After Hours Report

Updated: 07-May-25 17:57 ET
AppLovin getting some love after earnings report

The stock market had a mixed showing. Major indices were in a holding pattern in the early going as investors waited for the FOMC policy decision at 2:00 ET and Fed Chair Powell's press conference at 2:30 ET.

The committee voted unanimously to maintain the target range for the fed funds rate at 4.25-4.50%, which was largely expected. Market participants were hoping for more clarity about the Fed's path regarding rate cuts at Fed Chair Powell's press conference, but he maintained that policy is in a good place to allow the Fed to wait for more data. 

The major equity indices had a volatile response, ultimately closing higher for the day. The Dow Jones Industrial Average rose 0.7%, the S&P 500 closed 0.4% higher than yesterday, and the Nasdaq Composite registered a 0.3% gain. 

Equity indices held up well considering the disappointing price action in Alphabet (GOOG 152.80, -12.40, -7.5%) and Apple (AAPL 196.25, -2.26, -1.1%) after a Bloomberg report that Apple may shift toward using an AI search feature, which would reduce the reach of Alphabet's Google.

Many other stocks participated in upside moves. Advancers led decliners by a 3-to-2 margin at the NYSE and by an 11-to-10 margin at the Nasdaq. 

The upside bias was driven in part by news of policy easing by the People's Bank of China, along with optimism about the trade war following news that representatives from the U.S. and China will meet to begin trade talks in Switzerland on May 8.

Some of the optimism around this development was tempered, however, after President Trump said that he is not open to pulling back the 145% tariff on imports from China as part of negotiations.

Late afternoon reports also indicated that the Trump administration is considering rescinding the AI chip export restrictions. This news sparked increased buying in the chipmaker space, leading the PHLX Semiconductor Index (SOX) to close 1.7% higher.

The price action in chipmakers helped boost the S&P 500 technology sector to a 0.9% gain despite the decline in Apple. The consumer discretionary (+1.0%) and health care (+0.8%) sectors were also top performers. The communication services sector was the worst performer by a wide margin due to the fallout in Alphabet. 

  • Dow Jones Industrial Average: -3.4% YTD
  • S&P 500: -4.3% YTD
  • S&P Midcap 400: -6.7% YTD
  • Nasdaq Composite: -8.1% YTD
  • Russell 2000: -10.8% YTD

Reviewing today's economic data:

  • Weekly MBA Mortgage Applications Index 11.0%; Prior -4.2%

Thursday's economic calendar features:

  • 8:30 ET: Preliminary Q1 Productivity (Briefing.com consensus -0.4%; prior 1.5%), preliminary Q1 Unit Labor Costs (Briefing.com consensus 4.0%; prior 2.2%), weekly Initial Claims (Briefing.com consensus 238,000; prior 241,000), and Continuing Claims (prior 1.916 mln)
  • 10:00 ET: March Wholesale Inventories (Briefing.com consensus 0.5%; prior 0.3%)
  • 10:30 ET: Weekly natural gas inventories (prior +107 bcf)

 

Overseas:

  • Europe: DAX -0.6%, FTSE -0.4%, CAC -0.9%
  • Asia: Nikkei -0.1%, Hang Seng +0.1%, Shanghai +0.8%

Commodities:

  • Crude Oil -1.00 @ 58.09
  • Nat Gas +0.13 @ 3.95
  • Gold -32.10 @ 3392.70
  • Silver -0.61 @ 32.77
  • Copper -0.12 @ 4.66

After-Hours Spotlight:

