Here are the Key Events Today for Investors and Traders
Here are the key events and economic data that investors and traders are monitoring on Thursday.
First at 8:30 a.m. ET, the Labor Department
Here are the key events and economic data that investors and traders are monitoring on Thursday.
First at 8:30 a.m. ET, the Labor Department
Tesla stock finished 0.93% higher at $222.20 after the announcement of the third-quarter financial results. The company reported earnings of $1.05 per share in line with expectations and the revenue came up to $21.45 billion slightly below the consensus.
Netflix Inc (NFLX) reported strong third-quarter results that topped market expectations. The third-quarter revenue came up to $7.93 billion, a 5.9% increase year-over-year ($7.48 billion in the same period a year ago)
Apple reportedly will cut the production of the iPhone 14 Plus just two weeks after the start of production as it wants to evaluate the demand for the iPhone 14 Plus model which is cheaper
Roblox shares jumps today after the company reported strong September metrics. RBLX is 20.04% higher at $42.69.
Ripple trades lower for the third consecutive trading session, giving up 0.44% at 0.4725. Brad Garlinghouse the Ripple CEO, estimates that the SEC lawsuit case to come to an end in the first months of 2023
Beyond Meat is under heavy selling pressure for one more day after the announcement that it plans to cut 200 employees by the end of the year which is almost 19% of its workforce and issued a revenue warning.
UnitedHealth (UNH) shares rise today after the company’s financial results for the third quarter beat Wall Street expectations. Revenue came up to $80.89 billion an 11% increase and topping the forecasts of $63.77 billion.
Forex market and the U.S dollar index trying to stabilize after yesterday’s sell-off and a strong rebound in the equities markets. The U.S CPI came in at 8.2%, year over year, above the consensus of 8.1%.
Netflix posted strong gains today after the announcement earlier that its new ad-supported service, “Basic with ads”, will start on November 3 in the U.S. for $6.99 per month.
