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Musk Vs. Trump: Tesla Suffers Record $152B One-Day Crash As CEO Warns Tariffs 'Will Cause A Recession'
Benzinga· 2025-06-06 05:51
Tesla Inc. TSLA stock traded down 14.3% to $284.70 on Thursday, the company's second-biggest percentage loss in more than a year and the biggest market cap loss in company history. The decline was caused by an escalated feud between CEO Elon Musk and President Donald Trump.What Happened: Tesla's market cap fell by a company record $152 billion, taking the company out of the $1 trillion market capitalization club. This move comes after Musk publicly criticized Trump's "Big Beautiful Bill."Comments made by Tr ...
Petco Stock Drops After Q1 Revenues Miss: Details
Benzinga· 2025-06-06 05:34
Petco Health and Wellness Company, Inc. WOOF released its first-quarter results after Thursday's closing bell. Here's a look at the details in the report. The Details: Petco Health and Wellness reported quarterly losses of four cents per share, which met the analyst consensus estimate. Quarterly revenue came in at $1.49 billion, missing the Street estimate of $1.5 billion and down from revenue of $1.53 billion from the same period last year.Read Next: Trump Announces China Trade Talks, Tesla Stock Slumps: W ...
Microsoft Hits Record High Amid Strong Tech Sector Momentum: What's Going On?
Benzinga· 2025-06-06 04:55
Microsoft Corp MSFT shares surged to a new all-time high of $469.65 on Thursday before closing up 0.82% at $467.68, despite no company-specific news. The rally comes as broader market trends continue to favor mega-cap tech stocks, especially those leading in artificial intelligence and cloud computing.What To Know: A recent software spending survey by BofA Securities analyst Brad Sills signaled modest declines in software growth expectations for 2025 and 2026, citing macroeconomic uncertainties. Still, spen ...
Rubrik Shares Climb On Better-Than-Expected Q1 Results, Raised Fiscal Outlook
Benzinga· 2025-06-06 04:48
财务表现 - 第一季度每股亏损15美分,优于分析师预期的32美分亏损 [1] - 季度营收达2.7848亿美元,超过市场预期的2.6035亿美元 [1] - 订阅收入同比增长54%至2.657亿美元,上年同期为1.722亿美元 [4] 业务增长 - 订阅年度经常性收入(ARR)同比增长38%至11.8亿美元(截至2025年4月30日) [4] - 非GAAP毛利率提升至80.5%,上年同期为75.4% [4] 管理层评论 - CEO表示季度业绩超出所有指引指标,强调公司在网络恢复市场的领先地位 [2] - CEO认为公司当前机遇是历史最大 [2] 业绩展望 - 上调2026财年调整后EPS指引至亏损1.02-0.96美元/股,原预期为亏损1.15美元/股 [3] - 上调2026财年营收指引至11.8-11.9亿美元,原预期为11.6亿美元 [3] 市场反应 - 财报发布后股价在盘后交易时段上涨2.47%至101美元 [3]
Samsara Stock Slips Despite Better-Than-Expected Q1 Report
Benzinga· 2025-06-06 04:36
Samsara, Inc. IOT released its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Samsara reported quarterly adjusted earnings of 11 cents per share, beating the consensus estimate of six cents. Quarterly revenue came in at $366.9 million, beating the Street estimate of $351.42 million. Read Next: Trump Announces China Trade Talks, Tesla Stock Slumps: What’s Driving Markets Thursday?“We delivered a strong first quarter of the new fiscal year ...
DocuSign Stock Plummets After Q1 Earnings Report: Details
Benzinga· 2025-06-06 04:27
DocuSign, Inc. DOCU released its first-quarter results after Thursday's closing bell. Here's a look at the details in the report. The Details: DocuSign reported quarterly earnings of 90 cents per share, which beat the analyst consensus estimate of 81 cents. Quarterly revenue came in at $763.7 million, beating the Street estimate of $748.13 million. The company also announced a $1 billion increase to its share purchase program.Read Next: Trump Announces China Trade Talks, Tesla Stock Slumps: What’s Driving ...
SoFi Technologies Stock Climbs As Company Touts Strong Growth At Investor Conference
Benzinga· 2025-06-06 04:24
SoFi Technologies Inc SOFI shares pushed higher in Thursday afternoon trading. The uptick follows an optimistic presentation where company executives laid out an ambitious path for growth and profitability.What To Know: At the 45th Annual William Blair Growth Stock Conference on Wednesday, SoFi’s Chief Financial Officer Chris Lapointe showcased the company’s expanding reach, now boasting approximately 11 million members and over 15 million products.Lapointe painted a picture of robust financial health, high ...
Why Analyst Sees Attractive Valuation For Calvin Klein Parent PVH Despite 'Noisy' Q1
Benzinga· 2025-06-06 03:01
Calvin Klein and Tommy Hilfiger parent PVH Corp. PVH shares are trading lower after the company cut its FY25 guidance below estimates and issued second-quarter adjusted EPS guidance below estimates.On Wednesday, PVH reported quarterly earnings of $2.30 per share, which beat the analyst consensus estimate of $2.25. Quarterly revenue of $1.98 billion beat the Street estimate of $1.93 billion.The company cut its fiscal 2026 adjusted EPS guidance from a range of $12.40 to $12.75 to a new range of $10.75 to $11, ...
Crude Oil Moves Higher; Ciena Posts Downbeat Earnings
Benzinga· 2025-06-06 02:31
U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones falling around 0.1% points on Thursday.The Dow traded down 0.06% to 42,400.42 while the NASDAQ fell 0.40% to 19,381.93. The S&P 500 also fell, dropping, 0.27% to 5,954.96.Check This Out: Jim Cramer Recommends Nvidia Over ‘Very Cheap’ Semiconductor StockLeading and Lagging SectorsCommunication services shares jumped by 0.4% on Thursday.In trading on Thursday, consumer discretionary stocks fell by 1.5%.Top HeadlineCiena Corp CIEN re ...
MAIA Biotechnology's Experimental Cancer Drug Shows Tripled Survival Vs. Standard Chemotherapy In Pretreated Lung Cancer Patients
Benzinga· 2025-06-06 02:28
MAIA Biotechnology, Inc. MAIA on Thursday revealed updated data from its THIO-101 pivotal Phase 2 clinical trial.The trial is evaluating its lead clinical candidate, ateganosine (THIO), sequenced with Regeneron Pharmaceutical Inc’s REGN immune checkpoint inhibitor (CPI) cemiplimab (Libtayo) for advanced non-small cell lung cancer (NSCLC) who are resistant to immune therapy and chemotherapy.As of May 15, third line (3L) data showed median overall survival (OS) of 17.8 months for the 22 NSCLC patients who rec ...