzn is up premarket. it could lead today's rally
Mitchel Pioneer
Mitchel Pioneer Sep 14, 2022 8:31AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Of course, the US Ponzi Scheme can "rally" for days on end without stress, yet a single session loss will be reversed the day after it occurs.  I'm sure savvy "investors" just can't wait to "buy" the most grossly overvalued equities on earth.  Truly, the laughingstock of the investing world.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email