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Is there a reason to own Tesla stock near term given the headwinds? RBC answers

Shares in Tesla (NASDAQ:TSLA) fell sharply on Wednesday after the automaker reported Q2 earnings and auto margins that missed analyst expectations.The stock plunged more than 12% on the day, erasing n

Investing.com

Jul 25, 2024

This top AI-picked stock is up 12.6% in premarket, poised for further gains today

Investing.com — While most investors give back some of their year-to-date gains on the worst day for the S&P 500 since December 2022, others are booking fantastic profits on lesser-known, be

Investing.com

Jul 25, 2024

Sanofi lifts FY guidance after strong Q2 results

Investing.com - Sanofi (EPA:SASY) (NASDAQ:SNY) stock rose Thursday after the French drugmaker lifted its full-year profit forecast after strong second-quarter results, based on strong demand for blo

Investing.com

Jul 25, 2024

STMicroelectronics N.V. slumps on weak Q2, cuts outlook

Investing.com – Shares of STMicroelectronics N.V. (EPA:STMPA) (NYSE:STM) plunged after the semiconductor solutions provider revised its full-year outlook. The company now anticipates revenues between

Investing.com

Jul 25, 2024

Unilever shares soar on strong H1 results, margin expansion

Investing.com -- Unilever (AS:ULVR) shares surged on Thursday after the consumer goods giant reported a strong first half of 2024, beating market expectations. The company reported underlying sales gr

Investing.com

Jul 25, 2024

Bill Ackman's top stock UMG crashes 26% after results, Citi downgrades

Universal Music Group (AS:UMG), in which Bill Ackman’s Perishing Square (NYSE:SQ) Capital holds a significant stake, saw its shares crash more than 26% Thursday after releasing quarterly results.The c

Investing.com

Jul 25, 2024

Stellantis NV shares tumble on weak H1 results

Investing.com – Shares of Stellantis (LON:0QXR) NV (NYSE:STLA) took a hit on Thursday after the automaker reported a decrease in both net profit and adjusted operating income for the first half of 202

Investing.com

Jul 25, 2024

Nestlé's lowered guidance weighs on shares despite solid half-year performance

Investing.com – Shares in consumer goods giant Nestlé SA (SIX:NESN) declined on Thursday after it lowered its full-year sales growth guidance, amid price declines.While the KitKat maker reported solid

Investing.com

Jul 25, 2024

Jefferies: Geopolitics biggest risk to markets, remain positive for H2

Geopolitics present the biggest risk to markets due to escalating tensions in the Middle East and the persisting conflict between Russia and Ukraine, Jefferies strategists said Thursday.Strategists ex

Investing.com

Jul 25, 2024

FTSE 100 opened in red today; U.K. shares down at market open

Investing.com – U.K. equities started with losses on Thursday, with falls in majority of sectors, the most notable ones being the Mining, Electricity, Mobile Telecommunications, Support Services

Investing.com

Jul 25, 2024

Chipotle says it is taking steps to address portion size controversy

Investing.com-- Chipotle Mexican Grill Inc (NYSE:CMG) said on Wednesday that the fast food chain will commit to keeping portion sizes uniform across all its restaurants, addressing a slew of social me

Investing.com

Jul 25, 2024

Memory chip giant SK Hynix Q2 profit tops estimates on AI boom

Investing.com-- SK Hynix Inc (KS:000660) clocked a stronger-than-expected profit in the second quarter, boosted chiefly by higher revenues as the rapidly growing artificial intelligence industry rampe

Investing.com

Jul 24, 2024

ServiceNow lifts guidance Q2 results beats estimates

Investing.com -- ServiceNow lifted its annual subscription revenue guidance after reporting Wednesday better-than-expected results and the software maker announced that chief operating officer CJ Desa

Investing.com

Jul 24, 2024

Exclusive: BMTX introduces cash back offers for BankMobile Vibe in pact with Kard

Pennsylvania-based FinTech BM Technologies (BMTX) is set to enhance its BankMobile Vibe Checking Account with a new rewards engine powered by Kard, the first rewards-as-a-service API.The company said

Investing.com

Jul 24, 2024

UBS: "Foldable iPhones" not likely to drive iPhone demand

Investing.com - According to an analyst note from UBS on Wednesday, Apple Inc (NASDAQ:AAPL) could be working on a "foldable" iPhone that could be released as early as 2026. The Information's website s

Investing.com

Jul 24, 2024

Bausch Health tanks 23.3% on unconfirmed report of bankruptcy filing

Investing.com - Bausch Health Companies Inc (NYSE:BHC) shares shed 23.3% on Wednesday following an unconfirmed report from Reorg.com that the company is negotiating a potential prepackaged Chapter 11

Investing.com

Jul 24, 2024

Rosenblatt lowers estimates on CrowdStrike, says long-term thesis intact

Investing.com - The recent global IT outage caused by a faulty software update at CrowdStrike Holdings Inc (NASDAQ:CRWD) has prompted analysts at Rosenblatt to revise their projections for FY25 and FY

Investing.com

Jul 24, 2024

Bank of America lifts dividend by 8.3%; announces $25B stock repurchase program

Investing.com - Bank of America Corp (NYSE:BAC) has announced an increase in its quarterly dividend to $0.26 per share, an 8.3% rise from the previous dividend of $0.24. This brings the annualized div

Investing.com

Jul 24, 2024

Why Super Micro Computer (SMCI) stock just dropped

Super Micro Computer (NASDAQ:SMCI) today announced that it will present its fiscal fourth-quarter results on Tuesday, August 6, after market close. SMCI stock dropped 1.5% on the news as investors wer

Investing.com

Jul 24, 2024

Chipotle Mexican Grill tops analyst expectations; shares rally

Chipotle Mexican Grill (NYSE: NYSE:CMG) shares jumped 10% as the company reported a robust second quarter, surpassing Wall Street expectations with an earnings beat and a significant increase in margi

Investing.com

Jul 24, 2024

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