Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters

Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters

Caesars Entertainment surprised investors with a third-quarter loss, falling short of market expectations. The company attributed the poor results to new competition and disruptions caused by construction in regional markets. Following the news, Caesars’ shares dropped by 4% in after-hours trading. Instead of the expected profit of 12 cents per share, Caesars reported a loss … Read more

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