by Jamie Johnson | Oct 25, 2019 | Markets
The company blamed technology issues for its lackluster earnings. This week, shares of Twitter dropped after the company’s third-quarter earnings report fell short of Wall Street expectations. The company blamed the earnings miss on technology problems related to its...
by Jamie Johnson | Oct 24, 2019 | Markets
Tesla’s shares jumped more than 20% after the company showed that it’s finally becoming profitable. This week, Tesla released its third-quarter earnings report, and the results were much better than investors were expecting. The company’s free cash flow, gross margin,...
by Dorian Holden | Oct 24, 2019 | Markets
Investors are fearful of a significant slowdown. Just moments ago, we learned U.S. durable goods orders slipped 1.1% in September 2019. In fact, orders fell for the first time in three months thanks to weakness in manufacturing. Economists were looking for...
by Dorian Holden | Oct 24, 2019 | Markets
Some of the top earnings reports to be aware of include: Tesla Inc. (TSLA) Tesla was back in black for the third quarter. The company said it earned $143 million in the third quarter, or 80 cents a share compared with $311 million, or $1.82 a year earlier. ...
by Jamie Johnson | Oct 23, 2019 | Markets
Snap’s earnings and user growth beat expectations, but its shares still fell 3%. Snap had momentum on its side as it into its third-quarter earnings this week. The company’s shares are up 150% year to date, and Wall Street considers the stock a moderate buy. However,...
by Dorian Holden | Oct 23, 2019 | Markets
House Speaker Nancy Pelosi just introduced a plan to lower prescription drug prices, as we reported in September 2019. At the time, we noted the plan would empower Medicare to negotiate prices on up to 250 of the most expensive drugs on the market, including insulin....
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