Tesla and Celestica beat in mixed trading

Allan Tong Posted On October 24, 2024

Markets were mixed Thursday as earnings beats and misses dominated trading.

In Canada, Celestica beat and shares jumped 18.27% while Mullen Group also beat and shares rallied 9.3%. Meanwhile, Royal Bank ended the session -1.21%, Teck Resources -5.44% after cutting its full-year outlook, and Boyd Group -3.26%. The TSX slipped 16 points, basically flat. WTI gave back 30 cents to US$70.50 while gold added US$20 to a lofty US$2,736.

On Wall Street, the S&P advanced 0.21%, the Nasdaq 0.76% and the Dow -0.33%. Tesla made headlines by surprisingly with a beat. Shares soared 21.93%. Similarly, Molina Healthcare beat and jumped 17.67%, but Newmont missed and tumbled 14.72% as Teradyne sank 11.02%. The U.S. 10-year yield held around 4.21% but Bitcoin surged 2.4% to US$68,125.

🧬 Celestica Inc (CLS-T) +18.27%

🚚 Mullen Group Ltd (MTL-T) +9.3%

🏛 Royal Bank (RY-T) -1.21%

⛏ Teck Resources Ltd. (B) (TECK.B-T) -5.44%

🛍 Boyd Group Services Inc. (BYD-T) -3.26%

🚗 Tesla Inc (TSLA-Q) +21.93%

👨‍⚕️ Molina Healthcare (MOH-N) +17.67%

⛏ Newmont Mining (US) (NEM-N) -14.72%

🧬 Teradyne Inc (TER-N) -11.02%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +2.4%