$TSLA NEWS Tesla stock soars on earnings surprise, upbeat outlook TSXV - Free Realtime Quote ? CAD Ridgestone Mining Inc. (RMI.V) Follow Compare 0.0700 0.0000 (0.00%) As of October 21 at 9:30 AM EDT. Market Open. Related News Tesla earnings: Wall Street weighs in following monster quarter Tesla shares rocketed higher on Thursday on the back of several positive disclosures from the EV maker in its latest third quarter report. Yahoo Finance ? 1 hour ago TSLA 3 reasons why airlines are seeing seat mile cost pressure American Airlines (AAL) and Southwest Airlines (LUV) both topped third quarter earnings estimates and provided upbeat full-year outlooks. However, American reported a $149 million quarterly net loss and Southwest saw falling profit for its last quarter. Stephen Trent, Citi managing director, joins Catalysts to discuss the earnings results and what they signal about the broader airline sector. Specifically looking at Southwest, Trent tells Yahoo Finance, "One of the things that stood out to me was the 4Q ex-fuel seat mile cost guide. That did look heavier than we were anticipating. And I would say that's at least partially behind the price action this morning." He notes that the industry as a whole is seeing seat mile cost pressure, especially budget airlines. He explains. "Everybody's labor is going up. Nobody can get equipment in a timely manner from the manufacturers. And United States does not have enough air traffic control capability, which is a primarily Northeast and Florida thing, but not only those places." Thus, with these pressures, airlines have been struggling to provide lower prices to consumers, which has particularly weighed on discount airlines like Southwest. Trent believes that "some sort of rationalization from a capacity perspective" could shift the sector back to a more stable state. He adds, "We need to get to a point where there is better equilibrium between unit revenue and ex-fuel unit cost." To that end, he believes that network airlines have "a much easier path ahead" than budget airlines. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Melanie Riehl Yahoo Finance Video ? 2 hours ago LUV AAL Gen AI products are 'resonating' with customers: ServiceNow CFO ServiceNow (NOW) delivered robust third quarter earnings, exceeding expectations on both revenue and profit. Additionally, the cloud-computing platform raised its subscription revenue guidance. ServiceNow CFO Gina Mastantuono joins to discuss the quarter's performance. Mastantuono attributes ServiceNow's third quarter success to the company's achievements in generative AI, particularly its Now Assist feature. "It's been the fastest growing new product in company history, and really what you're seeing is our gen AI solutions resonating. We talked about 44 customers spending more than a million dollars with us, six customers spending more than $5 million, and two spending more than $10 million on our gen AI products," she tells Yahoo Finance. "And what you're really seeing is our relevance as the AI platform for business transformation is soaring as CEOs are really looking to modernize for an AI world." Addressing investor concerns about operating margins, Mastantuono explains how ServiceNow is constantly trying to balance "investment for growth versus profitability." She emphasizes the company's commitment to reinvesting in the business "to drive even more top-line growth," adding, "We're going to make that choice probably most days of the week." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 3 hours ago NOW Tesla stock pops on earnings beat: What you need to know Tesla (TSLA) shares surge after the electric vehicle (EV) giant reported better-than-expected earnings and commented on the timeline for its highly anticipated affordable vehicle. Yahoo Finance’s Auto Reporter Pras Subramanian joins Catalysts Hosts Seana Smith and Madison Mills to break down what investors need to know about the results. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 4 hours ago TSLA Uber and Lyft stocks fall on Tesla autonomous ride-hailing plan Tesla (TSLA) added about $80 billion to its market cap after beating earnings-per-share estimates and announcing it expects to roll out autonomous ride-hailing in California and Texas in 2025. The news sent shares of ride-hailing apps Uber (UBER) and Lyft (LYFT) under pressure, and Morning Brief Hosts Seana Smith and Madison Mills discuss how ride-sharing competition is heating up. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Melanie Riehl Yahoo Finance Video ? 