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NIO

Global markets showed mixed results with the U.S. stock markets closing mixed after the Federal Reserve held interest rates steady. U.S. private employers added 192,000 jobs in April, and the ISM manufacturing PMI indicated a contraction. Energy stocks in the S&P 500 saw the biggest drop, while utilities gained. Asian markets were mixed, with notable gains in Hong Kong shares of Chinese electric vehicle makers like Nio Inc after strong April delivery numbers. European markets were mostly down, and commodities saw crude oil trading higher.

Portfolio Pulse from Akanksha Bakshi

May 02, 2024 | 10:49 am

CAH

Cardinal Health's stock price has declined due to the company missing its Q3 revenue targets.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:48 am

CAH

Cardinal Health reported Q3 2024 adjusted EPS of $2.08, surpassing the $1.95 estimate, marking a 19.54% year-over-year increase. However, their sales of $54.911B fell short of the $56.054B estimate, despite being an 8.76% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:47 am

APTV

Aptiv projects its FY24 adjusted EPS to be between $5.80 and $6.30, surpassing the estimated $5.75. However, its forecasted net sales of $20.85B to $21.45B fall short of the expected $21.58B.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:47 am

APTV

Aptiv reported Q1 2024 adjusted EPS of $1.16, surpassing the $1.02 estimate, but its sales of $4.9B fell short of the expected $5.008B. This represents a 1.70% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:46 am

CNHI

CNH Industrial reported Q1 2024 adjusted EPS of $0.33, surpassing the $0.27 estimate, with sales of $4.818B also beating the $4.372B estimate. However, both earnings and sales saw a decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:45 am

USO

OPEC+ is considering extending oil production cuts, but formal discussions have not yet begun, according to sources cited by Reuters. This consideration could impact global oil supply and prices.

Portfolio Pulse from Charles Gross

May 02, 2024 | 10:44 am

CNK

Cinemark Holdings reported better-than-expected Q1 results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:42 am

TRI

Thomson Reuters (NYSE:TRI) reported Q1 adjusted earnings of $1.11 per share, surpassing the $0.95 estimate, and sales of $1.89B, exceeding the $1.86B estimate. This represents a 32.14% increase in earnings and an 8.46% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:41 am

AULT

Ault Alliance announced it has regained compliance with NYSE American continued listing standards, indicating improved financial or operational metrics that meet the exchange's requirements.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 10:40 am