U.S. STOCKS ON THE MOVE-Loar, Regeneron, Intel

Dover

25/04/2024 18:55

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U.S. stocks slumped on Thursday as most megacaps fell after Meta Platforms'
quarterly results, while sentiment was shaken amid signs of persistent inflation
that dampened hopes of the Federal Reserve easing monetary policy anytime soon. 
 .N 
    
    At 13:32 p.m. ET, the Dow Jones Industrial Average  .DJI  was down 1.15% at
38,020.51. The S&P 500  .SPX  was down 0.76% at 5,032.9 and the Nasdaq Composite
 .IXIC  was down 1.06% at 15,546.475.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Newmont Corp  NEM.N , up 12.9%
 ** Tyler Technologies  TYL.N , up 7.6%
 ** Carrier Global Corp  CARR.N , up 7.2%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Meta Platforms  META.OQ , down 11.3%
 ** Textron Inc  TXT.N , down 10.5%
 ** Bristol-Myers Squibb Co  BMY.N , down 8.9%
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Loar Holdings  LOAR.N , up 59.5%
 ** Rubrik Inc  RBRK.N , up 20.1%
 ** Newmont Corp  NEM.N , up 12.9%
 
 The top three NYSE  .PL.N  percentage losers:
 ** Live Oak Bancshares  LOB.N , down 16.8%
 ** Harley-Davidson  HOG.N , down 16.6%
 ** The Gorman-Rupp Co  GRC.N , down 15.2%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Processa Pharmaceuticals  PCSA.O , up 48.8%
 ** MoneyHero Limited  MNY.O , up 40.1%
 ** YY Group Holding  YYGH.O , up 33.2%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** ATN International  ATNI.O , down 35%
 ** Brand Engagement Network  BNAI.O , down 29.5%
 ** Redwoods Acquisition Corp  RWODU.O , down 29.5%
 
 ** Dow Inc  DOW.N : down 1.4%
 BUZZ - Q1 EPS seen tumbling 22% year-over-year  urn:newsml:reuters.com:*:nL2N3GX298 

 ** Meta Platforms Inc  META.O : down 11.3%
 ** Amazon.com Inc  AMZN.O : down 2.4%
 BUZZ - Drags megacaps lower on higher cost forecast  urn:newsml:reuters.com:*:nL3N3GY2FT 
    
 ** Antero Resources Corp  AR.N : up 5.1%
 BUZZ - Gains on 2024 production forecast raise  urn:newsml:reuters.com:*:nL3N3GY2JY 
    
 ** Merck & Co Inc  MRK.N : up 2.9%
 BUZZ - Climbs on 2024 profit and revenue forecast raise  urn:newsml:reuters.com:*:nL3N3GY2IW 
    
 ** HashiCorp Inc  HCP.O : up 4.9%
 BUZZ - Rises after IBM's $6.4 bln buyout deal  urn:newsml:reuters.com:*:nL3N3GY2KJ 
    
 ** Southwest Airlines Co  LUV.N : down 8.0%
 BUZZ - Slumps as Boeing jet delivery forecast slashed for third time
 urn:newsml:reuters.com:*:nL3N3GY2YM 
    
 ** Royal Caribbean Group Inc  RCL.N : up 0.5%
 BUZZ - Up on annual profit forecast lift  urn:newsml:reuters.com:*:nL3N3GY2YY 
    
 ** Teradyne Inc  TER.O : up 6.8%
 BUZZ - Climbs after upbeat forecast  urn:newsml:reuters.com:*:nL3N3GY34H 
    
 ** Caterpillar  CAT.N : down 6.5%
 BUZZ - Drops after downbeat Q2 sales forecast  urn:newsml:reuters.com:*:nL3N3GY400 
    
 ** Bristol Myers Squibb Co  BMY.N : down 8.9%
 BUZZ - Hits over four-year low after co swings to loss  urn:newsml:reuters.com:*:nL3N3GY4D4 
    
**  Keurig Dr Pepper Inc  KDP.O : up 4.4%
 BUZZ - Hits 8-month high on Q1 results beat  urn:newsml:reuters.com:*:nL3N3GY475 
    
 ** ServiceNow Inc  NOW.N : down 5.0%
 BUZZ -  Dips after firm sees Q2 subscription revenue below estimates
 urn:newsml:reuters.com:*:nL3N3GY35K 
    
 ** Chipotle Mexican Grill Inc  CMG.N : up 6.4%
 BUZZ - Hits fresh peak as brokerages cheer robust sales growth  urn:newsml:reuters.com:*:nL3N3GY45L 
    
 ** TAL Education Group  TAL.N : up 8.1%
 ** Gaotu Techedu Inc  GOTU.N : up 5.9%
 ** New Oriental Education & Technology Group Inc  EDU.N : up 3.8%
 BUZZ - ADRs rise after Q4 beat, share buyback; peers rise  urn:newsml:reuters.com:*:nL3N3GY3EN 
    
 ** Newmont Corp  NEM.N : up 12.9%
 BUZZ - Rises after Q1 profit beat  urn:newsml:reuters.com:*:nL3N3GY3A2
 
  ** International Paper Co  IP.N : down 2.8%
 BUZZ - Down after Q1 profit misses estimates  urn:newsml:reuters.com:*:nL3N3GY3N1 
    
 ** Union Pacific Corp  UNP.N : up 4.1%
 BUZZ - Rises after Q1 profit beat  urn:newsml:reuters.com:*:nL3N3GY3O9 
    
 ** TransUnion  TRU.N : up 8.8%
 BUZZ - Jumps on Q1 beat-and-raise report  urn:newsml:reuters.com:*:nL2N3GY1OO 
    
 ** Textron Inc  TXT.N : down 10.5%
 BUZZ - Shares dive on Q1 results miss, job cuts  urn:newsml:reuters.com:*:nL3N3GY3WG 
    
 ** MarineMax Inc  HZO.N : down 8.5%
 BUZZ - Drops on second downward revision in annual profit forecast  urn:newsml:reuters.com:*:nL3N3GY3XA
    
 ** Hertz Global Holdings Inc  HTZ.O : down 20.3%
 BUZZ - Slides to record low on wider-than-expected Q1 loss  urn:newsml:reuters.com:*:nL3N3GY45O 
    
 ** Viking Therapeutics Inc  VKTX.O : up 2.8%
 BUZZ - Climbs on smaller-than-expected quarterly loss  urn:newsml:reuters.com:*:nL3N3GY492 
    
 ** RPC Inc  RES.N : down 9.0%
 BUZZ - Shares fall after Q1 results disappoint  urn:newsml:reuters.com:*:nL3N3GY4D5 
    
 ** Altria Group Inc  MO.N : up 1.0%
 BUZZ - Up on Q1 sales beat  urn:newsml:reuters.com:*:nL3N3GY4D8 
    
 ** AZZ Inc  AZZ.N : down 8.6%
 BUZZ - Drops on planned stock offering  urn:newsml:reuters.com:*:nL2N3GY253 
    
 ** West Pharmaceutical Services Inc  WST.N : down 3.4%
 BUZZ - Falls after Q1 revenue declines  urn:newsml:reuters.com:*:nL3N3GY4EN 
    
 ** Nvidia Corp  NVDA.O : up 3.6%
 ** Broadcom Inc  AVGO.O : up 3.3%
 ** Marvell Technology Inc  MRVL.O : up 3.1%
 ** Lam Research Corp  LRCX.O : up 2.2%
 BUZZ - Chip stocks outperform broader markets on signs of strong AI spend
 urn:newsml:reuters.com:*:nL3N3GY4F5 
    
 ** Nasdaq Inc  NDAQ.O : down 3.2%
 BUZZ - Falls after Q1 profit misses  urn:newsml:reuters.com:*:nL3N3GY4IZ 
    
 ** Rubrik Inc  RBRK.N : up 20.1%
 BUZZ - Jumps >20% in strong NYSE debut  urn:newsml:reuters.com:*:nL2N3GY2QM 
    
 ** BioMarin Pharmaceutical Inc  BMRN.O : down 9.5%
 BUZZ - Falls after Q1 revenue miss  urn:newsml:reuters.com:*:nL3N3GY4LR 
    
 ** Alphabet Inc  GOOGL.O : down 2.2%
 BUZZ - Falls ahead of first-quarter results  urn:newsml:reuters.com:*:nL3N3GY4M9 
    
 ** First Citizens BancShares Inc  FCNCA.O : up 7.9%
 BUZZ - Jumps after Q1 profit beat  urn:newsml:reuters.com:*:nL3N3GY4N5 
    
 ** Dover Corp  DOV.N : up 5.4%
 BUZZ - Rises after Q1 profit beat  urn:newsml:reuters.com:*:nL3N3GY4NR 
    
 ** Regeneron Pharmaceuticals Inc  REGN.O : down 1.4%
 BUZZ - Falls after blockbuster drug misses revenue estimates  urn:newsml:reuters.com:*:nL3N3GY4O9 
    
 ** Valley National Bancorp  VLY.O : down 1.3%
 BUZZ - Falls after Q1 profit plunges  urn:newsml:reuters.com:*:nL3N3GY4QK 
    
 ** Pfizer Inc  PFE.N : down 3.4%
 ** BioNTech SE  BNTX.O : down 1.5%
 BUZZ - Fall as GSK sues over COVID-19 vaccine technology  urn:newsml:reuters.com:*:nL3N3GY4TG 
    
 ** Loar Holdings LLC  LOAR.N : up 59.5%
 BUZZ - Soars >70% in stellar debut  urn:newsml:reuters.com:*:nL2N3GY2P6 
    
 ** Tractor Supply Co  TSCO.O : up 1.9%
 BUZZ - Rises after Q1 profit beats estimates  urn:newsml:reuters.com:*:nL3N3GY4TX 
    
 ** Laboratory Corporation of America Holdings  LH.N : down 5.0%
 BUZZ - Falls on weak forecast for life sciences unit  urn:newsml:reuters.com:*:nL3N3GY4Z5 
    
 ** Intel Corp  INTC.O : up 1.4%
 BUZZ - Gains ahead of results due after the bell  urn:newsml:reuters.com:*:nL2N3GY2R3 
    
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL               down 4.42%
                                    
 Consumer Discretionary   .SPLRCD               down 0.84%
                                    
 Consumer Staples         .SPLRCS               down 0.10%
                                    
 Energy                   .SPNY                 up 0.10%
                                    
 Financial                .SPSY                 down 0.77%
                                    
 Health                   .SPXHC                down 0.69%
                                    
 Industrial               .SPLRCI               down 0.04%
                                    
 Information Technology   .SPLRCT               down 0.26%
                                    
 Materials                .SPLRCM               up 0.42%
                                    
 Real Estate              .SPLRCR               down 0.71%
                                    
 Utilities                .SPLRCU               up 0.38%
                                    
 
 (Compiled by Rajarshi Roy and Mariam Sunny in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))