Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Stocks making the biggest moves midday: Apple, Instacart, Nvidia, Block and more

By CNBC by By CNBC
May 2, 2025
Home Finance
Share on FacebookShare on Twitter


Check out the companies making headlines in midday trading: Duolingo — Shares soared more than 18% after the language learning app guided toward a better-than-expected revenue forecast. Duolingo estimates second-quarter revenue will come in between $239 million and $242 million, while analysts polled by LSEG expected $234 million. Full-year revenue is expected to come in a range between $987 million and $996 million, higher than the consensus call of $977 million. Apple — Shares shed 4% after the iPhone maker reported fiscal second-quarter services revenue of $26.65 billion, while analysts had expected $26.70 billion, according to StreetAccount. This number still represented an annual increase of 11.65%. However, Apple’s earnings and revenue for the quarter beat analysts’ estimates. Amazon — The e-commerce stock dipped just 0.4% on the back of its first-quarter earnings print . Amazon posted better-than-expected earnings and revenue for the quarter, but gave soft guidance for the current period. Amazon is forecasting operating income to land between $13 billion and $17.5 billion, which fell short of the $17.64 billion consensus call, per StreetAccount. The company also said tariff and trade policies could affect its guidance. Nvidia — The semiconductor giant advanced 2%. The Information reported the company is tailoring chips for sale in China after the U.S. export ban. Take-Two Interactive Software — Shares of the video game manufacturer fell more than 5% after the company announced that the new version of Grand Theft Auto would not be released until May 26, 2026. The game was previously slated for this fall. Atlassian — Shares sank 6% after management issued weak fiscal fourth-quarter guidance. The software company expects revenue in the period to land between $1.35 billion and $1.36 billion, versus the $1.36 billion consensus estimate, per LSEG. Atlassian beat on both the top and bottom lines for its third quarter. Roku — The streaming platform’s shares dropped 6% on the back of its first-quarter results. Roku reported $1.02 billion in revenue, slightly beating the consensus prediction from FactSet of $1.01 billion. However, the company’s adjusted EBITDA of $56 million came in below consensus estimates of $57 million. Block — The payments stock tumbled 20% after Block reported disappointing first-quarter revenue and issued weak guidance due to macro uncertainty. Block posted top-line results of $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Maplebear — Shares of the grocery delivery company, which does business as Instacart, rallied 13% on strong second-quarter guidance. Maplebear called for adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, to come in between $240 million and $250 million during the period, while analysts polled by FactSet forecast $234.8 million. That overshadowed slight misses on both top and bottom lines in the first quarter. Five Below — The discount retailer stock gained about 12% after the company increased its first-quarter net sales guidance. Five Below now expects around $967 million, compared to its previous forecast of $905 million to $925 million. GoDaddy — The domain registrar company tumbled more than 7% after issuing weaker-than-expected top-line estimates for the current quarter. GoDaddy expects revenue to range between $1.195 billion and $1.215 billion in the second quarter. Analysts surveyed by FactSet estimated $1.21 billion. Dexcom — The maker of glucose monitoring systems surged 15% after posting first-quarter revenue that narrowly topped expectations. Dexcom posted revenue of $1.04 billion, while FactSet consensus estimates sought $1.02 billion. The company also announced a $750 million share repurchase program. — CNBC’s Pia Singh and Lisa Kailai Han contributed reporting.



Source link

Tags: Amazon.com IncApple IncAtlassian CorpBlock IncBreaking News: MarketsBusinessbusiness newsDexcom IncDuolingo IncEconomyFive Below IncGoDaddy Inc.Instacart (Maplebear Inc)Market InsiderMarketsNVIDIA Corpregwall-marketmoversRoku IncStock marketsTake-Two Interactive Software Inc
By CNBC

By CNBC

Next Post
Two JPMorgan ETFs that are providing a destination for risk-averse investors

Two JPMorgan ETFs that are providing a destination for risk-averse investors

Recommended.

Why 2025 is the year to modernize estimation

Why 2025 is the year to modernize estimation

June 23, 2025
InventHelp Inventor Develops Lockbox for a Cellular Telephone (TRO-1540)

InventHelp Inventor Develops Lockbox for a Cellular Telephone (TRO-1540)

January 29, 2026

Trending.

Cloud Market Share Q1 2026: AWS, Microsoft, Google Battling In AI Era

Cloud Market Share Q1 2026: AWS, Microsoft, Google Battling In AI Era

May 4, 2026
AWS Vs. Google Cloud Vs. Microsoft Azure Q1 Earnings Face-Off

AWS Vs. Google Cloud Vs. Microsoft Azure Q1 Earnings Face-Off

May 1, 2026
The 50 Coolest Software-Defined Storage Vendors: The 2026 Storage 100

The 50 Coolest Software-Defined Storage Vendors: The 2026 Storage 100

April 13, 2026
30 Notable IT Executive Moves: April 2026

30 Notable IT Executive Moves: April 2026

May 11, 2026
The 15 Hottest AI Data And Analytics Companies: The 2026 CRN AI 100

The 15 Hottest AI Data And Analytics Companies: The 2026 CRN AI 100

April 6, 2026

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio