Company News for Nov 14, 2024

  • Occidental Petroleum Corp.’s (OXY) shares rose 1.7% after the company reported third-quarter 2024 adjusted earnings per share of $1.00, beating the Zacks Consensus Estimate of $0.80.
  • Shares of Spotify Technology S.A. (SPOT) jumped 11.4% after reporting third-quarter 2024 revenues of $4,382.93 million, surpassing the Zacks Consensus Estimate of $4,367.05 million.
  • Suncor Energy Inc.’s (SU) shares surged 3.9% after the company posted third-quarter 2024 adjusted earnings per share of $1.08, outpacing the Zacks Consensus Estimate of $0.88. 
  • Shares of CAE Inc. (CAE) climbed 11.4% after posting second-quarter fiscal 2025 adjusted earnings per share of $0.18, exceeding the Zacks Consensus Estimate of $0.13.

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Trillions of dollars in Federal funds have been earmarked to repair and upgrade America’s infrastructure. In addition to roads and bridges, this flood of cash will pour into AI data centers, renewable energy sources and more.

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Occidental Petroleum Corporation (OXY) : Free Stock Analysis Report

Suncor Energy Inc. (SU) : Free Stock Analysis Report

CAE Inc (CAE) : Free Stock Analysis Report

Spotify Technology (SPOT) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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