Company News for Oct 27, 2022

BA V CNI MRNA

  • Shares of Moderna, Inc. (MRNA - Free Report) rose 4% after reports emerged that it was close to winning a deal with the U.S. government to develop vaccines against ebola and other biological threats.
  • Visa Inc.’s (V - Free Report) shares gained 4.6% after the company reported fourth-quarter fiscal 2022 earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.86 per share.
  • Shares of Canadian National Railway Company (CNI - Free Report) rose 3.4% after the company reported third-quarter 2022 earnings of $1.63 per share, beating the Zacks Consensus Estimate of $1.51 per share.
  • The Boeing Company’s (BA - Free Report) shares plunged 8.8% after reporting third-quarter 2022 revenues of $15.96 billion, widely missing the Zacks Consensus Estimate of $17.50 billion.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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