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XOM US
Exxon and Chevron profits dragged down by weaker natural gas prices
Quarterly results signal pullback from bumper earnings in past two years - ft
22m ago
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CMG US
Chipotle Mexican Grill Options Trading: A Deep Dive into Market Sentiment
Financial giants have made a conspicuous bearish move on Chipotle Mexican Grill. Our analysis of options history for Chipotle Mexican Grill (NYSE: CMG ) revealed 61 unusual trades. Delving into the details, we found 34% of traders were bullish, while 39% showed bearish tendencies. Out of all the trades we spotted, 19 were puts, with a value of $778,701, and 42 were calls, valued at $4,170,820. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1690.0 to $4400.0 for Chipotle Mexican Grill over the recent three months. Volume & Open Interest Trends Looking at the volume and open interest is an insightful way to conduct due diligence on a stock. This data can help you track the liquidity and interest for Chipotle Mexican Grill's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, fo - benzinga
40m ago
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MMC US
Here's How Much You Would Have Made Owning Marsh & McLennan Stock In The Last 15 Years
Marsh & McLennan (NYSE: MMC ) has outperformed the market over the past 15 years by 4.1% on an annualized basis producing an average annual return of 16.27%. Currently, Marsh & McLennan has a market capitalization of $97.63 billion. Buying $1000 In MMC: ... Full story available on Benzinga.com - benzinga
41m ago
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MSFT US
Microsoft Q3 Shines Light On 'AI Innovation Cycle': Analysts See 'Plenty Of Runway For Growth'
Technology giant Microsoft Corporation (NASDAQ: MSFT ) reported third-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts are praising the company's growth of artificial intelligence platforms. The MSFT Analysts: Oppenheimer analyst Timothy Horan has an Outperform rating and price target of $450. Raymond James analyst Andrew Marok has an Outperform rating and raises the price target from $450 to $480. Goldman Sachs analyst Kash Rangan has a Buy rating and raises the price target from $450 to $515. Morgan Stanley analyst Keith Weiss has an Overweight rating and price target of $520. Wedbush analyst Daniel Ives has an Outperform rating and price target of $500. Bank of America analyst Brad Sills has a Buy rating and price target of $480. JPMorgan analyst Mark Murphy has an Overweight rating and raises the price target from $440 to $470. BMO Capital analyst Keith Bachman has an Outperform rating and pr - benzinga
42m ago
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MRNA US
Moderna's CEO Says Staff Should ConsultChatGPT 20 Times a Day
OpenAI has partnered with the drug maker to embed AI throughout the business. And Stphane Bancel says his staff should be using the system way more than you mightguess. - inc
43m ago
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BYD US
Boyd Gaming Q1 Earnings Miss Estimates
Boyd Gaming (NYSE: BYD ) came out with quarterly earnings of $1.51 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.82%. A quarter ago, it was expected that this casino operator would post earnings of $1.43 per share when it actually produced earnings of $1.66, delivering a surprise of 16.08%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Boyd, which belongs to the Zacks Gaming industry, posted revenues of $960.52 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 1.40%. This compares to year-ago revenues of $963.97 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers an - benzinga
47m ago
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XOM US
ExxonMobil Q1 Earnings Miss Estimates, Revenues Fall Y/Y
Exxon Mobil Corporation  (NYSE: XOM ) reported first-quarter 2024 earnings per share of $2.06 (excluding identified items), which missed the Zacks Consensus Estimate of $2.19. The bottom line also declined from the year-ago level of $2.83. Total quarterly revenues of $83,083 million missed the Zacks Consensus Estimate of $86,599 million. The top line also deteriorated from the year-ago quarter's figure of $86,564 million. Weak quarterly results primarily resulted from lower realizations of natural gas prices and decreased total production. Exxon Mobil Corporation Price, Consensus and EPS Surprise Exxon Mobil Corporation price-consensus-eps-surprise-chart | Exxon Mobil Corporation Quote Operational Performance Upstream The segment reported quarterly earnings (excluding identified items) of $5,660 million, down from $6,615 million reported in the year-ago quarter. This was mainly due to a 32% decrease in natural gas prices and other non-cash impacts from - benzinga
48m ago
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FE US
FirstEnergy Q1 Earnings Beat Estimates, Revenues Lag
FirstEnergy (NYSE: FE ) reported first-quarter 2024 operating earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 53 cents by 3.8%. However, the bottom line decreased 8.3% from the year-ago quarter's figure of 60 cents. Total Revenues Operating revenues of $3.29 billion missed the Zacks Consensus Estimate of $3.36 billion by 2.04%. The top line, however, increased 1.8% from $3.23 billion recorded in the year-ago quarter.   FirstEnergy Corporation Price, Consensus and EPS Surprise FirstEnergy Corporation price-consensus-eps-surprise-chart | FirstEnergy Corporation Quote Segmental Performance Distribution: Earnings from this segment totaled $1.77 billion, down 2.8% from the prior-year quarter's level. The decline can be attributed to higher planned operating expenses during 2024. Integrated: Earnings from this segment amounted to $1.09 billion, up 6.5% from the prior-year quarter's reported actuals. The improvement was pri - benzinga
48m ago
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CVX US
ExxonMobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices. - nytimes
49m ago
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EXPO US
Why Is Research Company Exponent Stock Soaring Today?
