Procter&Gamble, Alcoa, Roblox fall premarket; Philip Morris rises
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
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Tesla (TSLA) pushes delivery window in Germany following price cuts
January 20, 2023 2:17 PM ESTOne week after slashing prices by between 4% and 12% on their Model 3 vehicles, electric vehicle maker, Tesla (NASDAQ: TSLA) has pushed delivery windows back by one month from January-March 2023 to February-April 2023.
Delivery times on the Model Y rear wheel drive, which saw the... More
Alcoa (AA) falls as Q4 profit misses consensus expectations
January 19, 2023 9:46 AM ESTAlcoa (NYSE: AA) shares declined 4% Thursday after the aluminum firm missed profit expectations when it reported its fourth-quarter earnings after the close on Wednesday.
Alcoa posted a Q4 loss of $0.70 per share, $0.03 worse than the analyst estimate of a loss of $0.67 per share. Revenue came in at $2.7 billion versus the consensus estimate of $2.66 billion.
The company said it experienced challenging market conditions during the quarter, which included high costs for raw materials and energy and lower sequential pricing in the Alumina and Aluminum segments in the fourth quarter.
"Last year, global... More
