Apple and Amazon lead midday movers after earnings reports

Earnings Impact 4
โดย CNBC·Read original
Summary · why it matters

Several stocks made big midday moves following earnings reports and other developments. IES Holdings surged over 30% after beating quarterly expectations and approving a two-for-one stock split, while GoDaddy tumbled 20% on disappointing guidance and a cash flow miss. Newell Brands rose 11% after lifting its full-year earnings outlook above consensus, and SPX Technologies rallied 14% on strong results and raised guidance. Veracyte fell 24% despite beating estimates and raising revenue guidance, and Replimune Group soared over 94% after an FDA panel backed its skin cancer drug trial. Jersey Mike's gained 6% on its second day of trading after a weak debut. Chevron added 1.6% on better-than-expected earnings, while ExxonMobil slipped 2% on a profit miss. Moderna dipped 1% despite a top- and bottom-line beat. Amazon jumped 15% on strong revenue and cloud growth, but Apple dropped more than 9% even with higher iPhone sales. Coinbase slid over 12% after a wider-than-expected loss, Reddit sank 22% on search traffic concerns, and Novo Nordisk fell 9% after a drug trial failed to meet its main goal.

Impact on stocks 14

Biotech & Genomic Medicine± Mixed · 4 stocks
Novo Nordisk A/S
NOV
▼ NegativeTechnologyrelevance

Drug trial failed to meet main goal, causing 9% drop.

Veracyte Inc
VCYT
▼ NegativeCapitalrelevance

Fell 24% despite beating estimates and raising revenue guidance, likely due to other factors.

Moderna Inc
MRNA
▲ PositiveCapitalrelevance

Top- and bottom-line beat, though stock dipped.

Artificial Intelligence± Mixed · 3 stocks
Apple Inc.
AAPL
▼ NegativeCapitalrelevance

Apple dropped more than 9% despite higher iPhone sales, indicating market disappointment with earnings.

Amazon.com Inc
AMZN
▲ PositiveCapitalrelevance

Amazon jumped 15% on strong revenue and cloud growth.

Digital Finance & Tokenization · 1 stocks
Energy · 1 stocks
Chevron Corp
CVX
▲ PositiveCapitalrelevance

Chevron added 1.6% on better-than-expected earnings.

Cloud & Digital Infrastructure · 1 stocks
Godaddy Inc
GDDY
▼ NegativeCapitalrelevance

GoDaddy tumbled 20% on disappointing guidance and a cash flow miss.

Consumer Discretionary · 1 stocks
Communication Services · 1 stocks
Smart City / Autonomous Infrastructure · 1 stocks
SPX Corp
SPXC
▲ PositiveCapitalrelevance

Strong results and raised guidance drove shares up 14%.

Energy Transition & Power Demand · 1 stocks

Off-coverage companies 1

Jersey Mike's SubsPrivate± Mixed
relevance