  • AppLovin (APP) beats by $0.23, beats on revs... APP up 12.3%
  • Arm Holdings plc (ARM) beats by $0.03, reports revs in-line; guides Q1 EPS below consensus, revs in-line... ARM down 10.3%
  • Carvana (CVNA) beats by $0.79, beats on revs... CVNA +3.4%
  • Cleveland-Cliffs (CLF) misses by $0.10, reports revs in-line... CLF down 10.1%
  • Costco (COST) reports April adjusted comparable sales of +6.7%... COST down 0.3%
  • Dutch Bros (BROS) beats by $0.04, beats on revs; reaffirms FY25 rev guidance... BROS down 0.5%
  • Fortinet (FTNT) beats by $0.05, reports revs in-line; guides Q2 EPS in-line, revs in-line; guides FY25 EPS in-line, revs in-line... FTNT down 12.2%
  • H & R Block (HRB) beats by $0.21, beats on revs; reaffirms FY25 EPS guidance, revs guidance... HRB up 2.0%
  • Occidental Petro (OXY) beats by $0.09, reports revs in-line; Reduces mid-point of 2025 capex guidance by $200 mln... OXY down 0.7%
  • Paycom Software (PAYC) beats by $0.23, beats on revs; guides FY25 revs in-line... PAYC up 2.6%
  • Skyworks (SWKS) beats by $0.04, reports revs in-line; guides Q3 EPS above consensus, revs above consensus... SWKS down 2.3%
  • Tetra Tech (TTEK) beats by $0.03, beats on revs; guides Q3 EPS above consensus, revs in-line; raises FY25 guidance; hikes dividend 12% yr/yr... TTEK up 9.6%
  • Zillow (ZG) beats by $0.04, beats on revs; guides Q2 revs in-line; reaffirms FY25 revs guidance... ZG down 4.6%

Fair Value for Thursday, May 8:

  • S&P 500: 5,651
  • Nasdaq 100:19,952
  • DJIA: 41,205
Today's News Summary:

For a full rundown of today's market and after hours developments, see Live In Play

