Author: super@dmin
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Dow Jones Newswires: Teradyne stock plunges nearly 20% after earnings guidance misses
Teradyne Inc.’s first-quarter financial guidance fell short of Wall Street projections, sending shares down nearly 20% in after-hours trading to $115.03.
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Earnings Results: LendingClub stock plummets after earnings guidance comes in light
Shares of LendingClub Corp. fell more than 14% in the extended session Wednesday after the company gave 2022 earnings guidance lower than analysts expected.
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The Ratings Game: American Express stock keeps its rally alive after upgrade
American Express Co. shares kept their rally afloat Wednesday after they picked up a new fan on Wall Street.
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The Fed: Fed preparing for more than four rate hikes this year, economists say
Fed Chairman Jerome Powell signaled the central bank is leaning toward more interest-rate hikes than the three quarter-point moves penciled in last month.
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The Margin: How Kobe Bryant made his $600 million fortune — and who is in charge of it now?
On the anniversary of Kobe Bryant’s death, here’s a look how the NBA legend invested the money that he earned on and off the court
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Earnings Results: Tesla reports $2 billion Q4 profit, sales up 65%, but supply-chain snags crimp production
Tesla Inc. stock fell late Wednesday despite the electric-vehicle maker reporting quarterly earnings and sales above expectations. The company said its factories have been running below capacity for several months thanks to supply-chain constraints.
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Earnings Results: ServiceNow stock soars after earnings beat
ServiceNow Inc.’s results “show that ServiceNow’s business model is set to flourish in any economic environment,” chief executive tells MarketWatch.
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Earnings Results: Intel stock declines as earnings outlook misses Street view following beat on quarter
Intel Corp. shares fell in the extended session Wednesday after the chip maker’s earnings forecast fell short of Wall Street expectations as profit margins slipped even as it topped forecasts for the quarter.
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Earnings Results: Lam Research stock plummets after supply-chain issues lead to disappointing sales and earnings forecast
Lam Research Corp. shares plunged in late trading Wednesday after the chip-equipment supplier reported worse-than-expected fiscal second-quarter revenue and third-quarter guidance, which the chief executive attributed to “supply-chain conditions.”
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Washington Watch: Biden promised to nominate a Black woman to the Supreme Court. Here are the leading candidates
President Biden has promised to nominate the first Black woman to the Supreme Court, and he’ll now have his chance after reports that Justice Stephen Breyer will retire.