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Why MercadoLibre Stock Rocketed Higher on Thursday
Shares of MercadoLibre (NASDAQ: MELI) charged sharply higher on Thursday, gaining as much as 10.6%. As of 2:32 p.m. ET, the stock was still up 6.7%.The catalyst that sent the online retail and fintech specialist higher was its quarterly financial report, which far exceeded expectations.Where to inve...The Motley Fool
Thu, May 8
LENSAR Inc reports results for the quarter ended March 31 - Earnings Summary
LENSAR Inc LNSR.OQ reported a quarterly adjusted loss of $2.32 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of two analysts for the quarter was for a loss of 15 cents per share. Wall Street expect...Reuters
Thu, May 8
Excelerate Energy Inc reports results for the quarter ended March 31 - Earnings Summary
Excelerate Energy Inc EE.N reported quarterly adjusted earnings of 49 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of eight analysts for the quarter was for earnings of 39 cents per share. W...Reuters
Thu, May 8
Crocs Inc reports results for the quarter ended March 31 - Earnings Summary
Crocs Inc CROX.OQ reported quarterly adjusted earnings of $3.00 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.02. The mean expectation of fourteen analysts for the quarter was for earnings of $2.48 per share. Wall Street expec...Reuters
Thu, May 8
Apollo-backed Aspen Insurance valued at $3 billion as shares jump in NYSE debut
Aspen returns to public markets after over six yearsStock opens at $33.25 vs $30 IPO priceParent Apollo raises $398 million in Aspen's IPOBy Prakhar Srivastava and Arasu Kannagi Basil May 8 (Reuters) - Aspen Insurance AHL.N secured a valuation of $3.05 billion after its shares jumped 10.8% on...Reuters
Thu, May 8
Why Jumia Technologies Stock Soared Today
Shares of Jumia Technologies (NYSE: JMIA) were surging today after the African e-commerce company reported solid growth in orders, despite a decline in revenue, and guided to full-year profitability in 2027.The stock's gains seemed to come not because the overall results were strong, but because aft...The Motley Fool
Thu, May 8
Why Airline Stocks Are Flying Higher Today
The U.S. government has announced plans to spend "tens of billions" to upgrade the air traffic control system, advancements that will hopefully help alleviate concerns about flying following a series of high-profile incidents.The airlines are trading higher on the news, with Delta Air Lines (NYSE: D...The Motley Fool
Thu, May 8
Why XRP (Ripple) Is Soaring Today: President Trump's Tariff Deal and More
XRP (CRYPTO: XRP) is surging on Thursday. The price has risen 6% in the last 24 hours as of 2:17 p.m. ET. The move comes as the S&P 500 (SNPINDEX: ^GSPC) gained 1.1% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 1.7%.Multiple positive developments are driving Ripple's token higher.Where to in...The Motley Fool
Thu, May 8
Forward Air Corp reports results for the quarter ended March 31 - Earnings Summary
Forward Air Corp FWRD.OQ reported a quarterly adjusted loss of $1.12 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -64 cents. The mean expectation of six analysts for the quarter was for a loss of 56 cents per share. Wall Street ...Reuters
Thu, May 8
Why Sezzle Stock Was Sizzling Today
Shares of Sezzle (NASDAQ: SEZL) were on fire today as the buy-now, pay-later (BNPL) platform delivered strong results in its first quarter and raised its guidance.The quarter is the latest evidence of strong momentum in the business, and the stock was up 51% as of 1:24 p.m. ET.Where to invest $1,000...The Motley Fool
Thu, May 8
Energy Recovery Inc reports results for the quarter ended March 31 - Earnings Summary
Energy Recovery Inc ERII.OQ reported a quarterly adjusted loss of 17 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of three analysts for the quarter was for a loss of 3 cents per share. Wall ...Reuters
Thu, May 8
Berry Corporation (Bry) reports results for the quarter ended March 31 - Earnings Summary
Berry Corporation (Bry) BRY.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of five analysts for the quarter was for earnings of 8 cents per share. ...Reuters
Thu, May 8
US STOCKS-Wall Street rallies as first trade deal domino falls
US-UK trade deal reduces tariffs on US goods Boeing gains after UK to buy planes worth $10 blnArm slides after bleak Q1 revenue forecastIndexes up: Dow 1.26%, S&P 500 1.27%, Nasdaq 1.73%By Chuck Mikolajczak NEW YORK, May 8 (Reuters) - U.S. stocks rallied on Thursday as investors cheered a new...Reuters
Thu, May 8
Verastem climbs on FDA approval of ovarian cancer therapy
** Shares of cancer drugmaker Verastem VSTM.O rise 3% to $6.89 in afternoon trading** VSTM says the U.S. FDA approved its combo therapy to treat patients with a rare type of ovarian cancer** The therapy, under the brand name Avmapki Fakzynja Co-pack, is for adults with low-grade serous ovarian cance...Reuters
Thu, May 8
Osisko Gold Royalties Ltd reports results for the quarter ended March 31 - Earnings Summary
Osisko Gold Royalties Ltd OR.TO reported quarterly adjusted earnings of 16 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of nine analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range f...Reuters
Thu, May 8
Palantir Stock Is Soaring Today. Here's Why.
Shares of Palantir Technologies (NASDAQ: PLTR) are surging on Thursday. The artificial intelligence (AI)-powered data analytics company's stock gained 8.1% as of 1 p.m. ET and was up as much as 9% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) gained 1.5% and the Nasdaq Composit...The Motley Fool
Thu, May 8
Sunrun rises after Q1 revenue beat
** Shares of solar company Sunrun RUN.O rise 14.4% to $8.46** Company reported Q1 total revenue of $504.27 million late on Wednesday vs est. of $484.06 million - data compiled by LSEG** RUN posted Q1 net income of $50 million compared with a net loss of $87.8 million last year** Company also said th...Reuters
Thu, May 8
Xencor Inc reports results for the quarter ended March 31 - Earnings Summary
Xencor Inc XNCR.OQ reported a quarterly adjusted loss of 66 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.11. The mean expectation of ten analysts for the quarter was for a loss of 60 cents per share. Wall Street expec...Reuters
Thu, May 8
ON24 Inc reports results for the quarter ended March 31 - Earnings Summary
ON24 Inc ONTF.N reported a quarterly adjusted loss of 1 cent per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of five analysts for the quarter was for a loss of 3 cents per share. Wall Street expected r...Reuters
Thu, May 8
Why Fortinet Stock Is Plummeting Today
Shares of leading cybersecurity juggernaut Fortinet (NASDAQ: FTNT) were down 8% as of 1:15 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.The next-gen firewall specialist reported first-quarter earnings on Wednesday and delivered 14% sales growth alongside record-s...The Motley Fool
Thu, May 8
