Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Apple, Coinbase Rise Premarket; Oracle Falls

Published 09/14/2021, 08:06 AM
Updated 09/14/2021, 08:07 AM
© Reuters.

© Reuters.

By Peter Nurse 

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

  • Apple (NASDAQ:AAPL) stock rose 0.2% with the world’s largest company expected to announce new versions of the iPhone, the Apple Watch and Airpods later Tuesday, in what will be its biggest launch event of the year.

  • Oracle (NYSE:ORCL) stock fell 3% as the software company’s first-quarter revenue came in below estimates, with its Cloud license and on-premise license business hit particularly hard. The company also said this quarter's revenue would only be up around 1% on a year ago.

  • Amazon (NASDAQ:AMZN) stock fell 0.1% after the world’s largest online retailer announced plans to hire more than 125,000 warehouse and transportation workers in the United States, hiking its average starting wage to $18 per hour, up by around $1 per hour. 

  • General Motors (NYSE:GM) stock fell 0.2% following the auto giant’s venture capital arm announcing it has invested millions of dollars in Oculii, a U.S. startup maker of software for radar sensors used in self-driving cars.

  • Herbalife (NYSE:HLF) stock fell 9% after the maker of dietary products cut its outlook, weighed by lower than expected levels of activity by its independent distributors.

  • Intuit (NASDAQ:INTU) stock rose 0.5% after the financial software company announced the acquisition of email marketing firm Mailchimp for $12 billion.

  • Coinbase (NASDAQ:COIN) stock rose 1.4% following investment bank Piper Sandler reiterating its stance at ‘overweight’, saying investors should buy the dip in the cryptocurrency exchange operator. 

  • Wynn Resorts (NASDAQ:WYNN) stock fell 7.9% after Macau announced plans to increase the government supervision of its casinos, signalling tighter control over the world’s largest gambling hub. 

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.