Reported about 8 hours ago
During this earnings season, Tesla's stock faced a decline due to an earnings miss, reporting adjusted earnings of $0.50 per share instead of the anticipated $0.54. Meanwhile, American Airlines surprised investors with a smaller-than-expected loss, boosting its stock by 4%. Other notable reports included an earnings beat by Lam Research, while IBM and Hasbro saw their stocks drop despite some positive quarterly results. The earnings reports underline mixed performances across various sectors as analysts adjust forecasts for the S&P 500.
Source: YAHOO