Tesla share’s value was expected to decline following the sustained cryptocurrency crash in the past few months.
RBC Capital Markets experts believe that the staff layoff is not the solution to the numerous challenges the company is currently facing.
Following his takeover of Twitter, Elon Musk has sold 19.5 million more Twitter shares worth $3.95 billion.
The TRIP stock came under pressure as the company flagged a slowdown in revenue for Q4. for the ongoing quarter, TripAdvisor expects the revenue to rise in the low-single-digit range from 2019.
Disney added 12.1 million subscribers during this period, pushing their total subscribers to 164.2 million, exceeding analysts’ expectations of 160.45 million.
On Monday, DWAC jumped 24% and helped lift other Trump-linked stocks as investors anticipate a likely 2024 presidential run.
Apart from its US business, Palantir is also confident that its abroad markets are performing well.
Jack Dorsey’s Block saw its shares jump more than 11% in extended trading session on an impressive Q3 2022 outing.
Paypal currently comes off as one of the dominant fintech firms in the United States, and it has a strategy of expanding its available product suite to meet all classes of users.
Following its fiscal Q4 2022 financial reports, Starbucks expects its revenue to grow between 10% to 12% in fiscal 2023.
eBay has broadened the categories on its platform to include pre-owned sneakers and jewelry. However, the company’s executives warned of future uncertainties.
Multi-trading facilitator Robinhood reported a smaller-than-expected loss for Q3 2022 primarily due to the underperformance of riskier assets.
Airbnb had a good Q3 2022 outing, but considers that prevalent macroeconomic headwinds may impact its Q4 performance.
While it remains cautious per its current quarter, EA Sports said it is positively aligned to deliver stronger growth over the long term.
For the coming quarter, AMD is looking forward to approximately $5.5 billion in revenue.