Streetbeat News

Earnings

CLX

Clorox shares surged following the announcement of stronger than anticipated Q2 financial outcomes and an upward revision of its FY24 adjusted EPS forecast, surpassing analyst expectations.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:42 pm

DECK

Deckers Outdoor's stock price increased following the announcement of their Q3 financial results, which exceeded expectations. The company also provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:41 pm

AAPL

Apple's stock is trading lower following a report of a year-over-year decrease in Q1 sales in Greater China.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:41 pm

AMZN

META

The U.S. labor market added 353,000 jobs in January, surpassing expectations and indicating strong economic activity. This robust job growth, along with a steady unemployment rate at 3.7% and higher-than-expected wage growth, has impacted market expectations regarding Federal Reserve interest rate policies. Treasury yields increased, and while futures linked to major U.S. stock averages initially rose, the gains were primarily driven by tech giants Meta Platforms Inc. and Amazon.com Inc. following their positive earnings reports.

Portfolio Pulse from Piero Cingari

February 02, 2024 | 1:40 pm

FANG

META

PYPL

SNAP

TSM

UBER

On CNBC's 'Halftime Report Final Trades,' experts highlighted their picks ahead of tech earnings. Josh Brown focused on Uber Technologies, anticipating its results. Bryn Talkington recommended Diamondback Energy, noting a recent analyst adjustment. Steve Weiss favored Taiwan Semiconductor Manufacturing, mentioning its expansion plans. Sarat Sethi chose Meta Platforms, highlighting its strong quarterly results and financial moves. The article also provided recent price actions for these companies and others mentioned.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:39 pm

AMZN

META

TEAM

Meta and Amazon shares surged following better-than-expected Q4 financial results, with Meta also initiating a dividend and increasing its share repurchase authorization. Atlassian shares fell after reporting Q2 results.

Portfolio Pulse from ryanfaloona@benzinga.com

February 02, 2024 | 1:37 pm

AMZN

Amazon's stock price increased following the announcement of its Q4 financial results, which exceeded expectations, along with positive future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:35 pm

TEAM

Atlassian's stock price declined following the announcement of its Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:35 pm

META

Meta's shares surged following the announcement of impressive Q4 financial results, the initiation of a quarterly dividend of $0.50 per share, and a $50 billion increase in its share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:35 pm

INBS

Intelligent Bio Solutions (INBS) reported preliminary Q2 revenue of $0.76 million, which is below the estimated $1.008 million.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:34 pm