Tesla Down 8% on Q3 Production Disappointment
Tesla shares are trading 8.42% lower at $242.58 after the production figures published yesterday by the company disappointed analysts and investors.
Credit Suisse Stock Slump on Financial Strength Concerns
Credit Suisse stock is trading 7.11% lower at 3.64 Swiss Francs (CHF) in Zurich Swiss Exchange as investors worry about the financial health of the bank. Credit Suisse officials spend the weekend on phone calls
How Markets Performed in the First Nine Months of 2022
2022 has been a tough year for investors around the globe as all indices slipped into a bear market. The aggressive rate hikes by the Federal Reserve throughout the year, the Russia-Ukraine war, high inflation
Nike Drops on High Inventories – Low Margins
Nike NKE drops over 10% in premarket trading after the company reported the first fiscal quarter that disappointed investors due to rising inventories and low margins
USDINR Steady After RBI Interest Rate Hike
USDINR is trading unchanged after the central bank of India (RBI) six-member Monetary Policy Committee delivered the third 50 basis point interest-rate hike in its attempt to battle inflation in the country while targeting to protect the economy
Apple Down 4.8% VP of Procurement Leaves The Company
Apple stock was under pressure for the second consecutive trading session as the sell-off in stocks accelerated across the board. S&P 500 is 2.16% lower at 3,639, Nasdaq is 2.84%
Porsche Stock Enters Markets
Porsche a subsidiary of Volkswagen will start trading free on the Frankfurt Stock Exchange. The first day of trading is September 29 making it one of the biggest IPOs
DocuSign (DOCU) plans to lay off 9% of its workforce
DocuSign announced today a restructuring plan which includes the layoff of 9% of its total workforce. The restructuring plan target is to improve the profitability, growth and operating margin.
Netflix NFLX Stock Price Target
Here are some of the top broker’s price targets for Netflix (NFLX) shares and the dates of the target price released. The highest target for Netflix shares is $325 while the lowest target price is at $170.
Eisai and Biogen Present Alzheimer’s Drug Success BIIB and ESALY Rally
Eisai (ESALY) and Biogen Inc. (BIIB) announced that their experimental Alzheimer’s drug slowed the progression of the disease in the latest Phase 3 trial of 1795 patients.
Latest Posts
