AstraZeneca reports, Li Auto earnings, Tapestry: 3 things to watch
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Bank of America reiterates Buy on Li Auto (LI) following 3Q beat
November 10, 2023 8:58 AM ESTBank of America Global Research reiterated a Buy rating on Li Auto (NASDAQ: LI) and raised their 12-month price target on the stock to $62.00 (from $61.00) after the electric automaker reported their 3Q earnings results.
Li Auto announced its third-quarter 2023 results, reporting a revenue of RMB34.B. A significant increase of 271% compared to the same period last year and a 21% growth from the previous quarter. The gross margin saw a rise to 22%, up... More
Geely's Zeekr inches closer to U.S. IPO, may file this week
November 9, 2023 10:34 AM ESTReuters reports Thursday, citing unnamed sources, that Chinese automaker Geely's premium electric car brand, Zeekr, is set to publicly release details of its plans this week to list shares on the New York stock exchange (NYSE).
According to the sources, Zeekr will reveal its prospectus, and soon after, its shares might start trading on the stock exchange.
Zeekr filed for a... More
Li Auto (LI) up in pre-market following 3Q beat
November 9, 2023 8:43 AM ESTShares of Chinese electric vehicle company, Li Auto (NASDAQ: LI) jumped nearly 2.5% during pre-market trading Thursday following the release of a promising 3Q report. The electric automaker exceeded expectations, reporting an EPS of RMB3.29, surpassing the projected RMB2.77 by RMB0.52.
Revenue for the quarter came in at RMB34.68 billion versus the consensus estimate of RMB32.54 billion.
Total vehicle deliveries for the quarter... More
