In after-hours trading, stocks of Pfizer jumped as it boosted its full-year sales forecast for its Covid-19 vaccine after posting better than expected third-quarter results. Accordingly, the pharmaceutical firm climbed 0.75% or 0.34 points to $45.79 per share. Subsequently, it followed its Tuesday hike of 4.15% or 1.81 points to $45.45 per share. Moreover, Pfizer …
Pfizer Stocks Rise as it Lifts COVID Vaccine Sales Outlook Read More »
On Tuesday, reports revealed that Apple Inc. recently cut back its iPad production to supply more components to iPhone 13 due to the global chip crunch. The implication of the worldwide supply bottleneck hit harder than previously indicated by the tech giant. Moreover, the business lost 0.11% or 0.16 points to $148.78 in the after-hours …
Apple Trims iPad Production to Allocate Chips to iPhone 13 Read More »
On Tuesday, Asia Pacific shares struggled for direction as the South Korean market-led gains among the region’s major indexes. Accordingly, KOSPI edged up 1.39% or 41.32 points to $3,020.26 per share. Subsequently, heavyweight Samsung Electronics climbed 2.86% or 1.70 points to $61.16 per share. In China, the benchmark Shanghai Composite plummeted 1.25% or 44.30 points …
Asia Pacific Shares Mixed as South Korean Market Led Gains Read More »
On Monday, stocks of Xpeng Inc. soared after the Chinese electric-vehicle maker reported solid sales for October. Its Hong-kong listed shares boosted 2.70% to $23.99, supporting its Friday gain of 1.28% to $23.40 per share. Accordingly, Xpeng posted 10,138 vehicle deliveries last month, representing a 233.00% year-on-year increase. However, it slightly fell from its September …
On Monday, stocks of Tesla surged after it sewed up a three-year deal with Chinese lithium producer Ganfeng. Accordingly, the world’s largest EV firm rocketed 8.49% or 94.59 points to $1,208.59 per share. In the post-market trading, it followed its hike as it rose 0.88% or 10.61 points to $1,219.20 per share. In addition, it …
Tesla Stocks Surge as it Inks Supply Deal with Ganfeng Read More »
On Thursday, stocks of Amazon.com, Inc. tumbled in extended trading after its third-quarter 2021 results badly missed market estimates. Accordingly, the e-commerce giant slumped 4.00% or 137.81 points to $3,308.76 per share. It also opposed its gain of 1.59% or 54.08 points to $3,446.57 per share yesterday. Overall, Amazon’s stocks garnered a total return of …
Amazon Stocks Tumble after it Posts Lame Q3 Results Read More »
On Thursday, the stocks of Samsung Electronics Co. hiked after reporting its highest quarterly profit in three years. The world’s top maker of memory chips and smartphones extended 1.85% or 1.11 points to $60.95 per share. Additionally, it opposed its decline of 1.41% to $59.84 yesterday. Remarkably, its third-quarter revenue edged up 10.00% to a …
Samsung Stocks Hike as Its Q3 Revenue Hits a 3-Year High Read More »
Stocks of Google-parent Alphabet traded lower in the after-hours despite beating third-quarter revenue expectations. Accordingly, Alphabet Inc. Class A dwindled by 0.80% or 21.70 points to $2,764.50 per share. At the same time, it reversed its hike of 1.35% or 37.50 points to $2,786.20 yesterday. Overall, the stock is still 58.00% higher year-over-year as investors …
Alphabet Stocks Down Despite Beating Q3 Revenue Expectations Read More »
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