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Lekha Gupta

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TotalEnergies’ Strategy: CEO Reportedly Affirms France Listing While Eyeing US Markets

By Lekha Gupta
May 15, 8:19 AM
TotalEnergies SE will reportedly stay listed in France, but may offer shares to US shareholders due to higher valuation in US market.

TTE

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Why Is Pixelworks Stock Diving Premarket Wednesday?

By Lekha Gupta
May 15, 7:51 AM
Pixelworks reported Q1 results with revenue up 61% and cash at $46.2m. The CEO noted new partnerships and plans to expand their mobile business.

PXLW

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Why Is Nextracker Stock Seeing Blue Skies Premarket Wednesday?

By Lekha Gupta
May 15, 6:46 AM
Nextracker shares up on better-than-expected Q4 results. Revenue rose 42%, adjusted EBITDA up to $159.6M, and backlog of $4B.

CTEC

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Why Is New York Community Bancorp Stock Higher Premarket Wednesday?

By Lekha Gupta
May 15, 6:24 AM
NYCB shares up after selling $5 billion in loans to JPMorgan, adding to CET1 capital ratio and improving liquidity and loan-to-deposit metrics.

JPM

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Equinor Swaps Assets for Streamlined Norway Operations

By Lekha Gupta
May 14, 1:53 PM
Equinor and Petoro signed a value-neutral asset swap agreement in Haltenbanken region, increasing Equinor's ownership in Heidrun and Noatun and reducing it in Tyrihans and Castberg.

EQNR

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What’s Going On With Palantir Technologies Stock Today?

By Lekha Gupta
May 14, 1:44 PM
Last week, Palantir Technologies reported strong Q1 results, beating revenue estimates and delivering six straight quarters of GAAP profitability. It also raised its full-year guidance and aims to be the dominant AI infrastructure in the market.

PLTR

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Why Is Fintech Company StoneCo Stock Trading Lower Today?

By Lekha Gupta
May 14, 11:45 AM
StoneCo Ltd. (NASDAQ: STNE) reported lower revenue and income in Q1 FY24. Total Payment Volume and Adjusted EBITDA increased, but missed consensus.

FBZ

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Why Brazilian Oil Company Petrobras Stock Is Down Today

By Lekha Gupta
May 14, 10:25 AM
Petrobras reported lower sales and revenue due to decreased prices, seasonality and market competitiveness, with increased production and reduced debt.

PBR

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Why Is MINISO Stock Diving Tuesday?

By Lekha Gupta
May 14, 9:55 AM
MINISO Group Holding shares down after reporting Q3 results, with revenue and earnings missing expectations.

CGRO

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Marathon Petroleum Reorganizes Leadership: Elevates CFO To CEO

By Lekha Gupta
May 14, 8:25 AM
Marathon Petroleum announced management changes, with Maryann T. Mannen as new CEO effective Aug 1, 2024. Hennigan to be Executive Chairman.

FTXN

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