China’s BYD wants to challenge Tesla for its crown as the biggest EV maker. It just might succeed, but Tesla could snag a more important prize held by Toyota Motor. On Friday, BYD (ticker: 1211. Hong ...
Tag: Earnings
Boeing Stock Surges On Report of 787 Dreamliner Order By United
Boeing (BA) – Get Free Report shares lurched higher Friday following a report that suggested United Airlines (UAL) – Get Free Report is close to making a deal for dozens of the planemake...
Italy will tax cryptocurrency earnings 26%
Profits from trading cryptocurrencies that are more than 2,000 euros ($2,062) will be subject to the capital gains tax at a rate of 26%. According to material related to the budget that was made publi...
Marvell Stock Sinks as Earnings Fall Short. Customers Are Pulling Back.
Marvell Technology shares were sinking in late trading Thursday after the data- center semiconductor firm’s earnings and outlook disappointed Wall Street. The company said makers of storage equipment ...
Marvell stock falls after disappointing earnings and outlook, as CEO cites ‘inventory reductions’ by some customers
Shares of Marvell Technology Inc. MRVL, -2.41% were falling 7% in after-hours trading Thursday after the chip company fell short of expectations with its latest results and outlook. Marvell posted fis...
Ulta Beauty (ULTA) earnings Q3 2022
Shoppers line up outside of Ulta Beauty before the 6am opening on Black Friday. Aimee Dilger | LightRocket | Getty Images Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street’s ...
Costco’s Sales Update Slams the Stock. Strong Grocery Sales Aren’t Enough.
Stock in Costco dropped Thursday as its same-store sales fell short of expectations, a rare miss for the warehouse club owner that highlights how strong sales of groceries aren’t enough to make up for...
Kroger (KR) earnings Q3 2022
Kroger on Thursday raised its forecast for the year after stronger fiscal third-quarter sales topped Wall Street expectations and inflation continued to push up the prices shoppers pay for milk, eggs ...
Dow Jones Dives 400 Points On Cool Inflation Data; Salesforce Plunges On Earnings
The Dow Jones Industrial Average sold off Thursday morning after key inflation data. Tech leaders Okta, Splunk and Snowflake posted big earnings-related moves, and Dow Jones stock Salesforce dived aft...
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, -0.11% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stocks look ready to rethink on that optimsim, even after fresh inflation data showed ...
Stocks Dip, Salesforce, Costco, Five Below And GE-5 Things To Know
Five things you need to know before the market opens on Thursday December 1: 1. — Stock Futures Drift Lower After Powell-Induced Rally U.S. equity slipped lower Thursday, following on from one ...
Salesforce, Snowflake, Costco and more
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the be...
Snowflake stock drops after sales forecast that CFO admits is ‘conservative’
Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their...
Okta stock jumps 15%, CEO promises profit as sales reps get on same page
Okta Inc. executives on Wednesday said they will report an adjusted profit in the fourth quarter and, in a surprise, predicted profitability for all of next fiscal year, trumping profit concerns stemm...
EV Charging Stock ChargePoint Jumps With Earnings Due, Revenue Seen More Than Doubling
ChargePoint (CHPT) prepares to report earnings for the third quarter late Thursday, with the quickening global adoption of electric vehicles (EVs) giving charging companies a boost. CHPT stock popped ...
Hormel, Petco, CrowdStrike and more
Check out the companies making headlines before the bell: Hormel (HRL) – The food producer’s stock slid 6.4% in the premarket after reporting a mixed quarter. Earnings beat estimates, but sales ...
China electric vehicle maker XPeng posts wider than expected 3Q loss of CNY2.38 billion ($332m)
XPeng Inc. XPEV, +6.53% said Wednesday that it expects its fourth-quarter vehicle deliveries to decline as much as 52% as the Chinese electric-car maker reported a wider loss for the third quarter. XP...
Competitors chip away at Tesla’s share of U.S. EV market
DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...
Opinion: Salesforce better get used to Marc Benioff in charge, because he keeps chasing off his chosen successors
Salesforce Inc. has twice promoted a seasoned executive to co-CEO, and both times it was taken as a sign that the cloud-software pioneer had found an eventual successor to co-founder Marc Benioff at t...