Stock Market Update: Dow Jones Drops Due to Unexpected Jobless Claims; Tesla Soars 17% After Strong Earnings

Stock Market Update: Dow Jones Drops Due to Unexpected Jobless Claims; Tesla Soars 17% After Strong Earnings

The Dow Jones Industrial Average experienced another decline, while the other major stock indexes saw gains on Thursday as investors processed an unexpected decrease in jobless claims. Tesla (TSLA) emerged as a significant earnings winner in today’s stock market. Following the opening bell, the Dow Jones Industrial Average declined by 0.3%, whereas the S&P 500 … Read more

Stock market today: Tesla’s unexpected earnings boost sends its stock soaring, while tech sector challenges weigh down the market for the third consecutive day.

Stock market today: Tesla’s unexpected earnings boost sends its stock soaring, while tech sector challenges weigh down the market for the third consecutive day.

U.S. stocks experienced a decline on Wednesday, extending the losing streak on Wall Street to three days as the market grappled with rising Treasury yields and disappointing earnings. However, after hours, Tesla’s stocks saw a surge following a better-than-expected earnings report, rising by more than 9%. Tesla announced plans to begin production on more affordable … Read more

IBM Stock Drops Despite Beating Q3 Earnings Expectations with Lower Revenue.

IBM Stock Drops Despite Beating Q3 Earnings Expectations with Lower Revenue.

IBM (IBM) stock saw a decline late on Wednesday despite reporting better-than-expected third-quarter earnings. Although IBM’s revenue missed expectations, the company experienced strong growth in software sales, which was partially offset by weaknesses in consulting and infrastructure operations. IBM reported adjusted earnings of $2.30 per share on sales of $14.97 billion for the quarter ending … Read more

Seagate’s Stock Declines Despite Strong Earnings Performance

Seagate’s Stock Declines Despite Strong Earnings Performance

Seagate Technology (STX) stock experienced a decline in late Tuesday trading, despite the company reporting fiscal first quarter earnings and sales that surpassed expectations. The data storage company’s guidance for current quarter revenue also aligned with analyst projections. Seagate announced that it had earned an adjusted $1.58 per share on sales of $2.17 billion for … Read more

Vornado Sets Date for Third Quarter Earnings Release and Conference Call Details On Investing.com

Vornado Sets Date for Third Quarter Earnings Release and Conference Call Details On Investing.com

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and issue its third quarter earnings release on Monday, November 4, 2024, after the New York Stock … Read more

Investing.com: Kimberly-Clark exceeds Q3 earnings expectations but falls short on revenue

Investing.com: Kimberly-Clark exceeds Q3 earnings expectations but falls short on revenue

Kimberly-Clark Corporation (NYSE: KMB) announced its third-quarter 2024 results on Thursday, exceeding earnings expectations but falling short on revenue projections. The company also adjusted its full-year forecast for organic sales growth. The consumer goods company reported adjusted earnings per share of $1.83, beating the analyst consensus of $1.70. However, revenue for the quarter came in … Read more

European stock market shows a mix of performance, with attention on the IMF report and quarterly earnings

European stock market shows a mix of performance, with attention on the IMF report and quarterly earnings

Investing.com – European stock markets showed a mixed performance on Tuesday as investors analyzed third-quarter corporate earnings in the midst of uncertainties surrounding global growth and future interest rate adjustments. At 03:10 ET (07:10 GMT), the DAX in Germany was trading 0.5% higher, while the CAC 40 in France was down 0.1% and the FTSE … Read more

Investing.com reports US stock futures slightly rise ahead of Q3 earnings

Investing.com reports US stock futures slightly rise ahead of Q3 earnings

Investing.com– U.S. stock index futures saw a slight increase in evening trading on Sunday, with attention focused on upcoming earnings reports from the technology sector and other industries in the coming days. Futures stabilized following a positive session on Wall Street on Friday, with the stock indexes remaining close to recent record highs amidst signs … Read more

Boeing strike: Contract vote leaves earnings day in suspense

Boeing strike: Contract vote leaves earnings day in suspense

Kelly Ortberg’s first earnings report as Boeing Co. CEO has become suspenseful as employees vote on whether to accept the company’s latest proposal and bring an end to a five-week-long strike. Boeing and the union representing 33,000 striking workers have reached a new tentative agreement that includes a 35% pay increase over four years, an … Read more

Netflix surpasses earnings and subscriber growth predictions, attracting investors’ attention to potential price increases.

Netflix surpasses earnings and subscriber growth predictions, attracting investors’ attention to potential price increases.

Netflix (NFLX) stock experienced a 5% increase in after-hours trading on Thursday following the company’s strong performance in the third quarter. Netflix surpassed expectations for both earnings per share (EPS) and revenue, and also provided a positive outlook for the current quarter. The streaming giant reported revenue of $9.83 billion in Q3, a 15% increase … Read more