Could Tesla’s newest car end up being a speed bump for the stock?» Read More
Kara Swisher, Re/code co-executive editor, discusses the outlook for Tesla after CEO Elon Musk cut delivery guidance. Swisher also compares Musk to Steve Jobs.
*Genworth plummets following results, conference call. NEW YORK, Nov 6- U.S. stocks were little changed near record levels on Thursday as Europe indicated support for additional measures to support the economy, if necessary, though some weak corporate results limited the market's advance. Genworth Financial plummeted 36 percent to $8.97 in heavy trading, its...
After Tesla's earnings beat, the stock is higher. On the call, CEO Elon Musk said "demand is not our issue, production is." Ben Kallo, R.W. Baird analyst, provides perspective.
*Whole Foods rallies in premarket after results. NEW YORK, Nov 6- U.S. stock index futures pointed to a slightly higher open on Thursday, indicating that equity markets would extend a rally that has taken them to repeated records on hopes for additional stimulus from Europe. Futures were flat for much of the premarket session but turned higher following comments...
Some of the names on the move ahead of the open.
NEW YORK, Nov 6- U.S. stock index futures were little changed on Thursday, as investors held off on making bets with key indexes at record levels and looked toward Friday's closely watched payrolls report for trading incentives. *Both the Dow and S&P 500 hit closing highs Wednesday after the Republican Party took control of the Senate in the midterm elections,...
Theodore O'Neill, Ascendiant Capital Markets, discusses delivery delays of Tesla's Model X and shares his thoughts on Tesla's direct sale model.
Tesla's earnings beat—when Wall Street analysts expected a loss—didn't make a buyer out of RiskReversal's Dan Nathan.
DETROIT, Nov 5- Tesla Motors Inc shares rose nearly 8 percent in after-hours trading on Wednesday after the electric-car maker beat analysts' expectations for third-quarter results. Its shares rose after-hours, however, as non-GAAP income of 2 cents a share beat Wall Street's consensus view of a loss of 1 cent per share. "Tesla needs to grow dramatically if it...
The "Fast Money" traders share their final trades of the day.
DETROIT, Nov 5- Electric car maker Tesla Motors Inc said its third-quarter loss nearly doubled from a year ago to $75 million, as manufacturing, sales and development expenses increased to meet rising demand for its Model S sedan. Its shares rose after-hours, however, as non-GAAP income of 2 cents a share beat Wall Street's consensus view of a loss of 1 cent per share.
Tesla posted earnings of 2 cents a share on revenue of $932 million. Analysts had expected a loss of 1 cent per share.
Companies making headlines after the bell Wednesday: Qualcomm, Tesla, Zillow & more
DETROIT, Nov 5- Electric car maker Tesla Motors Inc said its third-quarter loss nearly doubled from a year ago to $75 million, as manufacturing, sales and development expenses increased to meet rising demand. The company delivered a record 7,785 Model S sedans in the quarter, most of them in North America. Tesla shares were up nearly 5 percent at $241.55 in...
NEW YORK, Nov 5- U.S. stocks rose on Wednesday, with both the S&P 500 and Dow advancing to records, after Republicans took control of the Senate, allaying fears of drawn-out runoffs and raising investor hopes for more business- and energy-friendly policies. If we had uncertainty around the result, that would have been a cause for concern, "said John Canally, chief...
The GOP's takeover of the Senate is barely moving stocks. Major averages are mostly moving off of oil.
Some of Wednesday's midday movers:
With earnings expected after the bell, Tesla shareholders better buckle up.
Discussing Tesla's stock valuation and if Elon Musk should consider changing his distribution strategy, with Nick Bilton, New York Times columnist, and the "Squawk Alley" team.
Nick Bilton, of The New York Times, discusses his column on the future of Artificial Intelligence and how scary it could be.