Home Depot rose 3.1% to lead the Dow higher after reporting results for the latest quarter that were a bit short of what analysts expected. The retailer said homeowners have been focused on smaller, less expensive home repairs while putting off bigger projects because of high interest rates.
AppLovin develops ad tech software with a focus on mobile and connected TV campaigns, recently expanding into e-commerce advertising, highlighting growth opportunities.
"The objective is to expand that sphere materially more than what we have today," Al Niama added. He'll help lead the crypto company's outreach to large financial institutions.
Analysts predict Symbotic's Fiscal Q3 earnings will include a GAAP EPS of ($0.01), adjusted EPS of $0.05, revenue of $533.25 million, EBITDA of $28.9 million, and gross margin of 20.4%. Anything above these figures is considered a earnings 'beat'.
We're seeking nominations for Business Insider's list of rising stars on Wall Street, spotlighting young talent in investment banking, investing, and sales and trading.
Intel's warning of 'elevated uncertainty across the industry' impacted its stock, decreasing 6.8% after it provided a disappointing profit forecast despite beating early year earnings expectations.