Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
Facebook (FB) is ramping up its video efforts. Beginning today, the company is launching a video feature called Watch. It will offer original, programming and make it easier for users to find videos outside their feed.
A couple of recent IPOs are out with quarterly results this morning. Blue Apron (APRN) shares fell in early trading after dishing out mixed results in its first earnings report as a public company. Even though the meal kit maker saw a big jump in revenue from a year ago, it reported a much wider-than- expected loss. The stock has had a rough time since going public in June, trading way below its IPO price of $10 a share.
Canada Goose (GOOS) reported a smaller-than-expected loss last quarter, and revenue also beat analysts’ estimates as sales shot up nearly 80% from a year ago. The upscale outerwear retailer is also planning on opening flagship stores across the globe including stores in Tokyo, London and Chicago.
Delta Air Lines (DAL) is on investors’ watch list. Barclays started coverage on the airline stock with an overweight rating and a price target of $70 a share. The firm believes the valuation is attractive.
Tesla (TSLA) is grabbing headlines once again. The electric car maker is reportedly planning on testing its long-haul, electric semi-truck soon. The truck would be able to drive itself and move in groups that follow a lead truck. Tesla is already in talks with the California and Nevada DMV’s about regulations and licensing. Back in April, CEO Elon Musk tweeted that the truck is set to unveil in September.