Archives

Highlights Tesla Inc’s (TSLA) revenue rose to US$13.76 billion in the third quarter, beating estimates. Tesla said it sold more Model 3 and Model Y cars, which are lower-priced, during the quarter. In addition, Tesla’s Shanghai fac...

• October 20, 2021 08:29 PM PDT
• Ipsita Sarkar

Highlights The company will “indirectly” collaborate with German firms in the EV venture. India would be the second destination after Europe, followed by Latin America, most likely Mexico. In August, it had purchased a semiconductor...

• October 20, 2021 07:22 PM PDT
• Sanjeeb Baruah

Highlights NextEra Energy, Inc’s (NYSE: NEE) adjusted EPS rose by 12% YoY to US$0.75. The company holds the No. 1 rank on Fortune's list of "World's Most Admired Companies" in the electricity and gas utility sector for 2021. The NextEra ...

• October 20, 2021 06:16 PM PDT
• Sanjeeb Baruah

Highlights Baker Hughes Company’s (NYSE: BKR) non-GAAP adjusted operating income was US$402 million, up 72% YoY. M&T Bank Corporation’s (NYSE: MTB) net income was US$495 million, up 33%, from US$372 million in the year-ago quar...

• October 20, 2021 06:00 PM PDT
• Ipsita Sarkar

Highlights Moderna, Inc’s (NASDAQ: MRNA) stock price surged more than 198% YTD. GameStop Corporation (NYSE: GME) stock jumped a whopping 982.84% YTD. Olin Corporation’s (NYSE: OLN) sales surged to US$2.22 billion in Q2, FY21. ...

• October 20, 2021 11:18 AM PDT
• Ipsita Sarkar

Highlights ASML Holding N.V. (NASDAQ: ASML) expects its Q4, FY21 net sales to be between €4.9 billion and €5.2 billion. Verizon Communication Inc’s (NYSE: VZ) total operating revenue rose by 4.3% YoY in Q3, FY21. VZ expects its...

• October 20, 2021 09:31 AM PDT
• Ipsita Sarkar

Highlights Abbott Laboratories’ (NYSE: ABT) third-quarter sales rose 23.4% to US$10.9 billion YoY. Abbott raised its full-year adjusted EPS guidance to between US$5.00 and US$5.10. Anthem, Inc’s (NYSE: ANTM) operating revenue jump...

• October 20, 2021 09:23 AM PDT
• Ipsita Sarkar