Engineering and scientific consulting firm  Exponent Inc  (NASDAQ: EXPO ) shares are skyrocketing after the company reported  better-than-expected first-quarter FY24 earnings . Exponent reported first-quarter FY24 sales growth of 3.3% year-on-year to $144.93 million, beating the analyst consensus estimate of $125.98 million. Exponent’s engineering and other scientific segment represented 84% of the company’s revenues before reimbursements in the first quarter of 2024. Operating income for the quarter increased 5.5% to $30.7 million, with an operating margin of 21.2%. EPS of $0.59  beat the ... Full story available on Benzinga.com - benzinga
56m ago
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XPO US
Behind the Scenes of XPO's Latest Options Trends
Whales with a lot of money to spend have taken a noticeably bullish stance on XPO . Looking at options history for XPO (NYSE: XPO ) we detected 19 trades. If we consider the specifics of each trade, it is accurate to state that 73% of the investors opened trades with bullish expectations and 26% with bearish. From the overall spotted trades, 4 are puts, for a total amount of $140,780 and 15, calls, for a total amount of $1,464,955. Projected Price Targets Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $130.0 for XPO during the past quarter. Volume & Open Interest Development Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for XPO's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across XPO's s - benzinga
56m ago
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INTU US
This Is What Whales Are Betting On Intuit
Investors with a lot of money to spend have taken a bullish stance on Intuit (NASDAQ: INTU ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with INTU, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 8 options trades for Intuit. This isn't normal. The overall sentiment of these big-money traders is split between 37% bullish and 37%, bearish. Out of all of the options we uncovered, 7 are puts, for a total amount of $451,035, and there was 1 call, for a total amount of $29,200. Expected Price Movements Taking into account the ... Full story available on Benzinga.com - benzinga
56m ago
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BIDU US
Check Out What Whales Are Doing With BIDU
Investors with a lot of money to spend have taken a bearish stance on Baidu (NASDAQ: BIDU ). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BIDU, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga 's options scanner spotted 13 uncommon options trades for Baidu. This isn't normal. The overall sentiment of these big-money traders is split between 38% bullish and 46%, bearish. Out of all of the special options we uncovered, 6 are puts, for a total amount of $343,192, and 7 are calls, for a total amount of $345,995. Projected Price Targets Analyzing the Volume and Open Interest in these contracts, it seems that the big players have ... Full story available on B - benzinga
56m ago
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RMD US
Why ResMed Stock Is Soaring Today
Investors liked the healthcare technology company's latest quarterly update. - fool
1h ago
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PANW US
Spotlight on Palo Alto Networks: Analyzing the Surge in Options Activity
Deep-pocketed investors have adopted a bullish approach towards Palo Alto Networks (NASDAQ: PANW ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PANW usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 26 extraordinary options activities for Palo Alto Networks. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 50% leaning bullish and 38% bearish. Among these notable options, 4 are puts, totaling $182,210, and 22 are calls, amounting to $864,907. What's The Price Target? After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $253.33 and $650 - benzinga
1h ago
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CVBF US
Assessing CVB Financial: Insights From 4 Financial Analysts
Ratings for CVB Financial (NASDAQ: CVBF ) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 3 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated CVB Financial and provided 12-month price targets. The average target is $19.0, accompanied by a high estimate of $20.00 and a low estimate of $18.00. This current average has decreased by 5.0% from the previous average price target of $20.00. Diving into Analyst Ratings: An In-Depth Exploration A comprehensive examination of how financial exper - benzinga
1h ago
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NWL US
Why Newell Brands Shares Are Gaining Friday
Newell Brands Inc.  (NASDAQ: NWL ) shares are  trading higher on Friday. The company’s first-quarter adjusted earnings per share were at the break-even point, compared with the analyst consensus estimate of a 7-cent loss. Quarterly revenues of $1.653 billion  beat the street view of $1.644 billion. Net sales slumped 8.4% compared with the prior year period, while the core sales declined by 4.7%. Normalized gross margin increased to 31.2% compared with 27.1% in the prior yearperiod. Normalized operating margin increased to 4.6% compared with ... Full story available on Benzinga.com - benzinga
