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Stock market
Sirius XM has a 'challenging road ahead' - BofA
October 25, 2024 02:01 AM AEDT| By InvestingInvesting.com -- Bank of America analysts resumed coverage of Sirius XM (NASDAQ:SIRI) with an Underperform rating and a $23 price target, citing multiple headwinds that could constrain the satellite r
IBM shares slide 6% after 'solid but uneven' Q3 print amid high expectations
October 25, 2024 01:47 AM AEDT| By InvestingInternational Business Machines (NYSE:IBM) reported third-quarter earnings that beat analyst estimates, but revenue fell short of expectations, sending shares down more than 6% Thursday.
Tesla's earnings beat, rosy forecast push shares more than 14% higher
October 25, 2024 01:39 AM AEDT| By InvestingInvesting.com -- Tesla reported third-quarter results that beat Wall Street estimates and said it expects to achieve "slight" growth in deliveries this year, sending shares in the electric vehicle mak
QuantumScape soars as production of its initial B-sample cells begins
October 24, 2024 11:39 PM AEDT| By InvestingInvesting.com -- Quantumscape Corp (NYSE:QS) saw its shares soar more than 17% in premarket trading Thursday after the company reported Q3 results and offered an update on battery cell testing for aut
KeyBanc cuts Verizon rating on concerns over growth, Frontier acquisition
October 24, 2024 11:23 PM AEDT| By InvestingInvesting.com -- KeyBanc Capital Markets analysts cut their rating on Verizon (NYSE:VZ) shares to Sector Weight from Overweight after the telecommunications company reported quarterly results below ex
Keurig Dr Pepper misses revenue expectations in Q3, stock slips
October 24, 2024 11:15 PM AEDT| By InvestingInvesting.com -- Keurig Dr Pepper (NASDAQ:KDP) shares fell more than 1% in premarket trading Thursday after the company reported Q3 revenue below analyst estimates.
Northrop Grumman reports mixed Q3 results, raises annual guidance
October 24, 2024 10:49 PM AEDT| By InvestingInvesting.com -- Northrop Grumman (NYSE:NOC) reported mixed results for the fiscal third quarter, with earnings exceeding expectations while revenue numbers fell short. The company also raised its ope
Southwest Airlines, Elliott nearing deal to avoid proxy battle - Bloomberg News
October 24, 2024 10:29 PM AEDT| By InvestingInvesting.com -- Southwest Airlines (NYSE:LUV) and Elliott Investment Management are closing in on a settlement that would avoid the carrier's first proxy fight since 2017, according to Bloomberg News
Spirit Aero’s quarterly losses widen amid Boeing strike, shares down
October 24, 2024 08:47 PM AEDT| By InvestingInvesting.com -- Shares in Spirit AeroSystems (NYSE:SPR) fell around 1% in premarket trading Thursday after the aerostructure supplier reported a deeper-than-expected quarterly loss.
Lam Research beats Q1 expectations, shares jump on strong outlook
October 24, 2024 08:25 PM AEDT| By InvestingLam Research Corp (NASDAQ:LRCX) reported better-than-expected first quarter earnings and revenue, sending shares up over 6.5% as the semiconductor equipment maker provided an optimistic outlook for th
Tesla's earnings beat, rosy forecast push shares more than 11% higher
October 24, 2024 08:23 PM AEDT| By InvestingInvesting.com -- Tesla reported third-quarter results that beat Wall Street estimates and said it expects to achieve "slight" growth in deliveries this year, sending shares in the electric vehicle mak
IBM shares tumble after 'solid but uneven' Q3 print amid high expectations
October 24, 2024 08:05 PM AEDT| By InvestingInternational Business Machines (NYSE:IBM) reported third-quarter earnings that beat analyst estimates, but revenue fell short of expectations, sending shares down more than 4% in premarket trading Th
Element Solutions rallies on report it is considering a sale
October 24, 2024 11:41 AM AEDT| By InvestingInvesting.com-- Element Solutions Inc (NYSE:ESI) rose sharply on Wednesday after Bloomberg reported that the specialty chemicals maker was exploring options including a potential sale.
Nvidia supplier SK Hynix clocks record Q3 profit on AI boom
October 24, 2024 11:29 AM AEDT| By InvestingInvesting.com-- South Korea’s SK Hynix Inc (KS:000660) on Thursday clocked a stronger-than-expected third-quarter profit as the memory chip giant saw strong sales of its advanced chips for use in ar
Peloton surges after David Einhornm says the stock is undervalued
October 24, 2024 11:29 AM AEDT| By InvestingInvesting.com-- Shares of exercise bike maker Peloton Interactive Inc (NASDAQ:PTON) rose sharply on Wednesday after reports said Greenlight Capital head David Einhorn said shares of the company were s
Tesla delivers Q3 earnings beat as margins improve; shares surge
October 24, 2024 08:49 AM AEDT| By InvestingInvesting.com -- Tesla reported Wednesday third-quarter results that beat Wall Street estimates, driven by improved margins and said it expects to achieve "slight" growth in deliveries this year as th
Lam Research beats Q1 expectations, shares rise on strong outlook
October 24, 2024 08:03 AM AEDT| By InvestingLam Research Corp (NASDAQ:LRCX) reported better-than-expected first quarter earnings and revenue, sending shares up nearly 4% as the semiconductor equipment maker provided an optimistic outlook for th
IBM shares tumble on soft results amid high expectations
October 24, 2024 07:59 AM AEDT| By InvestingInternational Business Machines (NYSE:IBM) reported third-quarter earnings that beat analyst estimates, but revenue fell short of expectations, sending shares down 4.5% in after-hours trading.
Apple down as top analyst Kuo says company cut iPhone 16 orders by 10M units
October 24, 2024 05:27 AM AEDT| By InvestingInvesting.com -- Apple fell Wednesday after Market analyst Ming-Chi Kuo at TF International, known for his knack of nailing predictions on Apple, delivered a gloomy update on iPhone 16 demand, saying
Upwork shares surge on organizational changes, preliminary Q3 results
October 24, 2024 04:53 AM AEDT| By InvestingInvesting.com -- Upwork Inc. saw its shares surge more than 25% on Wednesday following the announcement of significant organizational changes and preliminary third-quarter 2024 results that exceeded e
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