USA news

On Friday, Tesla Inc. (NASDAQ:TSLA) shares advanced to trade at a new all-time high of $910, pushing its market cap above $900 billion. The current rise in the stock price is driven by the company’s impressive quarterly results announced on Wednesday. Tesla posted FQ3 non-GAAP earnings…

On Friday, Snap Inc. (NYSE:SNAP) shares plummeted more than 25% after its FQ3 revenue failed to match analyst estimates. The company announced its most recent quarterly results Thursday after markets closed, beating consensus Street estimates on earnings. Snap posted Q3 non-GAAP earnings per share of $0.17,…

On Friday, Robinhood Markets Inc. (NASDAQ:HOOD) shares fell by 2.7% after announcing crypto wallet sign-ups have surpassed 1 million. The company said the waitlist for the cryptocurrency feature launched earlier this month had reached an important milestone.  Robinhood is following in the footsteps of Coinbase Global…

On Friday, Roper Technologies Inc. (NYSE:ROP) shares gained 2.4% in market value after announcing its most recent quarterly results. The company reported mixed FQ3 results, beating the EPS estimate while coming short of the consensus revenue forecast. ROP posted FQ3 non-GAAP earnings per share of $3.91,…

Moderna Inc (NASDAQ: MRNA) has been a darling for global investors amidst the pandemic. But it failed to maintain a similar reputation at Deutsche Bank on Friday. Papadakis initiates Moderna with a ‘sell’ rating In a note this morning, Deutsche’s Emmanuel Papadakis dubbed Moderna a “concept stock” as he…

Robinhood Markets Inc (NASDAQ: HOOD) claims to be an industry disruptor as it democratized finance for everyone, but the New York Times bestselling author, Charles Duhigg, is not convinced of what it’s doing. Duhigg’s remarks on CNBC’s ‘TechCheck’ On CNBC’s “TechCheck”, Duhigg warned that Robinhood was essentially training…

Mattel Inc (NASDAQ: MAT) shares are up more than 5.0% on Friday after the toy company reported market-beating results for its fiscal third quarter and raised its guidance for the full year. Highlights from CEO Kreiz interview with Bloomberg In an interview with Bloomberg, CEO Ynon Kreiz agreed…

On Friday, the Simply Good Foods Co. (NASDAQ:SMPL) stock spiked nearly 7% after announcing solid fiscal third-quarter results. The company reported its most recent quarterly revenue and earnings before markets opened, surpassing analyst expectations.  The company posted fiscal Q3 non-GAAP earnings per share of $0.29, beating…

On Friday, V.F. Corp (NYSE:VFC) shares declined after releasing its most recent quarterly results. The company announced its fiscal Q2 revenue and earnings before markets opened, missing analyst expectations. However, VFC raised marginally raised its quarterly dividend to $0.50 per share from $0.49, implying an exciting…

On Friday, Intel Corporation (NASDAQ:INTC) shares plummeted more than 10% following Thursday’s disappointing revenue miss. The company reported its fiscal Q3 results after markets closed, beating earnings expectations. Intel also raised its FY2021 earnings expectations, significantly surpassing Street forecasts. The company posted non-GAAP earnings per share…

Shares of Beyond Meat Inc (NASDAQ: BYND) are down 15% on Friday morning after the plant-based meat substitutes company slashed its revenue guidance for the fiscal third quarter, citing multiple headwinds, including the delta variant of the coronavirus. Beyond Meat’s revenue guidance for Q3 Beyond Meat now forecasts its…

On Friday, American Express Co. (NYSE:AXP) shares advanced higher after announcing its most recent quarterly results. The company reported solid fiscal third-quarter revenue and earnings, beating the consensus for Street expectations.  AXP CEO Stephen J. Squeri said he expects the company to maintain sustainable long-term growth,…

Snap Inc (NYSE: SNAP) is down roughly 25% on Friday morning after its Q3 revenue came in short of expectations as Apple’s privacy changes weighed on its advertising business. But Hightower’s Stephanie Link is still reluctant in buying the dip. Link’s remarks on CNBC’s ‘Squawk Box’ On…

Shares of Snap Inc (NYSE: SNAP) tanked nearly 30% in after-hours trading after the company reported lower-than-expected revenue for its fiscal third quarter, blaming iPhone’s privacy update that weighed heavily on its advertising business. Morningstar’s Mogharabi comments on the price action On CNBC’s “Closing Bell”, Morningstar’s Ali Mogharabi…

On Thursday, Sight Sciences Inc. (NASDAQ:SGHT) shares rallied more than 12% after reporting positive TearCare data. SGHT is exploring how TearCare could be used for localized heat therapy in adult patients with evaporative dry eye disease due to meibomian gland dysfunction. The…

On Thursday, PayPal Holdings Inc. (NASDAQ:PYPL) shares fell by 5.3% extending declines since reports emerged about a potential Pinterest Inc. (NYSE:PINS) acquisition to over 10%.  Bloomberg reported on Wednesday citing sources familiar with the matter that the fintech platform was exploring options to acquire…

IBM Corp (NYSE: IBM) is down a little under 10% on Thursday after the computer hardware company reported yet another miss on revenue last night, and Ritholtz Wealth Management’s Josh Brown says now is as good a time as any to sell the stock. Brown’s reasons to sell IBM…

On Thursday, reports emerged that Donal Trump is planning to launch his own social media platform, dubbed TRUTH Social. The former US President was banned from Twitter Inc. (NYSE:TWTR) and suspended by Facebook Inc. (NASDAQ:FB) after his supporters stormed the US Capitol.

On Thursday, Lam Research Corp (NASDAQ:LRCX) shares declined by 2.32% after announcing its most recent quarterly results. The company reported its FQ1 earnings Wednesday after markets closed, beating the average for analyst estimates. However, Lam’s revenue for the quarter fell short of expectations despite posting solid…

On Thursday, SLM Corp (NASDAQ:SLM) shares advanced by nearly 3% after announcing its most recent quarterly results. The company reported its fiscal Q3 revenue and earnings Wednesday after markets closed, beating analyst expectations. Sallie Mae also boosted its quarterly dividend by a whopping 267% to $0.11…

Inflation has made roughly 41% of the individual U.S. investors more “cautious” about the stock market, but Corvex Capital’s Keith Meister says it’s “not bad for all stocks”. Meister’s remarks on CNBC’s ‘Halftime Report’ On CNBC’s “Halftime Report”, Meister said inflation was bad only for a handful of…

Shares of TriState Capital Holdings Inc (NASDAQ: TSC) jumped 30% on Thursday after Raymond James Financial Inc (NYSE: RJF) said it will buy the bank holding company for $1.10 billion in cash and stock. The announcement comes a day after TriState Capital reported its financial results for…