OEM Parts Stocks Fall in Aftermarket Estimates as U.S. Auto Unit Underperforms
Key takeaways Revenue at Genuine Parts missed results as its U.S. auto parts group
Albemarle shares slump after BofA downgrades, anticipating weakness in lithium market
Takeaways Albemarle shares fell after Bank of America downgraded the stock due to expected
Spirit AeroSystems shares soar after reaching production deal with Boeing
Takeaways Esprit AeroSystems has reached an agreement with Boeing to strengthen its production system.
J.B. Hunt shares lower-than-expected profit decline and sales as freight prices fall
Takeaways J.B. Hunt missed its earnings and sales estimates due to lower prices for
ASML Orders Wrong Forecast and Company Warns 2024 Sales Will Be Flat
Takeaways Semiconductor equipment maker ASML reported orders well below forecast and the company warned
Nvidia partners with Foxconn to build and scale 'AI factories'
KEY TO REMEMBER Nvidia partners with Foxconn to build AI-powered data centers for a
Morgan Stanley's profit falls on rising costs and slow merger and IPO activity
Key takeaways Morgan Stanley's third-quarter profit fell as sales at its wealth management and
Lucid shares trade at all-time low after electric vehicle maker's deliveries miss estimates
Takeaways Luxury Electric vehicle manufacturer Lucid Group announced deliveries of its Air sedan well
Shares of VF Corp. soar as activist investor calls for new strategy
Takeaways Shares from VF Corp. soared nearly 14% on Tuesday after activist investor Engaged
Bank of America posts better-than-expected profit thanks to high interest rates
Takeaways Bank of the United States earnings and revenues beat forecasts, boosted by higher