EBay, Cal-Maine Foods, AMD, and More
Main points
- U.S. stocks were slightly lower at midday as markets weighed the latest private sector jobs report and awaited a government jobs report later this week.
- eBay shares soared when Meta Platforms’ Facebook allowed online retail sites to post their listings on the social media site.
- Helen of Troy’s beauty and wellness sales fell, dragging down quarterly earnings.
U.S. stocks were slightly lower at midday as markets weighed the latest private sector jobs report and awaited a government jobs report later this week. this Dow Jones Industrial Average, S&P 500 Indexand Nasdaq The decline was less than 1%.
eBay (eBay) was the best-performing stock in the S&P 500 when Meta Platforms (Mehta) allows online sales sites to post their listings on Facebook. Meta Platforms shares fell.
Rising egg prices and Thanksgiving demand help Cal-Maine Foods (calm) beat earnings and revenue estimates, sending shares higher.
Boston Scientific Corporation (BSXShares rose when the medical device maker announced it was acquiring Bolt Medical, maker of laser heart treatment equipment.
OXO Parents Helen of Troy (allThe home and grooming products maker reported lower sales and cut its profit forecast as demand for beauty and wellness products slumps, sending shares lower.
Edison International’s stock (axis) fell as California energy providers were impacted by major wildfires affecting the state.
AMD Semiconductor Corporation (AMDWhen HSBC double downgraded the stock, citing concerns about the chipmaker, the company’s shares plummeted. Artificial Intelligence (AI) GPU growth.
Oil prices fell. Gold prices rise. The yield on the 10-year Treasury note rose slightly. The dollar rose against the euro, pound and yen. Most major cryptocurrencies are trading lower.