  • Earnings/Guidance (Full Earnings Calendar):
    • Acushnet (GOLF) beats by $0.30, reports revs in-line
    • Adient (ADNT) beats by $0.35, beats on revs; guides FY25 revs in-line
    • Advanced Micro Devices (AMD) beats by $0.02, beats on revs; guides Q2 revs in-line
    • Allegiant Travel (ALGT) beats by $0.57, reports revs in-line; guides Q2 EPS below consensus; withdrawing FY25 guidance
    • Amentum Holdings (AMTM) beats by $0.06, beats on revs; reaffirms FY25 EPS guidance, narrows FY25 revenue guidance
    • American Fincl (AFG) misses by $0.22, beats on revs
    • Apellis Pharmaceuticals (APLS) misses on EPS and revs; provides update
    • Arcosa (ACA) beats by $0.31, beats on revs; reaffirms FY25 revs in-line
    • Arista Networks (ANET) beats by $0.06, beats on revs; guides Q2 revs above consensus; notes additional program to repurchase up to $1.5 bln
    • Astera Labs (ALAB) beats by $0.05, beats on revs; guides Q2 EPS above consensus, revs above consensus
    • Avista (AVA) misses by $0.05, misses on revs; reaffirms FY25 EPS guidance
    • Axalta Coating Systems (AXTA) beats by $0.04, misses on revs; guides Q2 EPS below consensus; guides FY25 EPS above consensus, revs in-line
    • AZEK (AZEK) beats by $0.02, beats on revs; guides FY25 revs in-line
    • Bandwidth (BAND) beats by $0.09, beats on revs; guides Q2 revs in-line; guides FY25 revs in-line
    • Barrick (GOLD) misses by $0.01, beats on revs
    • BeiGene (ONC) beats by $1.75, misses on revs; guides FY25 revs in-line
    • Bentley Systems (BSY) beats by $0.05, beats on revs
    • Bio-Techne (TECH) beats by $0.05, reports revs in-line; Also approved new share repurchase program for up to $500 mln of common stock
    • BlackLine (BL) beats by $0.11, reports revs in-line; guides Q2 EPS above consensus, revs in-line; guides FY25 EPS above consensus, reduces lower end of FY25 revenue outlook
    • Bloomin' Brands (BLMN) beats by $0.02, beats on revs; guides Q2 EPS below consensus
    • BorgWarner (BWA) beats by $0.13, beats on revs; guides FY25 EPS in-line, revs in-line
    • Bruker (BRKR) beats by $0.03, beats on revs; guides FY25 EPS below consensus, revs in-line
    • Bunge (BG) beats by $0.52, misses on revs; guides FY25 EPS below consensus
    • Cadre Holdings (CDRE) beats by $0.11, beats on revs; guides FY25 revs above consensus
    • CDW (CDW) beats by $0.19, beats on revs
    • Cencora (COR) beats by $0.31, reports revs in-line; guides FY25 EPS above consensus
    • Charles River (CRL) beats by $0.27, beats on revs; raises FY25 EPS mostly above consensus
    • Chemours (CC) misses by $0.07, beats on revs
    • Chord Energy (CHRD) beats by $0.48, reports revs in-line
    • Cirrus Logic (CRUS) beats by $0.49, beats on revs; guides Q1 revs in-line
    • Corpay (CPAY) reports EPS in-line, revs in-line; raises FY25 guidance
    • Corsair Gaming (CRSR) misses by $0.01, reports revs in-line
    • Coupang (CPNG) beats by $0.01, misses on revs; Board authorizes stock repurchase program up to $1.0 bln
    • Dayforce (DAY) beats by $0.04, beats on revs; guides Q2 revs below consensus; guides FY25 revs in-line
    • DHT (DHT) beats by $0.10, misses on revs
    • Dine Brands (DIN) misses by $0.20, reports revs in-line
    • Edgewell Personal Care (EPC) misses by $0.03, misses on revs; guides FY25 EPS below consensus
    • Elanco Animal Health (ELAN) beats by $0.06, beats on revs; guides Q2 EPS below consensus, revs in-line; reaffirms FY25 EPS guidance, guides FY25 revs in-line
    • Electronic Arts (EA) beats by $0.06, beats on revs; guides Q1 EPS above consensus, revs in-line; guides FY26 EPS in-line, revs in-line
