The tech giant posted fiscal third-quarter earnings that exceeded analyst expectations. However, revenue was down for a fourth straight quarter . Shares were down 3% in the premarket on the back of those results. Elsewhere on Wall Street this morning, Goldman Sachs named Monster Beverage a top pick. Check out the latest calls and chatter below. 5:40 a.m.
ET: Goldman names Monster Beverage a top pick Goldman Sachs analyst Bonnie Herzog called Monster one of the bank's top picks after the energy drink maker posted its third-quarter results. The company reported adjusted earnings per share of 41 cents, beating a StreetAccount forecast of 40 cents per share. "We continue to favor strong volume-led growth stories across the Staples universe , with MNST being a standout.