Streetbeat News

Earnings

NTNX

Nutanix shares are trading higher by 16% in pre-market trading after reporting better-than-expected Q3 results. Other stocks moving premarket include Nano Labs, Kubient, X Financial, Infobird, NVIDIA, Lizhi, Siyata Mobile, Ryvyl, and Bullfrog AI Holdings.

Portfolio Pulse from Lisa Levin

May 25, 2023 | 12:32 pm

BBY

Best Buy shares are trading higher following better-than-expected Q1 EPS results.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:28 pm

SPLK

Splunk reported better-than-expected Q1 financial results and issued Q2 revenue guidance above estimates, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:27 pm

FRPT

Jana Partners, Freshpet's largest shareholder with a 9.3% stake, plans to launch a proxy battle and nominate four directors. Jana accuses Freshpet's board of disregarding shareholder duties and using corporate resources for outside interests. Freshpet reported Q1 FY23 sales growth of 26.7% YoY to $167.52 million.

Portfolio Pulse from Vandana Singh

May 25, 2023 | 12:22 pm

DLTR

Dollar Tree reported mixed Q1 financial results and issued guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:22 pm

SNOW

Snowflake reported Q1 financial results and lowered its FY24 product revenue guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:21 pm

AMAT

AMD

ASML

AVGO

LRCX

MRVL

MU

NVDA

TSM

Semiconductor stocks are trading higher following NVIDIA's strong Q1 results and guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:12 pm

BBY

Best Buy CEO stated in a conference call that they expect the bottom for the decline in tech demand to be in calendar 2023.

Portfolio Pulse from Charles Gross

May 25, 2023 | 12:12 pm

NVDA

NVIDIA reported better-than-expected Q1 results and issued strong guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 12:10 pm

TSLA

XPEV

XPeng Inc's CEO Xiaopeng He announced during the Q1 earnings call that the company will prioritize scaling production over aggressive pricing strategies. The Chinese EV maker reported a 45.9% YoY sales decline in Q1 FY23, with quarterly deliveries down 17.9% YoY.

Portfolio Pulse from Anan Ashraf

May 25, 2023 | 12:10 pm