
Check out the companies making headlines in Thursday trading. Salesforce — The customer relations management software maker’s shares traded 5% lower on Thursday after the company posted its latest quarterly results. RBC Capital Markets downgraded the stock, citing execution risks if the company continues acquiring. Salesforce did beat fiscal first-quarter estimates and raised its full-year outlook, […]
Read MoreCheck out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. […]
Read MoreKey Points Industry giant BYD announced a slew of discounts — some of nearly 30% or more – on selected models. The average car price has fallen by around 19% over the past two years in China to around 165,000 yuan ($22,900). Rather than reflecting market expansion, double-digit growth of new energy vehicles sales in […]
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