Stock

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.

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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.

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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

Today’s Stock Market Update: Dow Jones Plunges, Boeing Declines Before Crucial Vote; Warren Buffett’s Investment Alert Issued (Live Updates)

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Today’s Stock Market Update: Dow Jones Plunges, Boeing Declines Before Crucial Vote; Warren Buffett’s Investment Alert Issued (Live Updates)

The Dow Jones Industrial Average experienced a decline on Wednesday, with McDonald’s (MCD) facing challenges due to an E. coli outbreak. Boeing (BA) also saw a drop in its stock price, while Trump Media & Technology (DJT) managed to reclaim a key benchmark. Warren Buffett, the CEO of Berkshire Hathaway (BRKB), issued a cautionary message … Read more

Vertiv Stock Exceeds Q3 Expectations, Falls Short on Sales Forecast

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Vertiv Stock Exceeds Q3 Expectations, Falls Short on Sales Forecast

Vertiv (VRT), a company that specializes in digital infrastructure technology for data centers and communication networks, exceeded Wall Street’s expectations for the third quarter but provided mixed guidance for the current period, causing VRT stock to fall in early trading. The Westerville, Ohio-based company reported an adjusted earnings of 76 cents per share on sales … Read more

McDonald’s stock drops following CDC report of E. coli outbreak tied to Quarter Pounders

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McDonald’s stock drops following CDC report of E. coli outbreak tied to Quarter Pounders

McDonald’s experienced a drop in shares during after-hours trading after the Centers for Disease Control and Prevention (CDC) announced that an E. coli outbreak linked to McDonald’s Quarter Pounder burgers has resulted in 10 hospitalizations and one fatality. The CDC reported a total of 49 cases across 10 states between September 27 and October 11, … Read more

Rxsight co-president Ilya Goldshleger unloads $154,001 worth of stock

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Rxsight co-president Ilya Goldshleger unloads 4,001 worth of stock

Ilya Goldshleger, Co-President and Chief Operating Officer of RxSight, Inc. (NASDAQ:RXST), recently sold 3,100 shares of the company’s common stock. The shares were sold at a weighted average price of $49.68, amounting to a total transaction value of approximately $154,001. This sale was conducted under a pre-established Rule 10b5-1 trading plan. In addition to the … Read more

Seagate’s Stock Declines Despite Strong Earnings Performance

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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

Reasons Behind the Decline in Verizon Stock Price Today

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Reasons Behind the Decline in Verizon Stock Price Today

Verizon Communications (NYSE: VZ) saw a decline in its stock price today following disappointing revenue results. The telecom company attributed this to weakness in wireless equipment sales and a slow phone upgrade cycle. As of 11:44 a.m. ET, Verizon’s stock had dropped by 4.3%. Verizon’s core wireless service business showed steady growth, with revenue increasing … Read more

Key Technical Level Sparks Microsoft Stock Rally; Here’s Why It’s a Strong Buy Now | Investor’s Business Daily

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Key Technical Level Sparks Microsoft Stock Rally; Here’s Why It’s a Strong Buy Now | Investor’s Business Daily

Microsoft, a leading enterprise software company, saw a bullish reversal in September, gaining over 3% for the month despite some profit-taking in recent sessions. The stock has been hovering around the 50-day moving average, indicating a potential buying support level. While Microsoft is not yet ready for a new breakout to all-time highs, it is … Read more

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

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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