Twitter, Amazon, Skyworks & extra

Chris Ratcliffe | Bloomberg | Getty Photographs Take a look at the businesses making headlines in noon buying and selling.  Amazon — The e-commerce large noticed its shares acquire 1% in noon buying and selling after it reported a document first-quarter revenue. The Seattle-based agency stated income greater than tripled to $8.1 billion and January-to-March gross sales


Chris Ratcliffe | Bloomberg | Getty Photographs

Take a look at the businesses making headlines in noon buying and selling. 

Amazon — The e-commerce large noticed its shares acquire 1% in noon buying and selling after it reported a document first-quarter revenue. The Seattle-based agency stated income greater than tripled to $8.1 billion and January-to-March gross sales soared 44% to $108 billion. The outcomes blew previous expectations with the corporate incomes $15.79 per share vs. the consensus estimate of $9.54.

Twitter — The social media firm’s shares plunged 13% in noon buying and selling after its person progress outcomes and second-quarter income steerage fell in need of analysts’ forecasts. Twitter’s EPS and income topped expectations.

Gilead — Shares of the biotech firm dipped about 1.3% after lacking on the highest and backside traces of its quarterly outcomes. Gilead Sciences reported EPS of $2.08 on income of $6.42 billion. Analysts anticipated EPS of $2.09 per share on income of $6.75 billion.

Exxon Mobil — The oil large’s shares slid 1.9% regardless of the corporate returning to profitability and snapping 4 straight quarters of losses. Exxon beat high and backside line estimates in the course of the interval, incomes 65 cents per share on an adjusted foundation, whereas posting income of $59.15 billion. Analysts surveyed by Refinitiv have been anticipating the corporate to earn 65 cents per share on $54.6 billion in income.

Chevron — Chevron shares dipped about 3% after the corporate reported first-quarter outcomes. The oil large earned 90 cents per share on an adjusted foundation, which was in-line with Wall Avenue estimates. Income exceeded expectations, though outcomes have been nonetheless beneath pre-pandemic ranges.

Newell Manufacturers — The patron merchandise inventory ticked up about 0.8% after reporting stronger-than-expected outcomes for its first quarter. The Rubbermaid-parent firm earned an adjusted 30 cents per share on $2.29 billion in income for the interval. Analysts surveyed by Refinitiv have been anticipating 13 cents per share and $2.07 billion in income.

Colgate-Palmolive — Shares of the family merchandise maker gained 1.1% after each revenue and gross sales got here in barely above Avenue forecasts for its most up-to-date quarter. The corporate reported 6% gross sales progress regardless of tough comparisons to a 12 months in the past, when customers have been stocking up because the pandemic took maintain.

Skyworks Options — Skyworks fell practically 8% in noon buying and selling even after it beat earnings estimates by 2 cents a share at $2.37 per share. Traders appeared displeased with the corporate after it gave outlook that got here in beneath what some had hoped.

CNBC’s Jesse Pound, Pippa Stevens, and Maggie Fitzgerald contributed reporting.

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