A bearish analyst reversed Thursday's gain, which was inspired by an equally bullish Wall Street firm.
Shares of defense industry giant Lockheed Martin (NYSE: LMT) tanked Tuesday morning, trading down by 12.1% as of 12:32 p.m. EDT even though the company reported a sizable earnings beat. Lockheed Martin's earnings plunged by 65% year over year to $2.21 per share in the third quarter -- a result that easily surpassed analysts' consensus projection for earnings of $1.97 per share. Without that charge, it would have earned nearly $7 a share and grown its earnings nearly 11% when calculated according to generally accepted accounting principles (GAAP).
Cortexyme said Tuesday it narrowed the pool for its Alzheimer's drug after only certain patients responded. But CRTX stock could dive.
Shares of artificial intelligence-powered fintech provider Upstart (NASDAQ: UPST) got shook up on Tuesday, down 10% as of 3 p.m. EDT after investment bank Jefferies revoked its buy rating on the stock and downgraded Upstart to hold. The analyst also worries that at present valuations -- it has a $25 billion market cap -- Upstart's stock price already "reflects strong and successful market penetration in the personal and auto loan categories over the next few years."
What happened Shares of Ocugen (NASDAQ: OCGN) were skyrocketing 22.1% higher as of 11:28 a.m. EDT on Tuesday. The big jump came as investors anxiously awaited a meeting today of the World Health Organization's technical advisory committee.
Yahoo Finance's Emily McCormick breaks down the numbers to know from Alphabet's Q3 earnings report.
Jared Blikre, Yahoo Finance, goes in depth with the chipmaker's earnings.
After a mixed week, failure to hit fresh highs could put the pair under pressure in the week ahead…
If you can't beat them, join them.
It's been an amazing 10-year ride for Tesla investors — literally better than any other stock. The wealth created is hard to fathom.
Dan Howley, Yahoo Finance, talks the social media platform's recent earnings and advertising impact after the company misses revenue expectations slightly.
QuantumScape reported a surprise third-quarter profit, driven by an accounting change. Nonetheless, progress in developing solid-state lithium anode EV batteries is what moves the stock.
The Dow Jones gained as Disney stock rose. Tesla stock joined the $1 trillion club, while the Donald Trump SPAC took a plummeted.
When it comes to investing success, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is in a class of his own. Buffett may not be infallible, but he's helped create more than $600 billion in shareholder value for the company's shareholders since taking the helm in 1965. As a whole, Berkshire Hathaway's shares have averaged an annual gain of 20% over the past 56 years, leading to an aggregate gain of better than 3,300,000%.
Regardless of what the officials do, you can take action to protect your portfolio.
These stocks are either immune to inflation or stand to benefit, the Mad Money host says.
The growth stock's slide continued today as a Cathie Wood ETF revealed it was selling shares of the company.
Alphabet said that its third-quarter revenue jumped 41% year over year to $65.12 billion, outpacing Wall Street estimates.
Tesla's CEO and crypto proponent Elon Musk said he has no investment in Shiba Inu.
Shares of Visa Inc. gained slightly in the aftermarket after the payments giant topped earnings and revenue estimates while boosting its quarterly dividend.
Shares of Facebook (NASDAQ: FB) sank 3.9% on Tuesday, following the release of the social media giant's third-quarter results. Facebook's revenue jumped 33% year over year to $29 billion, driven by continued growth in its core digital ad business. Facebook's monthly active users of 2.91 billion and average revenue per user of $10 also fell short of consensus estimates of 2.93 billion and $10.15.