Tesla, Amazon, Coinbase, Palo Alto, Walmart: Why These 5 Stocks Are Drawing Investors' Attention Today

Benzinga2023-02-22

ZINGER KEY POINTSCoinbase reported fourth-quarter revenue of $629.1 million, which came in ahead of a Street estimate of $586.2 million.Palo Alto's second-quarter revenue increased 26% year-over-year ...

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MilWha
2023-02-22
MilWha
YIppee 🙃
YueShan
2023-02-22
YueShan
Good 🌟🌟🌟
VivianChua
2023-02-22
VivianChua
Ok
AuntieAaA
2023-02-22
AuntieAaA
NICE
Brando741319
2023-02-22
Brando741319
Good
来人
2023-02-22
来人
Ok

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The S&P Global Purchasing Manufacturer's index returned to expansion for the first time in eight months in February, reported Reuters. A downbeat forecast by Home Depot Inc, too, added to the sell-off. Investors are now waiting for Federal Reserve’s February meeting minutes scheduled to be released on Wednesday. Meanwhile, here are the five stocks that are drawing investors’ attention.1. Tesla Inc: Shares of Tesla closed 5.25% lower on Tuesday. The company has halted plans to manufacture entire batteries in Brandenburg, Germany, and will instead implement some production steps in the United States where tax incentives are more favorable, reported Reuters, citing the Brandenburg economy ministry.2.Amazon.com, Inc.: Shares of Amazon closed 2.7% lower on Tuesday. The U.S. Federal Trade Commission will not register a complaint aimed at stopping Amazon’s plan to purchase primary care provider One Medical, reported Reuters, citing an FTC official.3. Coinbase Global Inc: Shares of Coinbase closed 4.8% lower on Tuesday. Coinbase reported fourth-quarter revenue of $629.1 million, which came in ahead of a Street estimate of $586.2 million, according to data from Benzinga Pro. However, the company reported a loss of $2.46 per share in the fourth quarter, which missed a Street estimate of a loss of $2.39 per share.4. Palo Alto Networks Inc: Shares of the company closed 1.41% lower but gained 7.51% in extended trading. The company’s second-quarter revenue increased 26% year-over-year to $1.66 billion, which beat consensus estimates of$1.65 billion.5. Walmart Inc: Shares of Walmart closed 0.61% higher. 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