News

Oct 26
Texas Instruments stock slides on weaker-than-expected Q4 outlook

Texas Instruments Inc.’s TI, stock slid 4.58% before market open on Wednesday, weighed down by the chip maker’s fourth-quarter outlook. The company reported strong third-quarter results after market close on Tuesday, but forecast weaker-than-expected fourth-quarter earnings and revenue. Texas Instruments expects fourth-quarter earnings between $1.83 and $2.11 a share on revenue of $4.4 billion to […]

Oct 26
Boeing stock moves lower premarket after Q3 loss widens and revenue misses by almost $2 billion

The Boeing Co. stock BA, -6.75% fell 1.5% in premarket trade Wednesday, after the company’s third-quarter loss widened and revenue missed consensus estimates by almost $2 billion. The aerospace giant had a net loss of $3.308 billion, or $5.49 a share, for the quarter, wider than the loss of $132 million, or 19 cents a […]

Oct 26
Mobileye valued at over $21 billion as stock opens 27% above IPO price, and keeps rising

Mobileye Global Inc. MBLY, +28.55% was cheered by investors on its Wall Street debut on Wednesday, as shares of the autonomous driving spinoff of Intel Corp. INTC, -0.62% opened 27.2% above the initial public offering price. The company was valued at about $16.7 billion and raised $861.0 million, as it said late Tuesday that it […]

Oct 26
Bed Bath & Beyond names interim CEO Sue Gove as CEO

Bed Bath & Beyond Inc. BBBY, -0.76% on Wednesday named Sue Gove as president and chief executive officer. She has been interim CEO of the retailer since June. The board of directors of the Union, N.J., company unanimously approved the appointment. Bed Bath & Beyond said Gove will focus on executing the company’s strategic plan […]

Oct 26
Harley-Davidson stock rallies after big profit and revenue beats

Shares of Harley-Davidson Inc. HOG, +11.49% rallied 1.4% in premarket trading Wednesday, after the motorcycle maker reported third-quarter profit and revenue that beat expectations by wide margins, citing a “strong recovery” in global motorcycle shipments. Net income rose to $261 million, or $1.78 a share, from $163 million, or $1.05 a share, in the year-ago […]

Oct 26
The cryptocurrency market digest (BTC, Ripple, BITO). Overview for 26.10.2022

Finally, the day has come when we have something to say about the BTC. Over the last 24 hours, the leading crypto has grown quite a bit. On Wednesday, it is mainly fluctuating near 20,326 USD. The BTC even rose to 20,415 USD. This was due to an increase in the US stock indices: the […]