Meta Platforms stock rallies on results, Mobileye Global stock sinks and other stocks on the move

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Caterpillar and Merck & Co’s stock rise after reporting quarterly results.

Gainers: Shares of Meta Platforms Inc. META were trading up 12% in premarket trading after the social media giant posted better-than-expected first quarter earnings and revenue.

Amazon.com Inc.’s stock AMZN was up nearly 3% as traders look to the ecommerce and cloud giant’s results, which are expected after Thursday’s closing bell. Analysts surveyed by FactSet anticipate the online retailer to post earnings of $0.21 per share with sales of $124.6 billion. Shares in Merck & Co. Inc. MRK rose 2% premarket Thursday, after the drugmaker posted better-than-expected first-quarter earnings – it reported adjusted per-share earnings of $1.40, higher than the $1.32 per share FactSet consensus.

Harley-Davidson Inc.’s stock HOG saw gains of more than 4% after the motorcycle maker beat estimates in its first-quarter revenue and profit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU

Australia Australia Latest News, Australia Australia Headlines