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[Winners Announcement:24 Oct ]
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This time $Tesla Motors(TSLA)$ rise 21.92%.There were 53 Tigers that answered correctly and successfully shared 1000 Tiger coins, with each Tiger getting 19 Tiger coins as a reward! Tiger coins have been issued! Congratulations!
Below are Today's Key Takeaways.
Top News Move the Market
The Nasdaq and the S&P 500 gained on Thursday, driven by Tesla's positive earnings forecast and a decline in Treasury yields from a three-month high, which buoyed market sentiment despite declines from some corporate results.The Dow Jones Industrial Average fell 140.59 points, or 0.33%, to 42,374.36, the S&P 500 gained 12.44 points, or 0.21%, to 5,809.86 and the Nasdaq Composite gained 138.83 points, or 0.76%, to 18,415.49.
$DexCom(DXCM)$ — Shares slid nearly 7%, despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat. Dexcom also reaffirmed full-year revenue guidance that encompassed FactSet’s estimate.
$L3Harris Technologies, Inc.(LHX)$ — The defense stock climbed 4% after posting a third-quarter beat on both the top and bottom lines. L3Harris reported adjusted earnings of $3.34 per share on revenue of $5.29 billion, while analysts polled by LSEG had expected $3.26 per share on $5.28 billion in revenue.
$Western Digital(WDC)$ — The data storage device maker popped 8.9% after fiscal first-quarter adjusted earnings came in at $1.78 per share, while analysts polled by LSEG estimated $1.72 a share. On the other hand, the company saw $4.1 billion in revenue, slightly under the $4.12 billion consensus forecast.
Elon Musk’s Wealth Soars $34 Billion as Tesla Comes Roaring Back
Elon Musk added $33.5 billion to his net worth Thursday as Tesla Inc. shares posted their biggest gain in more than a decade, extending the world’s richest man’s lead atop the Bloomberg Billionaires Index.
Shares ended the day up 22% and turned positive for the year after the automaker reported its largest quarterly profit since the summer of 2023. Musk forecast as much as 30% growth in vehicle sales next year on a webcast following the release, and announced that the Cybertruck generated a quarterly profit for the first time.
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