Author: Yahoo

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Tesla just did something stunning, analysts say

Tesla just did something stunning, analysts say

Tesla just did something stunning, analysts say Tesla’s first quarterly earnings call on Wednesday night without CEO Elon Musk (by his own design) was as boring as watching a Pinto head down a quarter mile track for time.  But Wall Street pros say that the lack of Musk’s presence didn’t really matter, the more important...

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Notable Contextlogic Insider Trades $370K In Company Stock

Notable Contextlogic Insider Trades $370K In Company Stock

Notable Contextlogic Insider Trades $370K In Company Stock Piotr Szulczewski, Founder And CEO at Contextlogic (NASDAQ:WISH), made a large buy and sell of company shares on October 18, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Piotr Szulczewski exercised options to purchase...

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Oil Slips From 7-Year High Amid Broader Commodities Decline

Oil Slips From 7-Year High Amid Broader Commodities Decline

Oil Slips From 7-Year High Amid Broader Commodities Decline (Bloomberg) — Oil fell from a seven-year high amid a stronger dollar and broad-based retreat in industrial commodities. Most Read from Bloomberg Futures in New York declined as much as 1% on Thursday after holding at the highest since 2014 this week. Commodities including iron ore...

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Why Jim Cramer Is Calling The Bottom For AT&T's Stock

Why Jim Cramer Is Calling The Bottom For AT&T's Stock

Why Jim Cramer Is Calling The Bottom For AT&T's Stock Shares of AT&T Inc (NYSE: T) are trading slightly higher—although volatile— following better-than-expected third-quarter financial results. What Happened: AT&T reported quarterly adjusted earnings of 87 cents per share, which beat the estimate of 78 cents per share. The company reported quarterly revenue of $39.92 billion,...

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AT&T CEO John Stankey Sees “No Surprises” As WarnerMedia-Discovery Deal Awaits Approval, No Letup In HBO Max “Foot Race” To Reach Scale

AT&T CEO John Stankey Sees “No Surprises” As WarnerMedia-Discovery Deal Awaits Approval, No Letup In HBO Max “Foot Race” To Reach Scale

AT&T CEO John Stankey Sees “No Surprises” As WarnerMedia-Discovery Deal Awaits Approval, No Letup In HBO Max “Foot Race” To Reach Scale AT&T CEO John Stankey said the approval process for a deal to shed WarnerMedia and merge it with Discovery “is consistent with what we would have expected as we walked into it.” Speaking...

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Why IBM Shares Are Falling Today

Why IBM Shares Are Falling Today

Why IBM Shares Are Falling Today International Business Machines Corp (NYSE: IBM) is trading lower Thursday after the company announced worse-than-expected third-quarter revenue results. IBM reported quarterly earnings of $2.52 per share, which beat the estimate of $2.50 per share. The company reported quarterly revenue of $17.6 billion, which came in below the estimate of...

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Tesla Posted Record Earnings. It Has Reached ‘Escape Velocity.’

Tesla Posted Record Earnings. It Has Reached ‘Escape Velocity.’

Tesla Posted Record Earnings. It Has Reached ‘Escape Velocity.’ Electric-vehicle giant Tesla reported record operating profits Wednesday evening. Wall Street sounds blown away by its profit margins. Andrew Caballero-Reynolds/AFP via Getty Images Tesla reported record operating profits for the second consecutive quarter. Things are going pretty well for the electric-vehicle giant. “Folks want to buy...