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Tesla TSLA earnings Q2 2022

Jul 2022 20
Tesla reported earnings after the bell, and the results sent the stock up slightly after hours.Earnings per share (EPS): $2.27 (adjusted) vs $1.81 expected, according to RefinitivRevenue: $16.93 billion, vs. $17.1 billion expected, according to RefinitivAutomotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, impacted by inflation and more competition for battery cells and other components that go into electric vehicles. Automotive revenues made up $14.6 billion of the company's total, with $1.47 billion coming from services and other revenue, and $866 million from the company's energy segment.The company generated $344 million......

Stock futures extend Dow rally as Netflix earnings beat estimates

Jul 2022 20
U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday's regular trading session.Dow Jones Industrial Average futures rose 165 points, or 0.52%. S&P 500 and Nasdaq 100 futures climbed 0.58% and 0.61%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only 970,000 subscribers in the second quarter, less than the 2 million it had previously projected.Traders betting that markets found a bottom and will be pushed forward by stronger-than expected corporate earnings drove stocks higher Tuesday, with all three major indexes trading above their 50-day moving......
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