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Barclays Bank iPath Pure Beta Crude Oil ETN (NYSE:OIL) Brent Crude Oil prices fell slightly overnight to $124 per barrel, causing ETNs and ETFs with oil exposure to fall. Shares are trading 5.31% lower in Wednesday's premarket session.
ZIM Integrated Shipping (NYSE:ZIM) reported quarterly earnings of $14.17 per share, which beat the analyst consensus estimate of $13.20 by 7.35%. The company reported quarterly sales of $3.47 billion, which beat the analyst consensus estimate of $3.34 billion by 3.77%.
GameStop (NYSE:GME) GameStop has confirmed that its earnings release date of March 17, 2022. The company has also confirmed it will hold an investor conference call at 5 p.m. ET on March 17 to review the results.
Tesla (NASDAQ:TSLA) sales from its plant in Shanghai fell in February on a month-over-month basis, following the pattern of other electric vehicle makers. Tesla reportedly delivered 56,515 vehicles from its Chinese plant. About 33,000 were exported into Europe and 23,000 were sold in China.
Clover Health Investments (NASDAQ:CLOV) reported that Clover director Chelsea Clinton had recently purchased shares of CLOV stock. The transaction, which occurred March 3, saw Clinton purchase 100,000 shares for an average price of $2.52 per share.
Bed Bath & Beyond Inc (NASDAQ:BBBY) GameStop CEO Ryan Cohen purchased a 9.8% stake in the company. Cohen issued a letter stating, "We believe Bed Bath needs to narrow its focus to fortify operations and maintain the right inventory mix to meet demand, while simultaneously exploring strategic alternatives that include separating buybuy Baby, Inc and a full sale of the company."
Teradyne, Inc (NASDAQ:TER) Over the past month, the Zacks Consensus EPS estimate remained stagnant. Teradyne currently has a Zacks Rank of #3 (Hold).
Exxon Mobil Corp (NYSE:XOM) share prices have moved between a 12-month high of $86.35 and a 12-month low of $52.10 and are now trading 64% above that low price at $84.30 per share.
United States Oil ETF (NYSE:USO) Shares of the ETF are trading 6.24% lower to $80.10 during Wednesday's premarket session as oil prices slipped overnight.