Boeing (BA) saw a nearly 6% jump in stock price this week after the company resumed production of its 737 MAX jetliners following a seven-week strike. The production halt had put the company’s ability to meet its ambitious targets in jeopardy, leaving many investors concerned about Boeing's financial stability. But with a backlog of [...]
Tesla Inc. (TSLA) shares surged 7% Monday morning, following news that President-elect Donald Trump's transition team is working on a federal framework to regulate self-driving vehicles. The news could be a major boost for Tesla’s autonomous driving ambitions, especially with the recent unveiling of Tesla's "Cybercab" prototype. The stock’s rally follows a report from [...]
Affirm Holdings (AFRM) has been generating buzz lately after sharing its fiscal first-quarter earnings, which came in above expectations for several key metrics. However, the stock dipped over 6% in early trading as investors processed the news. In the latest earnings report, Affirm announced impressive revenue of $698 million, representing a significant 41% increase [...]
Arm Holdings (ARM) has had a rocky ride in the market lately, especially after the release of its fiscal Q2 2024 earnings. While the results beat Wall Street expectations, the stock took a bit of a tumble afterward. In its latest earnings report, Arm showcased a revenue of $844 million, which marked a 5% [...]
Tesla Inc. (TSLA) shares jumped an impressive 14.5% following Donald Trump’s recent election victory, reaching $287.93, marking a significant moment for the electric vehicle maker. This surge pushed Tesla’s market cap above $900 billion for the first time since July 2023. Investors are feeling optimistic about what Donald Trump’s election could mean for Tesla, [...]
Advanced Micro Devices (AMD) is down more than 9% Wednesday morning after the company’s third-quarter earnings results were released yesterday afternoon. The semiconductor manufacturer showed strong performance in its data center segment specifically, which saw a massive 122% growth from this time last year. It helped push total revenue 18% higher year-over-year to $6.82 [...]
Shares of Mcdonald’s Corp. (MCD) have started the road to recovery Monday morning after losing roughly 7% over the past few days. The stock is up more than 1% today as many saw the dip as a buying opportunity. The fast food chain is under fire amidst concerns that its popular Quarter Pounder burgers [...]
International Business Machines Corporation (IBM) is down nearly 7% Thursday morning after the company’s third-quarter earnings result left much to be desired in the eyes of investors. Despite posting a net loss of $330 million, IBM’s adjusted earnings came in at $2.30 per share, well ahead of the $2.22 analysts were expecting. This time [...]
Verizon Communications Inc. (VZ) disclosed its third-quarter earnings results Tuesday morning, with revenue coming in just shy of expectations and sending shares retreating 4% so far. Here’s how the company performed relative to the analyst consensus: Earnings per share: $1.19 per share, just ahead of the $1.18 per share estimate. Revenue: $33.3 billion, narrowly [...]
Tesla Inc. (TSLA) is in the spotlight this Monday morning as the electric vehicle manufacturer is set to share its third-quarter earnings results on Wednesday, October 23. The stock is moving a bit lower today, making it an 11% loss over the past month. Now that we’ve officially seen the Robotaxi rollout, the market [...]
