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AI

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NVDA

SNOW

NVIDIA, Snowflake, Digital Turbine, GigaCloud, and C3.ai stocks are drawing investor attention due to recent financial results and announcements. NVIDIA reported strong Q1 results, while Snowflake's Q2 product revenue guidance fell below estimates. Digital Turbine's Q4 revenue declined, GigaCloud's quarterly sales increased, and C3.ai gained following NVIDIA's positive earnings.

Portfolio Pulse from Bhavik Nair

May 25, 2023 | 1:22 am

BUD

DIS

PARA

PARAA

Pickleball, a fast-growing sport in the US, is filling vacant mall spaces as courts replace struggling retail tenants. Picklemall, backed by Major League Pickleball founder Steve Kuhn, plans to open 50 locations in the next 24 months. The sport's popularity has attracted celebrities and led to increased media coverage, with CBS Sports and ESPN acquiring rights to air tournaments and content.

Portfolio Pulse from Chris Katje

May 24, 2023 | 9:00 pm

XYF

X Financial reported a 57.9% YoY increase in total loan facilitation for Q1, with active borrowers up by 71.4%.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:52 pm

NVDA

Nvidia reported a rise in data center revenue for the quarter, driven by growing demand for generative AI and large language models using GPUs.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 8:35 pm

NVDA

NVIDIA expects Q2 2024 revenue to be around $11 billion, with a possible deviation of 2%, significantly higher than the estimated $7.15 billion.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:24 pm

PATH

UiPath expects Q2 revenue between $279M-$284M and FY24 revenue between $1.267B-$1.272B, both higher than estimates. Q2 ARR is projected at $1.301B-$1.306B and FY24 ARR at $1.427B-$1.432B.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 8:23 pm

AEO

American Eagle Outfitters (AEO) reported an 8% year-over-year decline in total ending inventory.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:22 pm

RRGB

Red Robin Gourmet Burgers has updated its FY23 revenue guidance from approximately $1.3 billion to at least $1.3 billion.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:22 pm

SPLK

Splunk raises its Q2 and FY24 revenue guidance, expecting Q2 revenue between $880M-$895M and FY24 revenue above the top end estimate of $3.9B. The company also increases its non-GAAP operating margin and free cash flow projections for FY24.

Portfolio Pulse from Happy Mohamed

May 24, 2023 | 8:09 pm

SNOW

Snowflake expects Q2 product revenue to be between $620 million and $625 million.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 8:06 pm