Company News May 27, 2022

  • NVDA shares of NVIDIA Corp. climbed 5.2% after the company reported adjusted earnings per share of $1.36 in the first quarter of fiscal 2023, beating Zacks’ consensus estimate of $1.30.
  • Shares of Broadcom Inc. AVGO jumped 3.6% after reporting adjusted earnings per share of $9.07 in the second quarter of fiscal 2022, beating Zacks’ consensus estimate of $8.72.
  • MDT shares of Medtronic plc fell 5.8% after posting adjusted earnings per share of $1.52 in the fourth quarter of fiscal 2022, missing the Zacks consensus estimate of $1.56.
  • Shares of Snowflake Inc. SNOW fell 4.5% after the company said sales of its products would be affected in the next quarter as customers were hit by macroeconomic headwinds.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Karen J. Nelson