Text size Brand-new cars at the Tesla factory in Fremont, Calif. Justin Sullivan/Getty Images Tesla stock is now down about 46% year to date. Growing competition in electric vehicles, inflation, softe...
Tag: Share Price Movement/Disruptions
Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year
For investors aiming to take advantage of stock market declines, the obvious question is: How far is too far for stocks to fall? The semiconductor industry, a standout performer during the reopening o...
Elon Musk Sold $4 Billion More Worth of Tesla Stock. The Timing Is Odd.
Investors were waiting for stock sales from Tesla CEO Elon Musk, guessing he needed to sell more shares to finish his Twitter purchase. He sold more stock, but it happened after the Twitter deal close...
Think you had a bad week? Salesforce, cloud companies had some of their worst weeks ever
Salesforce Inc. and other cloud-software stocks shed red over the week, as the lining in cloud-software stocks Friday turned blood red instead of silver, sending some cloud companies and ETFs tracking...
Boeing Stock Is Rising. The Company Finally Provided Guidance.
Shares of commercial aerospace giant Boeing are on quite a little run after last week’s earnings disappointment. Shares have wiped out all the earnings-related losses and then some. Providing financia...
Apple and Google stocks both had their worst week in more than two years
Shares of Apple Inc. and Alphabet Inc. both suffered their largest weekly declines since the beginning days of the pandemic this week, as Big Tech companies continued to draw closer scrutiny from Wall...
Atlassian stock drops 23% after earnings, potentially wiping away more than $10 billion in valuation
Atlassian Corp. shares dropped in the extended session Thursday after the business-collaboration software company’s earnings and revenue outlook fell short of Wall Street expectations as executives sa...
Cloudflare stock drops more than 10% after results, outlook top Street view
Cloudflare Inc. shares fell in the extended session Thursday even after the cybersecurity company’s results and forecast topped the Wall Street consensus. Cloudflare NET, +0.86% shares dropped as much...
Lumen stock falls after dividend is eliminated, but is there a silver lining?
Lumen Technologies Inc. shares were falling sharply in Thursday trading after the telecommunications company announced it was eliminating its dividend and selling another business, moves that have pro...
Oil Dividend Stars Devon and Pioneer Face Tests After Payout Cuts
Some of the biggest outperformers in the U.S. energy sector— Pioneer Natural Resources and Devon Energy —cut their dividend payouts in the latest quarter as oil prices caused cash flow to slip. The cu...
Qualcomm stock drops more than 7% after poor outlook, months-long chip glut
Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to clear in its core business. Qual...
SoFi stock gives back its post-earnings gains, with one analyst highlighting its ‘polarizing’ nature
SoFi Technologies Inc. is a “polarizing” stock, according to a Keefe, Bruyette & Woods analyst, and that can perhaps be seen in its recent price movement. The stock was up as much as 18.9% Tuesday...
Berkshire Could Take a Big Storm Hit. Watch for Buyback News.
Berkshire Hathaway could suffer losses of $3 billion from Hurricane Ian and other weather events in the third quarter, but investors are apt to be more focused on the company’s investment activity. Be...
ZoomInfo Shares Tumble on Concern Over Soft Billings
Business information services provider ZoomInfo posted better-than-expected third-quarter results, but the company’s shares are nonetheless trading sharply lower in late trading Tuesday, apparently on...
Amazon closes below $1 trillion valuation for the first time since 2020
The swift recent decline in Amazon.com Inc.’s stock has brought the company’s closing market value below $1 trillion for the first time in more than two years. Amazon shares AMZN, -5.52% fell 5.5% in ...
XPeng stock swings to a loss after drop in monthly deliveries, while other China-based EVs surge
The U.S.-listed shares of XPeng Inc. fell Tuesday after October deliveries were reported, to buck the rally in other China-based electric vehicle makers, which was fueled by glimmers of hope that Chin...
Pfizer’s Earnings Are Tuesday. What to Watch.
Pfizer is set to report its earnings on Tuesday, a week and a half after an executive told investors that the company was considering a list price for its Covid-19 vaccine of between $110 and $130 per...
GameStop stock soared, then fell all the way back down, in biggest price reversal since May. But why?
Something strange happened to GameStop Corp. GME, +0.50% stock on Monday. Minutes after the opening bell rang out on the New York Stock Exchange, both the price of the company’s shares and trading vol...
Argo Blockchain shares collapse as planned fundraising falls through
Argo Blockchain PLC shares fell Monday after it said it no longer expects to carry out a share subscription with a strategic investor, and warned it would need to complete further financing to avoid c...
Big Pension Sells Apple, Block, and Estée Lauder Stock. Here’s What It Bought.
A big Dutch pension recently disclosed material changes in some of its largest U.S.-traded investments. Pensioenfonds PNO Media sold positions in Apple (ticker: AAPL), Block ( SQ ), and Estée Lauder (...
Stocks usually do well after the midterms. Not this time, forecasts BlackRock
So much for the safety of the tech behemoths, those supposedly friendly giants who may be relatively richly valued but you could still count on to buttress your portfolio. Poorly received results from...
Intel stock up 20% to best trading day since COVID-19 pandemic’s first days
Intel Corp. shares on Friday scored their best one-day rally since the start of the COVID-19 pandemic after the chip maker’s planned cost cuts and layoffs encouraged investors that have withstood shri...
Dialysis company DaVita stock suffering worst day in 22 years after big profit miss, disappointing outlook
Shares of DaVita Inc. plummeted in active trading Friday, toward their worst performance in more than two decades, after the dialysis company reported third-quarter that fell well below expectations a...
Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned
Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimm...
Facebook earnings cut in half, Meta stock sinks toward lowest prices in more than 6 years
Facebook parent Meta Platforms Inc. on Wednesday became the latest tech titan tattooed by a precipitous drop in digital advertising, reporting less than half the profit it had in the same quarter a ye...
Teladoc stock surges after earnings as losses narrow
Shares of Teladoc Health Inc. were up about 13% in after-hours trading Wednesday after the telemedicine company posted a narrower loss than analysts were anticipating for its latest quarter, while sli...
AT&T’s dividend yield falls below Verizon’s. What that means for the stocks.
AT&T Inc. no longer seems the most unloved name in wireless, and that manifested in one milestone that occurred last week. While AT&T shares T, +2.54% rallied in the wake of the company’s Thur...
Microsoft stock slammed by cloud-growth fears, taking Amazon down with it
Microsoft Corp. shares fell more than 6% in after-hours trading Tuesday as the company’s cloud-computing growth hit a sudden deceleration and executives guided for holiday-season revenue to come in mo...
Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker
Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The offer to buy Web...
Big Investor Bought Nvidia and Rivian Stock. It Sold Ford and GM.
A large European asset manager has made big changes in its largest U. S-traded stock investments, specifically in auto manufacturers and a chip maker. DNB Asset Management, a unit of Norway’s largest ...
Bankrupt Meme-Stock Favorite Revlon to Be Delisted From New York Stock Exchange
Revlon Inc. shares will be delisted from the New York Stock Exchange after a surge of market interest in the beauty-products supplier following its chapter 11 filing in June. Shares fell 5% on Thursda...
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....