Expert Idea

Eli Lilly & Co. (NYSE:LLY) jumped nearly 15% to a new record on Tuesday, as the biopharma's stock rode on two catalysts. Lilly reported second-quarter earnings and revenue that were way ahead of expectations and it raised its full-year guidance. The shares also benefited from positive data...

Palantir Technologies, Inc. (NYSE:PLTR) reported Monday after market close second-quarter results that came in line and issued upbeat guidance. The Palantir Analyst: Wedbush's Daniel Ives, who recently initiated the stock, maintained an Outperform rating and $25 price target. The Palantir Thesis:...

Apple, Inc. (NASDAQ:AAPL) is scheduled to report its fiscal-year third quarter on Thursday after the market closes. Analysts, on average, expect the company to report earnings per share of $1.08 on revenue of $74 billion. This will mark a decline from the year-ago EPS of $1.20 and revenue of $82.96...

Rivian Automotive, Inc‘s (NASDAQ:RIVN) standing among sell-side firms has improved notably, particularly after the company reported its second-quarter deliveries. A slew of analysts upped their price target for the shares of the electric vehicle startup. An analyst, who announced...

Palantir Technologies, Inc. (NYSE:PLTR) shares are spiking higher in premarket trading on Friday after a Wedbush analyst initiated coverage of the stock with a bullish recommendation. The Palantir Analyst: Daniel Ives initiated coverage of Palantir stock with an Outperform rating and $25 price...

Shares of Roku, Inc. (NASDAQ:ROKU) rallied sharply in premarket trading on Friday. The streaming equipment maker reported second-quarter results that exceeded forecast, with revenue coming in at $847 million compared to the consensus estimate of $773.43 million. The company's loss unexpectedly...

Tesla, Inc. (NASDAQ:TSLA) shares have fallen about 12% since the electric vehicle maker reported its second-quarter results. What Happened: The stock weakness reflected investors' concern regarding further margin erosion due to potential price cuts, said Future Fund's Gary Black. CEO Elon Musk left...

Toymaker Mattel, Inc. (NASDAQ:MAT) reported better-than-expected second-quarter results, with adjusted earnings per share of $0.10, beating estimates, despite a 12% decline in net sales to $1.09 billion year-over-year. The company’s 2023 guidance of $1.10-$1.20 per share aligns with...

Meta Platforms, Inc. (NASDAQ:META) surprised investors with forecast-beating results and an optimistic outlook for the third quarter after the market close on Wednesday. What Happened: Meta saw a remarkable 11% year-over-year revenue increase in the second quarter, marking its first double-digit...

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk this week rebranded Twitter to X and also changed the bird logo to the letter “X.” Musk's backers and critics took exception to the change on the premise that it might ward off advertisers. What Happened: Future Fund's Gary Black is among those...

Most underperforming electric vehicle stocks staged a modest comeback in the week that ended on July 21, although market leader Tesla, Inc. (NASDAQ:TSLA) took a tumble as investors shrugged off a second-quarter beat and focused on certain comments from company CEO Elon Musk. Here are the key events...

Tesla, Inc. (NASDAQ:TSLA) stock tanked nearly 10% Thursday as investors reacted negatively to what at the outset seemed like a robust quarterly report. A Tesla bull delved into what might have acted as deterrents, sending investors scurrying for cover. What Happened: Elon Musk should stop talking...

Electric vehicle pioneer Tesla, Inc. (NASDAQ:TSLA) reported a record quarterly revenue and an earnings beat as gross margin contraction was not as worse as expected. The stock, however, fell in reaction after the results. Tesla skeptic and short seller Jim Chanos did some number...

Tesla, Inc. (NASDAQ:TSLA) is scheduled to report its second-quarter results Wednesday after the market close. Analysts, on average, expect earnings per share to rise year-over-year from $0.76 to $0.82 and revenue to jump 44.50% to $24.48 billion. One thing that has left investors...

Ford Motor Co. (NYSE:F) on Monday said it is cutting prices of its F-150 Lightning pickup truck by up to $9,979 and investors reacted to the news by sending the stock lower. Deepwater Asset Management analyst Gene Munster sees this as a reactionary move. What Happened: The 17% price cut announced...