Articles written by Priya Nigam - Benzinga

Baidu Has An 'Increasing Gen-AI Centric Revenue Mix': Analysts Look Into Q1 Results, Outlook

Baidu shares down despite strong quarterly results and upbeat analyst takeaways. Mobile ecosystem and AI cloud business driving growth.

Walmart Growth Incentives 'Are Hitting Stride', 6 Analysts Explore Q1 Earnings

Walmart shares were highly volatile in early trading on Friday; the company reported better-than-expected results for its first quarter.

Applied Materials Sees Strong China Sales, Advanced Technology Driving Analyst Optimism

AMAT shares volatile after better-than-expected Q2 results. Analysts raise price targets, expect company to gain market share in chip equipment.

Occidental Petroleum Could Offer 'Minimal Shareholder Return': Analyst

The Occidental/CrownRock acquisition is expected to close in the current quarter, and is likely to be less accretive than other recent deals.

What Drove Hut 8 Earnings Beat? 4 Analysts Provide Their Q1 Takeaways

Hut 8 Corp reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023.

How Cisco Systems Performed Ex-Splunk, 8 Analysts Weigh In On Q3 Earnings: Here's Where 'Upside Primarily Came From'

Cisco Systems shares declined after earnings were released, with one analyst noting hwo upside primarily came from services, not product.

Rumble Is 'Still Looking For Q2 Revenue Improvement,' Says Analyst

Rumble Inc (NASDAQ: RUM) shares tanked after Q1 results, with improved monetization but declining engagement. Analyst maintains perform rating.

Will Home Depot Continue To Weather Macro Challenges? 'Continued Softness In Discretionary Projects,' But 'Compelling Recovery Opportunity,' Say Analysts

Home Depot shares up despite disappointing sales. Analysts expect comp performance to improve in back half of year. Gross margins expand.

Alibaba Analysts Look For Signs Of Q4 Rebound: 'Cloud Business Could Record Double-Digit Growth In 2025'

Alibaba reported 7% year-on-year revenue growth — a "solid" beat. Analysts acknowledge "margin uncertainties in the coming quarters."

Tencent Music Entertainment Q1 Subs Hit Record High, 2 Analysts Raise Forecasts

Tencent reported "strong" results, "with Core music revenue growth beating by 5 points on record-high subscriber net adds and advertising outperformance."

Plug Power Analyst Says Loan Commitment De-Risks Hydrogen Stock

Plug Power received a $1.66B loan commitment from U.S. DOE, boosting stock. Analyst maintains Neutral rating, citing near-term catalysts.

Cisco Systems Q3 Preview: Analysts Anticipate 'Stabilizing Core Business Trends'

Cisco (NASDAQ: CSCO) launches Hypershield for increased security of data centers and clouds. Analysts predict a beat in third-quarter results.

Ibotta Has 'Significant Revenue Upside': 4 Analysts Begin Coverage

Ibotta is the biggest US platform for digital rewards, connecting 2,400 brands to shoppers who earn cashback for purchases.

Penn Entertainment's Losses Could Be 'Higher For Longer,' Analyst Says

Penn Entertainment shares rose despite disappointing Q1 results and low market share. BofA Securities downgrades to Buy.

Plug Power 'Repositioning The Business To Drive Higher Margins,' Analyst Says: Breakeven 'Seems Even Farther Away'

PLUG shares fell after disappointing Q1 results amid exciting earnings season. Analysts have mixed opinions, with ratings ranging from Underweight to Buy.

Unity Software Disappoints In Q1, 4 Analysts Provide Input On What To Expect In 'Back Half' Of 2024

Shares of Unity Software tanked in early trading on Friday, after the company reported mixed results for the first quarter.

Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are Optimistic About Outlook

Roblox shares recovered slightly after dropping due to weak outlook. Analysts are optimistic about long-term prospects despite Q1 decline.

Affirm Holdings Selloff Is 'Baffling': Analysts Dive Into Financial Results

Affirm Holdings (AFRM) stock rises after reporting strong fiscal Q3 results amid exciting earnings season. Analysts have mixed takeaways.

Shopify Profitability Remains A Concern, 5 Analysts Offer Commentary On Q1 Earnings

Shopify gross profit margins are expected to contract in the second quarter, one analyst says. The company's first-quarter beat was "modest."

Airbnb Stock Plummets As JPMorgan Analyst Praises 'Solid Q1, Stable Q2, Acceleration In Q3'

Airbnb management expects revenue growth to accelerate in Q3, driven by a "strong summer backlog," analyst says.