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Trade Desk beats first-quarter results estimates on strong demand for ad tech
May 8 (Reuters) - The Trade Desk TTD.O on Thursday posted first-quarter revenue and profit above analysts' estimates, aided by strong demand for automated ad-buying technologies, sending it shares up 14% in extended trading.The ad firm's strong results come at a time when businesses are redu...Reuters
Thu, May 8
Janux Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Janux Therapeutics Inc JANX.OQ reported a quarterly adjusted loss of 38 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of ten analysts for the quarter was for a loss of 39 cents per share. Wal...Reuters
Thu, May 8
Kemper’s Lacher plays down possible tariffs impact on auto-heavy book
By Chris MunroMay 8 - (The Insurer) - Kemper Corporation chief Joseph Lacher has sought to allay concerns about possible impacts on the company’s auto-heavy portfolio from President Donald Trump’s trade policy and insisted the tariffs will not materially affect earnings.Discussing the Chicago, Illin...Reuters
Thu, May 8
Hut 8 Corp reports results for the quarter ended March 31 - Earnings Summary
Hut 8 Corp HUT.OQ reported a quarterly adjusted loss of $1.09 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.76. The mean expectation of eleven analysts for the quarter was for earnings of 14 cents per share. Wall Street expect...Reuters
Thu, May 8
Expedia misses quarterly revenue estimates amid weak US travel demand; shares down
May 8 (Reuters) - Online travel platform Expedia EXPE.O missed Wall Street estimates for quarterly revenue on Thursday, due to weaker than expected demand in the U.S., as the industry braces for a slowdown amid slower consumer spending.Shares of the company were down close to 5% in after-market trad...Reuters
Thu, May 8
Liberty Broadband Corp reports results for the quarter ended March 31 - Earnings Summary
Liberty Broadband Corp LBRDK.OQ reported quarterly adjusted earnings of $1.87 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.69. The lone analyst forecast for the quarter was for earnings of $1.56 per share. Revenue rose 8.6% ...Reuters
Thu, May 8
Celldex Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Celldex Therapeutics Inc CLDX.OQ reported a quarterly adjusted loss of 81 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -56 cents. The mean expectation of twelve analysts for the quarter was for a loss of 75 cents per share...Reuters
Thu, May 8
CANADA STOCKS-TSX hits 5-week high on energy company earnings, trade optimism
TSX ends up 0.4% at 25,254.06 Posts highest closing level since April 2Energy gains 2.8% as oil settles 3.2% higherCenovus jumps 9.1% after earnings beatBy Fergal Smith May 8 (Reuters) - Canada's main stock index rose to a five-week high on Thursday, as investors cheered corporate earnings as...Reuters
Thu, May 8
Rocket Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Rocket Pharmaceuticals Inc RCKT.OQ reported a quarterly adjusted loss of 56 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -66 cents. The mean expectation of fifteen analysts for the quarter was for a loss of 61 cents per s...Reuters
Thu, May 8
LIVE MARKETS-US stocks jump on trade progress
Main indexes up, led by Nasdaq as US, UK reach trade dealCons disc leads S&P 500 sector gainers; Healthcare weakest groupDollar advances; crude up >3.5%; gold down >1.5%Bitcoin rallies ~5%; above $100k for first time since Feb 7US 10-Year Treasury yield rises to ~4.39%Welcome to the home f...Reuters
Thu, May 8
Why Buffett Holding Occidental Petroleum Rallied Today
Shares of Buffett holding Occidental Petroleum (NYSE: OXY) rallied 6.2% in Thursday trading.Occidental reported earnings last night, with mixed results. However, investors focused on the profit metric, as Occidental displayed resilient production metrics with more efficient costs. Furthermore, and p...The Motley Fool
Thu, May 8
US STOCKS-Wall Street gains as first trade deal reached
US-UK trade deal reduces tariffs on US goods Boeing gains after UK to buy planes worth $10 billion Arm slides after bleak Q1 revenue forecastIndexes up: Dow 0.62%, S&P 500 0.58%, Nasdaq 1.07% By Chuck Mikolajczak NEW YORK, May 8 (Reuters) - U.S. stocks rose on Thursday as investors cheered a ...Reuters
Thu, May 8
Trade Desk posts first-quarter revenue above estimates
May 8 (Reuters) - The Trade Desk TTD.O on Thursday posted first-quarter revenue above analysts' estimates, aided by strong demand for automated ad-buying technologies, sending it shares up 14% in extended trading.Revenue for the first quarter grew 25% to $616 million, compared with estimates of ...Reuters
Thu, May 8
EMERGING MARKETS-Brazilian real jumps following rate hike; US-UK deal spurs global sentiment
Latam FX up 1%, stocks up 2.1%Brazil hikes interest rate to 14.75%, highest since August 2006Mexico's annual inflation was 3.93% in AprilIndia's rupee logs worst day since February 2023By Pranav Kashyap May 8 (Reuters) - Brazil's currency jumped on Thursday following an overnight inte...Reuters
Thu, May 8
Fidelity National Financial Inc reports results for the quarter ended March 31 - Earnings Summary
Fidelity National Financial Inc FNF.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of six analysts for the quarter was for earnings of $1.10 per sh...Reuters
Thu, May 8
US STOCKS-Wall Street rallies as first trade deal reached
US-UK trade deal reduces tariffs on US goods Boeing gains after UK to buy planes worth $10 blnArm slides after bleak Q1 revenue forecastBy Chuck Mikolajczak NEW YORK, May 8 (Reuters) - U.S. stocks rallied on Thursday as investors cheered a new trade agreement hammered out between the United State...Reuters
Thu, May 8
Bitcoin Soars Past $101,000 as Crypto Bounces Back
The crypto market came to life on Thursday as investors continued to buy riskier assets like cryptocurrencies and growth stocks. The Federal Reserve's move to not change interest rates yesterday played a role, but so does the seeming idea that trade tensions are easing.At 2:30 p.m. ET, Bitcoin (CRYP...The Motley Fool
Thu, May 8
Why Tesla Stock Is Surging Today
Shares of Tesla (NASDAQ: TSLA) are climbing on Thursday. The electric vehicle (EV) maker's stock gained 4.1% as of 3:20 p.m. ET and was up as much as 4.9% earlier in the day. The rise comes as the S&P 500 gained 1.1% and the Nasdaq Composite rose 1.8%.The company's stock is seeing a boost after Pres...The Motley Fool
Thu, May 8
