Microsoft, Alphabet earnings, Bitcoin, PMI data - what's moving markets
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StreetInsider.com Top Tickers, 8/12/2026
- Wall Street ends down as US-Iran peace optimism fades
- S&P 500 EPS growth above 20% is rare. Why 2027 may be at risk
- Goldman Sachs warns AI investment may be crowding out other business spending
- Why Wednesday's inflation print could provide the next dovish catalyst
- Tesla needs Robotaxi flywheel proof to boost investor conviction: Morgan Stanley
- Lumentum Holdings (LITE) Tops Q4 EPS by 28c, Beats on Revenue; Offers Q1 Guidance
- Aurora Cannabis rejects Curaleaf's unsolicited $4-per-share takeover bid
- AbCellera Biologics (ABCL) PT Raised to $30 at Truist on 'best-in-class potential'
- Wall Street ends down as US-Iran peace optimism fades
- Comscore plans restructuring with $20M-$25M in cost cuts
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
General Motors (GM) California DMV puts the brakes on GM's Cruise driverless cars over safety risk
October 25, 2023 11:12 AM EDTCalifornia issued an order to General Motors' (NYSE: GM) Cruise division Tuesday, demanding the removal of its autonomous vehicles from state roads.
The state referred to the vehicles as a potential threat to public safety and accused the company of misrepresenting information about the technology's safety.
The Department of Motor Vehicles (DMV) in California declared the suspension of Cruise's permit for autonomous vehicle deployment and driverless testing, effectively halting the company's testing of the vehicles without safety... More
GM and Honda (HMC) cancel plans to co-develop affordable EVs
October 25, 2023 8:08 AM EDTHonda Motor (NYSE: HMC) and General Motors (NYSE: GM) announced Wednesday the cancellation of their collaborative efforts to produce budget-friendly electric vehicles (EVs), as confirmed by the Japanese company. This development comes a year after their initial agreement to join forces in an attempt to surpass Tesla (NASDAQ: TSLA) in... More
Coca-Cola (KO) Mentioned Positively at Deutsche Bank, 'operating from a position of strength'
October 24, 2023 4:35 PM EDTDeutsche Bank analyst Steve Powers reiterated a Hold rating and $60.00 price target on Coca-Cola (NYSE: KO).
The analyst comments "Generally consistent with our expectation this morning, KO shares were up +3% late in trading today (vs. S&P500 +1%), with investors generally pleased with (i) KO's broad-based... More
GM 'moderating the acceleration of EV production', some EVs will be delayed says CEO Barra
October 24, 2023 9:19 AM EDTShares of General Motors (NYSE: GM) moved up nearly 1.30% before sinking 1.44% into the red in pre-market trading after the Detroit automaker reported its 3Q earnings results Tuesday morning, while in the midst of ongoing labor strikes by the United Auto Workers union.
The automaker reported a top line beat with adjusted earnings coming in at $2.28 versus the streets $1.88 estimate, while revenue came in at $44.1B, ahead of the consensus estimate of $42.62B.
"In the U.S., our strong sales, healthy ATPs (average... More
Citi on Spotify (SPOT) Post Earnings: 'we would not be surprised to see shares trade higher'
October 24, 2023 7:03 AM EDTCiti analyst Jason Bazinet reiterated a Buy rating and $175.00 price target on Spotify (NYSE: SPOT).
The analyst comments "Spotify reported revenue, Premium subs and MAUs modestly ahead of the Street. 3Q23 gross margins and operating income also beat consensus estimates. Along with... More
