Nvidia reported a remarkable 85% year-over-year revenue increase, reaching $81.62 billion in the first quarter, surpassing analyst expectations of $78.86 billion. Despite this impressive performance, Nvidia's shares remained relatively stable.
In contrast, Intuit's shares fell by 10.3% after the company announced a 17% reduction in its workforce and reported third fiscal quarter revenue of $8.56 billion, slightly below the consensus forecast of $8.61 billion. E.l.f.
Beauty experienced a nearly 5% increase in shares after exceeding Wall Street's expectations for both revenue and earnings in its fourth fiscal quarter, and it plans to reverse some tariff-related price hikes to alleviate consumer pressure from rising gas prices.
Star Bulk Carriers saw a 3% rise in shares after reporting earnings of 56 cents per share on $281.2 million in revenue, outperforming analyst estimates of 47 cents and $225.9 million, respectively. Conversely, Choice Hotels International's shares dipped 1.8% following the announcement of CEO Patrick Pacious's departure, with Dominic Dragisich stepping in as interim CEO