fell 1.1% in premarket trading after the electric-vehicle company lowered the price of its supervised Full Self-Driving software subscription to $99 a month from $199, and as
over the weekend informed some soon-to-be Cybertruck owners about delivery delays because of production issues. In addition, a report from Electrek said Tesla was preparing to lay off 10% of its global workforce. Tesla shares have fallen 31% this year.
reported first-quarter earnings of $11.58 a share, topping analysts’ estimates of $8.73 a share, and revenue of $14.21 billion beat forecasts of $12.9 billion. The stock was rising 2.8%.
is in advanced talks to acquire data-management software provider
The Wall Street Journal reported, citing people familiar with the matter.
has a market capitalization of more than $11 billion. According to the Journal, the price being discussed is below Informatica’s closing stock price on Friday of $38.48 a share following a recent jump in the shares. Informatica was falling 1.5% to $37.89 in premarket trading while
fell 2.7%.
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declined 0.8% after it was supplanted by
as the top smartphone provider in the first quarter, according to preliminary data from research firm International Data Corp.
shipped 50.1 million smartphones in the first quarter, down 9.6% from a year earlier. Samsung’s shipments fell 0.7% to 60.1 million units, making it the No. 1 seller of smartphones worldwide.
Shares of oil companies traded mixed Monday as oil prices declined Monday on relief that Iran’s drone attack on Israel over the weekend caused only minimal damage.
was up 0.2%,
rose 0.3%, U.S.-listed shares of
were up 0.3%, and
fell 0.1%.
Besides Goldman,
also is scheduled to report first-quarter earnings Monday. Charles Schwab traded 1% lower premarket trading. Analysts expect Schwab to report first-quarter earnings of 73 cents a share on revenue of $4.7 billion.
Reports are expected later in the week from
Taiwan Semiconductor Manufacturing
,
Netflix
,
and
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the nation’s largest hospital landlord, rose 14% after announcing late Friday the sale of its interests in five Utah hospitals to a new joint venture for $886 million.
Write to Joe Woelfel at joseph.woelfel@barrons.com
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