Tesla, Chevron rise; Wolfspeed, Southwest fall

Jan 26, 2023, 2:15 PM | Updated: 2:26 pm

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:

Tesla Inc., up $15.84 to $160.27.

The electric vehicle maker’s profits surged in the fourth-quarter, beating Wall Street forecasts.

Chevron Corp., up $8.71 to $187.79.

The energy company raised its dividend and announced a $75 billion stock buyback program.

Lam Research Corp., up $9.35 to $497.75.

The semiconductor equipment maker’s fiscal second-quarter earnings and revenue beat analysts’ forecasts.

Wolfspeed Inc., down $4.87 to $77.09.

The maker of energy-efficient lighting gave investors a disappointing financial forecast.

American Airlines Group Inc., up 35 cents to $16.61.

The airline reported strong fourth-quarter profit and revenue.

Southwest Airlines Co., down $1.17 to $35.70.

The airline reported a big fourth-quarter loss following massive flight cancellations last month.

SAP SE, down $2.06 to $114.10

The business software maker is trimming its workforce after profits dropped sharply.

Seagate Technology Holdings Plc., up $6.76 to $69.01.

The hard drive maker beat Wall Street’s fiscal second-quarter earnings forecasts.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Several hundred students and pro-Palestinian supporters rally at the intersection of Grove and Coll...

Associated Press

Pro-Palestinian protests sweep US college campuses following mass arrests at Columbia

Columbia canceled in-person classes, dozens of protesters were arrested at New York University and Yale, and the gates to Harvard Yard were closed to the public Monday.

15 hours ago

Ban on sleeping outdoors under consideration in Supreme Court...

Associated Press

With homelessness on the rise, the Supreme Court weighs bans on sleeping outdoors

The Supreme Court is wrestling with major questions about the growing issue of homelessness as it considers a ban on sleeping outdoors.

16 hours ago

Arizona judge declares mistrial in case of rancher who shot migrant...

Associated Press

Arizona judge declares mistrial in the case of a rancher accused of fatally shooting a migrant

An Arizona judge declared a mistrial in the case of rancher accused of killing a Mexican man on his property near the U.S.-Mexico border.

17 hours ago

Donald Trump appears in court for opening statements in his criminal trial for allegedly covering u...

Associated Press

Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges as hush money trial gets underway

Donald Trump's criminal trial in New York over alleged hush money payments started with opening statements on Monday.

1 day ago

This satellite image from Planet Labs PBC shows Iran's nuclear site in Isfahan, Iran, April 4, 2024...

Associated Press

Israel, Iran play down apparent Israeli strike. The muted responses could calm tensions — for now

Israel and Iran are both playing down an apparent Israeli airstrike near a major air base and nuclear site in central Iran.

4 days ago

Speaker of the House Mike Johnson, R-La., talks to reporters just after lawmakers pushed a $95 bill...

Associated Press

Ukraine, Israel aid advances in rare House vote as Democrats help Republicans push it forward

The House pushed ahead Friday on a foreign aid package of $95 billion for Ukraine, Israel, Taiwan and other sources of humanitarian support.

4 days ago

Sponsored Articles


Condor Airlines

Condor Airlines can get you smoothly from Phoenix to Frankfurt on new A330-900neo airplane

Adventure Awaits! And there's no better way to experience the vacation of your dreams than traveling with Condor Airlines.



Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.


Day & Night Air Conditioning, Heating and Plumbing

Day & Night is looking for the oldest AC in the Valley

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

Tesla, Chevron rise; Wolfspeed, Southwest fall