    • Emerson (EMR) beats by $0.07, beats on revs; guides Q3 EPS below consensus, revs above consensus; guides FY25 EPS in-line, revs in-line
    • Entegris (ENTG) misses by $0.01, misses on revs; guides Q2 EPS below consensus, revs below consensus
    • Fiverr (FVRR) beats by $0.04, beats on revs; guides Q2 revs in-line; guides FY25 revs in-line
    • Grand Canyon Education (LOPE) beats by $0.06, reports revs in-line; guides Q2 EPS in-line, revs in-line; guides Q3 (Sep) EPS in-line, revs in-line; guides FY25 EPS in-line, revs in-line
    • Grocery Outlet (GO) beats by $0.06, reports revs in-line; reaffirms FY25 EPS guidance, revs guidance; Q1 comps +0.3%
    • Halozyme Therapeutics (HALO) beats by $0.19, beats on revs; raises FY25 EPS, revs guide
    • Helios Technologies (HLIO) beats by $0.08, beats on revs; guides Q2 EPS below consensus, revs below consensus
    • Horace Mann (HMN) beats by $0.10, beats on revs
    • IAMGOLD (IAG) reported Q1 results; Exploration expenditures for 2025 are expected to be approximately $38 million
    • Immunocore (IMCR) beats by $0.48, beats on revs
    • Intapp (INTA) beats by $0.04, reports revs in-line; guides Q4 EPS above consensus, revs in-line
    • Intl Flavors (IFF) beats by $0.07, reports revs in-line; reaffirms FY25 revs guidance
    • Jack Henry (JKHY) beats by $0.15, reports revs in-line; guides FY25 EPS below consensus, revs below consensus
    • Jamf Holding (JAMF) misses by $0.21, reports revs in-line; guides Q2 revs above consensus; raises FY25 revs above consensus
    • Jazz Pharma (JAZZ) reports Q1 (Mar) results, misses on revs; reaffirms FY25 revs guidance; submits a sNDA for Zepzelca
    • Johnson Controls (JCI)  misses by $0.18, misses on revs; guides Q3 EPS below consensus; guides FY25 EPS above consensus
    • Jones Lang LaSalle (JLL) beats by $0.13, beats on revs
    • Kennametal (KMT) beats by $0.23, reports revs in-line; guides FY25 EPS above consensus, revs above consensus
    • Kinross Gold (KGC) beats by $0.06, beats on revs; reactivates buyback program
    • Klaviyo (KVYO) beats by $0.02, beats on revs; guides Q2 revs above consensus; ups FY25 revs guidance
    • Kulicke & Soffa (KLIC) misses by $0.71, misses on revs; guides Q3 EPS below consensus, revs below consensus
    • Lantheus Holdings (LNTH) misses by $0.13, misses on revs; lowers FY25 EPS guidance below consensus, narrows revenue guidance, below consensus
    • LivaNova (LIVN) beats by $0.12, beats on revs; guides FY25 EPS above consensus, revs above consensus
    • Lumentum (LITE) beats by $0.07, beats on revs; guides Q4 EPS above consensus, revs in-line
    • Marvell (MRVL) narrows 1Q26 revenue guidance range and postpones its previously scheduled Investor Day due to the dynamic macroeconomic environment
    • Masimo (MASI) beats by $0.15, beats on revs; guides FY25 revs in-line
    • MasterCraft (MCFT) beats by $0.13, beats on revs; guides FY25 EPS in-line, revs below consensus
    • Mercury (MRCY) misses by $0.02, beats on revs; Increases FY25 revenue growth outlook
    • Middleby (MIDD) beats by $0.10, misses on revs
    • Mosaic (MOS) beats by $0.04, misses on revs
    • Navios Maritime Partners (NMM) beats by $0.21, beats on revs
    • NerdWallet (NRDS) beats by $0.09, beats on revs; guides Q2 revs above consensus
    • New York Times (NYT) beats by $0.07, reports revs in-line
    • NiSource (NI) misses by $0.05; reaffirms FY25 EPS guidance
    • Novo Nordisk A/S (NVO) beats on top and bottom lines
    • ODP Corporation (ODP) beats by $0.41, beats on revs
    • Oscar Health (OSCR) beats by $0.13, beats on revs
    • Owens Corning (OC) beats by $0.10, reports revs in-line
    • Pagaya (PGY) beats by $0.24, beats on revs; guides Q2 revs above consensus; raises FY25 revenue guidance
