United Airlines (UAL) reported third-quarter earnings Tuesday that came in just above analyst expectations. The stock is up nearly 12% Wednesday on the heels of this update. Here’s how the company performed relative to the consensus estimate: Earnings per share: $3.33 adjusted compared to the $3.17 consensus Revenue: $14.84 billion compared to the $14.78 [...]
The Swedish telecommunications company Ericsson (ERIC) is up more than 13% so far Tuesday morning after posting third-quarter earnings that easily surpassed expectations. The company brought in 7.327 billion Swedish crowns, which works out to roughly $0.7 billion. This was well ahead of the 5.75 billion crown analysts were anticipating for earnings. It was [...]
Late last week Stellantist (STLA) announced its plans to change things up from a management perspective. After a few consecutive periods of bleeding profits and lowering production, it was time to breathe fresh life into the company. Now, the company’s current CEO of Jeep - Antonio Filosa - will step in as COO of [...]
Wells Fargo (WFC) disclosed its third-quarter earnings results this morning and shares are up more than 5% so far today. The company easily surpassed Wall Street expectations for the bottom line, although revenue fell just short of the consensus estimate: Adjusted earnings per share: $1.52 compared to the $1.28 consensus. Revenue: $20.37 billion compared [...]
Elon Musk mentioned a while back that the real value of Tesla (TSLA) was in robotaxis. Investors and the market as a whole have patiently waited for advancements in the technology, and we’ll get our first true look into the company’s plans tonight as it unveils a physical prototype. This was something we were [...]
Shares of The Boeing Co. (BA) are down more than 2% Wednesday morning, adding to the losses the stock has faced over the past year. The catalyst today is a potential downgrade for the company’s bonds. S&P Global Ratings sees concerns with the business from a cash perspective, and the mass worker strike currently [...]
Shares of Super Micro Computer (SMCI) soared yesterday and were on pace for their best trading day in more than 7 months. The stock ended up gaining around 15%, although it started to come back down to earth in Tuesday’s trading session. It’s lost 5% of its gains so far today. This all came [...]
Netflix shares (NFLX) have gained more than 46% through 2024 thus far, and the streaming giant’s stock has gained 4% in the past month alone. However, there are concerns as to whether or not the company can continue to grow or not. The company has given investors a look inside year-over-year (YoY) global engagement [...]
Palantir Technologies (PLTR) has been on a torrent charge through 2024 thus far, up more than 133% - and up 156% since this time last year. While the industry has a whole has boomed, this particular stock has outpaced its peers by nearly 28%. The question is, should you still buy PLTR today, or [...]
It’s like clockwork. Anytime there’s tension in the Middle East it poses a threat to the world’s oil supply, and prices surge accordingly. That’s what we’re seeing this morning for energy stocks like Chevron (CVX) and ExxonMobil (XOM). These stocks are up nearly 6% and 7% respectively in the past week, and they’re up [...]
