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Best Buy, Li Auto And 3 Stocks To Watch Heading Into Monday

Published 15/08/2022, 08:39
Updated 15/08/2022, 09:10
© Reuters.  Best Buy, Li Auto And 3 Stocks To Watch Heading Into Monday

With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Li Auto Inc. (NASDAQ: LI) to report a quarterly loss at $0.06 per share on revenue of $1.12 billion before the opening bell. Li Auto shares rose 0.2% to $32.54 in after-hours trading.
  • Best Buy Co Inc (NYSE: NYSE:BBY) is slashing store jobs to lower costs as the spending habits of customers change, the Wall Street Journal reported. Best Buy shares gained 1.6% to $81.57 in the after-hours trading session.
  • Analysts are expecting Tencent (HK:0700) Music Entertainment Group (NYSE: TME) to have earned $0.07 per share on revenue of $1.23 billion for the latest quarter. The company will release earnings after the markets close. Tencent Music shares gained 0.5% to $4.43 in after-hours trading.

  • Beam Global (NASDAQ: BEEM) reported downbeat results for its second quarter on Friday. Beam Global shares dropped 4.6% to $17.01 in the after-hours trading session.
  • Analysts expect Ferroglobe PLC (NYSE: GSM) to post quarterly earnings at $0.84 per share on revenue of $738.10 million after the closing bell. Ferroglobe shares gained 1.6% to $6.95 in after-hours trading.

Read at Benzinga

Read the original article on Benzinga

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