    • Payoneer (PAYO) misses by $0.01, reports revs in-line; suspends FY25 guidance given macroeconomic uncertainty
    • Performance Food Group (PFGC) misses by $0.08, reports revs in-line; guides FY25 revs above consensus
    • Perrigo (PRGO) beats by $0.03, misses on revs; guides FY25 EPS in-line, revs in-line
    • PTC Therapeutics (PTCT) reports Q1 (Mar) results, beats on revs; revises FY25 revs outlook
    • Qualys (QLYS) beats by $0.21, beats on revs; guides Q2 EPS in-line, revs in-line; guides FY25 EPS above consensus, raises low end of FY25 revenue guidance
    • Radware (RDWR) beats by $0.04, beats on revs
    • Redfin (RDFN) misses by $0.03, reports revs in-line; not giving guidance
    • Revolve Group (RVLV) beats by $0.01, reports revs in-line
    • Rivian Automotive (RIVN) beats by $0.29, beats on revs; sees 40,000 to 46,000 deliveries for FY25
    • Rockwell Automation (ROK) beats by $0.35, beats on revs; raises FY25 EPS guidance; reaffirms FY25 revenue guidance
    • Sarepta Therapeutics (SRPT) misses by $0.21, beats on revs; guides FY25 revs in-line
    • Steven Madden (SHOO) beats by $0.15, reports revs in-line; withdraws FY25 guidance due to macro uncertainty; completes Kurt Geiger acquisition
    • Super Micro Computer (SMCI) misses by $0.10, misses on revs; guides Q4 EPS below consensus, revs below consensus; guides FY25 revs below consensus
    • Tempus AI (TEM) beats by $0.02, beats on revs; guides FY25 revs above consensus
    • Teradata (TDC) beats by $0.10, misses on revs; guides Q2 EPS below consensus; reaffirms FY25 EPS guidance
    • Teva Pharma (TEVA) beats by $0.06, misses on revs; guides FY25 EPS in-line, revs below consensus
    • The Baldwin Group (BWIN) beats by $0.01, reports revs in-line
    • Trimble (TRMB) beats by $0.03, beats on revs; guides Q2 EPS in-line, revs in-line; reaffirms FY25 EPS guidance, revs guidance
    • TripAdvisor (TRIP) beats by $0.11, beats on revs
    • Uber (UBER) beats by $0.32, reports revs in-line; provides Q2 gross bookings and adjusted EBITDA guidance
    • Ultragenyx Pharma (RARE) beats by $0.03, misses on revs; guides FY25 revs in-line
    • Unity Software (U) beats by $0.12, beats on revs; guides Q2 revs below consensus
    • Upstart (UPST) beats by $0.13, beats on revs; guides Q2 revs in-line; guides FY25 revs in-line
    • Varonis Systems (VRNS) beats by $0.05, beats on revs; guides Q2 EPS below consensus, revs in-line; guides FY25 EPS in-line, revs in-line
    • Verisk Analytics (VRSK) beats by $0.05, reports revs in-line; guides FY25 EPS in-line, revs in-line
    • Vertex (VERX) beats by $0.02, reports revs in-line; guides Q2 revs in-line; guides FY25 revs in-line
    • Voya Financial (VOYA) beats by $0.56, beats on revs
    • VSE Corp (VSEC) beats by $0.15, beats on revs
    • Walt Disney (DIS) beats by $0.26, beats on revs; guides FY25 EPS above consensus
    • Wynn Resorts (WYNN) misses by $0.17, misses on revs
  • General News
    • FOMC votes unanimously to leave target range for fed funds rate unchanged at 4.25-4.50%, as expected
    • Treasury Secretary Scott Bessent and USTR Jamieson Greer will travel to Switzerland Thursday to meet with Chinese counterparts to discuss trade
    • President Trump says he will make an "earth-shattering and positive" announcement in the coming days. He said the announcement is not about trade, according to CNN
    • China Central Bank lowered 7 day reverse repurchase rates 10 basis points to 1.4%; lowers reserve requirement ratio by 50 basis points
    • China continues to add gold to reserves, according to Bloomberg
    • India launches attack on 9 sites in Pakistan, according to Reuters
