{"id":9863,"date":"2023-05-17T07:42:43","date_gmt":"2023-05-17T11:42:43","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/tesla-target-western-alliance-doximity-evgo-keysight-and-more-market-movers\/"},"modified":"2023-05-17T07:42:44","modified_gmt":"2023-05-17T11:42:44","slug":"tesla-target-western-alliance-doximity-evgo-keysight-and-more-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=9863","title":{"rendered":"Tesla, Target, Western Alliance, Doximity, EVgo, Keysight, and More Market Movers"},"content":{"rendered":"
\n
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Stock futures traded modestly higher Wednesday as Wall Street monitored progress in the negotiations between President Biden and top Republican and Democratic congressional leaders to raise the debt ceiling.<\/p>\n

These stocks were poised to make moves Wednesday:\u00a0<\/p>\n

\n

\n Tesla
\n (TSLA) was rising 1.8% in premarket trading after CEO Elon Musk told shareholders at the electric-vehicle maker\u2019s annual meeting the company would try running some advertisements. Musk had said in the past that
\n Tesla
\n didn\u2019t need to advertise as demand always exceeded supply. Musk also said he planned to remain as the company\u2019s chief executive, and teased two new Tesla models.<\/p>\n

\n Target
\n (TGT) reported first-quarter adjusted earnings of $2.05 a share, beating Wall Street estimates of $1.77. Same-store sales in the period also beat estimates, rising 0.7%. Shares were up 1.4%.<\/p>\n

\n Doximity
\n (DOCS), the online medical platform provider,\u00a0said it expects fiscal first-quarter revenue of $106.5 million to $107.5 million,\u00a0below analysts\u2019 forecasts, and the stock was falling 9.2% in premarket trading.<\/p>\n

\n Western Alliance Bancorp.
\n (WAL) was rising 8.7% after disclosing that quarter-to-date deposits exceeded $2 billion as of May 12. That\u2019s up from $1.8 billion in deposit growth as of May 9. Deposit levels at regional banks have been under\u00a0market scrutiny\u00a0in the past few months following the collapse of Silicon Valley Bank.<\/p>\n

\n EVgo
\n (EVGO) was falling 8.6% in premarket trading to $5.24 after saying it has begun an underwritten public offering of $125 million of Class A common stock.<\/p>\n

\n Wynn Resorts
\n (WYNN) was rising 2.7% to $105.86 after shares of the casino company were upgraded to Overweight from Equal Weight at
\n Barclays,<\/span>
\n and the price target was raised to $135 from $120.<\/p>\n

\n Keysight Technologies
\n (KEYS), the electronic systems company, was poised to rise after fiscal second-quarter earnings beat Wall Street expectations and the company\u2019s adjusted profit forecast for the current quarter of $2 to $2.06 a share also topped estimates. The stock rose 7.6%.<\/p>\n

\n Kyndryl Holdings
\n (KD), the IBM spinoff that runs IT data centers and provides other related services for large technology buyers,\u00a0said it expects fiscal 2024 revenue to fall 6% to 8%, which implies revenue of\u00a0$16 billion\u00a0to\u00a0$16.4 billion, which is below analysts\u2019 expectations. <\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock futures traded modestly higher Wednesday as Wall Street monitored progress in the negotiations between President Biden and top Republican and Democratic congressional leaders to raise the debt ceiling. These stocks were poised to make moves Wednesday:\u00a0 Tesla (TSLA) was rising 1.8% in premarket trading after CEO Elon Musk told shareholders at the electric-vehicle maker\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":8035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-9863","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nTesla, Target, Western Alliance, Doximity, EVgo, Keysight, and More Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures traded modestly higher Wednesday as Wall Street monitored progress in the negotiations between President Biden and top Republican and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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