1h ago
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BA US
Boeing Grapples With Cash Burn And Airline Quality Issues; Defense Unit Gains Traction
In this interview, Jeremy Bogaisky, a senior editor at Forbes, discusses Boeing's recent financial performance, highlighting better-than-expected first quarter results... - forbes
1h ago
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XOM US
Exxon Mobils stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin. - marketwatch
1h ago
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MSFT US
Stock Gains by Google and Microsoft Show a Payoff for AI Shift
Investors see short-term gains from tech giants that are pouring resources into AI, which is driving the sector's market rise. - inc
1h ago
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AON US
Aon Plc (AON) Q1 2024 Earnings Call Transcript
AON earnings call for the period ending March 31, 2024. - fool
1h ago
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SKX US
Why Skechers Stock Skyrocketed to an All-Time High Today
The footwear company delivered record quarterly results. - fool
1h ago
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HCA US
Why Is HCA Healthcare Stock Trading Lower On Friday?
HCA Healthcare Inc (NYSE: HCA ) reported on Friday its first-quarter revenues of $17.34 billion, up from $15.59 billion a year ago, beating the consensus of $16.78 billion . The hospital chain reported adjusted EPS of $5.36, up from $4.93 a year ago,  beating the consensus of $5.36 . “The strong fundamentals we saw in our business this past year continued into the first quarter of 2024. ... Full story available on Benzinga.com - benzinga
1h ago
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ASND US
Looking Into Ascendis Pharma's Recent Short Interest
Ascendis Pharma's (NYSE: ASND ) short percent of float has risen 13.75% since its last report. The company recently reported that it has 3.35 million shares sold short , which is 8.52% of all regular shares that are available for trading. Based on its trading volume, it would take traders 11.64 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price ... Full story available on Benzinga.com - benzinga
1h ago
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VFC US
How Is The Market Feeling About VF?
VF's (NYSE: VFC ) short percent of float has risen 13.22% since its last report. The company recently reported that it has 34.05 million shares sold short , which is 9.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.89 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price ... Full story available on Benzinga.com - benzinga
1h ago
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MED US
How Is The Market Feeling About Medifast?
Medifast's (NYSE: MED ) short percent of float has risen 29.89% since its last report. The company recently reported that it has 2.66 million shares sold short , which is 37.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.6 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price ... Full story available on Benzinga.com - benzinga
1h ago
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XOM US
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. - cnbc
1h ago
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TPX US
The 8 Best Tempur-Pedic Mattress Alternatives With Contouring Foams
The best Tempur-Pedic mattress alternatives offer pressure-relieving foams, but at a less expensive price. Here are our top picks from Nectar, Saatva, Purple and more. - forbes
1h ago
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LUV US
After 57 Years, Southwest Airlines Is Considering a Big Change That Could Delight Everyone
Southwest Airlines has long been all about cutting costs. This possible change is all about adding revenue. - inc
1h ago
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MSFT US
Dan Ives Says AI Is The 'Fourth Industrial Revolution' After 'Robust' Results From Microsoft And Google: '1995 Moment'
Tech bull Dan Ives expressed optimism after Microsoft Corp. (NASDAQ: MSFT ) and Alphabet Inc.'s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google's March 2024 quarter earnings, reiterating his belief that the 'AI revolution' is here . What Happened: Wedbush's Ives called Microsoft and Google's earnings 'robust' and said money is going into artificial intelligence (AI) technologies. He expressed his excitement about the strong tech results from Microsoft and Google and referred to the AI Revolution as a “1995 moment,' in an interview with Bloomberg Surveillance. He emphasized the need for increased AI spending, suggesting that it indicates a shift towards the “fourth industrial revolution.” Great to be on @bsurveillance with @FerroTV and @lisaabramowicz1 discussing robust tech results from Redmond and Alphabet as the AI Revolution is a 1995 ... Full story available on Benzinga.com - benzinga
