Netflix shares slump on revenue outlook, Tesla’s stock slips on margin fears, and other stocks on the move

Stock gainers International Business Machines Corp.’s IBM, +2.72% stock rose 2.9% after the tech giant reported better-than-expected second-quarter profit.

Zions Bancorp. ZION, +9.47% shares jumped 8% after the regional bank reported a profit that topped expectations, with executives citing a rebound in customer deposits but higher resulting costs. Tesla Inc. TSLA, -6.86% shares dropped 7.3% after the electric-vehicle maker beat Wall Street analysts for its second quarter but not in the blowout fashion that some market observers were expecting.

Equifax Inc. EFX, -9.46% shares fell 10.2% after the credit-reporting company reduced its full-year forecast, blaming a weak mortgage market.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Netflix shares slump on revenue outlook, Tesla stock slips on margin fears and other stocks on the moveTesla, Netflix and United Airlines are among the stocks that are active.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Tesla earnings: What to expect from the Cybertruck makerTesla earnings arrive Wednesday amid a rally for Tesla stock and Cybertruck's arrival.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Tesla’s Elon Musk says his new company xAI will ‘enhance’ Tesla valueTesla Inc. Chief Executive Elon Musk said that his new venture, a startup focusing on artificial intelligence, will not compete with the EV maker but instead...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Nasdaq futures slide as Tesla and Netflix results damp earnings optimismNasdaq futures were underperforming early Thursday, after results from Tesla and Netflix were not well received by traders.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »