Check out the companies making headlines in midday trading. Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, the company said in a filing. General Motors – The automaker’s stock added about 2% after announcing a $6 billion share repurchase program. GM also cut its 2024 EV sales forecast due to slow adoption. It plans to produce between 200,000 and 250,000 EVs this year, down from a prior range of 200,000 to 300,000. Apple – The stock jumped by around 6% one day after the iPhone maker announced its artificial intelligence strategy at its Worldwide Developers Conference . Apple executives said Siri will harness ChatGPT through Apple’s partnership with OpenAI, alongside other updates. GameStop – The stock rose about 2%, trimming losses after its recent slide. GameStop shares dropped 12% on Monday , adding to Friday’s decline after a poor earnings report and the first livestream in years from Keith Gill, the meme stock leader known as Roaring Kitty. FMC Corp – Shares of the agricultural sciences company jumped more than 4% after the announcement that former CEO Pierre Brondeau is returning to his former post, effective immediately, …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, the company said in a filing. General Motors – The automaker’s stock added about 2% after announcing a $6 billion share repurchase program. GM also cut its 2024 EV sales forecast due to slow adoption. It plans to produce between 200,000 and 250,000 EVs this year, down from a prior range of 200,000 to 300,000. Apple – The stock jumped by around 6% one day after the iPhone maker announced its artificial intelligence strategy at its Worldwide Developers Conference . Apple executives said Siri will harness ChatGPT through Apple’s partnership with OpenAI, alongside other updates. GameStop – The stock rose about 2%, trimming losses after its recent slide. GameStop shares dropped 12% on Monday , adding to Friday’s decline after a poor earnings report and the first livestream in years from Keith Gill, the meme stock leader known as Roaring Kitty. FMC Corp – Shares of the agricultural sciences company jumped more than 4% after the announcement that former CEO Pierre Brondeau is returning to his former post, effective immediately, …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
