SolarEdge Technologies Inc reported fourth quarter EPS of $2.86, $1.32 better than the analyst estimate of $1.54. Revenue for the quarter came in at $890.7M versus the consensus estimate of $878.94M. Fourth Quarter 2022 Highlights Record revenues of $890.7 millionRecord revenues from solar segment of $837.0 millionGAAP gross margin of …
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US stocks that traded heavily or had substantial price changes, on Tuesday, include Caterpillar, down $11.35 to $183.51. The construction equipment maker’s second-quarter revenue fell short of Wall Street forecasts. Uber Technologies’ stock was up $4.65 to $29.25. The ride-application-based company reported surprisingly strong second-quarter revenue.BP PLC stock was up …
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Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.The benchmark 10-year US Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global …
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