Snap (SNAP) Third Quarter Earnings Disappoints
Snap reported the third quarter of 2022 financial results and no forward guidance disappointing investors. Snap revenue increased by 6%
Snap reported the third quarter of 2022 financial results and no forward guidance disappointing investors. Snap revenue increased by 6%
Here are the latest upgrade and downgrades for Tesla and also the target price for TSLA stock.
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.
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.
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.
