Moderna shares fell Thursday after it cut its Covid-19 vaccine sales forecast for the year and missed earnings and revenue expectations for the third quarter.
Schlagwort-Archiv: Markets
Roku shares drop after streaming company misses revenue estimates
Roku shares dropped in after-hours trading Wednesday after the company reported a third-quarter revenue that missed expectations.
Credit Suisse scales back investment banking as earnings beat estimates
The Swiss bank also revealed that it expects to report a net loss in the fourth quarter and said it plans to scale back its investment banking operations.
SunPower CEO says company is going on ‚offense‘ as demand for solar rises
Solar company SunPower’s third-quarter revenue disappointed the Street.
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.
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.
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.
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.