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Apple Stock Fell 2% on Q4 and FY ’23 Results, Price Downgrades

The Apple Inc (NASDAQ: AAPL) stock price fell 2.22% after the tech giant released its Q4 earnings results for the three months ended September 30, 2023. The company generated revenues worth $89.5 billion, marking a 1% decline

Apple store
Simon Mugo
Pinterest Stock Price Surged 16.06% on Upbeat Q3 FY23 Earnings

The Pinterest Inc (NYSE: PINS) stock price surged 16.06% after unveiling its third-quarter financial results for the three months that ended September 30, 2023. Pinterest reported a significant 11% increase in third-quarter r

Pinterest logo
Simon Mugo
JetBlue Airways Stock Price Fell 9.52% on Q3 FY23 Revenue Miss

The JetBlue Airways Corporation (NASDAQ: JBLU) stock price fell 8.10% after reporting its financial results for the third quarter of 2023. The company generated revenues worth $2.35 billion during the quarter, narrowly missin

Jetblue plane
Simon Mugo
McDonald’s Stock Price Rose 2.70% on Upbeat Q3 ’23 Revenues

The McDonald's Corp (NYSE: MCD) stock price rose 2.70% after releasing its third-quarter financial results, which were better than expected. The multinational fast-food chain achieved a remarkable 8.8% increase in global comp

McDonalds outlet
Simon Mugo
SoFi Technologies Stock Price Rallied 9.75% on Q3 2023 Results

The SoFi Technologies Inc (NASDAQ: SOFI) stock price rallied 9.75% after releasing its Q3 earnings results for the three months ended September 30, 2023. The fintech company reportedly generated revenues worth $537.2 million,

SoFi Office
Simon Mugo
Amazon Stock Price Gapped Up 6.7% on Upbeat Q3 Earnings Results

The Amazon.com, Inc. (NASDAQ: AMZN) stock price gapped up 6.67% after releasing its Q3 earnings results as the company recorded impressive financial results, with net sales reaching $143.1 billion, marking a 13% increase comp

Amazon delivery
Simon Mugo
Intel Stock Price Rallied 7.35% Despite Its Q3 ’23 Revenues Falling

The Intel Corporation (NASDAQ: INTC) stock price rallied 7.35% after releasing its third-quarter earnings results, where it reported total revenue of $14.2 billion, which represented an 8% decline compared to the previous yea

Intel Core chipset
Simon Mugo
Royal Caribbean Stock Price Rose Up to 3% on FY Profits Increase

The Royal Caribbean Cruises Ltd (NYSE: RCL) stock price rose to 3% during premarket trading after the cruise ship operator announced its third-quarter results. The company has increased its full-year profit forecast for the t

Royal Caribbean
Simon Mugo
IBM Stock Price Edged Higher on Positive Q3 FY23 Earning Results

The IBM Common Stock (NYSE: IBM) stock price edged 0.96% higher after releasing its Q3 earnings results, as the company demonstrated robust revenue growth, with total revenue reaching $14.8 billion, representing a substantial

IBM Watson AI
Simon Mugo
Facebook (META) Stock Price Fell 3.9% Despite Upbeat Q3 Profits

The Meta Platforms Inc (NASDAQ: META) stock price fell 3.85% premarket following its Q3 2023 earnings results, which were much better than expected. The social media company generated revenues worth $34.15 billion, surpassing

Meta logo
Simon Mugo
Cazoo Share Price Fell 1.62% on Its Q3 FY 2023 Earnings Results

The Cazoo Group Ltd (NYSE: CZOO)stock price fell 1.62% after the UK online user car retailer announced its financial results for the three months ended September 30, 2023. The company generated revenue worth £173 million, in

Cazoo Customer Centre Liverpool
Simon Mugo
Spotify Stock Price Rallied 10.4% on Impressive Q3 2023 Profits

The Spotify Technology SA (NYSE: SPOT) stock price rallied 10.4% after achieving an unexpected profit for the first time in over a year, reporting a net income of Є65 million ($69.1 million), equivalent to Є0.33 per share.&nb

Spotify Office
Simon Mugo
Agilysys (AGYS) Stock Surged 23.87% on Q2 Fiscal 2024 Results

The Agilysys, Inc. (NASDAQ: AGYS) stock price surged 23.87% after releasing the earnings results of the second quarter of its 2024 financial year ended September 30, 2023. The company’s total net revenue substantially increas

Agilysys Office
Simon Mugo
Nvidia Stock Inches Higher As It Moves To Challenge Intel PC Chips

The NVIDIA Corp (NASDAQ: NVDA) stock price inched higher after news reports emerged that the chip manufacturer, a dominant player in the AI and data centre sectors, was making a strategic move to challenge Intel’s dominance i

Nvidia Chip
Simon Mugo
Coca-Cola Q3 Earnings, Revenue Top Expectations

Coca-Cola (NYSE: KO) topped analyst consensus expectations when it reported third-quarter earnings before the open on Tuesday. The beve

Coca cola bottles
AskTraders Team
Roche (RHHBY) Stock Price Edged Lower on Telavant Acquisition

The Roche Holding AG (OTCMKTS: RHHBY) stock price edged lower after unveiling plans to purchase Telavant Holdings in a deal valued at $7.1 billion. Telavant is renowned for its production of pharmaceuticals targeting patients

Roche Sign
Simon Mugo
Chevron’s (CVX) Stock Fell 3.40% on the $53Bn Hess Acquisition

The Chevron Corporation (NYSE: CVX) stock price fell 3.40% after announcing plans to acquire US oil and gas producer Hess Corporation in a $53bn all-stock deal. The move demonstrates Chevron’s commitment to fossil fuels as it

Chevron Corporation
Simon Mugo
Palatin Technologies Stock Rose 6.13% on Upbeat Q1 Vyleesi Data

The Palatin Technologies, Inc. (NYSEAMERICAN: PTN) stock price rose 6.13% after announcing the preliminary fiscal year 2024 first quarter ended September 30, 2023, results for Vyleesi® product revenue.

Palatin Technologies logo
Simon Mugo
XORTX Therapeutics (XRTX) Stock Soared 97% Despite No News

The XORTX Therapeutics Inc (NASDAQ: XRTX) stock price soared 97.05% despite the lack of significant news releases from the clinical-stage biopharmaceutical company. The last significant news from the company was regarding the

XORTX Therapeutics Inc
Simon Mugo
Johnson & Johnson (JNJ) Stock Price Fell on Q3 Results

The Johnson & Johnson (NYSE: JNJ) stock price fell 2.15% on Wednesday after its Q3 2023 earnings results were released. The company reported better-than-expected results and raised its guidance for the fiscal year. This i

johnson and johnson jnj
Simon Mugo
Tesla Share Price Plunged 7.23% on Weak Q3 Profits and Revenues

Tesla Inc's (NASDAQ: TSLA) share price plunged 7.23% after reporting a net income of $1.9 billion for the third quarter that ended on 30 September 2023, marking a 44% decrease from the previous period. Despite this, the elect

best tesla competitors
Simon Mugo
Netflix Shares Rallied on Q3 Earnings, Subscriber Surge – Analysts Bullish

The Netflix Inc (NASDAQ: NFLX) share price rallied 13.43% as of 6:50 ET after the movie-streaming company reported significant growth in subscriber numbers, primarily attributed to efforts to crack down on password-sharing an

Netflix
Simon Mugo
Shift Technologies’ Stock Price Soared 120%+ Despite Bankruptcy

The Shift Technologies, Inc. (NASDAQ: SFT) stock price soared 120%+ after the company filed for Chapter 11 bankruptcy protection in the United States and ceased operations at its two locations and website. The company’s demis

Shift Technologies logo
Simon Mugo
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