Why Shares of Weibo Are Down Today

As chip companies continue to jockey for position in the AI boom, Taiwan Semiconductor (NYSE: TSM) is getting shunned despite handily beating Wall Street’s earnings estimates today. TSM shares have sunk over 5% in early trading to the low $.....»»

Barnes & Noble Education, Inc. announces a rights plan & equity investment to strengthen balance sheet. Stock down 65.7% at $0.2400. read more.....»»

HSBC Holdings shares dip as the company announces job cuts in its Asia investment bank amid declining dealmaking and slow market conditions in Hong Kong and China. read more.....»»

PNC Financial Services Group Inc (NYSE:PNC) shares are trading lower after it reported first-quarter FY24 results. The bank reported a revenue decline of 8% Y/Y to $5.15 billion, missing the consensus of $5.19 billion. Revenue d.....»»

Morgan Stanley (NYSE:MS) shares are trading higher after the company reported better-than-expected first-quarter FY24 financial results. The c.....»»

Morgan Stanley reports better-than-expected Q1 FY24 financial results, with revenues of $15.1B, led by Wealth Management and Investment Banking. read more.....»»

PNC reported lower Q1 FY24 results, with revenue declining 8% Y/Y. Net interest income fell 9% while noninterest income decreased 7%. Adjusted EPS was $3.36, above consensus. read more.....»»

Rivian Automotive shares are trading slightly lower in premarket after a significant slump, influenced by market concerns over Tesla's job cuts and Rivian's upcoming first-quarter financial results. read more.....»»

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Shares of the Israel-based cyber security firm rose more than 11% on Friday and are moving on h.....»»

M&T Bank Corporation (NYSE:MTB) shares are trading higher after it reported first-quarter FY24 results. Revenue of $2.260 billion, slightly missing the consensus of $2.263 billion. Net interest income expres.....»»

Charles Schwab Corporation (NYSE:SCHW) reported a first-quarter 2024 adjusted net income decline of 17% Y/Y to $.....»»

Shares of Medical Properties Trust, Inc. (NYSE: MPW) rose sharply in today’s pre-market trading after the company announced that it sold its majority interest in Utah Hospitals. read more.....»»

Shares of NextPlat Corp (NASDAQ: NXPL) rose sharply in today’s pre-market trading after the company reported consolidated 2023 revenues of $37.8 million, up 222% year over year read more.....»»

Roku plans to enhance viewing experience with personalized features while launching new premium TVs, alongside NBA FAST channel partnership. read more.....»»

Pieris Pharmaceuticals Inc (NASDAQ: PIRS) shares are trading higher by 57% at $2.91 after the company announced a respiratory and ophthalmology collaboration with Genentech. read more.....»»

Shares of several airline companies, including Delta Air Lines, Inc. (NYSE: DAL), United Airlines Holdings Inc (NASDAQ: UAL) and American Airlines Group Inc (NASDAQ: read more.....»»

Scopus BioPharma (NASDAQ:SCPS) shares are trading higher after the company announced the FDA has approved its IND application for CpG-STAT3siRNA, the company's distinctive immuno-oncology RNA therapy for the treatment of multiple cancers. read more.....»»

Some of the stocks that may grab investor focus today are: Wall Street expects Hormel Foods Corp (NYSE: HRL) to report quarterly earnings at $0.41 per share on revenue of $2.42 billion before the opening bell. Hormel shares gained 0.2% to $46.0.....»»

Tesla Inc (NASDAQ: TSLA) and Nio Inc - ADR (NYSE: NIO) shares are trading lower by 3% and 4%, respectively, Wednesday afternoon amid weakness in EV names, inflation concerns and growth names at large for the session. read more.....»»