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After the lukewarm reception to Tesla Inc's (NASDAQ: TSLA) Batter Day, the next catalyst will be the release of third-quarter deliveries by the EV maker.The Tesla Analyst: Wedbush analyst Daniel Ives maintained a Neutral rating with a $475 price target. Ives Says Tesla Poised For Q3 Beat: Tesla likely had a very strong end to the quarter culminating in deliveries of over 140,000 versus the Street forecast of 136,000, Ives said in a Wednesday note. This could put quarterly EPS in the range of 55-60 cents, the analyst said. The bottom-line number, if achieved, is commendable, as it has come against a soft macro backdrop, with competitors across the board struggling to meet expectations, he said. The quarter's strength comes from massive underlying demand in China, specifically for the Model 3 vehicles, Ives said. China has been the "star of the show" in September, the analyst said. China Model 3 Uptake...
Frontrunners Pfizer, with BioNTech, and Moderna are all slated to have early indications of their candidate’s effectiveness by the end of the month, at earliest....
Yahoo Finance's Adam Shapiro team breaks down the latest travel woes as the airlines await more stimulus and cruise lines are stuck in port for another month....
Olin Corporation (NYSE:OLN), might not be a large cap stock, but it saw a significant share price rise of over 20% in......
(Bloomberg) -- Royal Dutch Shell Plc dropped to the lowest in 25 years a day after announcing a companywide overhaul, demonstrating the scale of the challenge the biggest oil companies face convincing investors about their green ambitions.Along with its European peers, Shell is embarking on a transformation to become a cleaner, greener company with much fewer assets in oil by the middle of the century. While many investors have welcomed the new direction, others question a pivot into less-profitable renewablesShell’s B shares closed at 907.3 pence on Thursday, the lowest level since November 1995. It’s London-based competitor BP Plc also fell to a 25-year low for a second week running, closing at 218.2 pence.The Anglo-Dutch major announced Wednesday as many as 9,000 job losses by the end of 2022, which it predicts will result in cost savings of as much as $2.5 billion dollars. The redundancies are part of a wider...
Palantir and Asana shares pull back after its successful trading debut on Wednesday. Yahoo Finance's Adam Shapiro shares the details....
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) saw a decent share price growth in the teens level on the NASDAQGS over......