    • India's decision to launch air strikes against Pakistan is raising fears of war between the two nuclear powers, according to the Washington Post
    • Transportation Secretary Sean Duffy says he will unveil a plan Thursday to enhance air traffic control systems, and it will cost billions of dollars, according to Bloomberg
    • Republican moderates are getting more comfortable with leadership plan to overhaul Medicaid as part of reconciliation bill, according to Politico
    • The Trump administration plans to close CDC infection control committee, according to NBC News
    • Aecom Tech (ACM) among several firms to compete for US Army orders within $249 mln contract
    • Alibaba (BABA) aiming to partner with RedNote, according to Reuters
    • Alvotech (ALVO) sees potential U.S. tariffs on pharmaceuticals to have minimal impact on product revenues in 2025
    • Amazon's (AMZN) Zoox will scale up production next year, according to Financial Times
    • AstraZeneca (AZN) reports Enhertu improved pCR in early-stage breast cancer
    • AstraZeneca (AZN): ENHERTU (fam-trastuzumab deruxtecan-nxki) followed by THP before surgery showed statistically significant and clinically meaningful improvement in pathologic complete response in high-risk HER2-positive early-stage breast cancer in DESTINY-Breast11
    • Bausch + Lomb (BLCO) announces CE Mark approval for the LuxLife full range of vision intraocular lens
    • Boeing (BA): EU plans to impose tariffs on Boeing jets if talks with US fail, according to Financial Times
    • Charles River (CRL) will add four new directors following pressure from Elliott, according to Reuters
    • Chemours (CC) announces a strategic agreement with Navin Fluorine International Limited to manufacture its Opteon two-phase immersion cooling fluid
    • Chipotle Mexican Grill (CMG) hires Jason Kidd as its COO, effective May 19
    • CrowdStrike (CRWD) announces plan to evolve its operations to yield greater efficiencies, including reduction of approximately 500 positions; Also sees 1Q26 results in-line with, or above, previously issued guidance, and reaffirms FY26 guidance
    • Gilead Sciences (GILD) presents final data from the Phase 3 MYR301 study demonstrated longer treatment with Bulevirtide was associated with sustaining undetectability after stopping treatment
    • Gilead’s (GILD) Livdelzi (Seladelpar) demonstrated consistent efficacy and safety regardless of prior treatment history in new data presented at EASL 2025
    • Hain Celestial (HAIN) announces that Wendy Davidson is departing as President, Chief Executive Officer and as a member of the Board of Directors, effective this morning
    • Harley-Davidson (HOG): Two Leading Independent Proxy Advisory Firms Recommend Harley-Davidson Shareholders Vote “Withhold” to Unseat Three Entrenched Directors
    • Instacart (CART) introduces Fizz
    • Jones Lang LaSalle (JLL) awarded a $165 mln US Air Force contract for housing and transient housing privatization initiative
    • Jones Lang LaSalle (JLL) announces that Kelly Howe to serve as next Chief Financial Officer of JLL appointments effective July 1
    • Lions Gate Entertainment (LGF.A) completed the full separation of its Studio and STARZ businesses into two standalone, publicly-traded companies
    • LivaNova  (LIVN) Announces 12-month Data from OSPREY Clinical Study for Moderate to Severe Obstructive Sleep Apnea, Demonstrating Strong Response and Durability of Therapy
    • Microsoft (MSFT): OpenAI aiming to lower revenue share to Microsoft, according to The Information
    • Mosaic (MOS) is advancing its strategy to redefine growth, and announces a successful biostimulant product launch in China
