Tower Semiconductor Ltd (TSEM) reported third-quarter FY21 revenue growth of 25 percent year-on-year to $386.7 million, beating the consensus of $384.97 million. It posted a 40 percent organic growth. The gross margin expanded 171 bps Q/Q to 22.1 percent. Adjusted EPS of $0.41 beat the consensus of $0.37. It generated $107 million in operating cash…
Tower Semiconductor Stock Gains on Q3 Beat, Clocks 25 Percent Revenue Growth
Tesla Shares Fall After Twitter Users Vote for Musk to Sell Stock
November 8, 2021
admin
Business & EconomyCompaniesEconomieseconomyElon MuskInvestmentLocal NewsMarketsNorthern CaliforniaRegional-Local NewsSocial MediastockTechteslaTwitterUSUS Newsusers
0 Comment
Tesla Inc. shares fell 7.5 percent in premarket trading on Monday as investors prepared for its chief Elon Musk’s proposed sale of about a tenth of his holdings in the electric-car maker following his Twitter poll. Musk, Tesla’s chief executive officer and the world’s richest person, tweeted on Saturday that he would offload 10 percent…
Stock Wars: Starbucks vs. Coffee Holding Co.
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of coffee-focused companies: Starbucks Corporation and Coffee Holding Co., Inc.. The Case For Starbucks This year marks Starbucks’ 50th anniversary in business. It…
Leisure and Travel Stocks Rally as Fading Delta Wave Upends Pandemic Portfolio
November 6, 2021
admin
Business & EconomyCompanieseconomyleisure and travelMarket WatchMarketspandemic portfoliostockUSUS News
0 Comment
The waning pandemic is driving a recovery in leisure and travel, along with a rotation of investor interest away from shares in stay-at-home sector companies that saw a lockdown-driven boom. The so-called pandemic stock portfolio is seeing some churn, with investors pivoting away from companies like food-delivery firm Doordash, entertainment giant Netflix, video conferencing service…
Leisure, Travel Stocks Rally as Fading Delta Wave Upends Pandemic Portfolio
November 6, 2021
admin
Business & EconomyCompanieseconomyleisure and travelMarket WatchMarketspandemic portfoliostockUSUS News
0 Comment
The waning pandemic is driving a recovery in leisure and travel, along with a rotation of investor interest away from shares in stay-at-home sector companies that saw a lockdown-driven boom. The so-called pandemic stock portfolio is seeing some churn, with investors pivoting away from companies such as food-delivery firm Doordash, entertainment giant Netflix, video conferencing…
Big 3 Segments Drive Thomson Reuters’ Q3 Beat, Raises FY21 Outlook
Thomson Reuters Corp. reported third-quarter FY21 revenue growth of 6 percent year-on-year to $1.53 billion, beating the consensus of $1.50 billion. Organic revenues increased 5 percent, driven by recurring revenues and transactions revenues. 1 percent favorable impact from foreign currency added to growth. The “Big 3” segments (Legal Professionals, Corporates, and Tax & Accounting Professionals)…
Tesla’s Stock Makes History
Shares of Tesla Inc. made history Monday, but it might not be the good kind. The stock is very overbought. This means it has reached extremes above what would be its typical or average trading range. This is important because overbought stocks tend to sell off. The lower half of the below chart shows the…
Business Chart of the Day: Is Ford’s Stock Ready to Rip Higher?
It looks like shares of Ford Motor Company have broken out. That means there’s a good chance the stock continues to move higher. Resistance is a large group or concentration of investors who are all trying to sell at the same price. At resistance levels, there is more supply than there is demand. This is…
Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally
November 2, 2021
admin
Business & EconomyCompaniescontracteconomyElon MuskHertzLocal NewsMarketsNorthern CaliforniaRegional-Local NewsstockteslaUSUS News
0 Comment
Tesla Inc. top boss Elon Musk said the electric carmaker had not signed a contract with Hertz, more than a week after the car rental firm announced a massive deal with the electric car company. Tesla’s shares fell 5 percent to $1,146 in premarket trading, after a steep jump following the news of the biggest-ever…
Is Coca-Cola’s Stock Overvalued Or Undervalued?
News Analysis Coca-Cola Co. shares have lagged the S&P 500 in 2021, generating a year-to-date total return of just 4.6 percent. Coca-Cola has struggled to keep up with the overall market for more than a decade now. At this point, investors may be wondering if there’s any value left in Coca-Cola shares. Earnings A price-to-earnings…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`