Tesla Inc
Stocks making the biggest moves midday: Danaher, Tesla, AT&T and more
A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more htan 88% after the company reported better-than-expected earnings and revenue for its most recent quarter, citing higher sales […]
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Analysts react to Tesla’s latest earnings, break down what’s next for electric car maker
Some analysts covering Tesla seem to be breathing a sigh of relief following the release of the electric car maker’s latest quarterly results. The company reported Wednesday earnings per share that beat analyst expectations, with revenue growing by 42% on a year-over-year basis. However, automotive margins declined due to inflation and increased competition for electric-vehicle […]
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Stocks making the biggest moves premarket: AT&T, DR Horton, Travelers and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both the top and bottom lines for the second quarter, as it lowered its full-year free cash flow guidance. AT&T also reported a jump in quarterly wireless subscriber additions and raised its full-year […]
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5 things to know before the stock market opens Thursday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks mixed Futures were down on the Dow and the S&P 500, while the Nasdaq […]
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Toyota plans to roll out hydrogen fuel-cell trucks for the Japanese market next year
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztian Bocsi | Bloomberg | Getty Images Automotive giant Toyota, along with three other partners, will work on the development of light-duty fuel cell electric trucks […]
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Mattel inks deal with Elon Musk’s SpaceX to produce line of toys
The company’s Cargo Dragon spacecraft rolls out to the launchpad in Florida atop a Falcon 9 rocket. SpaceX Mattel inked a multiyear deal with Elon Musk’s SpaceX to create a line of toys inspired by the space venture, the companies announced Wednesday. “As space exploration advances more quickly than ever before, we are thrilled to […]
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Tesla has dumped 75% of its bitcoin holdings a year after touting ‘long-term potential’
Tesla, led by Elon Musk, confirmed that it purchased about $ 1.5 billion in bitcoin in January and expects to start accepting it as a payment in the future. Artur Widak | NurPhoto | Getty Images Early last year, Tesla invested $1.5 billion in bitcoin, banking on what the electric car maker called the digital […]
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Tesla grows revenue 42%, but automotive margins decline
Tesla reported earnings after the bell, and the results sent the stock up slightly after hours. Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to Refinitiv Revenue: $16.93 billion, vs. $17.1 billion expected, according to Refinitiv Automotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, […]
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5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Stocks slip up Equities futures fell Wednesday morning after a strong close Tuesday for the major […]
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Stock futures edge higher following Dow rally, better-than-expected Netflix earnings
U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.16% and 0.32%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only […]
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