    • NewAmsterdam Pharma (NAMS) announces late-breaking data from BROADWAY and TANDEM pivotal studies published in leading medical journals and presented at the European Atherosclerosis Society (EAS) Congress 2025
    • SkyWest's (SKYW) Board of Directors approves a $250 mln increase to its existing share repurchase plan
    • Tesla's (TSLA) China produced EV sales decline 6% in April, according to Reuters
    • Upstart (UPST) announces a forward-flow commitment from funds managed by affiliates of Fortress Investment Group; Fortress agrees to purchase up to $1.2 billion of consumer loans originated on the Upstart platform through March 2026
    • Uranium Energy (UEC) and Radiant Industries announce U.S. Uranium supply agreement to support deployment of microreactors, building the full nuclear power value chain in America
    • Vestis (VSTS) announces the appointment of Jim Barber as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective June 2, 2025
    • Vodafone PLC (VOD) announces that Luka Mucic will step down as Chief Financial Officer
  • Upgrades:
    • Aegon (AEG) upgraded to Outperform from Neutral at BNP Paribas Exane
    • Albertsons (ACI) upgraded to Outperform from Market Perform at BMO Capital, tgt $25
    • AMD (AMD) upgraded to Buy from Neutral at BofA Securities, tgt $120
    • Constellation Brands (STZ) upgraded to Buy from Hold at Truist, tgt $215
    • CRISPR Therapeutics (CRSP) upgraded to Buy from Hold at Clear Street, tgt $45
    • Honeywell (HON) upgraded to Buy from Neutral at BofA Securities, tgt $250
    • Logitech (LOGI) upgraded to Buy from Neutral at UBS
    • PTC Therapeutics (PTCT) upgraded to Neutral from Sell at Citigroup, tgt $40
    • Wynn Resorts (WYNN) upgraded to Buy from Neutral at BofA Securities, tgt $100
  • Downgrades:
    • Agree Realty (ADC) downgraded to Neutral from Buy at BTIG Research
    • Arista Networks (ANET) downgraded to Neutral from Outperform at KGI Securities, tgt $88
    • Discover (DFS) downgraded to Hold from Buy at Jefferies, tgt $180
    • Equinor (EQNR) downgraded to Neutral from Overweight at JPMorgan
    • Illinois Tool Works (ITW) downgraded to Underperform from Neutral at BofA Securities, tgt $220
    • Marvell (MRVL) downgraded to Neutral from Overweight at Cantor Fitzgerald, tgt $60
    • Materion (MTRN) downgraded to Sector Weight from Overweight at KeyBanc
    • Myriad Genetics (MYGN) downgraded to Equal Weight from Overweight at Wells Fargo; tgt $6
    • Teradata (TDC) downgraded to Market Perform from Outperform at Northland Capital; tgt $21
    • Tronox (TROX) downgraded to Market Perform from Outperform at BMO Capital, tgt $7
    • Vertex (VRTX) downgraded to Peer Perform from Outperform at Wolfe Research
  • Others:
    • Bright Minds (DRUG) initiated with a Buy at Chardan Capital Markets, tgt $80
    • Full House Resorts (FLL) initiated with a Buy at Texas Capital, tgt $7
    • GFL Environmental (GFL) initiated with a Buy at Seaport Research Partners, tgt $58
    • Praxis Precision (PRAX) initiated with a Buy at Chardan Capital Markets, tgt $80
    • Republic Services (RSG) initiated with a Buy at Seaport Research Partners, tgt $270
    • Super Micro Computer (SMCI) resumed with a Buy at Needham; tgt $39
    • Viper Energy (VNOM) resumed with an Outperform at Evercore ISI, tgt $49
    • Waste Connections (WCN) initiated with a Buy at Seaport Research Partners, tgt $220
    • WM (WM) initiated with a Neutral at Seaport Research Partners
    • Xenon Pharmaceuticals (XENE) initiated with a Buy at Chardan Capital Markets, tgt $55
  • Econ Data (Thursday):
    • 08:30 ET: Preliminary Q1 Productivity (Briefing.com consensus -0.4%; prior 1.5%), preliminary Q1 Unit Labor Costs (Briefing.com consensus 4.0%; prior 2.2%), weekly Initial Claims (Briefing.com consensus 238,000; prior 241,000), and Continuing Claims (prior 1.916 mln)
