Trending tickers: Tesla, Intel, Robinhood, Fresnillo and Reckitt Benckiser [Yahoo! Finance]
RECKITT BENCKISR GP S/ADR (RBGLY)
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Source: Yahoo! Finance
"Starting early next month, in May, my time allocation to DOGE [Department of Government Efficiency] will drop significantly," said Musk in a post-earnings conference call on Tuesday. Tesla's first quarter earnings missed estimates, with revenue of $19.34bn (£14.51bn) versus expectations of $21.43bn, according to Bloomberg consensus. Adjusted earnings per share of $0.27 also came in below estimates of $0.44. Read more: FTSE 100 LIVE: Markets gain as Trump says China tariff will be cut 'substantially' from 145% Tesla shares have dropped 41% year-to-date, amid a backlash against Musk for his role heading up US president Donald Trump's DOGE, overseeing cuts to government agencies. Tesla sales have also fallen, with figures released earlier this month showing the company notched 336,681 deliveries in the first quarter, compared to expectations of 390,342. Mamta Valechha, consumer discretionary analyst at Quilter Cheviot, said that on the earnings call "Musk tried to steer investo
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News
- Why The Narrative Around Reckitt Is Shifting Amid Cautious Target Upgrades And Steady Guidance [Yahoo! Finance]Yahoo! Finance
- Olson Grimsley Lands on TopVerdict.com's 2024 List of Top 50 Wrongful Death and Top 100 Verdicts in US [Yahoo! Finance]Yahoo! Finance
- Reckitt Benckiser Group (OTCMKTS:RBGLY) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating.MarketBeat
- Why Analysts See Reckitt Benckiser's Story Shifting Toward Fairly Valued Steady Compounder Status [Yahoo! Finance]Yahoo! Finance
- Reckitt Benckiser Group (OTCMKTS:RBGLY) was upgraded by analysts at Barclays PLC from a "hold" rating to a "strong-buy" rating.MarketBeat