Why Is Uber Rival Stock Lyft Shooting Higher Wednesday?
Lyft stock jumps 24% after reporting strong Q4 results, beating expectations with $1.2B in sales and 17% growth in bookings. Analyst upgrades to Neutral.
Tower Semiconductor Embarks on Business Overhaul After Q4 Performance, Stock Gains
Tower Semiconductor reported Q4 revenue of $351.71M, beating consensus. Adjusted EPS of $0.55 also beat consensus. Company is optimizing operations and expects Q1 revenue of $325M.
Walmart Eyes Vizio Acquisition to Supercharge Its Smart TV and Advertising Game
Walmart Inc (WMT) is potentially buying Vizio Holding Corp (VZIO) for over $2 billion, expanding its advertising capabilities and competing with Amazon.
Sony Stock Gains After it Sets Stage for Financial Division’s 2025 IPO
Sony Group Corp (NYSE: SONY) reported 22% sales growth in Q3 FY23, beating consensus. Adjusted EPS of $1.99 also beat expectations. Playstation 5 sales lowered to 21 million units, while financial arm to be listed in Oct 2025.
Lithia Motors Navigates Mixed Q4 Results: Sales Up But Fall Short Of Expectations, Steady EPS And New Dividend
Lithia Motors Inc (LAD) reported Q4 sales of $7.67B, missing analyst consensus of $7.95B. Adjusted EPS was $8.24. Vehicle sales increased, gross margin decreased, and a dividend of $0.50 was approved.
Qualcomm’s Soaring Success with iPhone Modem Deal – Analyst Eyes Higher Valuation
Piper Sandler analyst maintains Overweight rating on Qualcomm (QCOM) with $165 PT. QCOM is a premier tech play with strong opportunities in IoT and automotive. Clarifies misconceptions and expects higher valuation in the long term.
What’s Going On With Exxon Mobil Stock Tuesday?
Exxon Mobil Corp (XOM) faces accusations from climate activist investors for using bullying tactics and undermining shareholders' rights.
Temu vs. Shein: Battle Intensifies as Temu Woos Sellers, Targets Amazon and Walmart
PDD's Temu, a Chinese online marketplace, is attracting manufacturers previously tied to rival Shein as it expands to challenge Amazon and Walmart.
Why Is Datadog Stock Trading Lower Tuesday?
Datadog stock drops after Q4 results beat expectations, with revenue growing 26% YoY and strong customer growth. Lower outlook for Q1 and FY24.
Why Is Paramount Stock Trading Lower Tuesday?
Paramount Global (NASDAQ: PARA) to reduce workforce by 3% (800 employees) to streamline operations after record viewership for Super Bowl.