Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024

→ Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad)

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday:

Amazon.com Inc., up $4 to $179.

The e-commerce giant beat Wall Street's first-quarter earnings and revenue forecasts.

Advanced Micro Devices Inc., down $14.11 to $144.27.

The chipmaker gave investors a disappointing revenue forecast.

Pinterest Inc., up $7.03 to $40.48.

The digital pinboard and shopping tool beat analysts' first-quarter financial forecasts.

Super Micro Computer Inc., down $120.50 to $738.30.

The server technology company gave investors a weak revenue forecast for its current quarter.

Starbucks Corp., down $14.05 to $74.44.

The coffee chain's fiscal second-quarter earnings and revenue fell short of Wall Street forecasts.

CVS Health Corp., down $11.40 to $56.31.

The drugstore chain and pharmacy benefits manager cut its profit forecast for the year.

Skyworks Solutions Inc., down $16.29 to $90.30.

The chipmaker gave investors a disappointing financial forecast for its current quarter.

Garmin Ltd., up $18.95 to $163.42.

The maker of personal navigation devices beat analysts' first-quarter earnings and revenue forecasts.

→ Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad)

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Featured Articles and Offers

Search Headlines: