in extended trading after the company released its first-quarter earnings. Tesla said it had earnings of $1.24 per share on revenue of $5.99 billion, while analysts expected a loss of 36 cents per share with revenue of $5.90 billion. This was the third consecutive quarter Tesla has posted a profit.— The e-commerce retailer's stock whipsawed and fell 3% in extended trading after eBay revealed its first-quarter financial results.
The company reported earnings of 77 cents per share excluding some items on revenue of $2.37 billion, while Wall Street expected earnings of 72 cents per share on revenue of $2.32 billion, according to Refinitiv.— Shares of the orthodontic device manufacturer tumbled 5% in extended trading after the company posted its first-quarter financial results. Align Technology reported earnings of 73 cents per share excluding some items on revenue of $551 million.
Should be read
How much work is done by quants right now? I was thinking about it before bed last night, and didn’t see what prior events they could base their decision making on. I have also seen a few stocks rise together on similar patterns that a computer might think, but maybe not a human.
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La source: CNBC - 🏆 12. / 72 Lire la suite »
European stocks head for mixed open as falling oil prices are in focusEuropean markets are heading towards a mixed open Tuesday as falling oil prices remain a focal points for investors. I expect that we are gonna see how Oil becomes 'rubbish' due to low demand and electric vehicles, in the middle and long term. There will be no Rebound which we are gonna see, that's just a 'breather'
La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks rise as governments look at reopening economiesStocks rallied worldwide Monday as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic. This is going to backfire with thousands of extra deaths or more. Science trumps politics. If politicians could fly to the moon they would have done it 2000 years ago. They couldn't. Scientist had to do it.
La source: latimes - 🏆 11. / 82 Lire la suite »
Asia stocks set to rise as Wall Street jumps on lockdown easing hopesAsian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices. NEW: Canada reports 1,605 new cases of coronavirus and 147 new deaths. A total of 48,500 cases and 2,707 deaths. Cut China from The US financial system. Expel Chinese students. No Chinese tourist visas. 100% tariffs on Chinese goods. Sanctions and assets frozen.
La source: Reuters - 🏆 2. / 97 Lire la suite »
U.S. stocks advance as some states reopen for businessWall Street gained more than 1% on Monday at the onset of a hectic earnings week, as investors turned a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic. Good luck with that Maybe employees don't matter as much to the stock market now because robots can do all the little jobs better then ever before... Layoffs mean more profit to many companies seeking automation. Avoid investing in stock market ,utilise these rallies to exit to keep cash on hand ,cash is king in crisis /recession.
La source: Reuters - 🏆 2. / 97 Lire la suite »
Jim Cramer reveals his 'Mad Covid-19 Index' of stocks for this 'tricky environment''You want to remember this list the next time the market rolls over,' the 'Mad Money' host said. I don’t have time to learn them all by tomorrow!!
La source: CNBC - 🏆 12. / 72 Lire la suite »