    • 10:00 ET: March Wholesale Inventories (Briefing.com consensus 0.5%; prior 0.3%)
    • 10:30 ET: Weekly natural gas inventories (prior +107 bcf)
  • Earnings:
    • Monday (May 5)
      • Pre-Market: ARES BCRX BNTX CNA CMI FRPT HSIC IART JBTM NSSC OCUL ON PK RXRX RLJ TGTX TWST TSN ZBH
      • After-Hours: ADUS ACM AL AMRC AESI BRBR BCC BFAM BWXT CBT CE CERT CLX CORT CRBG CTRA DENN FANG DORM PLOW ETD EVER FN F GBDC HIMS IAC ICHR NGVT INSP IPAR JELD KRC LSCC LMB LTC MATX MAT MWA NHI NSA NVTS NBIX NMFC NJR OGS OTTR PLTR PLMR PAY PLYA PRAA PRIM O RRX RLAY SBRA SUI SNDX TALO TDW TTAM UPWK VVX VRTX VMEO VNOM VNO WMB
    • Tuesday (May 6)
      • Pre-Market: AHCO ADM AEP ARMK AROC ARRY ATKR AVNS AVNT ACLS BALL CCCS CIGI CEG CRMD DDOG DOCN DRVN DCO DUK ERJ ENR NPO EVGO FIS FWRG IT GENI GPN GFS HRMY INGR IPGP IQV J KBR KNF KTB KRYS LCII LEA LDOS LMND LPX MSGE MPC MAR MFA MPLX NWN NOVT OMCL BTU MD PHG PTLO PINC SEE SHLS SEDG SUN SHO BLD TDG THS ULS UNIT WAT WEC KLG XMTR XPEL ZTS
      • After-Hours: AMD AGL ALGT AFG ANDE ACA RCUS ANET AIZ ALAB AZEK BL CDRE CRC CC CHRD CRUS CPAY CRSR COTY CPNG CYTK DVN DHT DEI EA ET EXPI FLYW FBIN GEN LOPE GO HALO HLIO HMN INVX INTA IFF JKHY JAMF JAZZ JJSF KGC KVYO KLIC LCID LITE MTW MASI MRCY MOS MRC MYGN NRDS OVV PARR POWL PTCT QLYS RDFN REZI RVLV RIVN SAFE SRPT WTTR SMCI SUPN TEM TDC BWIN RARE UPST VRNS VSTS VOYA VSEC WY
    • Wednesday (May 7)
      • Pre-Market: GOLF ADNT APLS ASC AVDL AVDX AVA AXTA AZTA BAND GOLD ONC BSY TECH BLMN BWA BRKR BG CDW COR CTRI CEVA CRL CNDT DAY DK DIN DNOW EPC ELAN EMR ENTG FVRR FLEX FTS GEO GERN HAIN HNI JCI JLL KMT LNTH LFST LIVN MAGN MKTX MCFT MIDD EYE NYT NI ODP OSCR OC PGY PAYO PFGC PRGO RYTM ROK RXO SABR SHOP SWX SHOO TPB TBLA TEVA TPG TRMB TRIP UBER U VRSK VERX DIS
      • After-Hours: ACAD ACVA ADMA ADTN AOSL AMC DOX AWR AMPL APA APP ARM ATO CAR AXON BGS BTG BBSI BYND BKH BLBD BHF BV BMBL CVNA CENT LEU CF CPK CIVI CLF CDE COHR CMP CON CPA CORZ CXW CTVA CXT CSGS CW DGII DASH BROS ECPG ERII EPR ESE ESTA EVTC EOLS EE FSLY FNF FLNC FLUT FTNT FWRD FSK GNK G GDRX GT GXO HRB HLI HHH HP INFA IIPR IONQ JXN JOBY KMPR KNTK KGS KTOS KD LB LZ LNW MGNI MFC MQ VAC MIRM MKSI MUR MUSA NATL OXY KAR OEC ORA PAAS PAYC PR PBI PRI QTWO QGEN QDEL QNST RDWR RBA RELY RVMD ROOT RGLD RXST SDGR SNDK SBGI SITM STR SWKS SONO STAA RUN SYM TTEK TPC USPH UGI VECO VCYT VRRM VIR VSH WTS WES Z
    • Thursday (May 8)
      • Pre-Market: ACIW ACMR ALIT ALGM ALE ATUS COLD APPN ARHS ASPN ATHM BCE BIGC BUD CG CARS LNG CHH YOU CCOI COP CNR CROX ENOV EPAM EVRG FA GEL GTN GPRE HAE HBI HIMX INSM IBP NTLA INSW JBI KVUE KRP DNUT LAMR LTH LGND LNC MTSI MBUU MTCH MMS MDU TIGO TAP NABL VYX NTCT NXST NOMD NVMI NTR OLPX OMI PZZA PTON PENN PLNT PLTK PBH PRMB PRVA QSR SPNS SCSC SRE SN FUN SGI SPB STGW STVN SSYS TPR TGLS TGNA USFD VVV VCEL VTRS VITL WRBY WBD WMG WWW XRAY YETI
      • After-Hours: FLWS TXG ATGE AFRM AKAM ALRM LNT AHR AMN AAOI ARLO AGO ASTH AVPT BBDC BILL CARG CLNE CLSK NET COIN COLL CRNX DH DIOD DV DKNG DBX EVCM EVH EXPE FRT FIGS FOXF FNV FNKO GMED GDOT HUBG HUBS ICUI ILMN INOD IOSP PODD FROG LPLA LYFT MARA MCK MTUS MCHP MITK MELI MP NTRA NWSA LASR OLO OS ONTO OUT PCRX PARA PINS POST PGNY PUBM RXT RNG RKT RKLB ST SOLV SOUN SPT SG SYNA TXRH TTD TKO TOST TMDX TMCI TREX VREX VCTR WEST WOLF XPOF YELP ZD ZIP ZYME
    • Friday (May 9)
      • Pre-Market: AQN AMR AMCX ANIP CLMT ROAD EMBC ENB ESNT GOGO KOP KYMR PAR PBA PAA STWD SLF SLVM WULF TXNM
      • After-Hours: HE
      General Motors: 5,000 members at GM's Arlington, TX assembly plant join UAW strike
Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie policy to learn more.