Page 11 - Daniel Ives News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Leading electric vehicle company Tesla Inc (NASDAQ:TSLA) reports first-quarter financial results after market close Tuesday, April 23. Here are the key earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Tesla to report first-quarter revenue of $22.34 billion, according to data from Benzinga Pro. The company reported revenue of $23.33 billion in last year's first quarter. Tesla has beaten revenue estimates from analysts in three of the last fi

Tesla shares hit new 52-week lows on Monday, a day ahead of earnings. The stock has been facing heavy selling pressure in recent months due to waning EV demand trends. The EV maker has reported weak quarterly results in two straight quarters and many analysts are concerned the company will turn in disappointing results after the bell.

General Motors Company GM shares are trading higher on Tuesday after raising its outlook for FY24, following a first-quarter beat. General Motors projects…

General Motors shares are trading higher on Tuesday after raising its outlook for FY24, following a first-quarter beat. According to Wedbush analyst Daniel Ives, the company is focusing heavily on profitability, with expenses continuing to be a big priority. BofA Securities analyst John Murphy said in a new investor note that there was optimism heading into the quarter.

Shares of the software giant have been suspiciously weak for the past few days. That's a subtle hint of short-term trouble.