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HomeBusiness

Business

Tesla stock rises after Trump victory, reaches $ one trillion, web investors thrilled, CWEB reports

Tesla (TSLA) stock rose by 15 percent on Wednesday after multiple media houses including CWEB called Donald Trump as the winner of the 2024 presidential elections that were held on November 5. President-elect Donald Trump also effusively praised CEO Elon...

Wheaton Precious Metals Corp. (NYSE:WPM) Financial Overview

Earnings Per Share (EPS) for Q3 2024 stood at $0.34, indicating positive growth from the previous year. The company's Price-to-Earnings (P/E) ratio is 51.13, reflecting high market confidence. WPM's current ratio is 26.86, showcasing strong liquidity and financial stability. Wheaton Precious Metals...

NRG Energy, Inc. (NYSE:NRG) Stock Price Target Shows Positive Trend

The consensus price target for NRG Energy, Inc. (NYSE:NRG) has increased over the past year, indicating a favorable outlook. Several factors, including operational improvements and strategic initiatives, may contribute to the positive trend in price targets. NRG Energy is set to...

Xeris Biopharma Holdings, Inc. (NASDAQ:XERS) Overview

The consensus price target for Xeris Biopharma's stock has been on an upward trend, indicating analyst optimism. Craig-Hallum has set a higher price target of $6.5 for Xeris Biopharma, suggesting potential for significant stock appreciation. Xeris Biopharma reported a 25% increase...

Block Shares Fall 2 percent as Q3 Revenue Misses Estimates

Block (NYSE:SQ) saw its shares decline by around 2% in pre-market today following third-quarter earnings that met expectations but revenue missed analyst targets. The company reported adjusted earnings per share of $0.88, aligning with projections, but revenue fell short...

Lucid Shares Gain 7 percent as Q3 Results Beat Expectations

Lucid Group (NASDAQ:LCID) saw its stock rise over 7% in pre-market today after reporting third-quarter results that exceeded expectations. The electric vehicle maker posted $200 million in revenue, surpassing the analyst forecast of $196.47 million, and delivered 2,781 vehicles,...

Expedia Shares Surge 8 percent on Q3 Earnings Beat

Expedia Group (NASDAQ:EXPE) saw its stock jump more than 8% in after-hours trading after reporting third-quarter earnings that exceeded analyst forecasts and issuing an optimistic full-year guidance. The online travel giant posted adjusted earnings per share of $6.13, edging...

Canopy Growth Corporation’s Financial Performance and Market Position

Earnings per Share (EPS) significantly missed expectations, reporting at -$1.09 compared to the anticipated -$0.27. Revenue growth was strong, with $54.7 million reported, surpassing estimates due to a significant increase in the Storz & Bickel segment and continued growth in...

Rivian’s Cost Cuts and Production Progress Outshine Q3 Revenue Miss

Electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) posted its third-quarter results that missed analyst revenue expectations but showcased significant strides in cost reduction and production targets. The company reported revenue of $874 million, below the anticipated $1.01 billion, and posted an...

Airbnb Offers Optimistic Outlook Amid Mixed Q3 Results, Shares Drop 4 percent

Airbnb (NASDAQ:ABNB) presented an optimistic forecast for the fourth quarter, though its third-quarter results came in mixed, with earnings narrowly missing expectations. Shares of the vacation rental giant fell more than 4% in after-hours trading, reversing an earlier rally...

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