The global semiconductor shortage, sparked by pandemic-influenced demand spikes, reportedly led to a near-sellout of 2022 chip supply before the year even started, but investors and analysts are conce...
Tag: Financial Performance
SunPower to Record $31 Million of Charges for Cracking Issue. The Stock Tumbles.
Text size An employee works to install new solar panels at a solar plant in Turkey. Chris McGrath/Getty Images SunPower shares were falling sharply Friday after the solar tech company said it expects ...
Peloton’s stock skids, following report it will pause production of bikes, treadmills
Shares of Peloton Interactive PTON, -17.24% were sinking Thursday afternoon, trading below where it first listed, after a report said the exercise-equipment maker was temporarily pausing production of...
American Airlines Beats Earnings Estimates. The Stock Is Rising.
Text size American Airlines stock pointed 1.2% higher in premarket trading Thursday. Getty Images American Airlines beat earnings expectations in the fourth quarter, reporting a smaller-than-expected ...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...
Tesla earnings: News about the Cybertruck and new factories could set the tone for 2022
Tesla Inc. is slated to report fourth-quarter earnings next Wednesday, with investors expecting a return of Chief Executive Elon Musk to the post-results call and bracing for what could be worrying ne...
Johnson & Johnson’s got a new CEO and a plan to split the company in two. Here’s what else to expect out of J&J’s earnings
Johnson & Johnson JNJ, -0.31% has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything f...
Plug Power Just Gave Bullish 2022 Sales Guidance. The Stock Is Down.
Text size Investors will be listening to Plug Power’s conference call to hear how hydrogen technology is developing and being adopted. Courtesy Plug Power Hydrogen fuel cell technology provider ...
Bank of America Earnings Rise 28% and Top Forecasts. The Stock Is Rising.
Text size A Bank of America branch in New York. Victor J. Blue/Bloomberg Bank of America delivered strong fourth-quarter earnings Wednesday, bucking a trend seen across much of the sector this earning...
Leading Tesla shareholder wants automaker to issue deliveries guidance above Wall Street estimates
You don’t see this very often. Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla TSLA, -1.82%, on Wednesday was publicly lobbying the company over Twitter on ...
Brace for a volatile 2022, but cling to this tech stalwart when the storm comes, says investment adviser
The pain is piling up for equity investors after the long U.S. holiday weekend, with bond yields at levels not seen since early 2020, and oil prices tapping 2014 highs. The pace of Federal Reserve mon...
Intel stock has a bright near-term future, says analyst
Intel Corp. shares may have some bright spots ahead—at least in the very near future. Citi Research analyst Christopher Danely likes the setup for the chipmaker’s stock in the weeks to come, given the...
Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind
BERLIN—A surge in luxury-car sales and the shifting of scarce semiconductors to the most profitable vehicles helped many auto makers achieve robust profits last year, even as sales of mainstream vehic...
Global stocks advance with U.S. exchanges shut as traders wait for earnings reports
Global stocks rose and U.S. futures were steady Monday, as investors focused on upcoming corporate earnings and rising interest rates with U.S. exchanges shut in observance of the Martin Luther King J...
Unilever skids after attempt to snag Glaxo’s consumer-health unit, as FTSE 100 climbs
Unilever shares slumped Monday as the consumer products giant suggested it might increase its offer for GlaxoSmithKline’s consumer health unit. Unilever ULVR, -7.02% fell 7% as Glaxo revealed it’s rej...
Banks’ Earnings Show Lenders Aren’t All the Same. It’s Time to Pick and Choose.
Text size JPMorgan Chase and Citigroup both reported declines in trading revenue. Justin Sullivan/Getty Images The time has come to take a stock-picking approach to investing in banks. That was the le...
Apple Stock Gets a Big Target Price Boost. Supply-Chain Problems Are Improving.
Text size Apple has faced tough supply-chain challenges. Things could be looking up. Chris McGrath/Getty Images Tech stocks were getting hammered again Friday, but there was good news on the radar for...