Newsfeeds Archive - Page 23 of 319

2 minute read

What’s Going On With Lucid Stock Tuesday?

May 7, 9:45 AM

Lucid reported first-quarter revenue of $172.8 million, which beat the consensus estimate of $156.99 million, according to Benzinga Pro. The EV maker reported an adjusted loss of 30 cents per share, which missed estimates for a loss of 25 cents per share.

LCID

2 minute read

Palantir Stock Is Falling Tuesday: What’s Going On?

By Adam Eckert

May 7, 9:45 AM

Palantir said first-quarter revenue increased 21% year-over-year to $634 million, which beat the consensus estimate of $625.431 million, according to Benzinga Pro. Palantir reported adjusted earnings of 8 cents per share, which was in line with analyst estimates. The company has now delivered six straight quarters of GAAP profitability.

PLTR

2 minute read

Cannabis Stocks Retreat On New Rescheduling Order Developments: What’s Going On?

By Adam Eckert

May 6, 5:09 PM

The DEA was expected to move forward with its plans this week to remove cannabis as a Schedule 1 drug, where it currently sits alongside heroin and LSD, but new reports suggest the proposal has stalled.

CGC

2 minute read

Palantir Q1 Earnings: Revenue Beat And Raise, US Commercial Growth, Continued GAAP Profitability And More

By Adam Eckert

May 6, 4:23 PM

Palantir said first-quarter revenue increased 21% year-over-year to $634 million, which beat the consensus estimate of $625.431 million. Palantir reported adjusted earnings of 8 cents per share, which was in line with analyst estimates. The company has now delivered six straight quarters of GAAP profitability.

PLTR

2 minute read

What’s Going On With DraftKings Stock Monday?

By Adam Eckert

May 6, 11:00 AM

DraftKings shares are trading higher Monday following positive analyst coverage from multiple analyst firms. The price target increases come on the heels of DraftKings' first-quarter financial results.

DKNG

2 minute read

Movers
News

Why Lilium Stock Is Taking Off Today

By Adam Eckert

May 6, 9:51 AM

All-electric vertical take-off and landing jet company Lilium announced a new partnership with UrbanLink to operate Lilium Jets in South Florida. Under the agreement, UrbanLink will purchase 20 Lilium Jets, with scheduled pre-delivery payments, and become the first airline in the U.S. fully committed to integrating eVTOL aircraft into its fleet.

LILM

2 minute read

Bitcoin Mining Stocks Are Moving Higher Monday: What’s Going On?

By Adam Eckert

May 6, 9:36 AM

Following several days of net outflows, spot bitcoin ETFs reversed the trend last week and saw net inflows of approximately $378 million on Friday as bitcoin bounced off of recent lows and began moving higher.

CLSK

2 minute read

What’s Going On With Palantir Stock Monday?

By Adam Eckert

May 6, 8:45 AM

Palantir is due to report first-quarter financial results after the market close on Monday. The company is expected to report earnings of 8 cents per share on quarterly revenue of $625.431 million, according to Benzinga Pro.

PLTR

2 minute read

Carvana Stock Jumps On Q1 Earnings: Revenue Beat, Vehicles Sold Up 16%, Strong Guidance And More

By Adam Eckert

May 1, 4:51 PM

Carvana reports first-quarter revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion, according to Benzinga Pro.

CVNA

2 minute read

Etsy Q1 Earnings: Revenue Miss, EPS Miss, ‘Challenging Macroeconomic Environment’

By Adam Eckert

May 1, 4:28 PM

Etsy reports first-quarter revenue of $645.954 million, which missed the consensus estimate of $646.33 million, according to Benzinga Pro. The company reported quarterly earnings of 48 cents per share, which missed estimates of 49 cents per share.

ETSY