Airbnb Inc (NASDAQ:ABNB) shares are trading lower Thursday on the heels of the company’s first-quarter financial results. The company’s outlook appears to be responsible for the weakness. Here’s a look at what you need to know. Q1 Revenue: $2.14 billion,…
Tesla, Inc (NASDAQ:TSLA) shares are trading lower Wednesday following reports that U.S. prosecutors are looking into whether Tesla misled investors and customers about its self-driving technology. What Happened: The Justice Department is examining certain statements made by Tesla and CEO…
Tuesday, Eli Lilly And Co (NYSE:LLY) reported first-quarter revenue of $8.77 billion, up 26% year over year, marginally missing the consensus of $8.92 billion, driven by increases of 16% in volume and 10% due to higher realized prices. The volume increase was primarily driven by growth…
Shares of Agrify Corporation (NASDAQ:AGFY) are soaring after the news of its proposed acquisition. Vertical farming technology and infrastructure provider Nature’s Miracle Holding Inc. (NASDAQ:NMHI) entered into a term sheet to acquire 100% of all the outstanding shares of Agrify. Each shareholder of Agrify would…
Jaguar Health, Inc. (NASDAQ:JAGX) shares are trading higher Tuesday after the company announced it has signed an exclusive 5-year in-license agreement with Venture Life Group PLC. The Details: The license agreement is for the U.S. market for Venture Life's FDA-approved…
Tesla Inc (NASDAQ:TSLA) shares are trading lower Tuesday, continuing a multi-day slide that has seen shares fall approximately 9% over the last week. Here’s a look at what’s going on. What To Know: Tesla shares are falling again Tuesday after…
JPMorgan Chase & Co. (NYSE:JPM) shares are trading lower after it reported first-quarter FY24 results. Net revenue (managed) of $42.5 billion (+8% Y/Y), beating the consensus of $41.8 billion. Reported revenue was $41.9 billion in the quarter, up 9% Y/Y. Consumer &…
Fastenal Company (NASDAQ:FAST) shares are trading lower after the company reported first-quarter FY24 sales growth of 1.9% Y/Y to $1.895 billion, missing the consensus of $1.914 billion. Net daily sales growth increased 1.9% Y/Y to $29.6 million. The company experienced higher unit…
A strong earthquake in Taiwan earlier this month forced Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) to suspend chip production. Although the company may be impacted by short-term production delays and wafer losses that could hurt its June-quarter sales, most of…
Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading lower on Wednesday. The company announced it is returning a previously flown Electron rocket first stage tank into the Electron production line for the first time in preparation for reflying the stage. “This is the…