November 11, 20240 Comments

Tesla, Coinbase and Trump Media rise premarket; Sapiens slumps By Investing.com

Investing.com — US stock rose Monday, at the start of the new week that includes key inflation data as well as an abundance of Federal Reserve speakers. Here are some of the biggest premarket US stock movers today: Tesla (NASDAQ:) stock rose 7% after the EV manufacturer’s valuation closed above the $1 trillion mark on Friday, on expectations that CEO Elon Musk’s companies will get favorable treatment under President-elect Donald

Read More
November 11, 20240 Comments

Sapiens earnings missed by $0.05, revenue fell short of estimates By Investing.com

Investing.com – Sapiens (NASDAQ: ) reported third quarter EPS of $0.33, $0.05 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $137M versus the consensus estimate of $140.38M. Guidance Sapiens sees FY 2024 revenue of $541.00M-$546.00M versus the analyst consensus of $552.70M. Sapiens’s stock price closed at $39.45. It is up 13.53% in the last 3 months and up 59.85% in the last 12 months.

Read More