07:06 AM EDT, 04/11/2024 (MT Newswires) -- Citigroup ( C ) holds a historical tendency to reward shorts regardless of its direction as it posts Q1 results in the pre-market on Friday, April 12. The stock has a strong tendency to add to any earnings-driven pre-market declines in the follow-on regular session, and if it gains in pre-bell action it...

STOCKHOLM, April 11 (Reuters) - Polestar saw a 40% drop in first-quarter deliveries, the Swedish electric vehicle (EV) said on Thursday, as the sector struggles with slowing demand. While automakers and suppliers are betting on future demand for EVs, sales growth has slowed, with investment in capacity and technology development outrunning demand, boosting pressure on companies to cut costs. Polestar...

07:03 AM EDT, 04/11/2024 (MT Newswires) -- JPMorgan ( JPM ) is due with its Q1 report in the pre-market on Friday, April 12, and analysts polled by Capital IQ expect the firm to report a profit of $4.13 per share on revenue of $41.7 billion. JPM consistently reacts to the upside in extended-hours trade when the company reports its...

April 11 (Reuters) - Pre-owned vehicle retailer CarMax ( KMX ) posted a nearly 27% drop in fourth-quarter profit on Thursday, hurt by decreased profitability from units sold. Amid a skewed supply of new cars during the pandemic, CarMax ( KMX ) and other used-car retailers had bought more vehicles at inflated car prices. However, improved supply of new vehicles...