After-hours movers: Block gains following results, Bill.com sinks
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StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Paramount Global (PARA) cut to sell at BofA as asset sales fail to materialize
November 6, 2023 10:19 AM ESTParamount Global (NASDAQ: PARA) is hard to buy if there is no sale, according to BofA analyst Jessica Reif Ehrlich, who double downgraded the stock to Underperform from Buy and lowered the price target to $9 from $32 in a note Monday.
The analyst explained... More
Paramount Global (PARA) gains on Q3 beat driven by Paramount+ but not everyone is bullish
November 3, 2023 6:54 AM EDTParamount Global (NASDAQ: PARA) gained 4% in early trading Friday following a third-quarter earnings beat driven by Paramount+ growth.
Paramount earnings per share rose 71% from last year to $0.30, easily beating the analyst estimate of $0.11.
Revenue for the quarter rose 3% to $7.13 billion, in-line with the consensus. Direct-to-consumer revenue beat estimates, rising 38% in the year, driven by strong subscription and advertising revenue. Meanwhile, TV Media was lower-than-expected
Paramount+ subscribers reached more than 63 million, driven by 2.7 million net additions in the quarter. This beat the consensus of 2 million net additions.
Subscription revenue at the... More
