Check out the companies making headlines in midday trading: Apple — The tech giant jumped more than 6% after announcing it would repurchase $110 billion in shares . Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG. Block — The payment services provider added 1% after posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected. Live Nation Entertainment — Shares jumped 9% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. Expedia — Shares tumbled 13% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report. DaVita — Shares of the health-care provider dropped 4% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had pos …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading: Apple — The tech giant jumped more than 6% after announcing it would repurchase $110 billion in shares . Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG. Block — The payment services provider added 1% after posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected. Live Nation Entertainment — Shares jumped 9% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. Expedia — Shares tumbled 13% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report. DaVita — Shares of the health-care provider dropped 4% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had pos …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
