{"id":7808,"date":"2024-11-13T08:18:29","date_gmt":"2024-11-13T08:18:29","guid":{"rendered":"https:\/\/finderica.com\/shop-hon-gev-twlo-more\/"},"modified":"2024-11-13T08:18:29","modified_gmt":"2024-11-13T08:18:29","slug":"shop-hon-gev-twlo-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7808","title":{"rendered":"SHOP, HON, GEV, TWLO &#038; more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in midday trading. Shopify \u2014 Shares surged 21% after the e-commerce platform operator posted third-quarter operating income of $283 million, higher than the $122 million in the same quarter a year ago. Shopify&#8217;s $2.16 billion revenue beat a FactSet estimate of $2.12 billion. The stock was on track for its best day ever. Live Nation Entertainment \u2014 The live music and entertainment company gained nearly 5% after posting a third-quarter earnings beat. Live Nation earned $1.66 per share, topping an LSEG estimate of $1.59 per share. On the other hand, revenue of $7.65 billion missed the $7.75 billion analysts had forecasted. Honeywell \u2014 The industrial giant climbed 4% after Elliott Management disclosed a $5 billion stake. The investor recommended that Honeywell should &#8220;pursue a separation of Aerospace and Automation. Both entities would be sector leaders and be better positioned to thrive operationally, serve customers and employees, and create long-term value for shareholders&#8221; in a letter. Twilio \u2014 Shares rose 3% after Wells Fargo upgraded the cloud communications firm to overweight from equal weight. Wells Fargo said &#8220;Twilio can serve as a pick-and-shovel play for the next wave of AI-native front office and communications-powered genAI applications.&#8221; IAC \u2014 Shares plunged 13% after the media and internet conglomerate said it was weighing a spinoff of home improvement marketplace Angi . Shares of Angi tumbled 26%. Trump Media &amp; Technology \u2014 Shares of Trump&#8217;s media company shed 9% on Tuesday. The stock had rallied nearly 5% on Monday and rose more than 4% last week following Donald Trump&#8217;s reelection to the White House. SentinelOne \u2014 The cybersecurity stock advanced 2% following an upgrade to buy from hold at Deutsche Bank. The Wall Street firm said that CrowdStrike&#8217;s July outage could potentially boost SentinelOne&#8217;s momentum. Tyson Foods \u2014 The poultry processor jumped more than 6% after Tyson&#8217;s fiscal fourth-quarter report topped Wall Street expectations. Tyson earned an adjusted 92 cents per share on $13.57 billion of revenue. Analysts called for 72 cents per share on $13.39 billion of revenue, according to a FactSet estimate. Tyson also bumped up its quarterly dividend by 2%. On Holding \u2014 U.S.-traded shares of the Swiss athleisure company ended the day slightly below flat after posting mixed third-quarter results. On reported adjusted earnings of 0.15 Swiss francs on revenue of 635.8 million francs. Analysts polled by StreetAccount had estimated earnings of 0.19 francs on 617.6 million francs in revenue. Meanwhile, On&#8217;s full-year revenue guidance came slightly above analysts&#8217; forecasts. TreeHouse Foods \u2014 Shares plunged 14% after the food processor reported that it has missed analysts&#8217; estimates for both its third-quarter adjusted diluted earnings and revenue. Treehouse also posted fourth-quarter revenue and adjusted EBITDA guidance that was below FactSet&#8217;s estimates. Tencent Music Entertainment \u2014 The Chinese music streaming company dipped 5% after reporting that revenue from its social entertainment services business fell 23.9% in its previous quarter. Sea \u2014 Shares surged 10% after the tech company reported a third-quarter revenue beat. Sea&#8217;s $4.33 billion in revenue beat a FactSet consensus of $4.09 billion. The company&#8217;s third-quarter adjusted EBITDA of $521.3 million also came above the expected $490.9 million. Shift4 Payments \u2014 The payments stock slid more than 5% following disappointing third-quarter results. Shift4 Payments reported $1.04 in earnings per share, excluding items, on $365.1 million in revenue. Analysts polled by FactSet had anticipated $1.06 a share and $371.1 million, respectively. Mosaic \u2014 Shares slid 8% after the chemicals company reported disappointing quarterly results. Mosaic also said CEO Clint Freeland will retire, with Luciano Siani Pires succeeding him in January. GE Vernova \u2014 Shares tumbled 7% after the wind turbine manufacturer&#8217;s CEO, Scott Strazik, told The Financial Times he will hold off on his search for new offshore turbine orders. Strazik said he wants a better economic environment. President-elect Donald Trump has also promised to block offshore wind projects. \u2014 CNBC&#8217;s Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound and Pia Singh contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/12\/stocks-making-the-biggest-moves-midday-shop-hon-gev-twlo-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in midday trading. Shopify \u2014 Shares surged 21% after the e-commerce platform operator posted third-quarter operating income of $283 million, higher than the $122 million in the same quarter a year ago. Shopify&#8217;s $2.16 billion revenue beat a FactSet estimate of $2.12 billion. The stock was on track for<\/p>\n","protected":false},"author":1,"featured_media":7809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[2441,2440,968,2442],"class_list":{"0":"post-7808","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-gev","9":"tag-hon","10":"tag-shop","11":"tag-twlo"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7808"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/7809"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}