Solar company SunPower’s third-quarter revenue disappointed the Street.
Schlagwort-Archiv: Financial
Qualcomm shares pop after company reports earnings beat, 56% rise in smartphone chip sales
Qualcomm’s revenue beat Wall Street expectations, driven by chip sales for smartphones, which were up 56% despite a global chip shortage.
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
The company reported $10.74 in earnings per share for the third quarter, trouncing Refinitiv’s estimates by more than $4.
Stocks making the biggest moves premarket: New York Times, CVS Health, Humana and more
These are the stocks posting the largest moves before the bell.
Bank of England could be about to hike rates in the face of surging inflation
The Bank of England’s Monetary Policy Committee will meet Thursday to decide whether to pull the trigger on interest rate hikes.
Consumers in China pick their 3 favorite electric cars — and only one is Chinese
Among the top brands were one from China, one from the United States and one from Germany.
Fed is in denial about ‚persistent‘ inflation, Wall Street forecaster Jim Bianco warns
Jim Bianco, who runs Bianco Research, expects inflation’s intensity to catch up with central bank policymakers worldwide, including the Federal Reserve.
Dow falls slightly from record ahead of Fed verdict
The Dow Jones Industrial Average dipped slightly from its record on Wednesday as investors awaited a decision from the Federal Reserve.
CVS Health beats on earnings, gets lift from Covid vaccines and prescription volumes
The drugstore chain has gotten a boost from Covid-19 vaccines and the return of more typical pharmacy patterns.
Lyft says drivers are coming back, shares jump 12%
Lyft reported 18.94 million active riders this quarter, compared to the expected 19.69 million, per StreetAccount.