Shares of DuPont de Nemours Inc. DD, -1.84% rose 1.9% in premarket trading Tuesday, after the parent of Kevlar, Tyvek and Styrofoam brands reported fourth-quarter profit that beat expectations but revenue that fell a touch shy. The results come about two weeks after the company issued a profit warning for the first quarter, citing additional inventory destocking by customers and continued weak demand in China. For the fourth quarter, the company swung to a net loss of $22 million, or 5 cents a share, from ...

L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company. L’Occitane’s shares 973, +8.46% gained 9.4% to 28.45 Hong Kong dollars in early Asian trade Tuesday, on track for its largest daily percentage gain since last May. Private equity firm Blackstone BX, -2.50% has been conducting preliminary due diligence as it mulls a potential offer for the skincare company, Bloomberg reported, citing people familiar with the matter. Blackstone is al ...

Investors have long grumbled that Tesla Inc. needs a lineup refresh if it’s to keep growing amid slowing demand for EVs. Tesla last month told Wall Street it will likely grow slower this year as it is in between “two major growth waves.” The next-generation car is a key part of that second wave.“Tesla will need to offer an affordable vehicle to expand and continue the rapid growth of their deliveries,” Morningstar analyst Seth Goldstein said in an interview. Tesla “has done very well” in the luxury and ent ...

Shares of Meta Platforms Inc. soared on Friday as the company reported a blowout fourth quarter and introduced a dividend. That raised the question of whether or not Meta can be called a value stock.Investors typically consider value stocks to be those of mature companies that are steady performers, are likely to pay dividends to shareholders and trade at relatively low valuations to the broad market.On Friday, when Meta’s META, -2.96% stock rose 20% after the company announced a 25% increase in revenue and ...

Nvidia Corp.’s rapid growth has Wall Street wondering how long the company can keep up its momentum, but a Goldman Sachs analyst is feeling increasingly upbeat. Goldman’s Toshiya Hari no longer assumes that the company’s data-center revenue will drop off during the second half of this calendar year. Now, he’s modeling “consistent growth” through the first half of calendar year 2025, fueled by numerous drivers. Hari is encouraged that large cloud service providers continue to spend up on artificial-intellige ...

Last month, an NFL playoff game was shown exclusively on a streaming service for the first time, and many football fans were understandably upset. How would they feel if a Super Bowl — arguably the largest one-day sporting event in the world — was only available on a streaming service in the near future?With the apparent success of that streamed playoff game for Peacock, and the increasingly fractured nature of NFL broadcast rights – regular season games now appear on at least 10 different networks and plat ...

McDonald’s Corp.’s stock MCD, -0.35% was up by 0.8% in premarket trading Monday after the fast-food giant reported a fatter profit for the three months ended Dec. 31. McDonald’s said its fourth-quarter net income rose by 7% to $2.04 billion, or $2.80 a share, from $1.9 billion, or $2.59 a share, in the year-ago quarter. McDonald’s said the latest quarter’s results included 15 cents a share in one-time charges. Breaking those charges out, McDonald’s would have earned $1.95 a share. Analysts expected McDonal ...

Early futures trading suggests Wall Street will start the week on a cautious note with the S&P 500 consolidating after closing the previous session at yet another record, powered by big tech.Can this dynamic continue? For David Kostin, chief U.S. equity strategist at Goldman Sachs, the answer depends primarily on the ability of the Magnificent 7 — Alphabet GOOG, +0.58%, Amazon.com AMZN, +7.87%, Apple AAPL, -0.54%, Meta Platforms META, +20.32%, Microsoft MSFT, +1.84%, Nvidia NVDA, +4.97% and Tesla TSLA, -0.5 ...

Shares of Caterpillar Inc. CAT, +2.41% climbed 3.2 into record territory in premarket trading Monday, after the maker of construction and mining equipment reported fourth-quarter profit that rose well above forecasts, with particular strength in its energy and transportation business. Net income jumped to $2.68 billion, or $5.28 a share, from $1.45 billion, or $2.79 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $5.23 beat the FactSet consensus of $4.76. Reven ...

Boeing shares were under pressure on Monday after the troubled aerospace firm said it plans to spend several days fixing mis-drilled holes on 50 undelivered 737 planes. In a memo sent out to employees on Sunday, Boeing Commercial Airplanes CEO Stan Deal said the company plans to dedicate several days at its 737 factory in Renton, Washington to carrying out inspections and reworking fuselages supplied to it by Spirit AeroSystems. Shares in Boeing BA, -0.20% fell more than 2% in premarket trading on Monday. T ...