It was an abysmal day for stocks, with all three major indexes languishing in the red before logging dramatic losses. In fact, the Dow suffered its worst day since October, shedding over 630 points. A disappointing quarterly report from Boeing (BA) was partly to blame, though r
(RTTNews) - Tesla Motors, Inc. (TSLA) reported a profit for its fourth quarter that climbed from last year.The company's profit came in at $270 million, or $0.24 per share. This compares with $105 million, or $0.11 per share, in last year's fourth quarter.
Tesla Inc's fourth-quarter profit fell short of Wall Street expectations and the company on Wednesday did not provide a clear 2021 vehicle delivery target, sending shares down 5.7% in extended trade.
Tesla Inc on Wednesday beat Wall Street estimates for fourth-quarter revenue after trouncing 2020 deliveries earlier this month on a steady rise in electric vehicle demand.
The following companies are expected to report earnings after hours on 01/27/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL) is reporting for the quarter ending December 31, 2020. The computer company's consensus earnings per sha
The Dow and the S&P 500 slid more than 1% on Wednesday as Boeing slumped on posting a record annual loss, while declines were exacerbated by hedge funds selling off long positions to cover a short squeeze sparked by a sharp rally in GameStop and AMC.
If you thought 2020 was a tough one to explain, with the market rising despite a pandemic and global recession, good luck trying to figure out 2021. It's been a wild trading year so far, and we're still only in January. Some of the market gains are warranted, but I'm not sure if
The stock market pulled back significantly on Wednesday morning, as investors worried that the ascent that they've seen in major stock market indexes might have come too far too quickly. Stocks dropped precipitously at the open but clawed back some of their losses as the morning
The S&P 500 and the Dow fell sharply on Wednesday after planemaker Boeing reported a record annual loss, while declines on the Nasdaq were offset by upbeat results from Microsoft.
Global bets worth billions of dollars could be at risk as amateur share traders challenge the bearish positions of influential funds, inflating stock valuations and leaving the professionals looking at potentially hefty losses.
We are in the midst of a very significant time for the earnings of big, high-profile Nasdaq-listed stocks. The granddaddy of them all, Microsoft (MSFT) released their results yesterday, with Apple (AAPL), Tesla (TSLA), and Facebook (FB) all reporting after the market close today.
Short-sellers are capitulating. The wild price action in GameStop (NYSE: GME) stock is causing short-sellers to throw in the towel and cover their positions.Melvin Capital and Citron Research closed out their short positions, with the latter's Andrew Left saying he did so at "a l
Truck maker Navistar International Corp said on Wednesday it will collaborate with U.S. automaker General Motors Co and others to develop a hydrogen fuel-cell powered commercial truck and supporting fueling network.
U.S. stock indexes were set to open lower on Wednesday as investors parsed through earnings reports from companies including Boeing and Microsoft, ahead of the Federal Reserve's policy statement later in the day.
Global bets worth billions of dollars could be at risk as amateur share traders challenge the bearish positions of influential funds, inflating stock valuations and leaving the professionals looking at potentially hefty losses.
It's still early in 2021, but there's a good candidate for stock story of the year. Shares of GameStop (NYSE: GME), a stodgy video game retailer, have soared recently thanks to a band of traders on the Reddit group WallStreetBets. Though there's been no significant news out on th
The drivers of the last few days include the growing pace of corporate earnings, as well as President Biden issuing executive orders aimed at shoring up the U.S.’s pandemic response. These drivers will continue to influence markets today
U.S. stock index futures slipped on Wednesday as a busy week of earnings gained momentum, with upbeat results from Microsoft cushioning the fall in Nasdaq futures ahead of the Federal Reserve's policy statement later in the day.
Drugmaker Evotec led sweeping price swings in some of Europe's most shorted stocks on Wednesday in an echo of the retail trading fever that has gripped the United States.