Virgin Galactic stock has gained approximately 7.22% in the past year but has dropped approximately 20% and 8.9% in the past three months and one month respectively.
Strong earnings reports help US stocks make major gains on Thursday. Stocks across the banking and tech sector registered major gains. Falling jobless numbers added fuel to the rally.
Following a successful initial public offering, GitLab CEO is the largest shareholder with an approximately 19% stake.
Despite the relocation of its headquarters to Texas, Tesla is still acquiring more office space in Palo Alto as it plans to increase output.
According to Netflix, Bridgerton reached 82 million households in its first 28 days of release, compared to Squid Game’s record in 25 days.
Apple stock has gained 16.77%, and 6.65% in the past year and YTD respectively.
MGM stock has gained approximately 130.87%, 54.52%, 21.82%, and 20.57% in the past year, YTD, three months, and one month respectively.
Following the merger between Emerson and AspenTech, the new AspenTech is expected to report annual revenue of $1.1 billion in the 2022 financial year.
Robinhood (HOOD) stock has gained approximately 3%, and 2.21% in the past one month and five days respectively.
The company’s 2.56 million members, as recorded in its last quarterly report show that its closed market system is working.
During the year period that ended on August 31, ASOS reported a 13% growth in active customer base to 26.4 million.
Merck is seeking authorization for emergency use of molnupiravir, an oral administration for early-stage COVID-19 patients. It is in talks with regulators worldwide.
Among the major United States banks that are expected to release Q3 earnings results include JPMorgan Chase, Goldman Sachs, Bank of America, Morgan Stanley, Wells Fargo, and Citigroup.
Despite the pushback with the local authorities regarding its Berlin gigafactory, Brandenburg’s economy minister said Tesla has a 95% chance of obtaining the factory approval.
For the just-ended third quarter, Samsung announced operating profit figures close to 16 million won. However, the figure was lower than expected.