Ford Motor Company (NYSE: F) announced yesterday, May 10 through an SEC filing that they had sold 8 million shares of Rivian (NASDAQ: RIVN) on May 9. Following the news RIVN shares tumbled throughout ...
Tag: Earnings
Rivian reports earnings this week with stock under more pressure than ever
Rivian Automotive Inc. is slated to report first-quarter earnings after the bell Wednesday, with the EV maker battling a steep decline of its shares and fears of continued operational snags. Rivian RI...
SoFi tops expectations with latest earnings, gives mixed outlook
SoFi Technologies Inc. topped expectations with its latest results Tuesday but delivered a mixed forecast in an earnings report that came out several hours before it was officially expected. SoFi SOFI...
Unity Software Earnings Met Estimates. Why the Stock Is Cratering.
Text size Unity stock was dropping after its earnings release. Dreamstime Unity Software stock was tumbling after the videogame development platform’s earnings met analyst expectations but its sales a...
Vroom Stock Races Ahead After Earnings, CEO Switch and Turnaround Plan
Text size Courtesy of Vroom Vroom is poised to be one of the biggest winners of Tuesday’s volatile trading session, with the stock racing ahead after the company reported better-than-expected earnings...
April’s consumer price index report expected to show inflation has already peaked
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show ...
Coinbase, Roblox, Electronic Arts and more
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Staple...
SoFi stock falls, trading halted after fintech firm accidentally releases Q1 report
Shares of SoFi fell sharply on Tuesday and were halted for nearly three hours after the company accidentally released its first-quarter results early. The company said the report, which was scheduled ...
Peloton earnings miss, CEO says company is ‘thinly capitalized’
Peloton’s turnaround will take a while, new CEO Barry McCarthy warned shareholders on the company’s earnings Tuesday, adding that the company was “thinly capitalized for a business o...
Peloton, Upstart, Vroom and more
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the ...
Staking on Bitpanda: earnings up to 27%
European crypto-exchange Bitpanda is set to launch its new staking service, offering gains of up to 27% initially on 11 different cryptocurrencies. New staking service is now live on Bitpanda Bitpan...
Upstart shares plummet 60% after company cuts full-year revenue forecast
In this photo illustration an Upstart Holdings logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Upstart plummeted Tuesday after the artificial in...
Peloton, Novavax, Vroom and more
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton shares plunged 25.8% in the premarket after the fitness equipment maker reported a larger-than-expected quarterly l...
Peloton (PTON) fiscal Q3 2021 earnings
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wi...
Coinbase Earnings Expectations Crushed on Crypto Crash as Stock Price Slumps
U.S. crypto exchange giant Coinbase is poised to release its Q1 earnings report but expectations have been battered along with company stock value on the crypto market slump. Expectations are grim for...
Cramer’s Mad Money Recap 5/9: Nvidia, Rivian, GoodRx
When all else fails, well, that’s pretty much the bottom, Jim Cramer told his Mad Money viewers after another gloomy Monday on Wall Street. This was the day we saw the last beloved sector of the...
Oil Stocks: Buffett Favorite Occidental Petroleum Among Key Earnings As Crude Prices Retreat
Canada-based oil-sands producer Suncor (SU) was set to report first-quarter results late Monday, following a spike in oil prices after Russia invaded Ukraine. Suncor stock and other oil stocks, howeve...
GoodRx stock tanks after company says it’s unlikely to achieve 2022 outlook amid issue with grocery chain
Shares of GoodRx Holdings Inc. sank in after-hours trading Monday after the company, which offers tools that help consumers compare drug prices, exceeded expectations with its March-quarter results bu...
Novavax posts first quarterly profit, but misses expectations
Shares of Novavax Inc. dropped more than 6% in the extended session Monday after the biotech company reported its first profitable quarter, but not by as much as Wall Street expected, and its sales we...
Palantir stock plunges to all-time low after earnings, forecast miss
Executives at Palantir Technologies Inc. see the software company as strongly positioned for the current uncertain environment, but shares were tanking on Monday after the company delivered a mixed ea...
AMC (AMC) Earnings Q1 2022
The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images Not even the tag-team of Spider-Man and Batman could make AMC Entertainmen...
Palantir Earnings and Outlook Fall Short of Estimates. The Stock Plunges.
Text size Palantir guided to a ‘base case’ of $470 million in revenue for the second quarter. Dreamstime Palantir Technologies posted soft first-quarter results, along with June quarter gu...
Covid Novavax (NVAX) Q1 2022 earnings
Rafael Henrique | LightRocket | Getty Images Novavax on Monday reported its first profitable quarter as its Covid vaccine rolls out across several countries around the world, though the company still ...
Is the Coinbase stock price too cheap ahead of earnings?
The Coinbase (NASDAQ: COIN) stock price sell-off continued as the broader stock and cryptocurrencies sell-off continued. The stock fell to an all-time low of $84, which was about 80% below its all-tim...
Rivian (RIVN) Q1 2022 earnings preview
Rivian CEO RJ Scaringe inside the company’s customer experience center outside of its plant on Aptil 11, 2022 in Normal, Ill. Michael Wayland / CNBC Electric-vehicle maker Rivian Automotive will...
Lordstown Motors RIDE Q1 2022 earnings loss Foxconn
The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Stru...
Buy GM Shares, But Not Ford or Tesla. Here’s What One Analyst Says.
Text size GM looks to be the preferred U.S. auto maker pick among Wall Street analysts, with about 85% of analysts covering the stock rating it a Buy. Justin Sullivan/Getty Images Investors are bearis...