Check out the companies making headlines for noon deals. NVIDIA – The stock fell 8.5% despite chipmakers’ fourth quarter revenue and revenue, as well as estimates from revenue forecast analysts for the current quarter. Nvidia’s fourth quarter total profit margin fell, with its latest revenue exceeding its lowest forecast in two years. eBay – The ecommerce platform slumped to 8.2% after first-quarter revenue guidance missed Wall Street expectations. According to LSEG, eBay forecasts revenue of $2.56 billion from $2.52 billion for the current quarter, while analysts estimated $2.59 billion. The subsequent fourth quarter revenue and revenue beat expectations. Rolls-Royce – The US deposit receipt of a British jet engine manufacturer has updated its medium-term guidance, up 14.3% shortly after better than expected full-year revenues. The board also approved £1 billion ($1.27 billion), stakes buybacks into stock, bringing back dividends for the first time since the pandemic. Teladoc Health – After wide-anticipated fourth quarter losses and an exceeded quarter revenue outlook, the virtual healthcare service provider’s stock has slid 13.6%. Teladoc lost 28 cents per share in the most recent quarter. We expected this to be worse than the analyst losses surveyed by LSEG at 24 cents per share. For the current quarter, Teladoc expects revenues between $688 million and $629 million, with consensus estimates below $632.9 million. Nutanix – Cloud Computing Company stock rose 10.4% on the back of its strong quarterly report. Nutanix won an adjusted 56 cents per share with $655 million earnings in the second quarter, while analysts surveyed by LSEG estimated earnings of 47 cents per share with $642 million earnings. Snowflake – Data Cloud Analytics company scored 4.5% after fourth quarter results surpassed street estimates. Snowflake earned an adjusted 30 cents per share, with revenues of over 17 cents per share of $987 million and revenues of $956 million. Mara Holdings – Crypto Miner rose 5.5% to $214.4 million, a four-quarter revenue that surpassed expectations. Warner Bros Discovery – HBO Max and CNN parents popped 4.8% in the background of fourth quarter revenues that wins analyst estimates. According to Factset, WBD has posted an adjusted EBITDA of $2.72 billion in over $2.72 billion. The revenue missed expectations. The company predicted it would add 6.4 million subscribers in the quarter, hitting 150 million global subscribers by the end of 2026. Sterling Infrastructure – Construction Services and Infrastructure stocks rose 0.8% to buy from neutral at DA Davidson. As a catalyst, analyst Brent Thiellman pointed to growing demand for Sterling’s e-infrastructure segment, which develops data and e-commerce warehouse and distribution center systems. C3.AI – Stock will still cut 9.7% even after quarterly results that exceed the expectations of the enterprise software company. C3.AI lost 12 cents per share in revenue of $99 million. According to LSEG, analysts had forecast a loss of 25 cents per share and a revenue of $98 million. IONQ – Quantum computing stocks slid 16.8% after quarter revenue and current quarter guidance missed forecasts. IONQ lost 93 cents per share, worse than the consensus forecast of a 25 cent loss from analysts voted by FactSet. IONQ says it expects revenues of between $7 million and $8 million for the current quarter. – CNBC’s Alex Hurling, Lisa Kailay Han and Pia Singh reported.
Stocks that make the biggest moves at noon: NVDA, Snow, Lysei