1h ago
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AAPL US
Spotify Says Apple Rejects its App Update for EU Users
After a European Union ruling requiringin-app pricing information, Spotify claims Apple won't accept its new version. - inc
2h ago
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SNPS US
Looking At Synopsys's Recent Unusual Options Activity
Financial giants have made a conspicuous bullish move on Synopsys. Our analysis of options history for Synopsys (NASDAQ: SNPS ) revealed 9 unusual trades. Delving into the details, we found 44% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $171,280, and 7 were calls, valued at $377,928. Predicted Price Range After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $410.0 and $900.0 for Synopsys, spanning the last three months. Volume & Open Interest Development In today's trading context, the average open interest for options of Synopsys stands at 214.0, with a total volume reaching 205.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Synopsys, situated within the strike price corridor ... Full story available on Benzinga.c - benzinga
2h ago
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DHR US
Options Exercise: Rainer Blair At Danaher Realizes $7.05M
In a new SEC filing on April 25, it was revealed that Blair, President & CEO at Danaher (NYSE: DHR ), executed a significant exercise of company stock options. What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that Blair, President & CEO at Danaher in the Health Care sector, exercised stock options for 38,170 shares of DHR stock. The exercise price of the options was $59.91 per share. The Friday morning market activity shows Danaher shares down by 0.46%, trading at $244.68. This implies a total value of $7,052,565 for Blair's 38,170 shares. Discovering Danaher: A Closer Look In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries after the late 2023 di - benzinga
2h ago
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TER US
The Analyst Verdict: Teradyne In The Eyes Of 9 Experts
Teradyne (NASDAQ: TER ) has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 6 0 0 Last 30D 0 2 0 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 2 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $114.44, a high estimate of $130.00, and a low estimate of $100.00. Observing a 7.71% increase, the current average has risen from the previous average price target of $106.25. Analyzing Analyst Ratings: A Detailed Breakdown The standing of Teradyne among financial experts is revea - benzinga
2h ago
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ULTA US
$1000 Invested In Ulta Beauty 15 Years Ago Would Be Worth This Much Today
Ulta Beauty (NASDAQ: ULTA ) has outperformed the market over the past 15 years by 16.96% on an annualized basis producing an average annual return of 29.12%. Currently, Ulta Beauty has a market capitalization of $19.60 billion. Buying $1000 In ULTA: If ... Full story available on Benzinga.com - benzinga
2h ago
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SPSC US
Key Takeaways From SPS Commerce Analyst Ratings
4 analysts have shared their evaluations of SPS Commerce (NASDAQ: SPSC ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 0 0 Last 30D 1 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 1 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for SPS Commerce, presenting an average target of $201.0, a high estimate of $216.00, and a low estimate of $178.00. This current average reflects an increase of 16.86% from the previous average price target of $172.00. Decoding Analyst Ratings: A Detailed Look The perception of SPS Commerce by financial - benzinga
2h ago
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XOM US
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. Exxons stock is down more than 3%. Here is what Exxon reported for the first quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.06 vs. $2.20 expected Revenue: $83.08 billion vs. $78.35 billion expected The nations largest oil company reported net income of $8.22 billion, or $2.06 per share, a 28% decrease from earnings of $11.43 billion, or $2.79 per share, in the same period a year ago. Revenue beat expectations, coming in at $83.08 billion, but was lower than a year ago, when the company reported $86.56 billion. Exxon CEO Darren Woods said the results were in line with the companys plan, attributing the earnings miss to noncash and inventory adjustments. In fact, in some cases they outperformed, Woods said of the results in - reddit
2h ago
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INTC US
Intel shares slump over 12% as AI competition hurts forecast
Intel shares slumped more than 12% on Friday after a downbeat forecast signaled that the boom in AI was diverting enterprise spending away from its traditional data center chips. - economictimes indiatimes
2h ago
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NFLX US
Netflix Options Trading: A Deep Dive into Market Sentiment
