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, [...]
Palantir Technologies (PLTR) is making waves this week as its shares jumped 13.7% in after-hours trading on Monday, thanks to a standout third-quarter earnings report that exceeded expectations across the board. The company reported a revenue increase of 30%, hitting $726 million—far surpassing Wall Street’s forecast of $704 million. Not to mention, net income [...]
Shares of Super Micro Computer (SMCI) have taken a steep fall, dropping over 40% after news broke that Ernst & Young (EY), the company’s auditor, has resigned. This comes on the heels of a DOJ probe, raising serious questions for investors. SMCI’s tumble this past week has added to its already shaky year. While [...]
Amazon (AMZN) stock surged in after-hours trading on Thursday following a strong third-quarter earnings report that topped Wall Street’s expectations. The company’s results were driven by solid growth in its cloud and advertising businesses, which continue to be significant contributors to Amazon’s revenue growth. Quarter Highlights Amazon reported third-quarter revenue of $158.9 billion, marking [...]
The Facebook parent company, Meta Platforms (META), is losing ground Thursday morning on the heels of a third-quarter earnings update Wednesday after hours. While the stock is down 3% so far today, the Q3 performance was actually fairly solid. Revenue of $40.6 billion was slightly ahead of the analyst consensus for $40.2 billion. Earnings [...]
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 [...]
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 [...]
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 [...]
Shares of Netflix inc. (NFLX) are heading into the weekend with a 10% gain after the streaming giant surpassed Wall Street’s expectations in just about every category for the third quarter. Adding more than 5 million new customers fueled both the top and bottom lines, whereas the consensus estimate called for just 4.5 million [...]
Shares of Finnish telecommunications company Nokia Oyj (NOK) have fallen roughly 4% so far Thursday morning after an earnings outlook revision for the full year. The road to recovery hasn’t panned out how executives had hoped. The original operating profit guidance called for somewhere between 2.3 billion and 2.9 billion euros ($2.50 billion - [...]
