• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Is Walmart About to Transform the Way You Shop and Save?

June 15, 2025

9 Hot Collectibles That Could Make You Money Fast

June 15, 2025

AMD CEO Claims New AI Chips ‘Outperform’ Nvidia’s

June 14, 2025
Facebook Twitter Instagram
Trending
  • Is Walmart About to Transform the Way You Shop and Save?
  • 9 Hot Collectibles That Could Make You Money Fast
  • AMD CEO Claims New AI Chips ‘Outperform’ Nvidia’s
  • Why Knowing Your Customer Drives Smarter Growth (and Higher Profits)
  • You’re Only Three Weeks Away From Reaching International Clients, Partners, and Customers
  • Streamline Your Workflow With This $30 Microsoft Office Professional Plus 2019 License
  • BLS Data Show White Men’s Employment Opportunities Declining In Recent Months
  • Surveillance Nation: Who Else Has a File on Your Finances?
Sunday, June 15
Facebook Twitter Instagram
FintechoPro
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
FintechoPro
Home » Stocks making the biggest moves midday: Tesla, Berkshire Hathaway, PayPal, Cinemark and more
News

Stocks making the biggest moves midday: Tesla, Berkshire Hathaway, PayPal, Cinemark and more

News RoomBy News RoomAugust 7, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Check out the companies making headlines in midday trading.

Tesla — The electric vehicle stock dropped nearly 3% after announcing the departure of its chief financial officer, Zach Kirkhorn. Tesla said it appointed Vaibhav Taneja to the position. Taneja will hold the role concurrently with his position as chief accounting officer.

BioNTech — U.S.-traded shares of the biotech firm slipped 9.1% after BioNTech reported disappointing revenue in the second quarter. The company earned 168 million euros in revenue, while analysts polled by Refinitiv expected 672 million euros.

Tyson Foods — Shares fell about 6% after a fiscal third-quarter earnings miss. The company reported adjusted earnings of 15 cents per share on $13.14 billion in revenue, while analysts polled by Refinitiv forecast earnings of 26 cents per share and $13.59 billion in revenue.

Berkshire Hathaway — Shares of Warren Buffett’s conglomerate rallied to a record high as investors cheered a strong quarter as well as its near-record cash hoard. Class A shares climbed more than 3% to hit an all-time high of $551,387 on an intraday basis, exceeding the conglomerate’s previous high from March 2022. Class B shares of Warren Buffett’s conglomerate rose about 3.4%, putting them on track to close at a record high.

Viatris — The pharmaceutical company added 6.6% after an earnings beat. The company reported adjusted net income and revenue that beat expectations for the second quarter. Viatris reported revenue of $3.92 billion, while analysts polled by StreetAccount called for $3.86 billion.

DaVita — The kidney dialysis services stock added 5.3% after UBS upgraded shares to buy from neutral Monday. Analyst Andrew Mok cited stronger patient growth as a driver.

Sovos Brands, Campbell Soup — Pasta sauce maker Sovos Brands rallied 25% following news that the Rao’s parent would be acquired by Campbell Soup. Campbell fell 1.3% to trade at its lowest share price in more than a year.

PayPal — PayPal stock climbed 2% after launching its first stablecoin, PayPal USD, backed by the U.S. dollar Monday. The move adds to PayPal’s broader offering of cryptocurrency services and is the first move into stablecoins from a major U.S. financial firm.

Palantir Technologies — Shares slipped nearly 5% ahead of second-quarter results. Analysts polled by FactSet are forecasting an adjusted 5 cents per share on $534.2 million in sales.

Cinemark — The movie theater stock added 1.7% following an upgrade from Morgan Stanley earlier Monday. Analyst Benjamin Swinburne said the success of blockbusters “Barbie” and “Oppenheimer” could help lift the stock as much as 35%.

— CNBC’s Yun Li, Alex Harring and Samantha Subin contributed reporting.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

RSS Feed Generator, Create RSS feeds from URL

News November 22, 2024

X CEO Linda Yaccarino addresses Musk’s ‘go f—- yourself’ comment to advertisers

News November 30, 2023

67-year-old who left the U.S. for Mexico: I’m happily retired—but I ‘really regret’ doing these 3 things in my 20s

News November 30, 2023

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

News November 29, 2023

Americans are ‘doom spending’ — here’s why that’s a problem

News November 29, 2023

Jim Cramer’s top 10 things to watch in the stock market Tuesday

News November 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

9 Hot Collectibles That Could Make You Money Fast

June 15, 20250 Views

AMD CEO Claims New AI Chips ‘Outperform’ Nvidia’s

June 14, 20250 Views

Why Knowing Your Customer Drives Smarter Growth (and Higher Profits)

June 14, 20250 Views

You’re Only Three Weeks Away From Reaching International Clients, Partners, and Customers

June 14, 20250 Views
Don't Miss

Streamline Your Workflow With This $30 Microsoft Office Professional Plus 2019 License

By News RoomJune 14, 2025

Disclosure: Our goal is to feature products and services that we think you’ll find interesting…

BLS Data Show White Men’s Employment Opportunities Declining In Recent Months

June 14, 2025

Surveillance Nation: Who Else Has a File on Your Finances?

June 14, 2025

These Six-Figure Jobs Value Competence, Not Credentials

June 14, 2025
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 FintechoPro. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.