This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Chewy, Oracle, Broadcom, Moderna, Nubank: What to Watch in the Stock Market Today
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Chewy, Oracle, Broadcom, Moderna, Nubank: What to Watch in the Stock Market Today
Markets

Chewy, Oracle, Broadcom, Moderna, Nubank: What to Watch in the Stock Market Today

Editorial Board Published December 10, 2021
Share
Chewy, Oracle, Broadcom, Moderna, Nubank: What to Watch in the Stock Market Today
SHARE
By

James Willhite

Updated Dec. 10, 2021 9:43 am ET

Wall Street stock indexes swung higher after fresh data showed that U.S. inflation hit a 39-year high of 6.8% last month. Here’s what we’re watching in Friday’s trading action:

  • Database giant Oracle reported second-quarter results that beat estimates.
  • Moderna said its flu vaccine candidate had shown positive interim results in a phase 1 study. The stock lost 39% over the past three months through Thursday, but was up 161% in 2021.
  • Nu Holdings, also known as Nubank, rose in early trading. The Brazilian banking company went public on the New York Stock Exchange on Thursday, and ended the day up 15%.

David Vélez, founder and CEO of Brazilian fintech startup Nubank, took a selfie on the company’s first trade during the IPO at the New York Stock Exchange on Thursday.

Photo: BRENDAN MCDERMID/REUTERS

  • SEC filings showed that both the chairman of AMC Entertainment and its finance chief sold some of their holdings this week, adding to the list of corporate insiders at several companies that are selling stock at historic levels.
  • Camping and outdoor equipment maker American Outdoor Brands reported a drop in net income during the recent quarter.
  • Chip and software company Broadcom’s earnings beat forecasts and it set a share-repurchase plan and raised its dividend.
  • Online pet-products supplier Chewy reported a 24% jump in quarterly sales, but still registered a net loss.
  • Peloton Interactive shares edged down in morning trading. Credit Suisse cut its price target for the stock to $50 a share from $112.
  • Ski resort operator Vail Resorts reported a smaller loss for the recent quarter.
  • Lululemon Athletica reported an earnings beat and lifted its forecasts for the year.
  • Event-management software company Cvent on Thursday began trading on Nasdaq following a digital makeover aimed at retooling the 22-year-old firm for the age of video conferences and virtual meetings.
  • Warehouse retailer Costco said sales rose in the most recent quarter, as it navigates rising costs and shipping snarls that mean some toys will reach its stores after Christmas.
Chart of the Day
  • The yuan has soared to multiyear highs against the dollar and other major currencies, reflecting strong demand for China’s exports and its financial assets, and prompting some pushback from the country’s central bank.

Write to James Willhite at [email protected]

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Andrea Orcel Wins Case Against Santander Andrea Orcel Wins Case Against Santander
Next Article 2 stars of ‘It’s a Wonderful Life’ look back at a classic 2 stars of ‘It’s a Wonderful Life’ look back at a classic

Editor's Pick

Opinion: Kicking children off Head Begin to punish mother and father is merciless, short-sighted

Opinion: Kicking children off Head Begin to punish mother and father is merciless, short-sighted

As President Donald Trump’s deputy assistant secretary for early childhood growth and director of the Workplace of Head Begin throughout…

By Editorial Board 6 Min Read
Males’s Pure Skincare Is Booming — Right here’s Why Horace Is on the Heart of It | Fashion
Males’s Pure Skincare Is Booming — Right here’s Why Horace Is on the Heart of It | Fashion

We independently consider all advisable services. Any services or products put ahead…

22 Min Read
Vivobarefoot’s Sensus Footwear Are Like Gloves for Your Ft
Vivobarefoot’s Sensus Footwear Are Like Gloves for Your Ft

Love them or hate them, barefoot footwear are polarizing. However they're turning…

5 Min Read

Oponion

Billionaire Ray Dalio warns of ‘huge, painful disruptions’ after Congress passes Trump’s spending invoice

Billionaire Ray Dalio warns of ‘huge, painful disruptions’ after Congress passes Trump’s spending invoice

Bridgewater Associates founder Ray Dalio discusses response to the U.S.…

July 6, 2025

SEC Eases Path for Shareholder Plans on Environmental, Social Issues

WASHINGTON—The Securities and Exchange Commission reversed…

November 3, 2021

Congress high brass raps state unit for Bengaluru stampede | India Information

DCM Shivakumar and CM Siddaramaiah NEW…

June 10, 2025

EasyJet Flight Compelled To Make Emergency Touchdown After Pilot Collapses Mid-Flight

An EasyJet flight certain for Manchester…

February 10, 2025

Harriette Cole: I believe I made a giant mistake. My baby gained’t put down her iPad.

DEAR HARRIETTE: I worry that I…

October 23, 2024

You Might Also Like

White Home says Apple to announce 0B US funding dedication for manufacturing
Markets

White Home says Apple to announce $100B US funding dedication for manufacturing

CFRA Senior Vice President Angelo Zino shares his optimistic outlook on the A.I. funding market and extra on Making Cash.…

2 Min Read
Markets now betting Fed will minimize charges in September after disappointing jobs report
Markets

Markets now betting Fed will minimize charges in September after disappointing jobs report

Morgan Stanley Wealth administration CIO Lisa Shalett joins ‘Barrons Roundtable’ to research the present market outlook for traders after the…

3 Min Read
ETF buyers take ‘man of steel’ view, inflows on tempo for file 12 months
Markets

ETF buyers take ‘man of steel’ view, inflows on tempo for file 12 months

Vertiv CEO Giordano Albertazzi discusses AI energy firms on 'The Claman Countdown.' Regardless of the whiplash of President Donald Trump’s…

4 Min Read
Tesla grants Musk large pay deal to maintain CEO on board amid authorized battle
Markets

Tesla grants Musk large pay deal to maintain CEO on board amid authorized battle

William Blair power and energy applied sciences group head Jed Dorsheimer discusses what to look out for after the Tesla…

4 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?