The logo of the American software company Palantir Technologies is seen in Davos, Switzerland, January 22, 2020.
Arnd Wiegmann | Reuters
Consult the companies that make securities in the trading of lunch.
Applied Materials – The chip maker’s shares rose more than 7% after Applied Materials exceeded estimates in the fourth quarter and gave optimistic comments for the current quarter. “We have seen a steady acceleration in demand in our semiconductor business as major macro and industry trends fuel the growth of silicon consumption in a wide range of markets and applications,” Gary Dickerson, president and CEO, said in a statement. . VanEck Vectors Semiconductor ETF gained over 2%.
Deere – The stock of agricultural machinery grew by more than 10% after Deere easily exceeded expectations for the first fiscal quarter. The company reported earnings per share of $ 3.87, with revenues of $ 8.05 billion. Analysts surveyed by Refinitiv expected $ 2.14 per share and $ 7.22 billion in revenue. Deere’s net sales in its equipment unit increased by 23% year-on-year.
Roku – Roku rose 3.8% in its trading at noon, after reporting a quarterly earnings per share of 49 cents, compared to the consensus forecast of a loss of 6 cents per share. The number of sales of the manufacturer of streaming video devices exceeded forecasts, with an increase of 58%, as consumers remained at home during the pandemic.
Dropbox – Dropbox shares fell nearly 2.5% around nightfall in New York, as better-than-expected revenues failed to offset the overwhelming guidance. Profit came in at 4 cents a share ahead of estimates, with quarterly earnings of 28 cents a share. However, the company forecasts year-round revenue below analysts’ estimates.
Palantir Technologies – Palantir rallied nearly 13% on Friday after investor Cathie Wood, whose choices have proven profitable over the past year, said it had raised its bets on the data company. Wood’s Ark Innovation Fund bought more than 5.2 million shares on Thursday, meaning that the stake represents about 0.5% of its total weight.
Planet Fitness – The shares of the gym chain fell by more than 2.3% after Planet Fitness’s fourth-quarter earnings fell in expectations. The company reported adjusted earnings per share of 17 cents, below the 23 cents per share expected by analysts, according to FactSet. Revenues fell by 30% year-on-year.
– CNBC’s Pippa Stevens and Jesse Pound contributed to the reporting.
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