Check out the companies making headlines in postmarket trading. Microsoft — The tech giant slipped 1% after releasing its quarterly results. Microsoft posted earnings of $2.93 per share on $62.02 billion in revenue. Analysts surveyed by LSEG, formerly known as Refinitiv, had expected earnings of $2.78 per share and...
Check out the companies making headlines in midday trading. General Motors — Shares of General Motors rose 8% after the automaker topped Wall Street's estimates on the top and bottom lines and offered strong guidance for 2024. The company reported adjusted earnings of $1.24 per share on $42.98 billion...
Check out the companies making headlines before the bell. Spotify — Shares of the music streaming platform added 2% following an upgrade from UBS to buy from neutral. "We think efficiency initiatives remain the focus and have increased conviction on sustainable margin expansion and stronger bottom line trends in...
Check out the companies making headlines in after-hour trading. Woodward — Shares jumped 5% after the manufacturer surpassed expectations of analysts polled by FactSet on both lines for the fiscal first quarter. Woodward also raised its guidance for full-year performance, offering ranges that included FactSet consensus estimates. Sanmina —...
Check out the companies making headlines in midday trading. McGrath RentCorp — Shares jumped more than 9% after WillScot Mobile Mini, an equipment rental company, said it would buy McGrath RentCorp in a $3.8 billion cash-and-stock transaction. Dollar Tree — Shares of the discount retail chain popped 1% following...
Check out the companies making headlines before the bell. Dollar Tree — Shares of the discount retailer popped nearly 2% after JPMorgan upgraded them to overweight from neutral. The bank cited higher profitability and a larger total addressable market as potential tailwinds. American Airlines — The airline stock added...
Check out the companies making headlines in midday trading. Capital One Financial — Shares rose 4%, reaching a new 52-week high. On Thursday, Capital One posted fourth-quarter revenue of $9.51 billion, while analysts polled by LSEG called for $9.46 billion. Spirit Airlines — Shares of the budget airline tumbled...
Check out the companies making headlines before the bell. Intel — The chipmaker slumped more than 10% after issuing lower-than-expect first-quarter guidance . The company now expects revenue in the range of $12.2 billion to $13.2 billion, while analysts polled by LSEG forecast $14.16 billion. American Express — Shares...
Check out the companies making headlines in after-hours trading. T-Mobile — The telecommunications stock shed 2.9%% after T-Mobile missed on earnings expectations for the fourth quarter, but beat on revenue. The company posted $1.67 per share in earnings, while analysts polled by LSEG expected $1.90 per share. Revenue came...
Check out the companies making the biggest moves midday: Tesla – Tesla shares dropped more than 12%, a day after the EV maker reported weak auto revenue and warned of slower growth in 2024. Several firms cut their share price targets on Tesla and have turned more cautious on...