Tesla shares pop the most in 6 years after earnings show its building cash, boosting margins
Tesla turned in an unexpectedly profitably third-quarter and better than anticipated progress on its Shanghai factory.
Tesla turned in an unexpectedly profitably third-quarter and better than anticipated progress on its Shanghai factory.
Hershey Co raised its full-year revenue forecast after posting third-quarter results that beat Wall Street estimates on Thursday, driven by price increases and investments in snacking brands.
Duetsche Bank downgraded Ford to hold from buy and lowered its price target to $11 from $12.
Dow Inc beat Wall Street estimates for profit in the third quarter as it cut costs to offset a sharp slowdown in demand for the chemicals it makes for plastics and other manufacturing, sending shares almost 2% higher.
An initial pact on U.S-China trade will include much of a scrapped May deal's agreement regarding intellectual property and will target enforcement mechanisms, White House trade adviser Peter Navarro said on Thursday, adding that he hopes the Chinese negotiate in "good faith."
Declining public funds have caused college tuition to skyrocket and pushed more of the costs onto students, according to a new analysis.
Media and communications company Comcast Corp beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost video users.
Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%.
Major Wall Street analysts liked Tesla's solid third quarter earnings report but want to see more from the company going forward.
3M Co fell short of Wall Street estimates for quarterly sales and cut its full-year profit forecast on Thursday, hit by slowing demand in key markets such as China, sending its shares down more than 3%.
U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for weapons including missile warning systems.
Tesla Inc shares soared on Thursday after the electric carmaker surprised Wall Street by delivering on Chief Executive Officer Elon Musk's promise of a profit in the third quarter even as doubts remained over its long-term prospects.
The European Central Bank kept its ultra-easy monetary policy unchanged on Thursday, ending Mario Draghi's eight-year tenure at the bank in exactly the same place he started: trying to prop up a perpetually ailing currency bloc.
Europe's traders were sending European Central Bank chief Mario Draghi off in style on Thursday, raising the region's stocks to their highest in more than a year and nudging the euro toward its best month since January 2018.
U.S. weapons maker Raytheon Company reported better-than-expected third-quarter profit on Thursday and raised its full-year earnings and sales outlook, helped by higher demand for space programs, weapons and missile warning systems.