May 9, 2024
“U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market’s surge, China Passenger Car Association (CPCA) data showed on Tuesday. Tesla shares fell 3.8% on Tuesday, amid concerns about softening… Continue Reading…
May 8, 2024
“Shares of Chinese electric vehicle maker Nio Inc jumped 20% Thursday after its vehicle deliveries more than doubled in April. Hong Kong-listed shares of the company jumped as much as 23% to 44.20 Hong Kong dollars, touching their highest level in over… Continue Reading…
May 8, 2024
“Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday… Wayfair shares closed more than 16% higher Thursday. The company’s reported net… Continue Reading…
May 7, 2024
“Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades under the DJT ticker, closed at $45.16 per share, a loss of $4.77 per share. The company, which owns the Truth Social app, is still trading well below the… Continue Reading…
May 7, 2024
“CVS Health on Wednesday reported first-quarter revenue and adjusted earnings that missed expectations and slashed its full-year profit outlook, citing higher medical costs that are dogging the U.S. insurance industry. Shares of the company closed more than 16% lower on Wednesday, and were headed… Continue Reading…
May 2, 2024
“The rapid rise of artificial intelligence appears to be taking a toll on the shares of online education companies Chegg and Coursera. Both stocks sank by more than 10% on Tuesday after issuing disappointing guidance in part because of students using AI tools… Continue Reading…
May 2, 2024
“Philips shares soared to a more than two-year high Monday after the Dutch medical devices giant agreed to a $1.1 billion settlement in the U.S. for personal injury cases linked to the recall of some of its sleep apnea devices. Millions of… Continue Reading…
May 2, 2024
“Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 23% in extended trading. Here’s how the company did: Revenue for Snap’s first quarter increased 21% from $989 million in the… Continue Reading…
April 22, 2024
“…ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of… Continue Reading…
April 18, 2024
“Shares of Dr. Martens plunged 30% on Tuesday to hit a record low, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange… Continue Reading…
Recent Comments