Apple Inc. Stock Tumbles 2.15%: A Closer Look

BlackBerry (BB) Stock Moves 10.1%: What You Should Know

BlackBerry Ltd.'s (BB) stock has moved 10.1% in the past 24 hours, making it one of the top-performing stocks in the market. The significant price movement is attributed to the company's impressive quarterly earnings report, which exceeded expectations.

For the third quarter, BlackBerry reported adjusted earnings per share (EPS) of $0.05, beating the consensus estimate of $0.03. Revenue also surpassed expectations, coming in at $243 million compared to the predicted $235 million.

The company's QNX software, which is used in a wide range of industries, including automotive, healthcare, and finance, was a key driver of the strong earnings. BlackBerry's QNX software is used by over 120 million vehicles on the road today, making it a significant player in the rapidly growing autonomous driving market.

In addition to the strong earnings, BlackBerry also announced a new partnership with Volkswagen Group to develop a next-generation infotainment system for the automaker's vehicles. This deal is expected to generate significant revenue for BlackBerry in the coming years.

The strong earnings and the new partnership have sent BlackBerry's stock soaring, with the company's market capitalization increasing by over $1 billion in the past 24 hours. The stock's 10.1% price movement is a significant gain, and it is likely to continue to be a hot topic in the market in the coming days.

For investors looking to get in on the action, BlackBerry's strong earnings and the company's growing presence in the autonomous driving market make it an attractive option. With the company's stock price moving 10.1% in the past 24 hours, it is clear that BlackBerry is a stock to watch in the coming days.