Streetbeat News

Stock Prices

ALAB

Astera Labs' stock price is trading lower following the announcement of its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:09 am

TWLO

Twilio's stock price declined following the announcement of its Q1 financial results and the provision of weaker than expected revenue guidance for Q2.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:09 am

BUD

Anheuser-Busch Inbev's stock (BUD) is trading higher after the company reported earnings for the first quarter that exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:08 am

SATS

EchoStar (NASDAQ:SATS) reported Q1 sales of $4.014 billion, missing the consensus estimate of $4.061 billion by 1.16%. This represents an 813.11% increase over the same period last year, where sales were $439.597 million.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:08 am

ANET

Arista Networks' shares surged after the company reported strong Q1 earnings and provided positive future guidance.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:08 am

FFND

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares dropped in premarket trading after reporting Q1 results with revenue of $1.204 billion, surpassing estimates but with a larger loss per share than expected. The company maintained its 2024 production guidance but reduced capital expenditure guidance by $550 million. Speculation about a potential Apple partnership and a significant free cash flow loss were also factors affecting the stock's performance. Future Fund Active ETF (NYSE:FFND), which holds Rivian shares, might also be impacted by Rivian's stock movement.

Portfolio Pulse from Shanthi Rexaline

May 08, 2024 | 10:07 am

TIGO

Millicom Intl Cellular (NASDAQ:TIGO) reported Q1 earnings of $0.54 per share, significantly beating the consensus estimate of $0.07 and marking a 2600% increase from $0.02 per share YoY. Sales reached $1.49B, surpassing the $1.45B estimate and showing an 8.62% increase from $1.37B YoY.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:07 am

PUBM

PubMatic shares surged following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company's Q2 revenue guidance surpassed estimates, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:07 am

VLCN

Volcon shares are trading lower following the announcement of a year-over-year decrease in Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:06 am

LYFT

UBER

Uber shares are trading higher, influenced by Lyft's positive performance after its Q1 earnings announcement.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 10:06 am