Walgreens Boots Alliance on Thursday reported fiscal first-quarter earnings that beat Wall Street’s estimates after an early flu season boosted demand for cough and cold medicine. The company sa...
Tag: Earnings
B&M’s Share Price Hits 8-Month Highs, Earnings Tipped To Beat Forecasts
Trolleys outside a B&M Bargains store, operated by B&M European Value Retail SA, in Ipswich, UK, on … [+] Wednesday, Jan. 4, 2023. Photographer: Chris Ratcliffe/Bloomberg © 2023 Bloomber...
General Electric Stock Higher As GE Healthcare Makes Nasdaq Debut
Updated at 10:22 am EST GE HealthCare, recently spun-off from the iconic industrial group under the leadership of CEO Larry Culp, will make its trading debut on the Nasdaq Wednesday. GE finalized plan...
Tesla Rival Rivian Narrowly Misses Its Bet
It’s a horrible year that ends on a false note. But this is not really a surprise either for investors or for Rivian shareholders. The upstart, seen as one of Tesla’s most serious rivals...
Nvidia in Pact With Foxconn to Build Autonomous Cars
Getting a jump on the parade of announcements to come at this week’s CES tech trade show in Las Vegas, the graphics and AI chip company Nvidia gave an unofficial virtual keynote presentation Tuesday m...
Tesla Stock Slumps As JPMorgan Sees Margin Issue On Q4 Deliveries
Tesla (TSLA) – Get Free Report shares moved lower Tuesday, following on from their worst annual performance on record, after softer-than-expected fourth quarter delivery figures and a price tar...
Tesla Posts Record Q4 Deliveries, But Misses Street Estimates
Tesla (TSLA) – Get Free Report posted weaker-than-expected fourth quarter deliveries, the carmaker detailed Monday, but still notched a all-time high overall tally for the year amid the biggest...
Berkshire Hathaway Had a Strong 2022. What to Watch in 2023.
Berkshire Hathaway is coming off a strong year, one in which operating earnings climbed, investment activity picked up sharply, and the stock handily outperformed the S&P 500 The outlook for 2023 ...
Nvidia CEO Jensen Huang Curbed Stock Sales When Shares Slipped
Nvidia stock tumbled in 2022, and as shares of the chip maker slid into the red early in the year, CEO Jensen Huang stopped selling. Nvidia stock (ticker: NVDA) lost half its market value in 2022. In ...
NIO, Li, XPeng Deliveries Offer Good News To Start 2023.
Electric vehicle investors start 2023 with some good news. Chinese EV makers NIO Li Auto and XPeng capped a wild year with strong delivery results in December. The three EV makers combined to deliver ...
Italy Passes 26% Crypto Tax Bill on Earnings Above €2000
Bitcoin News Cryptocurrency dealers in the nation will feel the effects of the ruling. On Thursday the parliament passed the new amendment. Giorgia Meloni, the prime minister of Italy, has pushed thro...
U.S. stocks fall on last trading day of 2022, booking monthly losses and worst year since 2008
U.S. stocks ended lower Friday, booking their worst annual losses since 2008, as tax-loss harvesting along with anxieties about the outlook for corporate profits and the U.S. consumer took their toll....
Exxon Stock: Should You Buy XOM On Forecasts For 2023 Earnings And Outlook For The Oil Industry?
Exxon Mobil (XOM) beat the odds. After being removed from the Dow Jones industrials index in August 2020 after 92 years, Exxon used a comeback in oil prices in 2022 as the catalyst to prove its worth....
Li Auto sees record EV deliveries in December
Li Auto Inc. said Friday that it delivered more than 20,000 electric vehicles in December, which is more than 33% above the previous monthly record delivered last month. The China-based EV maker’s ann...
Cash Flow Will Be Key in 2023 for Ford, GM, and Tesla Investors
Headed into 2023, automotive investors have a lot to worry about including rising interest rates, vehicle affordability, car pricing, supply chains, inventories, and, of course, the possibilities of a...
Generac stock leads S&P 500 gainers after Janney says buy, citing ‘free option’ on clean energy
Shares of Generac Holdings Inc. surged Wednesday, after Janney analyst Sean Milligan said the sharp selloff this year has provided investors an opportunity to buy into an established brand with a domi...
Top 3 large-cap stocks reporting earnings in the first week of 2023
This year, the winter holidays are on weekends. It means that the markets are open more than normal, and next week it will be busy. That is especially true for stock market investors. In particular, i...
Tesla Stock Extends 2022 Crash With Elon Musk ‘Asleep At The Wheel’
Updated at 3:55 pm EST Tesla (TSLA) – Get Free Report shares slumped to the lowest levels in more than two years Tuesday, extending declines in its worst annual performance on record, following...
5 things not to buy in 2023
It’s been a year of contradictions. The recession drum beats on, interest rates are rising, and the stock market has taken a tumble, and yet retail sales have risen 6.5% in the last 12 months, trailin...
How BofA came back from the brink of collapse
The 2008 financial crisis had a devastating impact on Bank of America. Shares of the bank were trading for as low as $2.53 in 2009 and net income dropped from a high of $21 billion in 2006, to just $4...
Tesla stock falls again, toward longest losing streak in more than 4 years
Shares of Tesla Inc. TSLA, -1.76% sank 2.8% in premarket trading Tuesday, after the electric vehicle maker extended the production suspension its Shanghai plant on Saturday as COVID infections surge i...
Stock Selloff Hits Life Insurers’ Fastest-Growing Product
Listen to article (2 minutes) The hottest thing in life insurance for more than a decade might be cooling off. A long-running stock-market rally and low interest rates combined to create the perfect c...
From T-Mobile to Starry Group Stock. Lessons From My Picks in 2022.
The year was humbling for many in markets. Growth stocks, the dominant trade for much of the past decade, fell out of favor. There were few winners to be found outside of the energy sector. Bond price...
Tesla delivery-target miss shows ‘demand cracks clearly happening’ that mean ‘numbers could materially reset’ for coming years, analysts write
As Tesla Inc. shares slumped to their worst performance on record in the fourth quarter, the electric-vehicle company delivered fewer cars than analysts expected, according to a Monday announcement. T...