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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT RESULTS

Chevron, Exxon under pressure as falling natural gas prices hit earnings

Company News for Dec 6, 2022

Zacks Equity Research
·1 min read

  • Tesla, Inc.’s TSLA shares fell 6.4% on reports emerging that it was planning to cut the December output of its Model Y at its Shanghai plant by more than 20% compared to last month.

  • Shares of Amazon.com, Inc. AMZN slid 3.3% as growth stocks plunged on fears of a recession.

  • Shares of Salesforce, Inc. CRM plunged 7.4% after it announced the departure of Slack’s CEO.

  • Shares of Devon Energy Corporation DVN fell 2.8% on the broader energy slump.

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Zacks Investment Research