Chinese EV Maker Zeekr Soars Nearly 35% in Stellar US Market Debut
Zeekr's shares rose almost 35% above their initial public offering price on Friday in a strong start for the electric-vehicle maker, the first major U.S. market debut by a China-based company since 20
CBS and other well-known properties would be sold if Sony and Apollo are able to buy Paramount. But the new owners would keep the movie studio.Sony and Apollo plan to keep the Paramount movie studio a
Australian shares dropped 0.4 per cent at the open as Commonwealth Bank’s March quarter profit prompted investors to sell the lender and its banking peers.Multiple retailers also fell on trading updat
Post-Bell | Dow Ends Higher for 6th Session; Arm Drops 10% after Earnings; Shopify Drops 19%; Tesla Declines 2%
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept b
Is Tesla A Buy or A Sell With Shares Rallying 20% Since Q1 Earnings Amid Strategy "Realignment"?
Tesla stock is angling lower, falling around 30% so far this year, but shares have surged recently following the EV giant's first-quarter earnings and revenue report on April 23. However, uncertainty
Q1 2024 Earnings On Mon, 29 Apr 2024, $SoFi Technologies Inc.(SOFI)$ reported its Q1 2024 results. They did not disappoint: (see below) Earnings per share: $0.02 adjusted vs. $0.01 expected. Revenue (GAAP): gained +37% YoY at $645 million vs $472 million (2023), vs $556 million expected. 2nd Quarter reporting Profits. Q2 2024 Forecast. Earnings per share: revised higher at between $0.08 & $0.09 vs $0.08 expected. Revenue: estimated between $555 to $565 million, vs $581 million expected. As a result of having an outlook “lower” than Wall Street’s, it suffered the same fate as $Intel(INTC)$. SoFi stock price fell by -10.48% to closse at $7.05 per share. Earnings Analysis SoFi’s revenue stream comes from