August tends to be a slow month for TV series and a movie dump, and Netflix Inc. doesn’t appear to be immune to that trend. While Netflix NFLX, -0.05% It still has dozens of original series, specials, and movies on tap for August 2020, just a handful have massive appeal. …
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Tesla Inc. reported a surprise second-quarter GAAP and adjusted earnings on Wednesday night, sending the stock more than 5% higher in the extended session. Sales also exceeded Wall Street expectations. Tesla TSLA, + 1.52% He said he earned $ 104 million, or 50 cents a share, in the quarter, compared …
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Billionaire hedge fund manager Bill Ackman, the largest “blank check” company, went public on Wednesday, with more than $ 4 billion in his kitty to acquire a still-undetermined company, and has two years to choose a . Pershing Square Tontine Holdings Ltd. PSTH.UT, + 7.97% is a special purpose acquisition …
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TSLA of Tesla Inc., + 1.04% The stock’s valuation is “overheated,” analysts at BofA Securities said in a note on Wednesday, highlighting several reasons to “remain cautious despite the hype and momentum.” Analysts raised their price target on the stock to $ 800, from $ 500, but kept its equivalent …
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After Snap Inc. shares initially sank in the news of its second-quarter results on Tuesday, they recovered quickly once analysts read the fine print and dug deep into the numbers. Quarterly losses increased, but so did daily active users and revenue, with strong indications that the current quarter is shaping …
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