Shares of United Airlines Holdings, Inc. ticked higher on Wednesday’s extended trading session as it expects to turn a profit in the second quarter. The Chicago-based airline soared 7.59% or 3.53 points to $50.05 per share. It followed an upturn of 1.24% or 0.57 points to $46.52 per share in the regular hours market. Accordingly, …
United Airlines stocks climb on solid Q2 guidance Read More »
Tesla Inc’s first-quarter earnings results raced past market expectations on Wednesday as higher vehicle prices helped insulate the firm from rising material costs. The leading electric vehicle maker reported quarterly revenue of $18.76 billion, compared with the forecasted $17.80 billion. Subsequently, automotive revenue reached $16.86 billion, representing an 87.00% increase from last year. Regulatory credits …
Tesla surges past mounting costs with EV price hikes Read More »
Notesco UK Limited, the operator of IronFX’s United Kingdom operations, has seen a major increase in Revenue for 2021. According to the latest Companies House filing, the broker generated $863,071 last year – more than double the $431,449 it generated in 2020. Despite an increase in operating expenses, IronFX UK ended the year with an …
International Business Machines (IBM) anticipates hitting the top end of its revenue growth forecast for 2022 on cloud strength. The century-old technology company said it would hit the higher end of its mid-single-digit revenue growth forecast for this year. It expected the increase to mainly come from the consulting business. Meanwhile, analysts, on average, expect …
IBM foresees upbeat 2022 revenue on cloud strength Read More »
Shares of Netflix Inc. widely plunged on Tuesday post-trading after reporting its first decline in paid users in more than a decade. The leading streaming company tanked 25.73% or 89.71 points to $258.90 per share. This movement completely reversed its previous gain of 3.18% or 10.75 points to $348.61 per share. In addition, it dragged …
Gold futures were beneath 0.24% to $1,981.70 by 11:59 PM ET (3:59 AM GMT) after rising to $1,998.10 on Monday. The war in Ukraine continues, and inflation concerns mount. But gold gave up most of Monday’s gains as the dollar and U.S. 10-year Treasury yields set. That $2,000 per ounce is quite a crucial level. The fact …
The dollar index, which gauges the dollar versus six other currencies, climbed past 101 for the first time in more than two years. It edged 0.07% lower at 100.74, down 0.1% at 0825 GMT. The dollar’s gains have been most striking versus the yen, climbing to its highest level of 128.32 yen against the Japanese …
Elon Musk took a swipe at the board of Twitter on Monday after the firm adopted a poison pill, a limited duration shareholder rights plan. The move aims to prevent the billionaire from buying the social network. Under the new structure, the online platform opted to sell shares at a discount. This would stop any …
Musk targets board as Twitter lays out poison pill Read More »
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