A Shift in BEV Pricing Strategy
A recent update on the third-quarter data from Tesla and Toyota Motor reveals a potential flaw in Elon Musk's battery-electric-vehicle pricing strategy. The latest statistics show a significant change in…
Biggest Stock Gainers
Roku Inc. (ROKU): Smart TV manufacturer surpasses Q3 revenue expectations, sees solid rebound in video ads. Stock surges 20%. Lemonade Inc. (LMND): Mobile insurance company narrows quarterly loss. Stock surges…
U.S. Grain Export Sales Decline
Sales of U.S. Grains Decline, Falling Short of Analyst Expectations In the latest report by the Department of Agriculture, export sales of U.S. grains saw a significant decline compared to…
JPMorgan CEO on Federal Reserve’s Decision
JPMorgan Chase CEO Shares Insights on the Federal Reserve's Decision JPMorgan Chase & Co. Chief Executive, Jamie Dimon, has expressed his support for the Federal Reserve's cautious approach regarding interest…
KBR Reports Third-Quarter Loss
KBR, an information technology services company, experienced a sharp decline in shares after reporting a third-quarter loss. Analysts had expected the company to post a profit, but instead, KBR reported…
WW International to Report Q3 Earnings: What to Expect
Revenue: WW International is expected to report third-quarter revenue of $221.6 million, as compared to $249.7 million in the same period last year. Profit: The weight management services company is…
Live Nation Reports Record Quarter
Shares of Live Nation Entertainment Inc. (LYV) surged by nearly 4% in the extended session on Thursday. The Ticketmaster operator announced that it had achieved its "strongest quarter ever" as…
French Industrial Production Declines Again
France's industrial production continued to decline in September, signaling a slowdown in the eurozone's second-largest economy. Production Dips by 0.5% According to figures published by French statistics office Insee, production…
Maersk to Cut Thousands of Jobs as Profit Slumps
Container shipping giant A.P. Moller-Maersk (MAERSK A.DENMARK & MAERSK B.DENMARK) is set to slash jobs as its profit takes a significant hit. Maersk reported its third-quarter earnings before interest, taxes,…
Wall Street Optimistic About Uber’s Third-Quarter Earnings
Wall Street is buzzing with anticipation as Uber Technologies prepares to release its third-quarter earnings report. Analysts at KeyBanc Capital Markets, led by Justin Patterson, have upgraded Uber to Overweight…
Intesa Sanpaolo Raises 2023 Outlook
Intesa Sanpaolo, the Italian bank, has reported an increase in third-quarter earnings and has raised its outlook for 2023. The boost in earnings was driven by net interest income, and…
Block Inc. Focuses on Profitability: Analysts Provide Perspectives
Despite the different business endeavors of Block Inc. SQ, +11.69%, its recent emphasis on profitability has drawn comparisons to Meta’s META, +0.29% significant shift towards efficiency this year. This strategic…