Although you don't get an alert to sell when the market reaches a top, sometimes it becomes pretty obvious, according to Ritholtz Wealth Management's Josh Brown, who believes we are currently in one of those times.
QuantumScape reported a fourth-quarter loss of 23 cents per share, which beat estimates for a loss of 43 cents per share, according to Benzinga Pro. The company reported an adjusted EBITDA loss of $60.7 million in the fourth quarter.
SoundHound shares began surging shortly after the market close on Wednesday as traders circled a new 13-F filing from Nvidia in which the company disclosed a 1.73 million share stake in SoundHound.
Twilio said fourth-quarter revenue increased 5% year-over-year to $1.08 billion, which beat the consensus estimate of $1.04 billion, according to Benzinga Pro. The company reported quarterly earnings of 86 cents per share, which beat analyst estimates of 58 cents per share.
Digital World Acquisition Corp shares are trading higher Thursday after the company announced the U.S. Securities and Exchange Commission declared its registration statement on Form S-4 effective.