By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Stocks making the biggest moves premarket: Alphabet, Tesla, Texas Instruments, Meta Platforms and more
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Finance > Stocks making the biggest moves premarket: Alphabet, Tesla, Texas Instruments, Meta Platforms and more
Finance

Stocks making the biggest moves premarket: Alphabet, Tesla, Texas Instruments, Meta Platforms and more

Last updated: July 24, 2024 5:49 pm
10 months ago
Share
SHARE


Check out the companies making headlines in premarket trading. Alphabet — Shares of the Google parent-company slipped nearly 4% before the opening bell. Advertising revenue in Alphabet’s YouTube segment undershot expectations in the second-quarter and overshadowed results that beat analyst estimates on the top and bottom line. Tesla — Stock in the electric vehicle company sank about 9% after second-quarter earnings were weaker-than-expected. Tesla’s revenue of $25.5 billion came in above Wall Street estimates, which forecast $24.77 billion, respectively. Texas Instruments — Stock in the chipmaker ticked up about 2% thanks to better-than-expected second-quarter earnings. Texas Instruments reported earnings of $1.22 per share while analysts polled by LSEG expected $1.17. Madison Square Garden Entertainment — The live entertainment stock popped 3.3% on the heels of a Goldman Sachs upgrade to buy from neutral. Goldman said the stock is a pure play on the venues business, and that investors have a good entry point after the stock’s recent underperformance. Visa — Stock in the credit card firm pulled back more than 3% after a fiscal third-quarter revenue miss. Visa’s $8.9 billion in revenue was slightly weaker than an estimated $8.92 billion from analysts polled by LSEG. AT & T — The telecommunications giant added almost 3% after reporting an addition of 419,000 wireless phone subscribers with monthly bills, well ahead of the consensus forecast from analysts polled by FactSet. AT & T saw quarterly earnings per share that were in line with expectations of analysts surveyed by LSEG, while revenue came in under where the Street anticipated. Capital One — The financial stock dipped about 1% after the company’s second-quarter report came in short of expectations. Capital One earned $3.14 per share, after adjustments, on $9.51 billion of net revenue. Analysts were expecting a profit of $3.39 per share on $9.57 billion of revenue, according to FactSet. Meta Platforms — The social media stock fell about 3% after Meta announced a free version of its Llama artificial intelligence model Seagate Technology — Shares of the computer hardware company climbed nearly 4% thanks to stronger-than-expected fourth-quarter results. Seagate posted earnings excluding items of $1.05 per share on revenue of $1.89 billion. Analysts polled by LSEG forecast a profit of 75 cents and $1.87 billion in revenue. Enphase Energy — The solar energy stock gained more than 2% in premarket trading, despite missing Wall Street estimates. The second-quarter results showed improved margin growth and Enphase provided a stronger-than-expected third-quarter forecast that calls for revenue in the range of $370 million to $410 million. Analysts polled by LSEG forecast $404 million. — CNBC’s Alex Harring, Sarah Min and Jesse Pound contributed reporting



Source link

You Might Also Like

Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi and Kolkata on May 30 | Stock Market News

U.S.-China talks ‘a bit stalled’ and need Trump and Xi to weigh in, Treasury Secretary Bessent says

Stocks making the biggest moves after hours: Gap, American Eagle Outfitters, UiPath, Dell Technologies & more

Stocks making the biggest moves Thursday: Boeing, Nvidia, Salesforce, E.l.f. Beauty and more

Wall Street today: US stocks surge after court blocks most Trump tariffs, Nvidia climbs 6.4% on robust earnings | Stock Market News

TAGGED:Alphabet IncAT&T IncBreaking News: MarketsBusinessBusiness NewsCapital One Financial CorpEconomyEnphase Energy IncMadison Square Garden Entertainment CorpMarket InsiderMarketsMeta Platforms IncSeagate Technology Holdings PLCStock marketsTesla IncTexas Instruments IncVisa Inc
Share This Article
Facebook Twitter Email Print
Previous Article HUL: Gradually improving outlook to test investors’ patience
Next Article Why an indicator that has foretold almost every recession doesn’t seem to be working anymore

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS