Check out the companies that make headlines in the midday deal. NVIDIA – Stocks fell 8.5% despite chipmakers’ fourth-quarter earnings and revenues and current quarterly revenue forecast analyst estimates. NVIDIA’s fourth-quarter gross margin fell, with its latest highest revenue forecast being the smallest in two years. eBay – E-commerce platforms fell 8.2% after revenue guidance lost Wall Street expectations in the first quarter. eBay predicts revenue for the quarter between $2.52 billion and $2.56 billion, while analysts estimate $2.59 billion, according to LSEG. Revenue and revenue that lag behind the fourth quarter exceeded expectations. Rolls-Royce – U.S. depositary receipts for British jet engine manufacturers jumped 14.3% to exceed expectations for full-year revenue and updated interim guidance. The board also approved a £1 billion or $1.27 billion share buyback and restored dividends since the pandemic for the first time. Teladoc Health – Stocks of virtual healthcare providers fell 13.6% after exceeding expectations for fourth-quarter losses and exceeding expectations for first-quarter revenue outlook. Teladoc lost 28 cents per share in the latest quarter, worse than the 24 cents per analyst surveyed by LSEG. In the quarter, Teladoc expects revenues of $668 million to $629 million, below consensus estimates of $632.9 million. Nutanix – Cloud computing company stock jumped 10.4% in a strong quarterly report. Nutanix reported revenue of $655 million in the second quarter of 56 cents per share, while analysts surveyed by LSEG estimated earnings per share of $642 million. Snowflake – Data Cloud Analytics Inc. rose 4.5% in street estimates after fourth quarter results. Snowflake’s revenue was $987 million, up from $17 cents per share and $956 million in revenue, with $987 million in revenue per share and $987 million in revenue. Mara Holdings – The cryptocurrency miner rose 5.5% from expected fourth-quarter revenue to $214.4 million, while analysts surveyed by FACTSET are expected to have $187.8 million. Warner Bros. Discovery-HBO Max and CNN parents popped up 4.8% behind beat analysts’ estimated fourth-quarter revenue. According to FactSet, WBD’s adjusted EBITDA was $2.72 billion, higher than analysts’ expectations of $2.69 billion. Income missed expectations. The company said it added 6.4 million subscribers in the quarter and predicted it will hit 150 million global subscribers by the end of 2026. STERLING Infrastructure – Construction Services and Infrastructure stock rose 0.8% to be purchased from Da Davidson’s Nutilal. As a catalyst, analyst Brent Thielman noted that there is growing demand in Sterling’s electronic infrastructure sector, which has developed systems for data centers and e-commerce warehouses and distribution centers. C3.AI – Even after the quarterly results of enterprise software companies were stronger than expected, the stock fell by 9.7%. C3.AI earned $99 million and lost 12 cents per share. According to LSEG, analysts predict a loss of 25 cents per share and revenue of $98 million. IONQ – Quantum computing stocks for fourth-quarter revenue and current quarter guidance fell 16.8%. IONQ lost 93 cents per share, worse than the consensus forecast of 25 cents loss for analysts who surveyed the fact set. IONQ said it expects revenue for the quarter to be between $7 million and $8 million, well below the $16.2 million paid by analysts. – Alex Harring, Lisa Kailai Han and Pia Singh of CNBC contributed the report.
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