Tesla is set to report second-quarter earnings after the bell on Tuesday.Here's what Wall Street is expecting based on a survey of analysts by LSEG:Earnings per share: 62 cents expectedRevenue: $24.77 billion expectedAfter a rocky first half of the year, in which Tesla cut more than 10% of headcount and saw...
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. The S & P 500 edged slightly higher Tuesday as investors awaited quarterly earnings releases after the close from influential tech companies. The broad...
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesSales of previously owned homes dropped 5.4% in June compared with May, to 3.89 million units on a seasonally adjusted, annualized basis, according to...
GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors said Tuesday it is again slowing its plans for all-electric vehicles by further delaying a second U.S. electric truck plant and the Buick brand's first...
Feverpitched | Getty ImagesBipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies.The legislation aims to ensure community pharmacies can provide care...
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals.
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty ImagesUnited Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company's shares...
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily...
Coca-Cola beverages are offered for sale in Chicago on April 30, 2024.Scott Olson | Getty ImagesCoca-Cola reported its second-quarter earnings before the bell on Tuesday.Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:Adjusted earnings per share: 84 cents, may not compare with...
A Comcast service van in Miami.Getty ImagesComcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses.Here is how Comcast is expected to perform, according to estimates from analysts surveyed by LSEG:Earnings...