Deep-pocketed investors have adopted a bullish approach towards Netflix (NASDAQ: NFLX ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NFLX usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Netflix. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 36% leaning bullish and 36% bearish. Among these notable options, 6 are puts, totaling $431,148, and 13 are calls, amounting to $544,308. Expected Price Movements After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $270.0 and $645.0 for Netflix, spanning the - benzinga
2h ago
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GBTC US
Is Ethereum Dead? Trends and Technology Shifts
Is Ethereum Dead? Trends and Technology Shifts In 2024, the vitality of Ethereum has sparked widespread curiosity in the digital currency sphere. Many ask, “Is Ethereum Dead?” and is the Ethereum blockchain dead. These questions might surprise many because Ethereum has been a key player in the blockchain realm since its start. It has pioneered […] The post Is Ethereum Dead? Trends and Technology Shifts appeared first on FinanceBrokerage . - financebrokerage
2h ago
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TPC US
Skechers Reports Upbeat Earnings, Joins Tutor Perini, AppFolio, Newell Brands And Other Big Stocks Moving Higher On Friday
U.S. stocks were higher, with the Dow Jones jumping over 150 points on Friday. Shares of Skechers U.S.A., Inc. (NYSE: SKX ) rose sharply during Friday's session after the company reported better-than-expected first-quarter FY24 earnings . Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204 billion. EPS of $1.33 beat the analyst consensus of $1.10, according to data from Benzinga Pro . Skechers raised FY24 sales outlook from $8.60 billion-$8.80 billion to $8.725 billion-$8.875 billion, against an estimate of $8.781 billion. The company also raised FY24 EPS outlook from $3.65-$3.85 to $3.95-4.10 versus an estimate of $3.90. Skechers U.S.A. shares climbed 16% to $68.20 on Friday. Here are some other big stocks recording gains in today's session. Universal Logistics Holdings, Inc . (NASDAQ: ULH ) shares jumped 45.2% to $47.76 after the company reported better-than-expected - benzinga
2h ago
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NVO US
Here's How Much You Would Have Made Owning Novo Nordisk Stock In The Last 10 Years
Novo Nordisk (NYSE: NVO ) has outperformed the market over the past 10 years by 8.67% on an annualized basis producing an average annual return of 19.12%. Currently, Novo Nordisk has a market capitalization of $565.70 billion. Buying $1000 In NVO: If ... Full story available on Benzinga.com - benzinga
2h ago
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ROP US
Software Provider Roper Tech Boosts Annual Outlook Following Q1 Performance: The Details
Roper Technologies Inc  (NASDAQ: ROP ) reported fiscal first-quarter 2024 revenue growth of 14% year-on-year to $1.68 billion, beating the analyst consensus  estimate of $1.65 billion . Adjusted EPS of $4.41 beat the analyst  consensus estimate of $4.34 . Gross profit increased to $1.18 billion from $1.02 billion a year ago. Operating income increased to $483.9 million from $360.1 million the prior quarter. Adjusted EBITDA rose 16% year over year to $676 million, and margin expanded by 60 basis points to 40.2%. Operating cash flow for the quarter totaled $531 million, up by 14% Y/Y. The company held $198.4 million in cash and equivalents as of March 31, 2024. Neil Hunn, Roper Technologies’ President and CEO said, “We completed our acquisition of Procare during the first quarter and remain excited about the value creation opportunity this represents for Roper.” ... Full story available on Benzinga.com - benzinga
2h ago
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TSLA US
Market Clubhouse Morning Memo - April 26th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market. We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market's pulse to optimize your trading gains. Now, let's dive into the stock analysis: SPDR S&P 500 ETF Trust The SPY (ARCA: SPY) is currently trading around our level of 506.71. Bulls are aiming for an initial push higher to 507.52. If momentum sustains and the price stays robust above 507.52, the next target for buyers is 508.34. Holding 508.34 during the trading hours would likely lead to a move t - benzinga
2h ago
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LSBK US
Lake Shore Bancorp, Inc. Declares First Quarter 2024 Dividend
DUNKIRK, N.Y., April 26, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the 'Company') (NASDAQ: LSBK ), the holding company for Lake Shore Savings Bank (the 'Bank'), announced yesterday that it received the written approval from the Federal Reserve Bank of Philadelphia (the 'Reserve Bank') to pay a cash dividend of $0.18 per share to its stockholders. Additionally, the Reserve Bank also issued a non-objection to Lake Shore, MHC (the 'MHC'), the Company's mutual holding company parent, to waive the MHC's receipt of cash dividends on its common stock up to $0.72 per share during the twelve-month period ending April 2, 2025 (the 'Dividend Waivers'). As the Company has previously disclosed, the MHC received the approval of its members (depositors of Lake Shore Savings Bank) for the Dividend Waivers on April 2, 2024. On April 25, 2024, the Board of Directors declared a cash dividend of $0.18 per share on its outstanding common stock. The dividend is expected to be paid - benzinga
