Category: Company News

GE Beats Expectations … So Why Is the Stock Down?

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The company reported stronger earnings and revenue than expected…

On Tuesday morning, General Electric released its second-quarter earnings, and the results were better than expected. Earnings came in at 17 cents per share. That’s still down 6% from a year earlier but beat estimates of 12 cents per share. 

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Capital One Shares Fall After Data Breach

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The Capital One data breach impacts more than 100 million consumers in the U.S.

On Tuesday, shares of Capital One fell more than 6% after the company revealed that a recent data breach exposed sensitive customer information. All in all, the data breach impacts more than 100 million U.S. consumers and 60 million Canadian consumers.

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Huawei Soldiers Through Ban and Trade Pressures

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The release of revenue numbers today reveals the proposed American ban hasn’t crushed Huawei’s outlook.

Despite weeks of talk about the U.S.-China trade conflict and the American blacklisting of telecom firm Huawei, the company’s revenue increased 23% over the last quarter.

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What’s the Skinny on Beyond Meat’s Mixed Q2 Earnings Report?

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Beyond Meat shares took a dive yesterday…

Beyond Meat shares took a sharp drop on Monday following a mixed Q2 earnings report and the news that the company is offering an additional 3.25 million shares.

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Musk: New Video Options Coming to Tesla

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Elon Musk is at it again…

As the Tesla electric car design already enjoys many accolades related to charging, range, and other electric- car metrics, emerging news from Tesla head and serial innovator Elon Musk suggests we’ll see more infotainment advances in the near future.

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Starbucks Fuels New Growth During Q3

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The company delivered one of the best earnings reports investors have seen in a while. 

A year ago, things didn’t look so great for Starbucks. The coffee company’s shares remained mostly flat since 2016, and investors were starting to wonder if it had reached a saturation point. 

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Poor Earnings Report Tanks Tesla Stock

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The company’s shares are down more than 27% from a year earlier. 

Analysts are struggling to stay bullish when it comes to Tesla. Shares of Tesla fell nearly 15% this week on the heels of a disappointing earnings report and the departure of the company’s chief technology officer. 

This is the biggest loss Tesla has experienced since 2013. Here’s an overview of the earnings report as well as how analysts reacted to the news…

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Coca-Cola Shares Pop on Earnings Beat

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The company’s earnings and revenue increased thanks to a partnership with Netflix and a variety of new products. 

Shares of Coca-Cola rose 5% on Tuesday thanks to a positive second-quarter earnings report. The company’s earnings and revenue both beat investor expectations…

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