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Tesla , Li Auto — Tesla shares declined nearly 4%, hitting a 52-week low, following announcements of price cuts. Verizon reported $33 billion in revenue, slightly under the $33.32 billion figure penciled in by analysts, per FactSet. Informatica — The enterprise data management company tumbled nearly 9% after acquisition talks with Salesforce broke down. Salesforce shares inched higher by less than 1%. Riot Platforms — The bitcoin miner rallied 14% following the " halving" event , in which bitcoin mining rewards were cut in half.
Persons: Li Auto, Li, CNBC's David Faber, Salesforce, Crypto, Coinbase, MicroStrategy, UnitedHealth's OptumRx, Cardinal Health's, Zions, , Jesse Pound, Samantha Subin, Michelle Fox, Alexander Harring Organizations: Tesla, Reuters, Li Auto, Verizon Communications, Verizon, Paramount Global, Sony, Informatica, JPMorgan, Health Locations: China
Applovin reported 49 cents in earnings per share on $953 million of revenue. Analysts surveyed by LSEG were expecting 35 cents in earnings per share on $928 million of revenue. In the fourth quarter, Tripadvisor reported adjusted earnings of 38 cents per share on revenue of $390 million. Analysts surveyed by LSEG anticipated earnings of 22 cents a share and revenue of $374 million. NerdWallet reported a loss of 3 cents per share, while analysts were expecting 10 cents of positive earnings per share, according to LSEG.
Persons: Applovin, LSEG, Twilio, Albemarle, Tripadvisor, NerdWallet, Fastly Organizations: Cisco, Informatica — Locations: China, Informatica
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