Stocks trending after hours: Levi Strauss, AMD, Tilray, and more
source link: https://finance.yahoo.com/news/stocks-trending-after-hours-levi-strauss-amd-tilray-and-more-213947436.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Levi Strauss, AMD, Tilray, and more
S&P 500
3,744.52-38.76(-1.02%)Dow 30
29,926.94-346.93(-1.15%)Nasdaq
11,073.31-75.29(-0.68%)Russell 2000
1,752.51-10.18(-0.58%)Crude Oil
88.450.00(0.00%)- 1,720.90+0.10(+0.01%)
Silver
20.69+0.03(+0.15%)EUR/USD
0.9794-0.0084(-0.8473%)10-Yr Bond
3.8260+0.0670(+1.78%)GBP/USD
1.1172-0.0150(-1.32%)USD/JPY
144.9800+0.3700(+0.26%)BTC-USD
19,925.44-134.02(-0.67%)CMC Crypto 200
456.11-7.01(-1.51%)FTSE 100
6,997.27-55.35(-0.78%)Nikkei 225
27,311.30+190.80(+0.70%)
Stocks trending after hours: Levi Strauss, AMD, Tilray, and more
Levi Strauss (LEVI): Shares fell 5% in extended trading after the jeans-maker lowered its full year forecast, citing the strong dollar and supply chain disruptions. Levi sees full-year adjusted earnings per share of $1.44 to $1.49, down from its previous range of $1.50 to $1.56, and 2022 net revenue growth of 6.7% to 7%.
For the third quarter, Levi reported adjusted earnings of 40 cents a share on revenue of $1.52 billion.
Advanced Micro Devices (AMD): The chipmaker fell in after hours trading after the company lowered its guidance for third-quarter venue, noting a weak PC market and “significant” inventory corrections throughout the PC supply chain. AMD now sees 3Q sales of $5.6 billion, down from its previous estimate of $6.71 billion.
Competitors Nvidia (NVDA) and Intel (INTC) fell in the post market on the news.
Tilray (TLRY), Canopy Growth (CGC), Aurora Cannabis (ACB): Cannabis stocks soared ahead of the close and added to gains in extended trading after President Biden pardoned all prior Federal offenses of simple possession of marijuana. Biden also urged Governors to do the same with state offenses and asked the Secretary of Health and Human Services Xavier Becerra and Attorney General Merrick Garland to review how marijuana is classified under federal law.
Click here for the latest trending stock tickers of the Yahoo Finance platform
Click here for the latest stock market news and in-depth analysis, including events that move stocks
Read the latest financial and business news from Yahoo Finance
Download the Yahoo Finance app for Apple or Android
Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and YouTube
- MarketWatch
Levi Strauss cuts annual earnings and sales forecast as economic fears grow, stock falls nearly 5%
Levi Strauss & Co. executives on Thursday reduced their expectations for the year as a stronger dollar and weaker economy contributed to a miss on quarterly revenue.
1h ago - Yahoo Finance Video
Stocks moving in after hours: Levi Strauss, AMD
Yahoo Finance Live anchor Seana Smith looks at several stocks trending in the after-hours trading session.
1h ago - Barrons.com
AMD’s Revenue Misses by a Mile. The Stock Is Falling.
The chip maker warned that revenue for the third quarter would be lower than expected. CEO Lisa Su said that the PC market has "weakened significantly."
1h ago - Reuters
Levi Strauss cuts 2022 profit forecast on inflationary pressures, strong dollar
Levi Strauss & Co cut its full-year profit forecast on Thursday, as decades-year high inflation hits consumer spending and a strengthening U.S. dollar adds to worries alongside higher costs. Shares of the company fell about 4% in extended trading after the company also missed third-quarter revenue estimates. Consumers are shifting their focus away from higher-priced products and clothes to essentials due to rising inflation, affecting Levi's and other apparel makers.
2h ago - Investor's Business Daily
Dow Jones Falls As Jobs Report Looms; AMD Warns, Elon Musk Wins Twitter Trial Delay
The major indexes reversed from short-term levels Thursday with the September jobs report on tap. Twitter fell as Elon Musk made new demands. AMD warned late.
10m ago - Reuters
UK businesses most downbeat about profits since Q4 2020 - BCC
British companies are the most downbeat about the outlook for their profits since the depths of the COVID-19 pandemic in late 2020 despite widespread plans to raise prices, a major survey showed on Thursday, adding to signs of gloom about the economy. Only one in three businesses are confident their profits will increase in the coming year, while 39% expect a decline, according to the British Chambers of Commerce's (BCC) quarterly survey, the largest of its kind. Concerns that soaring inflation will become entrenched have spurred the Bank of England to hike interest rates.
