Newsfeeds Archive - Page 27 of 319

2 minute read

Tesla Stock Is Ripping Higher Wednesday: What’s Going On?

April 24, 9:54 AM

Tesla reported first-quarter financial results late Tuesday. Despite missing analyst estimates on the top and bottom lines, Tesla shares are ripping higher Wednesday, partially due to the company's accelerated timeline for the launch of new models and talk about the development of a next-gen vehicle.

TSLA

2 minute read

Movers
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Moderna Stock Jumps On Collaboration With OpenAI: What’s Going On?

By Adam Eckert

April 24, 9:34 AM

Moderna began a collaboration with OpenAI in early 2023 with the launch of Moderna's own instance of ChatGPT, called mChat. The company said Wednesday that it has reached more than 80% internal adoption of mChat, which has accelerated the AI culture at Moderna.

MRNA

2 minute read

What’s Going On With Meta Platforms Stock Wednesday?

By Adam Eckert

April 24, 8:45 AM

Congress passed new legislation to ban or force a sale of popular social media platform TikTok. The Senate approved the bill 79 to 18 as part of an aid package for Israel, Ukraine and Taiwan. The House already approved the bill over the wee

Enphase Energy Stock Is Falling Wednesday: What’s Going On?

By Adam Eckert

April 24, 8:42 AM

Enphase reported first-quarter revenue of $263.3 million, which missed the consensus estimate of $281.95 million, according to Benzinga Pro. U.S. revenue was down approximately 34% on a year-over-year basis, while revenues in Europe climbed approximately 70%.

ENPH

2 minute read

Why Sunrun, SolarEdge, Sunnova Energy Shares Are Moving Lower After Hours

By Adam Eckert

April 23, 5:12 PM

Several solar stocks including Sunrun, SolarEdge Technologies and Sunnova Energy International are trading lower in Tuesday's after-hours session in sympathy with shares of Enphase Energy, which fell after the company reported worse-than-expected quarterly results.

ENPH

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Enphase Energy Q1 Earnings: Revenue, EPS Come In Below Estimates Amid ‘Softening’ US Demand

By Adam Eckert

April 23, 4:55 PM

Enphase Energy reported first-quarter revenue of $263.3 million, which missed the consensus estimate of $281.95 million, according to Benzinga Pro.

ENPH

1 minute read

Texas Instruments Q1 Earnings: EPS Beat, Revenue Beat Despite Decline Across All End Markets

By Adam Eckert

April 23, 4:29 PM

Texas Instruments reported first-quarter revenue of $3.66 billion, which beat the consensus estimate of $3.611 billion, according to Benzinga Pro. The company's top-line results were down 16% on a year-over-year basis and down 10% sequentially as revenue declined across all end markets.

TXN

2 minute read

What’s Going On With Tesla Stock Ahead Of Earnings Tuesday?

By Adam Eckert

April 23, 10:32 AM

Tesla shares hit new 52-week lows on Monday, a day ahead of earnings. The stock has been facing heavy selling pressure in recent months due to waning EV demand trends. The EV maker has reported weak quarterly results in two straight quarters and many analysts are concerned the company will turn in disappointing results after the bell.

TSLA

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Movers
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Cleveland-Cliffs, Nucor Shares Are Sliding Tuesday: What’s Going On?

By Adam Eckert

April 23, 9:12 AM

After the market close on Monday, Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346 billion, according to Benzinga Pro. The company reported adjusted earnings of 18 cents per share, which missed analyst estimates of 22 cents per share. Steel shipments came in at 3.9 million net tons in the first quarter.

CLF

1 minute read

Movers
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Affirm Stock Drops As Walmart Rolls Out New Payment Options: The Details

By Adam Eckert

April 23, 9:11 AM

Affirm shares are trading lower Tuesday following a report indicating Walmart's majority-owned startup One has started offering buy now, pay later services.

AFRM