Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- Palantir (PLTR) reported upbeat Q4 results and provided FY24 revenue guidance [read more]
- Spotify (SPOT) reported a year-over-year decline in Q4 revenue [read more]
- Eli Lilly (LLY) reported better-than-expected Q4 earnings and revenue and provided FY24 earnings and revenue guidance [read more]
- DocuSign (DOCU) announced a restructuring plan that includes reducing its workforce by 6% [read more]
- Honda (HMC) is recalling 750,000 vehicles in the U.S. over defective air bag deployment [read more]
2. WALL STREET CALLS:
3. AROUND THE WEB:
- Snap (SNAP) cut several senior executives in its layoffs, Information reports [read more]
- Amazon (AMZN) has entered an ad deal with Reach, FT says [read more]
- TSMC (TSM) plans to build a second Japanese plant in Kumamoto, Reuters reports [read more]
- Kohl's (KSS) is being urged by activist hedge fund Vision One to explore a sale, Reuters says [read more]
- Amazon (AMZN) is laying off hundreds in its healthcare units, Insider reports [read more]
4. MOVERS:
- Frontier Group (ULCC) and GE HealthCare (GEHC) higher after reporting quarterly results [read more]
- Varonis (VRNS) gains after reporting quarterly results and providing guidance for FY24 [read more]
- Natura & Co (NTCO) increases in New York after announcing its management is assessing a possible separation of Natura & Co Latam and Avon [read more]
- Symbotic (SYM) falls after reporting Q1 results and providing guidance for Q2 [read more]
- Rambus (RMBS) and Crown Holdings (CCK) decline after reporting quarterly results [read more]
5. EARNINGS/GUIDANCE:
- DuPont (DD) reported Q4 results, provided guidance for Q1, and announced its outlook for FY24 [read more]
- Jacobs (J) reported Q1 results, with CEO Bob Pragada commenting, "We kicked off fiscal 2024 with strong performance" [read more]
- Chegg (CHGG) reported Q4 results and provided guidance for Q1 [read more]
- Coherent (COHR) announced Q2 results, with EPS and revenue beating consensus [read more]
- UBS (UBS) reported Q4 results and announced it expects Q1 revenues to be "positively influenced" by seasonal factors [read more]
INDEXES:
The Dow rose 141.24, or 0.37%, to 38,521.36, the Nasdaq gained 11.32, or 0.073%, to 15,609.00, and the S&P 500 advanced 11.42, or 0.23%, to 4,954.23.