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Tesla (TSLA:NASDAQ) share falls 10% as series of price cuts hurt earnings

April 22, 2023globalstocksnews

Shares of Tesla (TSLA:NASDAQ) FINISHED 9.75% lower, a day after the company reported declining earnings and margins from recent price cuts implemented to [...]

Branson’s Virgin Orbit (VORB:NASDAQ) files for bankruptcy

April 12, 2023globalstocksnews

Shares of Virgin Orbit (VORB:NASDAQ) sank 23% Tuesday after the space satellite company filed for Chapter 11 bankruptcy protection. Virgin Orbit also said [...]

Alibaba (BABA:NYSE) to split companies into six groups in radical overhaul

March 31, 2023globalstocksnews

Alibaba (BABA:NYSE) stocks soared to close 14.26% higher in extended trading Tuesday after the company announced a significant overhaul to split the tech [...]

Shares of GameStop (GME:NYSE) pop after surprise earnings beat

March 25, 2023globalstocksnews

Shares of GameStop (GME:NYSE) popped more than 45% in extended trading Tuesday after the video game retailer posted a quarterly profit for the [...]

Costco (COST:NASDAQ) proving to be a long-term value play for investors

March 3, 2023globalstocksnews

Costco (COST:NASDAQ) posted fiscal second-quarter earnings results Thursday after market close that mostly beat expectations. As consumers sought out value and moved away [...]

Wall Street posts its worst performance of the year as Home Depot (HD:NYSE) and Walmart (WMT:NYSE) issue bleak forecasts

February 22, 2023globalstocksnews

Wall Street posted its worst performance of the year on Tuesday, with the main benchmarks ending down as investors interpreted a rebound in [...]

DoorDash (DASH:NYSE) jumps on earnings, Applied Materials (AMAT:NASDAQ) Q1 performance shows bright spots for chip market

February 17, 2023globalstocksnews

DoorDash (DASH:NYSE) shares jumped 7% after the online food delivery company reported a revenue beat and upbeat guidance. The company’s fourth-quarter revenue [...]