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Tesla, Twitter, Adobe and More: U.S. Stocks To Watch

Benzinga2022-06-16

Some of the stocks that may grab investor focus today are:

Tesla raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues.

The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.

Elon Musk will host an all-hands virtual meeting with Twitter, Inc. employees on Thursday. Musk is expected to confirm his desire to follow through with his $44 billion acquisition of Twitter to employees of the company.

Wall Street expects The Kroger Co. to post quarterly earnings at $1.30 per share on revenue of $44.24 billion before the opening bell. Kroger shares gained 2.8% to $52.30 in after-hours trading.

Rockley Photonics Holdings Limited disclosed changes to its senior management team. The company said Mahesh Karanth will resign from his role as chief financial officer, while naming Chad Becker as interim CFO. The company promoted Ciaran Rooney to senior vice president of corporate development and reaffirmed its fiscal year 2022 revenue forecast. Rockley Photonics shares jumped 5% to $2.31 in the after-hours trading session.

Analysts are expecting Jabil Inc. to have earned $1.62 per share on revenue of $8.22 billion for the latest quarter. The company will release earnings before the markets open. Jabil shares gained 1.1% to $59.45 in after-hours trading.

Safehold Inc. boosted its quarterly stock dividend by 4.12% to $0.177 per share. Safehold shares rose 0.2% to $36.29 in the after-hours trading session.

Analysts expect Adobe Inc. to post quarterly earnings at $3.31 per share on revenue of $4.34 billion after the closing bell. Adobe shares gained 1.1% to $381.00 in after-hours trading.

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