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Tesla Rises After Surprises With First Quarter Profit

Tesla Rises After Surprises With First Quarter Profit

Tesla, Inc. (NASDAQ: TSLA) stock jumped more than 6 percent Thursday, after the electric car manufacturer reported financial for the first quarter 2020. According to the report, Q1 2020 was the first time in Tesla’s history it has achieved a p..

Alphabet (Google) Shares Up After Strong Earnings

Alphabet (Google) Shares Up After Strong Earnings

Alphabet Inc. (NASDAQ: GOOGL) announced financial results Tuesday after market closed, for the quarter ended March 31, 2020. Shares of the company spiked more than 9 percent on revenue increase, despite a significant slowdown in ad sales. Revenue af..

Snap Reports First Quarter 2020 Financial Results

Snap Reports First Quarter 2020 Financial Results

Snap Inc. (NYSE: SNAP) announced Tuesday financial results for the quarter ended March 31, 2020. The Company indicates that revenue increased 44% to $462 million in Q1 2020, compared to the prior year. And net loss improved $4 million to $(306) mill..

Ally Financial Announces Earnings for First Quarter of the Year

Ally Financial Announces Earnings for First Quarter of the Year

Ally Financial Inc. (NYSE: ALLY) reported Monday morning its first quarter 2020 financial results. According to the report, the digital financial services provider recorded a total net revenue of $1.41 billion, down 12% year over year (YoY). And adj..

Ulta Beauty Reports Fourth Quarter and FY 2019 Earnings

Ulta Beauty Reports Fourth Quarter and FY 2019 Earnings

Ulta Beauty, Inc. (NASDAQ: ULTA) reported financial results for the fourth quarter and fiscal 2019.  Net sales for the fourth quarter increased 8.5% to USD 2.305 Billion, an increase from USD 2.124 Billion.  Operating income rose 2.3% to ..

GeneralMotors Co. Provides Update on Strategy to Grow Sales of Electric Vehicles

GeneralMotors Co. Provides Update on Strategy to Grow Sales of Electric Vehicles

General Motors Co. (NYSE: GM) shared details this week regarding its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably.“Our team accepted the challenge to transform product development at..

Shake Shack Reported Fourth Quarter and FY 2019 Earnings

Shake Shack Reported Fourth Quarter and FY 2019 Earnings

Shake Shack Inc. (NYSE: SHAK) announced financial results for the fourth quarter and fiscal year 2019.  For the fourth quarter, revenue rose 21.9% to USD 151.4 Million.  Sales of the company increased 20.8% to USD 145.8 Million. System-wi..