Tesla, Alibaba, Grab, NIO, Oxford Industries and More: U.S. Stocks To Watch

Tiger Newspress2022-06-09
  • Tesla was proceeding with an online hiring event in China on Thursday and added two dozen new job postings for the country. Moreover, Tesla China exported 22,300 vehicles in May.Its Stocks jumped over 2% in premarket trading.
  • The China Securities Regulatory Commission said today that it did not conduct the evaluation and research work on Alibaba‘s Ant Group's resumption of listing, but supported qualified platform enterprises to list at home and abroad. Its stocks tumbled nearly 5% in premarket trading.
  • Grab's profitability trend looks bright as the company gains increasing clarity on when it can begin to reduce incentive spending, Citi analysts say in a research note. However,its stocks slid nearly 2% in premarket trading.
  • NIO’s Q1 deliveries of vehicles were 25,768, vehicle sales were $1,458.2 million),total revenues were $1,563.4 million, gross margin was 14.6%,  net loss was $281.2 million. For the second quarter of 2022, the Company expects deliveries of vehicles to be between 23,000 and 25,000 vehicles, total revenues will be between $1,473 million and $1,591 million.
  • Wall Street expects Signet Jewelers Limited to report quarterly earnings at $2.38 per share on revenue of $1.80 billion before the opening bell. Signet Jewelers shares fell 1.5% to $61.25 in after-hours trading.
  • Five Below, Inc. reported upbeat earnings for its first quarter, while sales missed estimates. The company also issued a weak forecast for the second quarter. Five Below shares dipped 8.3% to $124.20 in the after-hours trading session.
  • Oxford Industries, Inc. reported better-than-expected results for its first quarter and raised its FY22 guidance. Oxford Industries shares climbed 5.2% to $96.66 in the after-hours trading session.
  • Analysts expect Vail Resorts, Inc. to post quarterly earnings at $9.06 per share on revenue of $1.16 billion before the opening bell. Vail Resorts shares fell 0.5% to close at $256.51 on Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
31