MarketWatch MGM Resorts reports surprise loss, stock drops Casino resort operator MGM Resorts International (MGM) reported a surprise loss for its third quarter, and shares fell 5% after hours on Wednesday following the results. The company reported a net loss of around $1.06 billion, or $1.45 per share, compared with a $1.34 billion profit, or… Continue reading Alibaba, JD.com, Nio extend rally in Chinese stocks amid continued hope for relaxing COVID rules
Author: Yarhow_Finance Online News
Berkshire Hathaway sells BYD stock
Reuters U.S. jobs picture mixed as Fed policymakers ponder rate-hike pivot Federal Reserve policymakers were provided only a few signs of encouragement on Friday as new data showed another month of robust U.S. job gains, underscoring concerns their campaign to hike interest rates to bring down high inflation has yet to really bite in the… Continue reading Berkshire Hathaway sells BYD stock
Why Fisker Shares Dropped Then Rebounded Today
Motley Fool Better Buy: Microsoft vs. Alphabet Tech giants Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT) were among the companies that posted disappointing quarterly results and saw their stock prices subsequently plunge. With powerful brands such as Windows, Office, Android, and Google between them, Alphabet and Microsoft have had unquestionable impacts on consumer… Continue reading Why Fisker Shares Dropped Then Rebounded Today
Fisker’s Stock Is Dropping. Don’t Blame Its Results.
Motley Fool Why Upstart, SoFi, and Lemonade Plunged Today Shares of newly public fintech companies Upstart Holdings (NASDAQ: UPST), SoFi Technology (NASDAQ: SOFI), and Lemonade (NYSE: LMND) were plunging today, down 5.2%, 9.3%, and 3.1%, respectively, as of 1:25 p.m. ET. It wasn’t a good first half of the trading day for growth stocks in general,… Continue reading Fisker’s Stock Is Dropping. Don’t Blame Its Results.
New Report Highlights Eaton’s Efforts To Become a Model of Inclusion and Diversity in Its Industry
DUBLIN, IRELAND / ACCESSWIRE / November 3, 2022 / As part of its ongoing commitment to becoming a model of inclusion and diversity (I&D) in its industry, intelligent power management company Eaton (NYSE:ETN), released its second annual Global Inclusion and Diversity Transparency report. The report details the progress the company has made in achieving its… Continue reading New Report Highlights Eaton’s Efforts To Become a Model of Inclusion and Diversity in Its Industry
Zacks Industry Outlook Highlights Eaton Corporation, Emerson Electric and AZZ
For Immediate Release Chicago, IL – November 3, 2022 – Today, Zacks Equity Research discusses Eaton Corporation plc ETN, Emerson Electric Co. EMR and AZZ Inc. AZZ. Industry: Manufacturing – Electronics Link: https://www.zacks.com/commentary/2012433/3-manufacturing-electronics-stocks-to-watch-amid-industry-woes Strength across end-markets, thanks to continued expansion in manufacturing activities, bodes well for the Zacks Manufacturing – Electronics industry. Despite an increase,… Continue reading Zacks Industry Outlook Highlights Eaton Corporation, Emerson Electric and AZZ
BorgWarner (BWA) Upgraded to Buy: Here’s What You Should Know
BorgWarner (BWA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates — one of the most powerful forces impacting stock prices. A company’s changing earnings picture is at the core of the Zacks rating. The… Continue reading BorgWarner (BWA) Upgraded to Buy: Here’s What You Should Know
George Soros Stock Portfolio: Top 10 Large-Cap Stock Picks
In this article, we discuss the top 10 large-cap stock picks from George Soros’ stock portfolio. If you want to see more stocks in this selection, check out George Soros Stock Portfolio: Top 5 Large-Cap Stock Picks. George Soros, a Hungarian-American businessman, founded Soros Fund Management in 1970. Soros Fund Management is a New York-based… Continue reading George Soros Stock Portfolio: Top 10 Large-Cap Stock Picks
Aptiv PLC (APTV) Q3 Earnings and Revenues Beat Estimates
Aptiv PLC (APTV) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 23.08%. A quarter ago, it was expected that… Continue reading Aptiv PLC (APTV) Q3 Earnings and Revenues Beat Estimates
UPDATE 2-Aptiv beats estimates on price hikes, auto demand
(Compares with estimates, adds quote, background) Nov 3 (Reuters) – Auto parts supplier Aptiv Plc beat analysts’ estimates for third-quarter results on Thursday, aided by price hikes and as auto makers ramped up production to meet rising demand for vehicles. Auto component suppliers have been raising prices across the board to shift the burden of… Continue reading UPDATE 2-Aptiv beats estimates on price hikes, auto demand