Text size Telecom stocks have outperformed the market year to date. Above, a wireless tower. Dreamstime Telecom stocks have been on a tear in 2022. The next round of earnings reports for the sector sh...
Tag: Earnings
Carvana stock claws back despite ‘uniquely difficult environment’ that hit earnings
Shares of Carvana Co. were bouncing back in after-hours trading Wednesday after the used-car retailer admitted that both industry-wide and company-specific issues impacted its business in the first qu...
Tesla’s Earnings Crushed Expectations, Setting More Records. The Stock Is Up.
Tesla’s first-quarter profit was far higher than expected. Above, CEO Elon Musk speaks at the opening party for Tesla’s new factory in Texas. SUZANNE CORDEIRO / AFP / Getty Images Text siz...
Tesla earnings: Stock jumps after record profit, sales despite supply-chain woes
Tesla Inc. late Wednesday reported another record quarter of sales and profit, blowing past Wall Street estimates even though it said its factories continue to run below capacity due to supply-chain p...
Tesla Tops Q1 Earnings Forecast, Record Sales, Improving Margins
Updated at 5:15 pm EST Tesla (TSLA) – Get Tesla Inc Report posted stronger-than-expected first quarter earnings Wednesday, with record revenues and a big jump in profit margins, as the clean-en...
AT&T Earnings, Snap Earnings, Powell Speaks: 3 Things to Watch
By Sam Boughedda Investing.com – Stocks ended the day mixed on Wednesday as a 35% plunge in Netflix (NASDAQ:NFLX) shares weighed on tech stocks but strong earnings from other companies lifted the Dow....
Stock futures rise as investors digest more earnings reports
Stock futures rose in overnight trading as investors digested more quarterly reports from the likes of Tesla and United Airlines. Futures on the Dow Jones Industrial Average added about 70 points, or ...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
United Airlines (UAL) 1Q 22 earnings
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images United Airlines expects to turn a profit in 2022 for the first time...
Home Prices Surged to a Record as Sales Fell. What’s Cooling the Hot Housing Market.
Text size The rising cost of buying a home has weighed on buyers as mortgage rates have increased. Brandon Bell/Getty Images Existing-home sales fell in March fell as home prices climbed to their high...
AT&T, Verizon, and T-Mobile’s Earnings Are Coming. What to Watch.
Text size Telecom stocks have outperformed the market year to dae. Above, a wireless tower. Dreamstime Telecom stocks have been on a tear in 2022. The next round of earnings reports for the sector sho...
Tesla, United, Carvana and more
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell: Tesla — Shares o...
Dow jumps 249 points on Wednesday, but the Nasdaq is dragged down by a big plunge in Netflix
It was a divided market on Wednesday as traders evaluated a rush of first-quarter results. The Dow Jones Industrial Average rose on the back of strong earnings from Procter & Gamble, while the Nas...
IBM Shares Gain 3%, Company Reports Better than Expected Q1 2022 Earnings
IBM reported adjusted earnings per share of $1.40, whereas analysts surveyed by Refinitiv expected an adjusted EPS of $1.38. International Business Machines Corp (NYSE: IBM) shares closed Tuesday, Apr...
Netflix, Procter & Gamble, Baker Hughes and more
Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming ...
Procter & Gamble (PG) Q3 2022 earnings
Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected ...
Lululemon (LULU) announces new 5-year targets at analyst day 2022
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Lululemon aims to double its 2021 revenue in the next five years, putting it on track to hit $12...
Carvana stock price forecast ahead of earnings
The Carvana (NYSE: CVNA) stock price is crawling back as investors focus on the upcoming quarterly results. The shares are trading at $101.77, which is slightly above this week’s low of $94. They are ...
Dow Jones Futures: Stock Market Rally Rebounds, Netflix Crashes On Subscriber Fall, Tesla Earnings On Tap
Dow Jones futures fell overnight, along with S&P 500 futures and especially Nasdaq futures, as Netflix (NFLX) plunged on a surprise subscriber decline. The stock market rally showed strong gains T...
Silvergate Bank surprises investors with Q1 Earnings, SI Stock Up 14%
On Tuesday, April 19, crypto-focused Silvergate Bank (NYSE: SI) reported stellar earnings for the first quarter of 2022. As the result, the bank’s SI stock registered the highest surge in more than a ...
Cramer’s Mad Money Recap 4/19: Plug Power, Bank of America, Twitter
The stock market should’ve been down Tuesday, Jim Cramer told his Mad Money viewers, but instead, we had a great run. How’d that happen? It wasn’t bonds, earnings, or housing starts ...
Here are 30 stocks that Goldman Sachs likes when the economy stutters and markets gyrate
Wall Street is finding some traction for Tuesday, as investors wade through big earnings and ample, gloomy distractions. Fighting has ramped up again in Ukraine as the battle begins for the country’s ...
IBM Sales Growth Tops Estimates, Powered by Software and Consulting
Text size IBM has a dividend yield of 5.2%, the highest of any stock in the Dow Jones Industrial Average. Ethan Miller/Getty Images IBM posted better-than-expected first-quarter financial results, as ...
Opinion: Are you sharing a Netflix password? Not for long …
After an unprecedented downturn in subscriber growth in the first quarter, Netflix executives are eyeing the millions of people using other subscribers’ accounts as a way to reverse the streaming serv...
Shanghai’s Covid Lockdown Deals A Blow To Elon Musk’s Tesla Production Goals
Workers at Tesla’s Shanghai Gigafactory build a Model 3 electric sedan. Newscom Tesla looks set for a year of dramatic growth amid spiking demand for its electric vehicles and the addition of tw...
Opinion: Have semiconductor companies’ performance decoupled from the economy? Taiwan Semi earnings say yes, but we’ll get a clearer picture soon
Sentiment around technology and growth has sunk as rising interest rates, persistent inflation and a less accommodative Federal Reserve have sent investors running for safer bets. Although the fourth ...
Stock Market Up 1% As Earnings Pour In; These 2 Stocks Top Buy Points
Stocks rose broadly Tuesday morning as the S&P 500 climbed back above an important chart level and more key earnings came out. X The Dow Jones Industrial Average jumped 1.1% after two of its compo...
‘The Fed always screws up.’ This forecaster sees inflation peaking and U.S. stocks in a bear market by summer
Keith McCullough, founder and CEO of Hedgeye Risk Management, has been bullish on gold, silver and utilities since the start of the year, when his investment-research firm’s economic models turned bea...