News & Events:MS

Read How Analysts Reacted To Jack In The Box's Q2 Results

Shares of Gap Inc intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance. On Thursday, Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Overall same-store sales were down 14% from a year ago, missing Wall Street's estimate of a 12.2% drop.

Someone with a lot of money to spend has taken a bullish stance on Thermo Fisher Scientific. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know.

Someone with a lot of money to spend has taken a bullish stance on PayPal Holdings. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

According to Bernstein, the prior rating for HCA Healthcare Inc was changed from Market Perform to Outperform. According to B of A Securities, the prior rating for O-I Glass Inc was changed from Neutral to Buy. According to Benchmark, the prior rating for iQIYI Inc was changed from Hold to Buy. iQIYI earned $0.03 in the first quarter, compared to $0.25 in the year-ago quarter.

Benzinga's "Daily Brief On Trending Tickers" highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Investors will be greeted Tuesday with a decrease in supply with the new-issue calendar estimated at $2.691 billion in $1.786 billion of negotiated deals and $904.9 million of competitive loans.

Morgan Stanley (MS) chief executive officer James Gorman told shareholders during the bank's annual general meeting on Thursday that he does not plan to retire soon, and added that he puts the chances of a U.S. recession at less than 50%. The bank's shareholders also voted against a proposal to stop the bank lending to new fossil fuel projects.

Nutanix Inc shares are trading significantly lower Thursday after the company reported financial results and issued guidance below analyst estimates. Nutanix reported fiscal third-quarter revenue of $403.66 million, which beat the estimate of $397.87 million, according to data from Benzinga Pro.

Shareholders in Morgan Stanley (MS) voted on Thursday against a proposal aiming to stop lending to new fossil fuel projects, in line with the bank's board of directors orientation. Environment non-profit foundation Sierra Club proposed the bank adopted a policy by the end of this year committing to proactive measures to cease financing new fossil fuel development.

According to Citigroup, the prior rating for Hoegh LNG Partners LP was changed from Sell to Neutral. For Alignment Healthcare Inc, B of A Securities upgraded the previous rating of Neutral to Buy. According to Evercore ISI Group, the prior rating for Canadian National Railway Co was changed from In-Line to Outperform.

NEW YORK---- The Morgan Stanley Institute for Sustainable Investing today announced the second cohort of its Sustainable Solutions Collaborative. The Collaborative, launched in 2020, aims to identify breakthrough innovations that address systemic change to support a sustainable future.

Snowflake Inc shares are trading lower Thursday after the company reported financial results and issued guidance below analyst estimates. Snowflake said fiscal first-quarter revenue increased 85% year-over-year to $422.37 million, which beat the estimate of $412.76 million, according to data from Benzinga Pro.

NVIDIA Corp shares are trading lower Thursday after the company reported financial results and issued guidance below analyst estimates. Nvidia said first-quarter revenue grew 46% year-over-year to $8.29 billion, which beat the estimate of $8.12 billion, according to data from Benzinga Pro.

US crude oil futures traded higher this morning on Thursday. When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as being overpriced. Below is a look at a few recent notable insider sales. Also check this: Executives Buy Around $9M Of 4 Penny Stocks Have a look at our premarket coverage here .

Check out this: Executives Sell Around $207M Of 5 Stocks Don't forget to check out our premarket coverage here .

Morgan Stanley Upgrades This Athletic Apparel Retailer - Read Why

Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade after the Nasdaq Composite gained 1.5% in the previous session. Data on initial jobless claims for the latest week and Gross Domestic Product for the first quarter will be released at 8:30 a.m. ET.

NVIDIA Corporation is set to print its first-quarter financial results after the market closes on Wednesday. When the semiconductor company printed its fourth-quarter results on Feb. 16, the stock gapped down over 6% to start the following trading day, but closed that session up 13% off the open.

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