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    Home»Amazon»Tesla, Amazon, Shopify, IBM, ServiceNow: Top Trending Stocks
    Amazon

    Tesla, Amazon, Shopify, IBM, ServiceNow: Top Trending Stocks

    honestcoupondeals_h8tsyfBy honestcoupondeals_h8tsyfJanuary 26, 2023No Comments2 Mins Read
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    Major Wall Street indices posted mixed performance Wednesday as investors and traders assessed the latest corporate earnings. Microsoft MSFTMore Provided weak guidance on earnings briefings. The Nasdaq Composite closed 0.18% lower, while the S&P 500 dropped his 0.018%. The Dow Jones finished slightly green.

    1. Tesla Inc. TSLA: Tesla shares rose 5.44% in extended trading on Wednesday after the company posted quarterly results with record earnings, operating profit and net profit. Tesla reported fourth quarter earnings of $24.32 billion. That was a 37% year-over-year increase, topping Street’s estimate of his $24.16 billion. Adjusted earnings per share were $1.19, beating Street’s estimate of $1.13.

    Also Read: Everything You Need to Know About Amazon Stock

    2. Amazon.com, Inc. AMZN: Amazon shares closed 0.89% higher on Wednesday. Workers at a retail giant’s warehouse in central Britain left Wednesday and registered a wage protest, Reuters reported. This is the first time the company’s UK operations have faced a strike.

    3. Shopify Inc. shop: Shopify’s shares closed 10.87% higher on Wednesday and rose another 1.23% after the company announced monthly price hikes for several plans. Shopify said starting Wednesday he will be updating prices for Basic, Shopify and Advanced plans.

    Four. IBM IBM: IBM shares fell 2.12% in extended trading on Wednesday. The company reported fourth-quarter earnings for him of $16.69 billion, beating his average analyst estimate of $16.4 billion. Adjusted earnings of $3.60 per share were in line with consensus expectations. The company plans to cut about 3,900 jobs, or 1.5% of his global workforce, according to Bloomberg.

    Five. Service Now Co., Ltd. now: The company’s shares closed 1.21% higher but fell 2.85% in extended trading on Wednesday. According to ServiceNow, revenue in the fourth quarter was $1.94 billion, up 20% year over year, in line with average analyst estimates.

    READ NEXT: Exclusive: Retail Trends for the Holiday Season — Linda Bolton Weiser on Toys and the Beauty Industry



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