Check out the companies making headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 11% after Nvidia posted strong fiscal first-quarter results , issued better-than-expected guidance and announced a 10-for-1 stock split. Other AI and related semiconductor names rallied on the results. Super Micro Computer shares rose by 1.2%. Boeing — Shares dropped roughly 6% after CFO Brian West said he expects negative free cash flow and that the company’s aircraft deliveries won’t recover in the second quarter from the first. Boeing is dealing with several production challenges with its best-selling planes. Live Nation Entertainment — Shares dropped 7% after the U.S. Department of Justice sued to break up the parent company of Ticketmaster, alleging antitrust violations . E.l.f. Beauty — The stock surged 21% after E.l.f. Beauty surpassed fiscal fourth-quarter estimates on the top and bottom lines. The cosmetics maker posted fourth-quarter adjusted earnings of 53 cents per share on revenues of $321.1 million. Analysts polled by LSEG had expected per-share earnings of 32 cents on revenue of $292.6 million. LiveRamp — Shares climbed 7% following stronger-than-expected earnings for the fiscal fourth quarter, per FactSet. Additionally, LiveRamp issued strong current-quarter and full-year …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 11% after Nvidia posted strong fiscal first-quarter results , issued better-than-expected guidance and announced a 10-for-1 stock split. Other AI and related semiconductor names rallied on the results. Super Micro Computer shares rose by 1.2%. Boeing — Shares dropped roughly 6% after CFO Brian West said he expects negative free cash flow and that the company’s aircraft deliveries won’t recover in the second quarter from the first. Boeing is dealing with several production challenges with its best-selling planes. Live Nation Entertainment — Shares dropped 7% after the U.S. Department of Justice sued to break up the parent company of Ticketmaster, alleging antitrust violations . E.l.f. Beauty — The stock surged 21% after E.l.f. Beauty surpassed fiscal fourth-quarter estimates on the top and bottom lines. The cosmetics maker posted fourth-quarter adjusted earnings of 53 cents per share on revenues of $321.1 million. Analysts polled by LSEG had expected per-share earnings of 32 cents on revenue of $292.6 million. LiveRamp — Shares climbed 7% following stronger-than-expected earnings for the fiscal fourth quarter, per FactSet. Additionally, LiveRamp issued strong current-quarter and full-year …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
