Stocks in Pre-market: Pfizer, Tesla, Caterpillar, JetBlue Fall; Pinterest, Arista Rise; After Hours: PINS, WOLF, ANET

1 min read
Source: Investing.com
Stocks in Pre-market: Pfizer, Tesla, Caterpillar, JetBlue Fall; Pinterest, Arista Rise; After Hours: PINS, WOLF, ANET
Photo: Investing.com
TL;DR

Pfizer reports its first quarterly loss since 2019 due to charges related to its COVID products, while Pinterest soars after reporting better-than-expected Q3 results. Tesla continues to decline as its key supplier, Panasonic, cuts automotive battery production, raising concerns about a global slowdown in EV sales. Caterpillar's stock falls as its order backlog declines, overshadowing a rise in Q3 profit. Arista Networks gains after reporting strong results, indicating robust demand for cloud and AI offerings. JetBlue posts a wider-than-expected loss in Q3 and offers disappointing full-year guidance, while Anheuser Busch Inbev announces a $1 billion share buyback after beating expectations. BP's ADRs fall as it misses expectations with its Q3 earnings.

Share this article

Want the full story? Read the original reporting

Read on Investing.com