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The meta drop gives a false picture of returns. We are increasing our price target


The meta drop gives a false picture of returns. We are increasing our price target

Don't let the after-hours market action fool you, Meta Platforms delivered a really strong third quarter and a current quarter revenue report that was above expectations. Revenue rose nearly 19% year-on-year to $40.59 billion in the three months ended Sept. 30, beating expectations of $40.29 billion, according to analyst estimates compiled by LSEG. Third-quarter earnings […]

Apple (AAPL) Q4 2024 Earnings Report


Apple (AAPL) Q4 2024 Earnings Report

Apple CEO Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, USA, on September 9, 2024. Manuel Orbegozo | Reuters Apple's fiscal fourth-quarter results beat Wall Street's expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge […]

Ford's third-quarter profit will be hit by the cancellation of its electric SUV


Ford's third-quarter profit will be hit by the cancellation of its electric SUV

DETROIT (AP) — Stubbornly high warranty costs and sluggish cost-cutting efforts are holding back Ford Motor Co.'s profits this year, prompting the company to cut its full-year profit forecast. This sent the company's share price down 6% in trading after the closing bell on Monday. The Dearborn, Mich., automaker, which reported its third-quarter results on […]

Tesla (TSLA) Q3 2024 Earnings Report


Tesla (TSLA) Q3 2024 Earnings Report

Tesla CEO and X-owner Elon Musk speaks during a Tesla product unveiling event on October 10, 2024 in Los Angeles, California, USA Source: Tesla | Youtube Tesla reported third-quarter profit on Wednesday that beat analysts' estimates, although revenue fell just short of expectations. Here's what the company reported compared to Wall Street's expectations, based on […]

Boeing (BA) Q3 2024 earnings


Boeing (BA) Q3 2024 earnings

Workers demonstrate outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, U.S., on Thursday, Oct. 3, 2024. David Ryder | Bloomberg | Getty Images BoeingKelly Ortberg, the new CEO of , said the company needs to become leaner and improve quality, a vision he laid out for the struggling aircraft maker ahead […]

The plunge in ASML shares shaves over $50 billion from the Dutch chip giant's value


The plunge in ASML shares shaves over  billion from the Dutch chip giant's value

An ASML symbol is displayed on a smartphone and an ASML chip is visible in the background. Photo only | Photo only | Getty Images Shares in the semiconductor equipment manufacturer ASML fell 16% on Tuesday after the Dutch company reported financial results a day early and gave disappointing sales forecasts. According to CNBC calculations […]

ASML's 2025 outlook shows US chip export restrictions impacting sales in China


ASML's 2025 outlook shows US chip export restrictions impacting sales in China

An ASML symbol is seen on a circuit board next to the flags of the United States and China in this photo illustration taken in Brussels, Belgium, on January 4, 2024. Jonathan Raa | Photo only | Getty Images ASML gave a first glimpse Tuesday of how U.S. restrictions on exports of its advanced chip-making […]

Tesla stock plunges after Elon Musk's robotaxi event disappoints


Tesla stock plunges after Elon Musk's robotaxi event disappoints

Investors hoped Tesla's long-awaited robotaxi demonstration would deliver on substance as well as style. On Thursday, Elon Musk showed off real vehicles and humanoid robots walking among guests — not just a dancer in a robot bodysuit, like at the company's “AI Day” three years ago — but many analysts remained unimpressed. At a glitzy […]

Levi (LEVI) Q3 2024 earnings


Levi (LEVI) Q3 2024 earnings

Justin Sullivan | Getty Images Denim-crazy consumers are reaching out Levi Strauss & Co for new jeans, but the company's overall business is being weighed down by the Dockers brand, which the company is now considering selling, the company announced Wednesday. Levi's brand sales rose 5% in the fiscal third quarter – its biggest gain […]