Investing.com -- International Business Machines (NYSE:IBM) reported third-quarter earnings that exceeded analyst expectations, but shares fell 4% in after-hours trading Wednesday as investors focused on the company’s tempered revenue growth outlook...
Continue ReadingIBM (IBM) stock is under pressure in Wednesday's extended-hours trading despite topping third quarter operating earnings estimates ($2.65 per share vs. estimates of $2.41) and revenue projections ($16.33 billion vs. $16.1 billion). The stock price has dropped by as much as 5% at the time of this video's posting. Synovus VP and Senior Portfolio Manager Daniel Morgan helps Market Domination Overtime host Josh Lipton parse through the earnings release and the revenue of IBM's individual business segments. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime...
Continue ReadingTesla's profit fell during the third quarter, sending the electric-vehicle maker's shares about 1.4% lower in after-hours trading. Here are some of the key figures in the release: Net income fell 37% in the third quarter, despite U...
Continue ReadingTesla earnings missed but Elon Musk is on tap. The key indexes fell Wednesday as AI stock leaders came under pressure...
Continue ReadingRevenue surged on strong demand ahead of the U.S. EV tax-credit expiration, yet profit and margins were squeezed...
Continue ReadingTesla's (TSLA) third-quarter earnings fell more than expected, while the electric vehicle manufactur...
Continue ReadingTesla's profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit...
Continue ReadingThe electric-vehicle maker’s net income fell 37%, even as American shoppers raced to buy electric vehicles before a $7,500 federal tax credit expired last month...
Continue ReadingThird quarter earnings season is ramping up, and analysts expect S&P 500 companies grew their profits by 8% during the quarter...
Continue ReadingTesla reported a return to revenue growth in the third quarter as buyers rushed to take advantage of expiring tax credits, though earnings slightly missed analysts' estimates...
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