Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity stock was down nearly 7% after the company’s revenue forecast for the current quarter undershot analysts’ estimates. CrowdStrike said it expects revenue in the range between $1.14 billion and $1.15 billion, while analysts polled by LSEG were looking for $1.16 billion. Dollar…
Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle company dropped 3% after sales in May declined in several European markets. Reuters reported that Tesla suffered weaker sales in Sweden, France, Spain, Denmark and the Netherlands, but improved in Norway, boosted by the revamped Model Y. Advertising stocks…
Check out the companies making headlines in Thursday trading. Salesforce — The customer relations management software maker’s shares traded 5% lower on Thursday after the company posted its latest quarterly results. RBC Capital Markets downgraded the stock, citing execution risks if the company continues acquiring. Salesforce did beat fiscal first-quarter estimates and raised its full-year outlook,…
Customers look at BYD electric cars at an auto show in Yantai, in eastern China’s Shandong province on April 10, 2025. Stringer | Afp | Getty Images BEIJING — Competition in China’s electric car market just got fiercer with consequences for the domestic economy and even the global auto market. Industry giant BYD last week…
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped…
Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said its full launch would be held in July. Adek Berry | Afp | Getty Images BEIJING — China’s Xiaomi, known for its smartphones, only recently entered the electric-vehicle space. It is now taking aim at Tesla’s bestselling car in…
Check out the companies making headlines in midday trading. D-Wave Quantum — The quantum computing stock surged more than 26% after announcing its latest computing system called Advantage2. Agilysys — The enterprise software developer for the hospitality industry rallied 21% after topping analysts expectations in its latest quarter. Agilysys reported fiscal fourth-quarter adjusted EBITDA of…
Check out the companies making headlines in midday trading. UnitedHealth — The health insurer’s stock popped roughly 7% as investors scooped up shares of the beaten-down name, which lost 23% last week. UnitedHealth had suspended its 2025 guidance, announced that its CEO is stepping down and is reportedly the subject of a U.S. Department of…
A 2025 Ford Expedition with bronze trim at the automaker’s Kentucky Truck Plant, April 30, 2025. Michael Wayland | CNBC LOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolled off the assembly line at Ford Motor‘s Kentucky Truck Plant. It was assembled — from its frame to completion — by…
Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model year is the “bZ,” cut down from the “bZ4X.” Toyota says the name change is to simplify…