33m ago - Investopedia
Top Marijuana Stocks on the Nasdaq for October 2022
These are the marijuana stocks on the Nasdaq with the best value, fastest growth, and best performance for October 2022.
5h ago - CNW Group
The Valens Company to Release Financial Results for the Third Quarter of 2022
The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the "Company" "The Valens Company" or "Valens") a leading manufacturer of cannabis products, is pleased to announce it will issue its third quarter 2022 financial results for the period ended August 31, 2022, on Thursday, October 13, 2022, before market open.
11h ago - Reuters
AMD revenue warning signals deep chip slump; shares dive 4%
(Reuters) -Chipmaker Advanced Micro Devices Inc on Thursday provided third-quarter revenue estimates that were about a billion dollars less than previously forecast, signaling the chip slump could be much worse than expected. AMD shares dropped 4% in after hours trading, dragging down shares of Nvidia Corp and Intel Corp by over 2%. "The PC market weakened significantly in the quarter," Chief Executive Officer Lisa Su said in a statement, adding that macroeconomic conditions drove PC demand lower than expected.
1h ago - MarketWatch
AMD stock drops as $1 billion shortfall blamed on even weaker-than-expected PC sales
Advanced Micro Devices Inc. shares fell in the extended session Thursday after the chip maker cut its already conservative forecast because a drop in PC sales after two years of pandemic-driven sales appears worse than feared.
1h ago - Yahoo Finance Video
Audo CEO explains how A.I.-driven career courses help grasp ‘who you are as an individual’
Audo Founder and CEO Milan Kordestani joins Yahoo Finance to discuss how A.I. driven job training courses are helping workers build skills and seek out non-traditional career paths.
1h ago Doctors in India Tried to ‘Cure’ Her With Conversion Therapy. Now She’s Fighting to Ban It
This couple is trying to ban the practice of “conversion therapy”
10h ago- Zacks
StoneCo Ltd. (STNE) Gains As Market Dips: What You Should Know
StoneCo Ltd. (STNE) closed at $11.75 in the latest trading session, marking a +0.51% move from the prior day.
1d ago - Reuters
Biden overhauls U.S. policy on marijuana, pardons prior federal offenses
WASHINGTON (Reuters) -President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions could be denied employment, housing or educational opportunities and his executive action would relieve such "collateral" consequences. Nearly 40 U.S. states have legalized marijuana use in some form, but it remains completely illegal in some states and at the federal level.
3h ago - Thunder Wire
Blizzard relaxes Overwatch 2 SMS requirements – but only for some
Blizzard is removing Overwatch 2 phone requirements for anyone who had a Battle Net account before 2021, but new players still face issues
5h ago - Simply Wall St.
There's No Escaping Micron Technology, Inc.'s (NASDAQ:MU) Muted Earnings
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 15x, you may...
8h ago - Yahoo Finance Video
Morgan Stanley slashes price target on General Motors stock
Yahoo Finance Live's Akiko Fujita discusses stock performance for General Motors after Morgan Stanley slashes its price target.
1d ago - Reuters
UPDATE 1-Levi Strauss cuts 2022 profit forecast on inflationary pressures, strong dollar
Levi Strauss & Co cut its full-year profit forecast on Thursday, as decades-year high inflation hits consumer spending and a strengthening U.S. dollar adds to worries alongside higher costs. Shares of the company fell about 4% in extended trading after the company also missed third-quarter revenue estimates. Consumers are shifting their focus away from higher-priced products and clothes to essentials due to rising inflation, affecting Levi's and other apparel makers.
1h ago - Consequence of Sound
Why Is Chris Pratt Voicing Mario?
Pratt promises his voice is "updated and unlike anything you've heard in the Mario world before." Why Is Chris Pratt Voicing Mario? Carys Anderson
1h ago - Benzinga
Sanofi, Provention Bio Ink Co-Promotion Pact For Type 1 Diabetes Treatment Candidate
Provention Bio Inc (NASDAQ: PRVB) has entered into a co-promotion agreement with Sanofi SA (NASDAQ: SNY) to launch Provention's lead investigational candidate, teplizumab, to delay type 1 diabetes in at-risk individuals. Teplizumab is under FDA review, with an action date of November 17. Under the terms of the agreement, Sanofi will commit commercial resources in the U.S. In exchange, Provention will reimburse field force-related expenses that Sanofi will incur in connection with commercializing
10h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK