XPeng and electric car deliveries
Shares in XPeng (XPEV), the Chinese electric car maker, rose on a report of a new record monthly delivery. Data for September suggest that the company is successfully coping with chip shorta...
Shares plunge
Micron Technology (MU) shares fell sharply after the company reported a record quarter but gave a forecast well below and worse than analysts' expectations. Wall Street experts pointed out the problems and lowered their target prices f...
Nike's earnings and deliveries
Nike (NKE) shares fell 4% after the release of Q1 FY2022 report. 2022. Although the company's earnings are rising, Nike's supply is very limited due to the closure of factories in Vietnam. The world's largest...
The state of the company's stock
Salesforce (CRM) stock rose 7 percent on Thursday after the company raised its sales forecast for 2022 and 2023. Several analysts have raised ...
US stock indices continued to rise on Thursday
As investors embraced the Federal Reserve's plans to cut asset purchases and raise interest rates. The Dow Jones Industrial Average index rose 230 points, or 0.67%, while the&nb...
Uber shares after forecast
Uber (UBER) said it could make up to $25m in profit in the third quarter on the back of improvements in both its taxi and delivery services. Uber shares posted their strongest one-day gain since early 2021.
Uber (UBER) sh...
Supply disruptions
America's biggest housebuilders warn that supply chain disruptions caused by COVID-19 are not going away any time soon.
Both DR Horton Inc. and Lennar Corp., two of the biggest homebuilders in the US by market capitalisation, sai...
The state of the company's stock
FedEx (FDX) shares fell 4.4% in after-hours trading after its financial report. The second US delivery company lowered its profit forecast for fiscal 2022 and said rising labour costs an...
Oracle's report
Oracle (ORCL) shares fell 1.9 percent after the report as the company reported quarterly earnings below analysts' average expectations. Oracle continues to grow its cloud business by increasing inve...
Losses for three years
GameStop (GME) investor enthusiasm continues to fall, despite the video game company's financial report showing quarterly revenues above Wall Street analysts' forecasts. GameStop is perhaps the best-known 'stock meme', but the...
Meeting with Tesla employees
CEO Elon Musk on Friday revealed Tesla Cybertrack delivery dates, a new low-cost model and Tesla's "craziest deliveries" of electric cars in September.
Tesla (TSLA) CEO Elon Musk held an all-staff meeting on Friday. The...
Broadcom report
Broadcom, which supplies its chips to Apple, on Thursday reported revenue growth well below the industry average (e.g. AMD). Broadcom gives a good outlook but says it is deliberately restraining the pace of s...
Zoom's earnings
Zoom Video Communications on Monday reported revenues and profits above market analysts' forecasts, but investors were disappointed by the slowdown in growth.
Shares of Zoom Video Communications (ZM) fell 10% after Monday's close, d...
Li Auto has record sales
Shares in Li Auto, the Chinese electric car maker, fell 1 per cent on Monday amid reports of record sales but posting a loss, while analysts had expected a break-even. Li Auto says it plans to expand in Europe.
Li Auto (LI)...
Peloton forecasts and statement
Peloton (PTON) reported a worse quarterly loss than analysts expected and also gave a weaker outlook for the current quarter. Investors should not expect profitability from Peloton before 2023.
Pe...
Xpeng report
Chinese electric vehicle maker XPeng (XPEV) has released a report with new record shipments and revenues, and has also given a 26% growth forecast for shipments in the current quarter. XPeng is ramping up production and starti...
The company's earnings
After Salesforce reported its most incredible quarter in the company's history, its shares rose. Also, the company safely completed a deal with Slack, at the same time that the app's revenues rose 39% for the quarter.
Salesfo...
Virgin Galactic target price
Bank of America Corp (NYSE:BAC) has cut its target price on Virgin Galactic (NYSE:SPCE) shares by 39%, from $41 to $25, Market Insider reports.
Analysts at the bank noted delays in the ...
General Motors plants
General Motors shares fell 3.5% on Thursday after the company said temporary production stoppages at its plants in North America, Canada and Mexico would continue due to a chip shortage, leading&nb...
Best time to buy Uber shares
Uber shares are trading at a lower price today than on the first day of trading. However, investors have four strong arguments for buying Uber stock right now to take advantage of the lower price.
Uber (UBER) shares are...
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