Marketwatch, stocks, bonds and more!
U.S. stocks were mixed around midday Wednesday, with the Dow slightly lower, after data showed retail sales jumped 3% in January.
The sign of economic strength could influence the Federal Reserve’s thinking on future interest-rate moves.
The major U.S. stock indexes opened lower, S&P 500 dropped 0.1%, according to FactSet
Tweet on trending stocks
Marketwatch
Airbnb: Shares jumped more than 9% in premarket
Tripadvisor: Shares rose more than 9%
Barclays: Shares fell more than 10% in London
Devon Energy: stock fell 6.6% premarket
TSMC stock fell 6% premarket
Louisiana-Pacific shares rose 2.8% premarket#trending #Stock pic.twitter.com/Z8HT3TQfT4— The_Journalbiz (@the_journalbiz) February 15, 2023
Factset chart on trending stocks
The Nasdaq Composite rose 0.3, while trending stocks today are:
Airbnb: The short-term home-rental company recorded its first-ever annual profit last year, boosted by a rise in cross-border travel. Shares jumped more than 9% in premarket trading.
Tripadvisor: The online travel site posted a surge in revenue in its latest quarter as it also benefited from the post-pandemic travel rebound. Shares rose more than 9% before the bell.
Barclays: The British bank reported a 4% drop in net profit for the fourth quarter as deal-making declined. Shares fell more than 10% in London.
Devon Energy: The energy company’s fourth-quarter profit declined, and adjusted earnings per share fell short of consensus forecasts. Devon stock fell about 6.6% premarket.
Taiwan Semiconductor Manufacturing: A filing Tuesday showed Warren Buffett’s Berkshire Hathaway cut its position in the chip maker. TSMC’s U.S.-listed stock fell 6% premarket.
Berkshire Hathaway added to its positions in the companies in the final three months of last year. Louisiana-Pacific shares rose 2.8% premarket, while Paramount Global’s Class B stock gained 3.3%.
*AIG, Kraft Heinz and Cisco Systems are among the companies expected to report earnings Wednesday.