2h ago
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TSLA US
'Meta Actually Has Major Profit Margins Unlike Tesla': Redditor Reacts To Stock Drop Following Q1 Earnings
Meta Platforms Inc (NASDAQ: META ), formerly Facebook, recently reported a revenue and earnings beat for Q1 2024 but issued disappointing guidance for the future . This news caused the stock to drop 11% in extended trading, overshadowing the positive quarterly results. While earnings per share ($4.71) and revenue ($36.46 billion) exceeded expectations, the company’s forecast for Q2 fell short of analysts’ estimates, with projected revenue between $36.5 billion and $39 billion. Also Read: Meta’s Unexpected Stock Plunge Following A Strong Earnings Report And Bold AI Investment Reddit users on r/stocks shared their views on Meta’s performance and valuation. They drew comparisons to other tech giants like Tesla Inc (NASDAQ: TSLA ) and discussed the company’s anticipated capital expenditures (capex) in artificial intelligence (AI). Comparing Valuations To Tesla Some Redditors compared Meta’s valuation to Tesla. They noted ... Fu - benzinga
2h ago
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MOMO US
Stock Market Dodges A Bullet Momo Gurus Proven Wrong
To gain an edge, this is what you need to know today. Fed’s Favorite Inflation Gauge Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is consolidating between the resistance zone and support zone. RSI on the chart shows that the stock market can go either way from here. This morning, the stock market dodged a big bullet. The bullet was the fear that PCE, the Fed’s favorite inflation gauge, would come higher than the consensus. The data came inline with the consensus. Here are the details: Headline PCE came at 0.3% vs. 0.3% consensus. Core PCE came at 0.3% vs. 0.3% consensus. The PCE data just released has proven that The Arora Report call has been spot on. The Arora Report call has been that inflation is coming from services and is sticky. Digging below the hea - benzinga
2h ago
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XOM US
ExxonMobil (XOM) Reports Larger Profit Declines Than Expected
In the world of energy giants, few names carry as much weight as ExxonMobil. As a key player in the oil and gas industry, its performance often serves as a barometer for the sector as a whole. Recently, however, the company has faced some challenges, with its latest earnings report revealing larger year-over-year profit declines […] This article ExxonMobil (XOM) Reports Larger Profit Declines Than Expected appeared first on Guerilla Stock Trading . - guerillastocktrading
2h ago
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CNC US
Centene's First-Quarter Surge: Sales Soar To $40.41B, Exceeding Expectations: What's Next For The Healthcare Company?
Centene Corporation  (NYSE: CNC ) reported first-quarter sales of $40.41 billion, up 11% Y/Y, beating the consensus of $36.14 billion. Premium and service revenues increased 4% to $36.3 billion, driven by membership growth in the Marketplace business due to strong product positioning and overall market growth, partially offset by recent divestitures in the Other segment and lower Medicaid membership primarily  due to redeterminations . The health benefits ratio of 87.1% for the first quarter of 2024 represented an increase from 87.0% in the comparable period in 2023. Related:   See How Florida’s Much Awaited Medicaid ... Full story available on Benzinga.com - benzinga
2h ago
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JEO LSE
Biden-Inspired 'Jeo Boden,' Dogwifhat And Other Memecoins 'Are Aiming For New Highs,' Says Crypto Analyst
In a recent social media update, a well-known crypto analyst, Crypto Dog, forecasted a bullish run for memecoin Jeo Boden (CRYPTO: BODEN ) and NEAR Protocol (CRYPTO: NEAR ). What Happened : Crypto Dog anticipates that BODEN is on the verge of a breakout following a consolidation period, Daily Hodl reported on Thursday. The memecoin has witnessed a remarkable twenty-fold surge since the beginning of March. The analyst’s chart indicates that BODEN is currently testing a downward-sloping resistance level on its daily chart. Crypto Dog also highlighted that several other memecoins, including dogwifhat (CRYPTO: WIF ), are showing bullish signs. “Not just WIF though, a good handful of mid/high cap memecoins are aiming for new highs,” he stated. Regarding NEAR Protocol, Crypto Dog expressed a bullish sentiment based on the artificial intelligence (AI) narrative, among other factors. NEAR’s Co-Founder Illia Polosukhin had previously stated t - benzinga
2h ago
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