Toward the end of trading Friday, the Dow traded up 0.88 percent to 14,962.73 while the NASDAQ surged 1.10 percent to 3,377.74. The S&P also rose, gaining 0.99 percent to 1,613.66.
Top Headline
Yesterday, LinkedIn (NYSE:
LNKD) issued a downbeat revenue view for the second quarter.
LinkedIn posted its first-quarter earnings at $22.6 million, or $0.20 per share, versus $5 million, or $0.04 per share, in the year-ago period. Its adjusted earnings came in at $0.45 per share, beating analysts' estimates of $0.30 per share. Its revenue climbed 72% to around $325 million.
LinkedIn projected Q2 revenue of $342 million to $347 million, versus analysts' expectations of $360 million.
Equities Trading UP
InvenSense (NYSE:
INVN) shot up 23.09 percent to $11.46 on upbeat Q4 results.
Shares of Blucora (NASDAQ:
BCOR) got a boost, rising 19.91 percent to $17.59 on Q1 results.
American Axle & Manufacturing Holdings (NYSE:
AXL) was also up, gaining 9.10 percent to $14.99 on Q1 results.
Equities Trading DOWN
Arena Pharmaceuticals (NASDAQ:
ARNA) was down, falling 9.33 percent to $7.62 after the company reported disappointing 1Q results.
Shares of LinkedIn (NYSE:
LNKD) were down 13.40 percent to $181.16 after the company issued a downbeat revenue view for the second quarter.
Thoratec (NASDAQ:
THOR) shares tumbled 10.97 percent to $32.51 on downbeat Q1 profit.
Commodities
In commodity news, oil traded up 1.57 percent to $95.47, while gold traded down 0.14 percent to $1,465.60.
Silver traded up 0.99 percent Friday to $24.08, while copper rose 6.54 percent to $3.31.
Euro zoneEconomics
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
