Stock Upgrades and Downgrades October 2022
Stock Upgrades and Downgrades from Wall Street analysts for October 2022.
Credit Suisse (CSGN) Slumps as Asset Outflows Continue
Credit Suisse stock slumps close to all-time low on Wednesday as the Swiss bank warns of a loss in the current quarter and the asset outflows continue.
Here is Why Best Buy (BBY) Rally Today
Best Buy reported today earnings results that beat the market consensus both in the top and bottom lines.
Here are the key points:
Tesla (TSLA) Hits 2-Year Low
Tesla (TSLA) is trading 5.63% lower at $169.98 amid a series of vehicle recalls, and the rising number of Covid-19 cases in China. Tesla stock hit today its lowest level since November 23, 2020.
Here is Why Carvana (CVNA) Stock Collapse
Carvana (CVNA) stock crash continues as the company announced that will lay off 1,500 employees, amid a dismal economic environment that the company failed to predict. The news came as the stock is already down 96% in 2022.
NVIDIA (NVDA) Third Quarter Earnings
Nvidia reported third-quarter earnings figures disappointing investors in EPS but the revenue beat expectations. Nvidia’s revenue came to $5.93 billion, beating the analyst’s expectations of $5.80 billion.
Here is Why Palantir (PLTR) is Under Selling Pressure
Palantir Technologies Inc. (PLTR) stock is under selling pressure today after Fast Radius (FSRD) filed for chapter 11. Palantir bought 2 million Fast Radius shares at $10 each for a total cost of $20 million.
The Week Ahead 14/20-11-2022
October PPI is expected at 8.4 on yearly basis from 8.5 in September. The core PPI is forecasted at 7.2 same as the previous month.
Nio (NIO) Third Quarter Earnings
Nio reported third-quarter earnings below the analyst’s expectations with wider losses and higher revenues, amid the covid supply disruptions in China.
Five9, Inc. (FIVN) Third Quarter Earnings
Five9 (FIVN), the San Ramon, California-based company reported financial results for the third quarter that ended September 30, 2022. The revenue beat the estimates but the fourth quarter and full-year guidance disappointed investors.
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