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Davis Giangiulio on Muck Rack

Davis Giangiulio

Verified
  • Markets Reporter, CNBC
New York, Philadelphia
As seen in: CNBC, MSN, MSN Australia, MSN Malaysia, MSN Philippines, Yahoo Life, Business Insider, Aol, NBC News, Yahoo Finance, MarketWatch and
Reporting on prediction markets @CNBC | Past: @Suntimes, @NBCNews, @ajc | Bylines @BusinessInsider, @MarketWatch, @TeenVogue + more | Signal: davisg.26 | He/him
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Articles

Stocks making the biggest moves midday: Meta, Abercrombie & Fitch, Zoom, Intuit & more

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By Davis Giangiulio Verified
| CNBC Verified
Check out some of the companies making the biggest moves in midday trading. Abercrombie & Fitch — The teen apparel retailer retailer's stock soared 37% after it trounced fiscal second-quarter estimates and raised its full year outlook. The company earned $2.42 per share on an adjusted basis, while revenue grew 5% to $1.27 billion. Results were helped by tariff refunds and stronger growth at its Abercrombie unit.
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Stocks making the biggest moves premarket: Intuit, Zoom, Semtech, SolarEdge & more Original

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By Davis Giangiulio Verified
| CNBC Verified
Check out the companies making the biggest moves premarket: Intuit — The financial technology platform sunk 11% after its guidance for fiscal year 2027 disappointed. Intuit expects revenues of between $23.279 billion to $23.512 billion in the fiscal year, which starts in the current quarter, compared to analysts expectation for $23.7 billion, according to FactSet. Earnings and revenue for the company's fiscal fourth-quarter, though, beat estimates.
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Prediction market traders doubtful Bessent's bond interventions will push yields lower

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By Davis Giangiulio Verified
| MSN Verified
Treasury Secretary Scott Bessent is trying to calm rising yields. But prediction market traders don't think his efforts will be that fruitful. Speculators on prediction market platform Kalshi think the 10-year Treasury note yield will end 2026 above its current trading levels. Polymarket traders think it's likely that the yield has yet to hit its high for the year. Treasury Secretary is seeking to cap rising yields using a variety of tools at his department's disposal.
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