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Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors
18 Sep, 2018
Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors
Shares of Tesla Inc. (NASDAQ: TSLA) slid as much as 2% after Saudi Arabia's public investment firm announced a USD 1 Billion investment in rival Lucid Motors.The Kingdom's Public Investment Fund had previously been in talks with Tesla around..
Palo Alto Networks, Inc Earnings outperforms Earnings Estimate
Palo Alto Networks, Inc. (NYSE: PANW), an entity of Zacks Security industry, announced fiscal Q4 earnings of 1.28 per share, outperforming the Zacks Consensus Estimate of USD 1.17. The cybersecurity firm which specializes in advanced firewall protec..
DocuSign Beats Second Quarter Estimates
DocuSign, Inc. (NASDAQ: DOCU) reported its second quarter financial results and topped estimates. Despite beating analysts’ estimates, shares were trading 6.03% lower shortly after the opening bell on Thursday.For the second quarter, Docu..
Lululemon Shares Jump on Better-than-Expected Earnings
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) soared on Friday after the athletic retailer reported second quarter earnings that beat analysts’ estimates, boosted by strong growth in online sales.The Company said net revenue rose 25% to US..
Gap Shares Tumble Same-store Sales for Gap Stores Miss Expectation
Gap Inc. (NYSE: GPS) on Thursday announced second quarter revenue and earnings that beat analysts’ estimates, but comparable sales for its Gap brand missed analysts’ expectations, sending its shares down more than 10%.The apparel Company..
Synopsys Tops Q3 Earnings and Revenue Estimates
Synopsys Inc. (NASDAQ: SNPS) reported better-than-expected quarterly results and forecast fourth-quarter results above Wall Street estimates on Wednesday, as the maker of chip design software benefits from rising demand from semiconductor clients.Th..
Kohl’s shares fall despite topping earnings and sales expectations
Shares of Kohl’s Corp. (NYSE: KSS) plunged on Tuesday despite reporting fiscal second-quarter earnings that topped Wall Street profit and sales estimates and raising its profit outlook for the year.Department store chains like Kohl’s and..
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