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Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 12% in extended trading. Here’s what the […]
Kelly Ortberg’s earnings debut as Boeing Co. chief executive officer has gained an element of suspense as workers vote on the same day whether to accept the planemaker’s latest proposal and end a five-week-long strike. Boeing and the union representing 33,000 striking members hammered out a tentative new accord that notches up pay by 35% […]
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With Wall Street rolling into the thick of earnings season, CNBC’s Jim Cramer on Friday told investors what market-moving action to keep an eye on next week, including reports from Boeing, Tesla, IBM and T-Mobile. He celebrated the market’s lengthy winning streak and suggested it could continue. “It’s hard to believe, but this market’s now […]
Netflix co-founder Reed Hastings attends a red carpet for the Netflix launch at Palazzo Del Ghiaccio on October 22, 2015 in Milan, Italy. Jacopo Raule | Getty Images Netflix shares closed up 11% on Friday after the media streaming giant reported third-quarter earnings and revenue that beat expectations. The company on Thursday reported earnings per […]
Nurphoto | Nurphoto | Getty Images LOS ANGELES — Netflix reported earnings after the bell. Here are the results. Earnings per share: $5.40. That may not compare with the $5.12 expected by LSEG. Revenue: $9.83 billion. That may not compare with the $9.76 billion expected by LSEG. Paid memberships: 282.15 million expected, according to StreetAccount Active subscriber […]
The ongoing September quarter earnings season will broadly remain a muted earnings season with Nifty50 earnings growing in single digits, says Narender Singh, smallcase Manager and Founder at Growth Investing.“Sectors which seem to disappoint the most would be automobiles, specifically four-wheelers, cement & infra due to an extended monsoon season and FMCG due to subdued […]
An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024. Jonathan Raa | Nurphoto | Getty Images ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing […]
The Dutch chipmaker’s third quarter results missed estimates and were published a day earlier than expected due to a technical error. Chip stocks are tumbling. But why? Source link
Bank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results. Here’s what the company reported: Earnings: 81 cents vs. 77 cents LSEG estimate Revenue: $25.49 billion vs. $25.3 billion estimate The bank said Tuesday that net income fell 12% from a year earlier to $6.9 billion, or 81 cents a […]