Today's Morning Movers and Top Ratings: AAPL, ADSK, DELL, EL and More
Morning Movers
Gapping up
$Dell Technologies(DELL.US$ shares surged 24% following a fourth-quarter report that surpassed Wall Street expectations, as strong demand for its AI-optimized servers offset softness in personal computing.
$NetApp(NTAP.US$ shares rose 17% as the data infrastructure company reported strong growth and record profitability in its third quarter.
$Autodesk(ADSK.US$ shares rose 8.5% after the 3D design software maker delivered better-than-expected quarterly results and issued an optimistic sales outlook, driven by strong demand from enterprise and entry-level customers.
Gapping down
$Fisker(FSR.US$ shares plunged 36% after the EV startup warned of "going-concern risks," announcing a 15% cut in its workforce and a suspension of investments in future projects.
$New York Community Bancorp(NYCB.US$ shares fell 24% after the regional lender discovered "material weaknesses" in its controls related to an internal loan review.
$Plug Power(PLUG.US$ shares dropped 10% after the hydrogen fuel cell system developer announced 2023 results that missed expectations, though it resolved its "going concern" issues.
$Zscaler(ZS.US$ shares fell 6.8% despite the cloud security platform reporting better-than-expected results for the January quarter, with its guidance failing to meet market expectations.
$Apple(AAPL.US$ saw a 0.5% decline in its stock after it was removed from Goldman Sachs' "Conviction List - Directors' Cut," the bank's list of top buy-rated stocks.
Source: CNBC; Investing.com
US Top Rating Updates on 03/01
Source: Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment