Amazon stock plummets today as a series of developments weigh heavily on the tech giant’s financial prospects. Firstly, an analyst at Wells Fargo predicts that Amazon.com, Inc. (NASDAQ: AMZN) will have a challenging fourth quarter, projecting a $2 billion decline in operating income. …
Amazon Stock Faces Steep Decline Amidst Growing Headwinds Read More »
Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) shares plummeted in pre-market trading today. The sharp decline comes at a time when the United Autoworkers Union (UAW) launched a historic strike against the Big Three U.S. automakers. This …
Ford (NYSE: F) and General Motors (NYSE: GM) Shares Plummet Amidst Historic UAW Strike Read More »
Shares of Tesla, Inc. (NASDAQ: TSLA) surged 6.1% in the pre-market trading Monday after the top Wall Street analyst Adam Jonas upgraded the stock rating from equal-weight to overweight, citing the potential of automaker’s DoJo supercomputer. In addition, Adam Jonas, …
Shares in Lyft, Inc. (NASDAQ: LYFT) jumped over 6 percent during the early hours of trading on Wednesday. This uptick follows a Lyft insider’s stock purchase, as revealed in a Form-4 filing with the SEC. Prashant “Sean” Aggarwal, a lead …
Lyft, Inc. (NASDAQ: LYFT) Stock Sees Uptick as Insider’s Bullish Move Comes to Light Read More »
Shares in Netflix, Inc. (NASDAQ: NFLX) surged 3.88% in the opening hours trade Wednesday as the latest data from research firm Antenna revealed that Netflix signups in the United States remained steady despite a dip from a June all-time high. This …
Netflix, Inc. (NASDAQ: NFLX) Stock Surges on Steady US Signup Numbers Read More »
Shares in Tesla, Inc. (NASDAQ: TSLA) declined 1.23% in the pre-market trading Wednesday after the company announced to cut Model S and X prices by over 6% in China. Tesla has announced price cuts on its premium vehicles, the Model …
Shares in PayPal Holdings, Inc. (NASDAQ: PYPL) plunged nearly 9% in the pre-market trading Thursday as the concerns about growing losses on bad loans overshadowed in-line second-quarter results and a moderately rosier third-quarter forecast. In Q2, PayPal’s adjusted operating margin, …
PayPal Holdings’ (NASDAQ: PYPL) Q2 Report Triggers Selling Frenzy as Bad Loans Take Toll Read More »
Shares of Palantir Technologies Inc. (NYSE: PLTR) surged by over 10% on Friday after Dan Ives, a Wedbush technology analyst, initiated coverage of the AI software company with an Outperform rating, setting a target price of $25. Ives firmly believes …
Shares of Microsoft Corporation (NASDAQ: MSFT) plummeted by 3.70% following the release of its fiscal fourth-quarter earnings. The results showed a sequential decline in Azure cloud revenue growth, which eclipsed the company’s quarterly profits and revenues that had surpassed Wall …
Microsoft Corporation (NASDAQ: MSFT) Shares Tumble as Azure Growth Slows Read More »
Elon Musk’s Tesla, Inc. (NASDAQ: TSLA) has reported its latest earnings for the April-June quarter, and the results appear to be a mixed bag. Good News: Beating Analyst Expectations The electric vehicle manufacturer surpassed analyst expectations for net income in …
Tesla’s Big Bet on Price Cuts: A 20% Jump in Net Income Leaves Investors Unconvinced Read More »
