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After Uber Technologies (UBER) reported mixed first-quarter results sending shares lower in intraday trading Wednesday, executives joined the company's earnings call to discuss its financial results, future plans for expansion, and partnerships with autonomous vehicle companies that could provide growth opportunities.
General Motors said Wednesday it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles.
For the second quarter, Mr. Cooper (COOP) expects Originations pretax income to be in the $30-$40 million range.
While Medical Properties' (MPW) Q1 earnings are likely to have benefited from the favorable healthcare industry trends, the high interest rate environment may have hurt it.
Akamai (AKAM) is expected to report a top-line expansion year over year, backed by healthy demand trends in several verticals.
For investors seeking momentum, First Trust Small Cap Growth AlphaDEX Fund FYC is probably on the radar. The fund just hit a 52-week high and is up 29% from its 52-week low price of $51.39/share.
Howmet (HWM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
MoneyLion (ML) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
RenaissanceRe (RNR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Markforged Holding Corporation (MKFG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.