Crude Oil Rises Over 2%; Target Earnings Top Expectations
Wednesday, 17 May 2023, 18:16:30
U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 100 points on Wednesday. The Dow traded up 0.31% to 33,115.24 while the NASDAQ rose 0.30% to 12,379.47. The S&P 500, also rose, gaining, 0.34% to 4,123.96. Check This Out: Top 5 Consumer Stocks That May Plunge This Quarter Leading and Lagging Sectors Consumer discretionary shares rose by 1.4% on Wednesday. Meanwhile, top gainers in the sector included Studio City International Holdings Limited (NYSE: MSC ), up 11%, and Purple Innovation, Inc. (NASDAQ: PRPL ), up 12%. In trading on Wednesday, health care shares fell 0.6%. Top Headline Target Corp (NYSE: TGT ) reported better-than-expected results for its first quarter. The company a sales growth of 0.6% year-on-year to $25.32 billion, beating the analyst consensus estimate of $25.29 billion. Adjusted EPS of $2.05 beat the analyst consensus of $1.76. Inventory at the April end was $12.6 billion, down 16.3% Y/Y. It sees Q2 adjusted EPS of $1.30 – $1.70 against the Street view of $1.93; expects a low-single-digit decline in comparable sales.
Keysight Technologies, Triumph Group, Riskified And Other Big Stocks Moving Higher On Wednesday
Wednesday, 17 May 2023, 16:12:55
U.S. stocks traded mostly higher, with the Dow Jones gaining around 100 points on Wednesday. Here are some big stocks recording gains in today’s session. National Western Life Group, Inc. (NASDAQ: NWLI ) surged 35% to $360.76. National Western Life Group reported exploration of strategic alternatives. Tingo Group, Inc. (NASDAQ: TIO ) gained 17.7% to $4.51. Studio City International Holdings Limited (NYSE: MSC ) gained 16% to $7.92. Studio City recently reported Q1 financial results. ProPetro Holding Corp. (NYSE: PUMP ) rose 15.5% to $7.49. ProPetro plans $100 million share repurchase program. Triumph Group, Inc. (NYSE: TGI ) gained 14.7% … Full story available on Benzinga.com
Earnings Scheduled For May 10, 2023
Wednesday, 10 May 2023, 15:12:28
Companies Reporting Before The Bell • Nomad Foods (NYSE: NOMD ) is projected to report quarterly earnings at $0.42 per share on revenue of $851.81 million. • Banco Latinoamericano (NYSE: BLX ) is likely to report quarterly earnings at $0.42 per share on revenue of $263.98 million. • Beauty Health (NASDAQ: SKIN ) is likely to report quarterly loss at $0.02 per share on revenue of $90.37 million. • Vishay Intertechnology (NYSE: VSH ) is projected to report quarterly earnings at $0.55 per share on revenue of $845.80 million. • Bragg Gaming Group (NASDAQ: BRAG ) is estimated to report quarterly loss at $0.05 per share on revenue of $32.00 million. • Ballard Power Systems (NASDAQ: BLDP ) is projected to report quarterly loss at $0.13 per share on revenue of $24.08 million. • ProFrac Holding (NASDAQ: ACDC ) is estimated to report quarterly earnings at $0.80 per share on revenue of $893.04 million. • Roblox (NYSE: RBLX ) is projected to report quarterly loss at $0.40 per share on revenue of $765.
Why Nevro Shares Are Trading Lower By Around 19%? Here Are Other Stocks Moving In Thursday”s Mid-Day Session
Thursday, 20 April 2023, 19:33:20
Gainers Aditxt, Inc. (NASDAQ: ADTX ) shares gained 68.6% to $1.45. Aditxt signed asset purchase agreement to acquire 50% ownership of Global Response Aid with rights to manufacture and market broad-spectrum antiviral drug Avigan. Augmedix, Inc. (NASDAQ: AUGX ) shares rose 64% to $2.96 after the company announced a partnership with HCA Healthcare to accelerate the development of AI-enabled ambient documentation. Aethlon Medical, Inc. (NASDAQ: AEMD ) gained 64% to $0.69. CNS Pharmaceuticals, Inc. (NASDAQ: CNSP ) rose 53% to $2.72. Getaround, Inc. (NYSE: GETR ) surged 38% to $0.4955 after jumping over 40% on Wednesday. Getaround recently said it sees preliminary FY22 total revenues of $59 million to $60 million. United Insurance Holdings Corp. (NASDAQ: UIHC ) gained 30.9% to $2.16. United Insurance said unit entered memorandum with Florida Department of Financial Services, Division of Rehabilitation and Liquidation. ContraFect Corporation (NASDAQ: CFRX ) rose 23% to $2.17. Satixfy Communications Ltd. (NYSE: SATX ) climbed 21% to $1.05.
BBBY and APEI among consumer movers
Thursday, 20 April 2023, 18:37:21
Gainers: Studio City International Holdings (MSC) +18%. Eightco Holdings (OCTO) +11%. Allego (ALLG) +8%. Iridium Communications IRDM +7%. American Public Education (APEI) +7%
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