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Company News for Oct 25, 2022

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  • Shares of Microsoft Corporation (MSFT - Free Report) rose 2.1% on the broader tech rally.
  • Cadence Design Systems, Inc.’s (CDNS - Free Report) shares gained 0.5% after the company reported third-quarter 2022 earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.97 per share.
  • Shares of Tesla, Inc. (TSLA - Free Report) slid 1.5% on its price cut of its Model 3 and Model Y cars in China.
  • Bank of Hawaii Corporation’s (BOH - Free Report) shares fell 6.2% after reporting third-quarter 2022 revenues of $172.3 million, missing the Zacks Consensus Estimate of $183.6 million.

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