Tesla Inc. (TSLA) shares surged 7% Monday morning, following news that President-elect Donald Trump's transition team is working on a federal framework to regulate self-driving vehicles. The news could be a major boost for Tesla’s autonomous driving ambitions, especially with the recent unveiling of Tesla's "Cybercab" prototype. The stock’s rally follows a report from [...]
Affirm Holdings (AFRM) has been generating buzz lately after sharing its fiscal first-quarter earnings, which came in above expectations for several key metrics. However, the stock dipped over 6% in early trading as investors processed the news. In the latest earnings report, Affirm announced impressive revenue of $698 million, representing a significant 41% increase [...]
Arm Holdings (ARM) has had a rocky ride in the market lately, especially after the release of its fiscal Q2 2024 earnings. While the results beat Wall Street expectations, the stock took a bit of a tumble afterward. In its latest earnings report, Arm showcased a revenue of $844 million, which marked a 5% [...]
Tesla Inc. (TSLA) shares jumped an impressive 14.5% following Donald Trump’s recent election victory, reaching $287.93, marking a significant moment for the electric vehicle maker. This surge pushed Tesla’s market cap above $900 billion for the first time since July 2023. Investors are feeling optimistic about what Donald Trump’s election could mean for Tesla, [...]
Advanced Micro Devices (AMD) is down more than 9% Wednesday morning after the company’s third-quarter earnings results were released yesterday afternoon. The semiconductor manufacturer showed strong performance in its data center segment specifically, which saw a massive 122% growth from this time last year. It helped push total revenue 18% higher year-over-year to $6.82 [...]
Shares of Mcdonald’s Corp. (MCD) have started the road to recovery Monday morning after losing roughly 7% over the past few days. The stock is up more than 1% today as many saw the dip as a buying opportunity. The fast food chain is under fire amidst concerns that its popular Quarter Pounder burgers [...]
International Business Machines Corporation (IBM) is down nearly 7% Thursday morning after the company’s third-quarter earnings result left much to be desired in the eyes of investors. Despite posting a net loss of $330 million, IBM’s adjusted earnings came in at $2.30 per share, well ahead of the $2.22 analysts were expecting. This time [...]
Verizon Communications Inc. (VZ) disclosed its third-quarter earnings results Tuesday morning, with revenue coming in just shy of expectations and sending shares retreating 4% so far. Here’s how the company performed relative to the analyst consensus: Earnings per share: $1.19 per share, just ahead of the $1.18 per share estimate. Revenue: $33.3 billion, narrowly [...]
Tesla Inc. (TSLA) is in the spotlight this Monday morning as the electric vehicle manufacturer is set to share its third-quarter earnings results on Wednesday, October 23. The stock is moving a bit lower today, making it an 11% loss over the past month. Now that we’ve officially seen the Robotaxi rollout, the market [...]
Shares of Finnish telecommunications company Nokia Oyj (NOK) have fallen roughly 4% so far Thursday morning after an earnings outlook revision for the full year. The road to recovery hasn’t panned out how executives had hoped. The original operating profit guidance called for somewhere between 2.3 billion and 2.9 billion euros ($2.50 billion - [...]
