Tag Archives: Corporate / Industrial News

Raytheon crushed the profits. Here’s why the stock is down anyway.

Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …

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AMD shares skyrocket after earnings. This is why.

Text size AMD EPYC processors Courtesy of AMD. Advanced Micro Devices gave investors reason to cheer on Tuesday when it reported earnings that exceeded expectations and said it would sell more chips at a higher profit than anticipated. Shares of AMD (ticker: AMD) rebounded in the extended session, advancing nearly …

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