ADVFN US – Market Content Editor
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Zoom Shares Rise After Bullish Call from Spruce Point
Shares of Zoom Communications (NASDAQ:ZM) climbed around 3% on Friday after Spruce Point Capital Management issued a strong buy recommendation on the stock. Valuation Seen as Discounted Spruce Point released a detailed report arguing that Zoom is trading significantly below its intrinsic value, pointing to substantial upside potential. The firm outlined nine key actions it…
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Amazon Gains as Meta Expands AI Partnership Using AWS Graviton
Shares of Amazon (NASDAQ:AMZN) rose around 2% on Friday after Meta Platforms (NASDAQ:META) unveiled a major expansion of its partnership with Amazon Web Services, centered on deploying tens of millions of AWS Graviton processor cores for advanced AI workloads. Meta Scales Up AI Infrastructure Meta said it will become one of the largest global users…
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Johnson & Johnson to Acquire Atraverse Medical in Cardiac Device Expansion
Johnson & Johnson (NYSE:JNJ) said on Friday it has agreed to acquire Atraverse Medical, Inc., a privately held medical device company focused on technologies for left-heart access and radiofrequency procedures. Strengthening Cardiac Ablation Portfolio Atraverse Medical produces the HOTWIRE Transseptal Access System, an FDA-cleared radiofrequency guidewire and generator platform used to access the left atrium…
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Eli Lilly Shares Dip Despite Stable Growth in GLP-1 Prescriptions
Shares of Eli Lilly and Company (NYSE:LLY) slipped around 2% after the latest weekly prescription data pointed to mixed trends across its GLP-1 drug portfolio. Weekly Prescription Trends Mixed According to IQVIA data cited by Morgan Stanley, Mounjaro prescriptions for the week ending April 17, 2026 reached roughly 758,400 total prescriptions and 367,900 new prescriptions,…
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HCA Healthcare Drops Despite Q1 Beat as Volume Weakness Concerns Investors
Shares of HCA Healthcare Inc. (NYSE:HCA) fell nearly 8% in premarket trading on Friday, even after the company delivered first-quarter results that slightly exceeded expectations. Modest Beat Overshadowed by Volume Trends The group reported adjusted earnings per share of $7.15, just ahead of the $7.14 consensus estimate. Revenue came in at $19.11 billion, narrowly topping…
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Sensient Technologies Jumps on Strong Q1 Earnings Beat
Shares of Sensient Technologies Corporation (NYSE:SXT) climbed nearly 6% in premarket trading on Friday after the company reported first-quarter results that came in well ahead of expectations. Earnings and Revenue Outperform The group posted adjusted earnings per share of $1.04 for the quarter ended March 31, 2026, beating the $0.83 analyst consensus by $0.21. Revenue…
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Charter Communications Slips After Q1 Earnings Miss Despite Revenue Beat
Shares of Charter Communications Inc. (NASDAQ:CHTR) edged lower in premarket trading on Friday after the company reported first-quarter earnings below expectations, even as revenue slightly exceeded forecasts. The stock fell around 1.98% following the release. Earnings Miss, Revenue Holds Up Charter posted adjusted earnings per share of $9.17 for the quarter ended March 31, missing…
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P&G Tops Forecasts as Sales Growth Strengthens Across Portfolio
Procter & Gamble Co. (NYSE:PG) delivered third-quarter results ahead of expectations, with both earnings and revenue surpassing analyst estimates as the group reported broad-based growth across its product lines. Adjusted earnings per share came in at $1.59, exceeding the $1.56 consensus by $0.03. Revenue reached $21.2 billion, beating forecasts of $20.57 billion and marking a…
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Intel Set to Drive Early Wall Street Rebound: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures are pointing to a higher open on Friday, suggesting markets could recover after the weakness seen in the previous session. A sharp rally in shares of Intel Corp (NASDAQ:INTC) is likely to support early buying, with the chipmaker jumping more than 25% in premarket trading. The surge follows stronger-than-expected first-quarter earnings from…
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Stellantis to Prioritise Core Brands in New Strategy Under CEO Filosa
Stellantis (NYSE:STLA) is preparing to channel the bulk of its future investment into its key brands—Jeep, Ram, Peugeot and Fiat—as part of a strategic overhaul led by CEO Antonio Filosa, according to sources familiar with the plan. The strategy, expected to be unveiled in May, is set to include a “material increase” in funding for…