Stocks fell on Thursday after jobless claims in the US unexpectedly rose for the first time since March and tech stocks fell. The Dow Jones Industrial Average fell 274 points, or 1.02%, to 26,731, the S&P 500 lost 1.03% and the Nasdaq fell 2.06%. Dow (Dow) – Get reportMicrosoft (MSFT) …
Read More »Tesla earnings drive bulls and bears to raise price targets
Wall Street turned more positive at Tesla Inc. on Thursday, a day after the Silicon Valley automaker reported another quarter of windfall profits and said it was on track to sell as many cars in 2020 as it expected despite the pandemic. of coronavirus. A lot of Wall Street analysts, …
Read More »Tesla stocks rise as generous earnings drive both bulls and bears to raise price targets
Shares of Tesla Inc. rose on Thursday after an explosive earnings report on Wednesday night, prompting large numbers of Wall Street analysts, both bulls and bears, to raise their stock price targets. However, the average target remained well below current prices, suggesting that most analysts believe the stock is overvalued. …
Read More »AT&T beats second quarter earnings forecast; WarnerMedia revenue decline
AT&T Inc. (T) – Get report On Thursday, it posted stronger-than-expected second-quarter earnings, but saw a notable drop in WarnerMedia revenue when coronavirus closings hit the global entertainment industry. AT&T said adjusted earnings for the three months ending June were set at 83 cents a share, 6.75% less than in …
Read More »American Airlines (AAL) Records $ 2.1 Billion Loss in Second Quarter, Warns of Coronavirus
The planes are parked on runway 28 of the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas American Airlines on Thursday posted a net loss of $ 2.1 billion in the second quarter, the latest airline to describe financial damage to demand for …
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