CheckMan Stock Market Overview

Ascendis Pharma (ASND) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Analysts said Lloyds Banking Group PLC's (LSE:LLOY) disappointed with some first-quarter respects but there was plenty to be positive about, as shares in the UK's largest lender swung from early losses to gains in early afternoon.  In short, profit was 2% below the consensus City forecast, with misses on net interest income (NII) and costs largely offset by lower-than-expected impairment charges.

Hasbro Inc (NASDAQ:HAS), the toys and board game maker, is preparing to open 9.5% higher on Wednesday after it beat profit estimates and experienced a smaller-than-anticipated drop in sales. Sales at the Monopoly and Nerf owner fell by around 24% to US$757.3 million during the first quarter, improving on Wall Street guidance of a 26.2% drop to US$738.6 million.

Visa (V) reports strong second-quarter results and continues to expect net revenues to grow in low double digits in fiscal 2024.

TotalEnergies (TTE) continues to expand its renewable energy generation business in the United States. The company aims to generate more than 100 TWh of net clean electricity by 2030.

Tesla Stock Rallies Despite Weak Numbers.

Musk's announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company's most recent earnings report.

The year will be a defining moment for Tesla and its shareholders.

Fabrinet (NYSE: FN ) stock is down on Wednesday after announcing the date for its next earnings report. Fabrinet announced that it will release earnings for its fiscal third quarter of 2024 on May 6.

Tesla shares surged 11% during premarket trading Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.