Check out the companies making headlines in midday trading. Palantir — Shares of the data analytics provider surged more than 24% after the company reported $608.4 million in revenue for the quarter, versus the $602.4 million expected by analysts surveyed by LSEG, formerly known as Refinitiv. Guidance for 2024 was about in line with expectations. Coherent — Shares jumped 17% after Coherent posted stronger-than-expected quarterly results. In its second quarter, the materials company posted earnings of 36 cents per share, greater than the 26 cents per share anticipated by analysts polled by StreetAccount. Revenue of $1.13 billion edged out a consensus estimate of $1.12 billion. GE HealthCare Technologies — GE HealthCare Technologies shares jumped more than 11% following better-than-expected earnings results. In its fourth quarter, the medical technology company reported adjusted earnings of $1.18 per share, more than the earnings of $1.07 per share expected by analysts polled by FactSet. Revenue of $5.21 billion topped the $5.09 billion consensus estimate. Li Auto — U.S.-traded shares of the Chinese electric vehicle maker popped 9% on the heels of a Deutsche Bank upgrade to buy from hold. The bank said shares are at an attractive entry point after recent underperformance. Spotify Technology — Shares of the music streaming company popped 6 …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Palantir — Shares of the data analytics provider surged more than 24% after the company reported $608.4 million in revenue for the quarter, versus the $602.4 million expected by analysts surveyed by LSEG, formerly known as Refinitiv. Guidance for 2024 was about in line with expectations. Coherent — Shares jumped 17% after Coherent posted stronger-than-expected quarterly results. In its second quarter, the materials company posted earnings of 36 cents per share, greater than the 26 cents per share anticipated by analysts polled by StreetAccount. Revenue of $1.13 billion edged out a consensus estimate of $1.12 billion. GE HealthCare Technologies — GE HealthCare Technologies shares jumped more than 11% following better-than-expected earnings results. In its fourth quarter, the medical technology company reported adjusted earnings of $1.18 per share, more than the earnings of $1.07 per share expected by analysts polled by FactSet. Revenue of $5.21 billion topped the $5.09 billion consensus estimate. Li Auto — U.S.-traded shares of the Chinese electric vehicle maker popped 9% on the heels of a Deutsche Bank upgrade to buy from hold. The bank said shares are at an attractive entry point after recent underperformance. Spotify Technology — Shares of the music streaming company popped 6 …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
