Tesla Inc. (NASDAQ: TSLA) has been making waves lately. Its third-quarter earnings report was a big hit, sending its stock prices soaring. The company beat its earnings per share (EPS) estimates by a solid $0. 12, with non-GAAP EPS coming in at $0. 72. This isn't surprising for those who follow the
Tesla's Full Self-Driving (FSD) software package has been gaining popularity, especially after the Cybertruck reveal. Analysts predict that the company will soon see nearly $1 billion in deferred revenue from FSD over the next year. Recently, Tesla recognized $326 million from FSD in the past quarte
Investing in Google before they release their earnings report can be a tricky decision. Many investors, including a seasoned equity research analyst, prefer to stay cautious and wait for the earnings announcement to understand how the company's management handles any uncertainties. This analyst, who
Meet Eric Beiley, a wise investment strategist who recently shared his thoughts on the stock market with Quartz. He highlighted that tech giants like Apple and Amazon are thriving and likely to continue doing so. When asked about artificial intelligence (AI), Beiley acknowledged it as a significant
In a big leap, Reddit's shares surged by 22% in after-hours trading. The reason? The company's third-quarter earnings report was a hit, with profits jumping way higher than expected. Let's break it down. Reddit made 16 cents per share, while people were expecting a loss of 7 cents. That's a big dea
Pfizer, one of the world's largest pharmaceutical companies, surprised many analysts with its third-quarter earnings. The company reported earnings of $1. 06 per share, well above the expected $0. 61. Sales also exceeded expectations, coming in at $17. 7 billion compared to the projected $14. 92 bil
Are you curious why Home Depot keeps thriving no matter what the economy throws at it? Renowned financial expert Jim Cramer has some interesting insights. He calls Home Depot a special stock – both secular and cyclical. That means Home Depot doesn't just rely on economic booms; it can keep growing e
On Tuesday, markets in the Asia-Pacific region mostly rose, following the lead from Wall Street. Japan's Nikkei 225, for instance, inched up by 0. 77% and closed at 38, 903. 68, building on the previous day's gains. This happened even though Japan's ruling party, the Liberal Democratic Party, lost i
In a surprising turn of events, a federal bankruptcy judge in Delaware admitted an error in a previous ruling on Yellow Corp’s pension claims. The company, which filed for bankruptcy in August 2023, was initially told that its shareholders might have to pay out more than expected for pension claims.
Tesla's stock prices soared by 16% after their latest earnings report for Q3 2024 showed better profit margins. That's good news for now, but is it enough to justify the sky-high valuation? Tesla's electric vehicle (EV) business is definitely making them money, but what about their plans for autonom
