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Carvana’s Strong Q1 Performance Attracts Analysts Praise, Stock Soars

By Lekha Gupta
May 2, 2:42 PM
Carvana shares are jumping today following yesterday's first-quarter FY24 results. Several analysts raised the price target on the stock.

CVNA

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Amazon To Be Guarded By CrowdStrike’s Cybersecurity Tools

By Shivani Kumaresan
May 2, 2:25 PM
Amazon Web Services (AWS) strengthens cybersecurity through a strategic alliance with CrowdStrike Holdings. Embracing CrowdStrike Falcon platform, Amazon fortifies its defenses from code to cloud and device to data, streamlining protection with Falcon Cloud Security and SIEM transformation.

AMZN

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Dominion Energy Reports Mixed Bag Of Q1 Earnings, Sticks To Annual Guidance

By Lekha Gupta
May 2, 2:15 PM
Dominion Energy reported Q1 FY24 revenue of $3.632B, missing consensus of $4.380B. Adjusted EPS was $0.55 and company reaffirms FY24 and FY25 guidance.

BKGI

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Organon Beats On Q1, Women’s Health Leads the Charge

By Lekha Gupta
May 2, 1:58 PM
Organon reported 5% increase in Q1 2024 revenue of $1.622 billion, beating consensus. EPS of $1.22 and dividend of $0.28 declared.

OGN

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Wall Street Inches Up Post Fed; Chipmakers Rebound; Gold, Crude Falter: What’s Driving Market Thursday?

By Piero Cingari
May 2, 1:37 PM
U.S. stock markets surged during Thursday’s midday trading session in New York, with major averages all showing gains.

AAPL

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Why Plug Power Shares Are Surging Thursday

By Nabaparna Bhattacharya
May 2, 1:36 PM
Plug Power shares are trading higher on Thursday. The company said it received contracts to supply cryogenic equipment to a multinational industrial gas company and a statewide electric utility company. 

PLUG

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What’s Going On With Zimmer Biomet Shares After Q1 Earnings?

By Nabaparna Bhattacharya
May 2, 1:31 PM
Zimmer Biomet beats Q1 earnings and sales estimates, with adjusted EPS at $1.94 and quarterly sales hitting $1.889 billion, prompting a slight dip in shares.

ZBH

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Why CNH Industrial Shares Are Gaining today

By Lekha Gupta
May 2, 1:26 PM
CNH Industrial reported lower Q1 2024 results, with revenue down 10% Y/Y. Adjusted EPS of $0.33 beat consensus of $0.27. 2024 outlook lowered.

CNHI

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Why Blink Charging Shares Are Gaining Thursday

By Nabaparna Bhattacharya
May 2, 1:12 PM
Blink Charging shares surge as it secures contract with New York to provide EV charging solutions, while its UK unit partners with Evri for zero-emission delivery hubs.

BLNK

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What’s Going On With Parker-Hannifin Shares Today?

By Akanksha Bakshi
May 2, 1:06 PM
Parker-Hannifin reported third-quarter fiscal 2024 sales growth of 0.3%, beating estimates. Orders were flat, but Aerospace Systems saw 15% increase. Adjusted EPS and margins improved. Outlook raised with EPS of $24.65-$24.85 and sales growth of 4%.

PH

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