Verizon Communications Inc. (VZ) disclosed its third-quarter earnings results Tuesday morning, with revenue coming in just shy of expectations and sending shares retreating 4% so far. Here’s how the company performed relative to the analyst consensus: Earnings per share: $1.19 per share, just ahead of the $1.18 per share estimate. Revenue: $33.3 billion, narrowly [...]
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 [...]
Monday: Last week Wall Street kicked off with a strong start as technology stocks led the way. The Dow picked up 0.5%, the S&P500 improved by 0.8%, and the tech-heavy Nasdaq rose by 0.9%. Optimism was high as investors found renewed confidence in the tech sector, pushing the markets higher across the board. Tuesday: [...]
Written by: Angela Akers Third quarter earnings season began in earnest last Friday with upbeat earnings from JPMorgan Chase and Wells Fargo and fully bloomed this week as Goldman Sachs, Citigroup and Bank of America followed suit, beating on both the top and bottom lines. All lending support to the economic soft landing the [...]
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 - [...]
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 [...]
Written by: John LinDahl What are these things called “options”? What is the mystique about them and are they as risky as people say? There are lots of myths about options and how they are supposed to be dangerous. While every investment contains risk, if used correctly, options can reduce risk and increase profits. [...]
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 [...]
