Check out the companies that are trending in intraday trading. Micron — The semiconductor maker soared 14% after fiscal second-quarter earnings and sales beat analysts’ expectations. Micron posted earnings of 42 cents per share on revenue of $5.82 billion. Analysts polled by LSEG had expected a loss of 25 cents per share on revenue of $5.35 billion. The company also said it expects third-quarter profits and sales to beat consensus estimates. Apple — The tech stock fell 3.2% on news that the Department of Justice is suing Apple. Regulators said the iPhone ecosystem is monopolistic and exhibits anti-competitive behavior in multiple areas of the business. Astera Labs — the company that sells data center connectivity chips soared his 14.1%. This adds to the company’s 72% rise on Wednesday, its first day as a Nasdaq listed company. Li Auto — The Chinese electric car maker’s U.S.-listed shares fell 7.5% on weak first-quarter delivery outlook. Lee told investors he expects the number of vehicles to reach 77,000 at the midpoint, down from the 101,500 expected. Chewy — The pet supplies retailer’s stock fell 6% following a disappointing first-quarter outlook. Chewy said it expects revenue for the quarter to be between $2.84 billion and $2.86 billion. Analysts polled by LSEG had expected $2.89 billion. 5 Down – The discount retailer’s stock came under pressure, falling 14% the day after the company reported lower-than-expected fourth-quarter earnings and earnings. Five Below also announced soft sales and bottom line guidance for the current quarter and full year. Speculation — The clothing designer’s stock soared 23.1% after its latest earnings beat expectations. Guess had adjusted earnings of $2.01 per share on revenue of $891 million, compared to analyst estimates compiled by LSEG of $1.56 per share and revenue of $856 million. Darden Restaurants — Shares fell 5.7% after the parent company of Olive Garden and LongHorn Steakhouse missed revenue expectations. Daren posted his $2.97 billion in revenue, below StreetAccount’s $3.02 billion estimate. Earnings per share were $2.62, in line with expectations. Paramount Global — Media Entertainment shares fell 4.6% after CNBC’s David Faber reported that the company does not intend to sell the studio separately from its other assets as it continues to negotiate a sale. did. The latest information puts a damper on Wednesday’s Wall Street Journal report that Apollo Global Management has offered $11 billion for Paramount’s film and television studio. Shares rose 11% on Wednesday following the news, but rose slightly on Thursday. Accenture — The consulting firm fell 8.1% after its second fiscal quarter revenue fell short of analysts’ expectations. Accenture reported $15.8 billion, lower than the $15.85 billion expected by analysts surveyed by Street Accounts. The company’s revenue outlook for the current quarter also fell short of analysts’ expectations. FactSet — The research platform fell 6.7% after its second fiscal quarter revenue fell short of expectations. The FactSet record came in at $545.9 million, below the $546.8 million consensus estimate of analysts surveyed by StreetAccount. Meanwhile, diluted earnings per share beat expectations, coming in at $4.22, compared to Wall Street expectations of $3.90. Illumina — Life sciences shares soared 3.5% after a European Union court adviser said blocking Illumina’s proposed takeover of healthcare company Grail was beyond the regulator’s powers. Broadcom — The company outperformed, rising 8.1% following his TD Cowen upgrade. TD Cowen said the stock could rise further related to the company’s artificial intelligence business. Revolve Group — This fashion retailer gained 3% following an above-market upgrade from TD Cowen. The company said Revolve should return to a growth trajectory after a difficult year that required price cuts. Nvidia – The chipmaker announced its Blackwell platform after TD Cowen reiterated an outperform rating on the stock and raised its price target, citing the company’s “computing leadership across the stack.” It showed an increase of more than 1%. Sunnova — Residential solar stocks rose 12.2% after Goldman Sachs announced the company had a below-buy rating. After plunging this year, Goldman thinks the stock could rise nearly 200%. Nextracker — Shares rose 2% after Baird initiated coverage of the solar tracker technology company with an Outperform rating. The Wall Street firm said NextTracker is an attractive investment with a “simplified business model, strong balance sheet and differentiated technology.” — CNBC’s Lisa Kailai Hung, Tanaya Machel, Sara Ming, Jesse Pound and Sara Salinas contributed to the report. Correction: WSJ reported Wednesday that Apollo Global Management is buying Paramount’s film and television studios for $11 billion. It was reported that the company had made an offer. Previous versions listed the days of the week incorrectly.
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