Morgan Stanley Initiates Coverage On STMicroelectronics with Equal-Weight Rating
Morgan Stanley analyst Lee Simpson initiates coverage on STMicroelectronics (NYSE:STM) with a Equal-Weight rating.
Why Meta Platforms Shares Dipped Around 25%; Here Are 77 Biggest Movers From Yesterday
Gainers
UserTesting, Inc. (NYSE: USER) shares jumped 91.7% to close at $7.40 after the company announced it will be acquired by Thoma Bravo and Sunstone Partners for $1.3 billion. The company also reported better-than-expected Q3 sales results.
Why UserTesting Shares Are Trading Higher By Around 93%? Here Are 53 Stocks Moving In Thursday’s Mid-Day Session
Gainers
HeartCore Enterprises, Inc. (NASDAQ: HTCR) gained 111% to $2.03 after the company announced it entered into a license agreement with Transcosmos Digital Technology for its Apromore process mining tool.
Credit Suisse, Meta Platforms, Wolfspeed And Some Other Big Stocks Moving Lower On Thursday
U.S. stocks traded mixed, with the Dow Jones gaining more than 300 points on Thursday. Here are some big stocks recording losses in today’s session.
STMicroelectronics: Q3 Earnings Insights
STMicroelectronics (NYSE:STM) reported its Q3 earnings results on Thursday, October 27, 2022 at 01:00 AM.
Here's what investors need to know about the announcement.
Earnings Scheduled For October 27, 2022
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.
STMicroelectronics Q3 EPS $1.16 Beats $1.04 Estimate, Sales $4.32B Beat $4.24B Estimate
STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.04 by 11.54 percent. This is a 127.45 percent increase over earnings of $0.51 per share from
To Compete With Tesla, Volkswagen Injects $2.3B In Chinese Autonomous Driving Venture
Volkswagen AG's (OTC: VWAGY) software unit Cariad will take a 60% stake in a new venture with Chinese technology firm Horizon Robotics for over $2 billion.
10 Information Technology Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
STMicroelectronics To Build Italy Chip Plant With Government Aid To Beef Up Its EV Presence
STMicroelectronics N.V. (NYSE:STM) will build an integrated Silicon Carbide (SiC) substrate manufacturing facility in Italy. The facility will support the…