4 hours ago UBER LYFT TSLA Elon Musk's 'distractions' might end up as a big win for him — and his companies: Morning Brief Tesla CEO (among other things) Elon Musk has been loudly campaigning for Trump and giving money away to help register voters. Getting deeper into politics hasn't seemed to hurt the car company, however, which just posted a surprise beat on profit in its Q3 results. Yahoo Finance ? 8 hours ago TSLA Tesla stock soars after investors cheer Q3 earnings report Tesla stock surged on Thursday after mixed third quarter earnings results after the bell on Wednesday. Yahoo Finance ? 19 hours ago TSLA UPS earnings, jobless claims, Fedspeak: What to watch As the trading day winds down, Host Josh Lipton outlines the key events investors should watch for Thursday, October 24. The earnings season momentum continues with several major companies scheduled to report their quarterly results. Markets will receive reports from the United Parcel Service (UPS), Northrop Grumman (NOC), Capital One (COF), Keurig Dr Pepper (KDP), Tractor Supply Company (TSCO), and Deckers Outdoor (DECK). On the economic front, September's new home sales data will take center stage. Economists forecast 720,000 units, a slight increase from August's 716,000. Initial Jobless Claims data will also be released, with analysts expecting a figure of 242,000. Finally, investors will hear from Cleveland Federal Reserve President Beth Hammack, whose comments could provide insights into the Federal Reserve's outlook on monetary policy. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith Yahoo Finance Video ? 21 hours ago KDP NOC TSCO Newmont Stock Crashes 14% Despite Record Profit Surge -- Here's What Really Happened Rising costs overshadow Newmont's record-breaking Q3 earnings, sending shares plummeting. GuruFocus.com ? 6 minutes ago NEM These Stocks Are Moving the Most Today: Tesla, Boeing, UPS, IBM, ServiceNow, Molina, West Pharma, Newmont, and More Tesla stock jumps after the electric-vehicle maker posts better-than-expected earnings and profit margins, Boeing’s largest union rejects a new labor contract, UPS tops profit and revenue estimates, and IBM falls after posting a mixed earnings report. Barrons.com ? 12 minutes ago IBM LRCX BA Tesla ETF Skyrockets on Strong Q3 Earnings The leveraged TSLL ETF gained as much as 34% on Thursday. etf.com ? 13 minutes ago DRIV TSLL KARS US Equity Indexes Mixed as Tesla Pushes Nasdaq, S&P 500 Higher Amid Declines in Treasury Yields US Equity Indexes Mixed as Tesla Pushes Nasdaq, S&P 500 Higher Amid Declines in Treasury Yields PREMIUM MT Newswires ? 17 minutes ago TSLA COMP Tesla stock soars 20% thanks to an earnings beat and Elon Musk's 'best guesses' Tesla (TSLA) stock was ralling Thursday after the company delivered earnings that largely surprised Wall Street and Elon Musk delivered a new round of optimistic forecasts. Quartz ? 19 minutes ago TSLA Tesla jumps 21% to remain on track for biggest one day gain since 2011 Investing.com -- Tesla rallied 21% Thursday to remain on track for its best day since 2011 after the electric maker reported stronger-than-expected results and also delivered a strong delivery outlook for 2025. Investing.com ? 20 minutes ago TSLA Why IBM Stock Is Falling Today Is IBM stock's hot streak in danger of fizzling out? Motley Fool ? 29 minutes ago IBM Tesla Stock Jumps as Analysts Say EV Maker is 'Charging Up' for 2025 Tesla shares are roaring higher a day after the company’s third quarter results, which analysts at Wedbush called an “Aaron Judge-like performance.” Investopedia ? 40 minutes ago TSLA ServiceNow Stock Hits All-Time High on AI Demand Enterprise company ServiceNow exceeded profit and revenue estimates on soaring demand for its artificial intelligence platform. Investopedia ? 41 minutes ago NOW Tesla Stock Hits Multi-Year High with 18% Jump on Strong Earnings Optimism High as Tesla Outperforms Analyst Predictions, Stock Soars GuruFocus.com ? 43 minutes ago TSLA Fiscal drag is damaging growth, says Bank rate-setter Frozen personal tax thresholds are damaging economic growth, a Bank of England rate setter has warned. The Telegraph ? 44 minutes ago ^FTSE COMP TSLA Tesla Stock Up 20%, Headed to Its Best Day in More Than a Decade Tesla stock was up 20% at $257.13 in late afternoon trading. Shares are on pace for their largest percentage increase since May 9, 2013, when it rose 24.4%, according to Dow Jones Market Data. It is the second-best performer in the S&P 500 today, beyond Molina Healthcare, which is up 21%, and the most actively traded stock in the S&P 500. Barrons.com ? 49 minutes ago TSLA ^GSPC Performance Overview Trailing total returns as of 10/24/2024, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return RMI.V S&P/TSX Composite index YTD -12.50% +16.82% 1-Year -33.33% +28.55% 3-Year -93.00% +15.40%
