From CNBC: 2024-04-30 17:14:08

Amazon’s shares rose 2% after beating Q1 earnings, posting 98 cents/share on $143.31 billion revenue, exceeding analysts’ expectations. However, their Q2 revenue forecast was lower than estimates.

Starbucks dropped 10% after missing Q2 earnings, with 68 cents/share on $8.56 billion in revenue, below the forecast of 79 cents/share and $9.13 billion.

Advanced Micro Devices fell 7% as gaming segment revenue dropped 48% year-over-year to $922 million, while total revenue slightly exceeded expectations at $5.47 billion.

Pinterest shares surged 19% after beating Q1 expectations with adjusted earnings of 20 cents/share and accelerated revenue growth.

Super Micro Computer saw a nearly 8% drop after missing Q3 revenue estimates at $3.85 billion, despite beating EPS estimates at $6.65. They issued strong Q4 guidance.

Chesapeake Energy’s shares remained stable after posting disappointing earnings of 56 cents/share, missing the FactSet consensus estimate.

Caesars Entertainment lost 3% due to a wider-than-expected loss of 73 cents/share and revenue missing forecasts at $2.74 billion.

Mondelez International’s shares slipped 1% despite surpassing Q1 expectations with adjusted earnings of 95 cents/share on $9.29 billion in revenue.

Diamondback Energy reported Q1 earnings of $4.50/share, exceeding estimates by 4 cents/share, with revenue at $2.23 billion, beating expectations.

Clorox shares fell 3% after their fiscal Q3 revenue came in at $1.81 billion, lower than estimates at $1.87 billion.

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