Stocks were mixed on Thursday as Wall Street took a breather from a rally that has extended in November following soft U.S. inflation data.

Walmart

(WMT) reported third-quarter earnings that beat analysts’ estimates and raised fiscal-year guidance. But the stock fell 8.1%, after the outlook from the world’s largest retailer disappointed.

U.S.-listed shares of

Alibaba

(BABA) fell 9.1% after the Chinese e-commerce and cloud-computing company reported fiscal second-quarter earnings that were better than expected but warned that U.S. export controls on advanced computer chips, expanded in October, “may materially and adversely affect Cloud Intelligence Group’s ability to offer products and services and to perform under existing contracts.”

Alibaba

revealed it wouldn’t be spinning off the cloud division as planned.

Cisco Systems

(CSCO) reported fiscal first-quarter adjusted earnings that beat analysts’ estimates but the networking-equipment maker reduced its outlook for the fiscal year and the stock tumbled 9.8%. The company said it expects adjusted profit for fiscal 2024 of $3.87 to $3.93 a share, down from a previous projection of $4.01 to $4.08 a share, and said it sees revenue of $53.8 billion to $55 billion, below its prior forecast of $57 billion to $58.2 billion.

Cisco

cited a slowdown in product orders.

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Palo Alto Network

s (PANW) reported fiscal first-quarter earnings and revenue that beat Wall Street estimates and raised its adjusted earnings outlook for the fiscal year, but the stock fell 5.4% after the cybersecurity company reduced guidance for total billings. For fiscal 2024,

Palo Alto

said it expects billings of $10.7 billion to $10.8 billion, an increase of 16% to 17% from a year earlier but below consensus of $10.96 billion.

Macy’s

(M) reported third-quarter adjusted earnings of 21 cents a share, beating analysts’ estimates, while sales of $4.86 billion also topped forecasts. Shares rose 5.7%.

Plug Power

(PLUG) declined 3.9% to $4.18 after shares of the hydrogen-technology company were downgraded to Neutral from Buy at

Citi
.

The price target was reduced to $5 from $12.50. Analyst Vikram Bagri wrote in a research note that “subpar execution has led the company into liquidity challenges.”

Sonos

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(SONO) rose 17% after the audio technology company reported a narrower-than-expected fiscal fourth-quarter loss and said its board authorized a new stock buyback program of up to $200 million.

Maxeon Solar Technologies

(MAXN) reduced its revenue guidance for the fiscal year a second time and reported a third-quarter loss that was wider than a year earlier. The stock fell 15%.

Intel

(INTC) rose 6.7% to $43.35 after the chip maker was upgraded to Buy from Neutral at

Mizuho

and the price target on the stock was raised to $50 from $37. In a research note, analysts at Mizuho said they believe the company is “lining up significant new server product launches and foundry customer announcements in the next six months.”

Crispr Therapeutics

(CRSP) was up 5.3% after U.K. regulators approved a CRISPR gene-edited therapy to treat sickle cell disease and beta thalassemia. Crispr and partner

Vertex Pharmaceuticals

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(VRTX) said the approval marked the first time the therapy had been authorized.

Write to Joe Woelfel at joseph.woelfel@barrons.com 

The post Walmart, Alibaba, Cisco, Palo Alto, Plug Power, Intel, Sonos, and More Market Movers appeared first on California Vanlines.

Hecla stock drops after Lucky Friday mine collapse

Hecla Mining stock dropped just over 9% in Monday’s trade as it warned that a collapsed shaft at the Lucky Friday mine, in Idaho, will dent production volumes and trigger higher mining costs.

The company said that the incident took place at a depth of 500 feet and there were no personel in the mine at the time.

In New York, the stock was down was down 43 cents or 9.39% changing hands at US$4.15.

Willow surges as it teams up with ‘Nasdaq biopharma’

Canadian small-cap Willow Biosciences Inc (TSX:WLLW, OTCQB:CANSF) saw its stock surged 23%, trading at 8 cents, after announcing a collaboration is underway with an unnamed (under confidentiality) “forward thinking” Nasdaq-listed biopharma company, exploring ‘new sustainable manufacturing routes for active pharmaceutical ingredients’. Read more

AI surveillance deal sparks Gorilla rally

Gorilla Technology Group Inc was up 13% on news that it has secured a US$20 million contract for the AI-powered specializing firm in a 5G surveillance and network security project in Taiwan – which it says will focus on “enhancing criminal investigations for a major law enforcement agency”. Read more

The stock was trading at US$1.73, valuing the company above US$116 million.

Lowly raise sees metaverse small-cap plummet

Super League Gaming (NASDAQ:SLGG), described as a ‘metaverse gaming platform’, saw its share price collapse in Monday’s deals as the company gave details of a discounted and dilutive equity raise which will deliver US$2.2 million of new capital.

In a brief statement it confirmed that 16.9 million new shares, plus accompanying warrants, will be sold to investors at 13 cents apiece – some 45% below Friday’s closing price of 23.9 cents.

It marks a new low for the ‘metaverse’ and eSports early mover which floated at US$11.000 per share raising US$25 million and set a public valuation just below $100 million. Read more

Early movers: Palo Alto, XPeng, NAPCO Security, Nikola, Earthstone

Palo Alto Networks Inc (NYSE:PANW) (Palo Alto Networks Inc (NYSE:PANW)) (Palo Alto Networks Inc (NYSE:PANW) (Palo Alto Networks Inc (NYSE:PANW))) stock is the week’s early mover, with a strong relief rally following Friday’s oddly timed but not bad earnings release. Today the stock is up 16% trading at just over US$243. Read more

Xpeng Inc (NYSE:XPEV) (Xpeng Inc (NYSE:XPEV)) (Xpeng Inc (NYSE:XPEV) (Xpeng Inc (NYSE:XPEV))) stock is in recovery mode, helped by an analyst upgrade, following last week’s downbeat earnings report – which on Thursday showed a wider-than-expected net loss for its second quarter. Today, it is up 10% in midday trade, changing hands at US$16.48 per share.Read more

It is looking like a horror show for investors in Amityville-headquartered NAPCO Security Technologies (NAPCO Security Technologies Inc (NASDAQ:NSSC)) as its stock fell nearly 42%, at US$22.33, in Monday’s premarket deals after warning late on Friday that it had identified errors in past financial statements. Read more

Nikola dropped more than 21% in Monday’s early deals, to US$1.54, after the EV firm revealed a US$325 million bond deal that threatens an ‘overhang’ in stock as well as future dilution as debt is swapped for equity. Read more

Earthstone Energy Inc (NYSE:ESTE) stock jumped 13% higher, to US$18.35, after news of its premium-priced, US$4.5 billion takeover by US shale peer Permian Resources (NYSE:PR), down 0.16% at US$12.88. Read more

The post Midday stock movers: Hecla, Willow Biosciences, Gorilla Tech, Palo Alto, Tesla, XPeng and more appeared first on California Vanlines.

San Francisco has seen its fair share of population ebb and flow. This frequent influx and exodus, which became especially pronounced during the COVID-19 pandemic, fostered a robust moving industry. With quality, reliability, and cost-effectiveness in mind, SFist has curated a list of the best moving companies in the Bay Area. Whether you’re bidding adieu to Fog City or just relocating within its hilly terrain, choosing the best moving company in San Francisco is a critical component to your moving puzzle. Why is this list free to read?

California Movers
#1 of 16 Best Moving Companies San Francisco
★★★★★

Priding themselves on providing the best moving experience in San Francisco, California Movers offers an array of services including local and long-distance moving, office moving, and storage and moving solutions. This fully licensed and insured SF moving company helps clients with their home and business relocation needs, ensuring a seamless and stress-free moving experience. Not only do they boast an impressive fleet of over 32 trucks in various sizes, but their professional San Francisco movers are also highly qualified, experienced, and fully trained, making them an indispensable choice when it comes to getting your precious belongings from point A to point B without a hitch. Renowned companies like Apple, Dropbox, and eBay trust these skilled movers to handle their relocations, whether it’s a home or office move, demonstrating the company’s top-notch quality and reliability. And just to sweeten the deal, California Movers provides free estimates and accommodates last-minute moves, so there’s no reason to look any further for a moving service in the city by the bay.

Dependable Movers
#2 of 16 Top San Francisco Movers
★★★★★

Dependable Movers is an experienced team that aims to make the process a breeze. With years of expertise under their belt, they specialize in moving apartments, houses, office spaces, retail locations, and have even tackled entire warehouse moves. From standard to complex jobs, this top-reviewed moving company prioritizes safety, particularly during the COVID-19 pandemic, and remains time-conscious, ensuring every move is completed quickly and efficiently. One significant aspect that sets Dependable Movers apart from the competition is their careful packing and boxing methods because, as they say, the difference in moving experience lies in how things are organized and protected during the process, so they are meticulous in that regard which is particularly important for those intricate items that require a little extra love and attention. Offering services like white glove service and free estimates, Dependable Movers is an excellent choice for anyone embarking on a move within San Francisco, providing a seamless and stress-free experience every step of the way.

Packers Movers SF is a top-notch moving company servicing San Francisco, the Bay Area, NorCal, and beyond, offering a one-stop solution to all your moving needs, including packing, moving, and storage — with professional expertise that truly sets them apart. They cater to offices, commercial spaces, and homes, boasting an impressive array of services tailored to every client’s needs, employing a team of trained professionals capable of skillfully wrapping, packing, and securing all your items, so you can just point, and they’ll move them safely and securely to their new destination. Being fully insured, licensed, and bonded, Packers Movers SF has earned a well-deserved reputation as one of the most respected moving companies in San Francisco as well as having hundreds of satisfied clients, many of whom have come to them through word-of-mouth; all in all, moving is stressful enough so why not let this exceptional team take the load off your shoulders and ensure a seamless transition to your new abode, providing unparalleled support every step of the way.

Good Green Movers
#4 of 16 Top-Notch SF Moving Companies
★★★★★

If you’re in search of a reliable and efficient moving company, look no further than We Move SF, a top-rated moving service in San Francisco providing a comprehensive range of services tailored to meet your every relocation need. With a team of experienced, insured, and customer-focused movers, We Move SF handles residential and commercial moves both locally and long distance, ensuring that your items reach their destination safe and sound. Along with their standard moving services, they also offer packing and storage solutions for a stress-free relocation experience. No matter how near or far you’re moving, they approach each move with the same focused attention to detail and a promise of optimal client satisfaction. With glowing testimonials confirming the excellence of their services, you cannot go wrong entrusting your possessions to We Move SF, and as an added bonus, their store hours accommodate your busy schedule – all you have to do is give them a call or submit their online contact form to receive your free quote and start planning your move today.

Pure Moving, a top-notch moving company based in Los Angeles, has been providing exceptional moving services for over six years, thanks to their dedicated team and happy customers that have contributed to their success. Offering a vast array of services such as residential, commercial, long-distance, and apartment moving, you can rely on their expertise to get you from point A to point B, whether it’s around the block or across the country. Store booking hours are available through their main line, ensuring that you can get in touch with them when you need assistance most. A cornerstone of their commitment to customer satisfaction is their transparent and all-inclusive pricing model, where you’ll never be caught off guard by hidden fees or surprise charges on moving day. The last thing you need when planning a move is unnecessary stress—so trust Pure Moving to make your relocation a seamless, worry-free experience!

ProSmart Movers
#6 of 16 Top Moving Company
★★★★★

ProSmart, a reputable moving company with a history of happy clients, is making moves in San Francisco as smooth as a breeze. Boasting an impressive decade of experience, they provide a wide range of services including residential, office, and commercial moves, as well as storage solutions for those in need. The company, which started out in the Washington DC area, has expanded to locations in Chicago and Los Angeles, showcasing its commitment to delivering top-notch moving services nationwide. ProSmart SF delivers a user-friendly online form for potential clients to request accurate quotes, making moving arrangements easier than ever, filling the gap for a reliable and efficient moving service that listens to customers’ needs while respecting the sensitivity and security of their belongings. With shining five-star reviews on Google, HomeAdvisor, and even here at SFist, the company is known for their exceptional dedication to customer satisfaction; the skilled movers tackle any size of relocation with ease, no matter the distance, accommodating user requirements and offering both short- and long-term storage solutions ensuring belongings are kept safe and sound throughout the entire moving process.

RunRun Moving
#8 of 16 Best Moving Company
★★★★★

Run Run Moving Company, a steadfast local moving business based in San Francisco, has been easing the burdens of Bay Area customers since 1992 by providing a plethora of services including packing, piano moving, long distance relocation, and even international handling for destinations such as Hong Kong, Taiwan, and China. With a team possessing over 30 years of experience, this moving company has gained the trust of thousands of families and businesses as they masterfully maneuver pianos upstairs and downstairs, and carefully transport treasured items all while speaking English, Cantonese, and Mandarin, making them quite the polyglot professionals. Operating seven days a week, Run Run Moving Company ensures convenience for those in need of their services, and they guarantee a customized plan tailored to suit each individual’s requirements as well as offering free estimates, wardrobe boxes, and moving pads and wraps, making the whole process a smooth and hassle-free experience for all involved.

Nestled in San Francisco, Shannon Moving & Storage is a reputable and highly rated full-service moving and storage company with an impressive 20+ years of experience in the Bay Area. This Irish-owned company, which prides itself on being owner-operated, offers an array of services to cater to your moving needs, such as residential moves, office moves, home staging, piano moves, and eco-friendly packing services. The well-maintained fleet of vehicles, each named after notable women in history, is equipped with GPS tracking, making it easy for clients to monitor their belongings’ whereabouts during the move. Further elevating their reputation for reliability, the company offers clean and secure storage facilities at some of the most competitive rates in San Francisco. With an unwavering commitment to professionalism, customer satisfaction, and attention to detail, Shannon Moving & Storage is your go-to solution for a stress-free moving experience in the Bay Area. The company’s storage facility, located at 1569 Custer Avenue, offers convenient office hours, Monday through Friday from 8:00am to 6:00pm and Saturdays from 9:00am to 4:00pm, while access hours are Monday through Friday from 9:00am to 5:00pm, and Saturdays from 9:00am to 3:30pm. Discover the difference Shannon Moving & Storage can make in your next move.

Winter Moving
#10 of 16 Leading Moving Companies San Francisco
★★★★★

When it comes to making a move in San Francisco or the surrounding Bay Area, Winter Moving & Storage stands out as a top-rated company with a reputation for providing seamless and cost-effective services. With over a decade of experience, Winter Moving offers a comprehensive range of services that include residential and commercial moving, packing, and both short and long-term storage solutions. Their highly trained and efficient team takes great pride in ensuring a smooth relocation process from start to finish, catering to clients with various moving needs – from small-scale moves to full-blown house relocations. Customers can expect timely, professional service and exceptional customer care that exceeds expectations, as evidenced by numerous glowing reviews and testimonials on Yelp. No matter the size or complexity of the move, Winter Moving & Storage’s commitment to customer satisfaction and their impressive track record make them the go-to choice for any relocation needs in San Francisco and beyond.

Impel Moving
#11 of 16 Top-Notch San Francisco Movers
★★★★★

Impel Moving Services has earned a robust reputation as an experienced, professional, and trustful company. Operating Monday through Sunday from 9:00 am to 7:00 pm, Impel’s top-notch team provides a range of essential services such as residential and local moves, commercial and office relocations, box delivery, and helpful loading and unloading options while maintaining an ongoing commitment to treating your possessions and time with the utmost respect; the dedication of the Impel team comes through in each step of the moving process. Despite their affordable and flexible moving packages – including various cash and credit card options – Impel does not compromise on quality, reflecting in their glowing customer testimonials and 5-star ratings across Yelp, Google, and other review platforms; so when it comes to finding a reliable moving company to trust with your valuable belongings in this fast-moving city, one must look no further than Impel Moving Services.

Commander Moving
#12 of 16 Best SF Moving Companies
★★★★☆

Commander Moving, a top-notch San Francisco moving company, strives to provide excellence in relocation services with a focus on customer satisfaction. Their residential moving expertise and commercial relocation know-how make them an ideal choice for those in need of a seamless moving experience. Along with their moving services, Commander Moving offers storage solutions that cater to both long and short-term needs – all at reasonable pricing and with climate control. Featured on Starz’s hit TV series and the movie Blindspotting, Commander Moving is available at your service by calling or via email. Fun fact: they even have a knack for making moving enjoyable as attested by their many happy customers who appreciate the professional vehicles, drivers, and exceptional customer service provided by this widely recognized moving company. Don’t hesitate to give them a call for a free consultation, and allow them to turn your moving task into a breeze.

680 Movers
#13 of 16 Top Moving Companies San Francisco
★★★★☆

When it comes to seeking a reliable and efficient moving company in San Francisco, 680 Movers should undoubtedly be at the top of the list; established in 2006, they offer a range of top-notch services that cater to customers searching for a seamless moving experience, with offerings that include residential, apartment, commercial, and long-distance moving, as well as specialized services such as piano moving, packing, and storage solutions. Placing a strong emphasis on punctuality, transparency, and professionalism, 680 Movers boasts a team of trained and experienced movers who are always on time and ready to handle the unique challenges of each relocation with finesse; moreover, their storage facilities are temperature controlled, clean, and come with 24-hour surveillance, ensuring that all belongings are in the best hands possible. Operating seven days a week from 8 am to 8 pm, this moving company ensures customer satisfaction by addressing their movers near me needs with just one phone call, demonstrating their unwavering commitment to excellence in action.

Careful Movers
#14 of 16 Leading San Francisco Movers
★★★★☆

Seeking a smooth and stress-free moving experience in the San Francisco Bay Area? Look no further than Careful Movers, a local full-service company specializing in both household and commercial moving services tailored to fit their customers’ unique needs. With professional moving crews equipped with the most efficient equipment, 9am-5pm, Monday-Friday hours of operation, and a range of services that includes packing, unpacking, storage, and junk removal, finding a more comprehensive solution for making a local or long-distance move seamless would be a challenge. Offering exemplary customer service, hands-on management, clean trucks, and flexible storage solutions, they are a one-stop-shop for any moving need; the team at Careful Movers aims to transform what could be an overwhelming and daunting task into an exciting journey, punctuated by the satisfaction of knowing that each precious belonging is in capable and careful hands.

Golden Bay Movers
#15 of 16 Top-Notch Moving Company
★★★★☆

Golden Bay Movers, a highly regarded San Francisco-based local moving company, has been providing top-notch moving and storage services since 1992, catering to residential and commercial customers across the Bay Area. Golden Bay has proven itself to be a reliable and efficient choice for those looking to move. Operating between the hours of 7:30 am and 8:00 pm, these professional movers not only offer local, commercial, and residential moving services, but also storage solutions for short-term and long-term needs, packing services, loading and unloading of rental trucks, and even labor services for those who already rented a truck but need help with the heavy lifting – all this without including cliched phrases or mentioning hidden gems. So, if you’re searching for exceptional moving services and ultimately want a stress-free moving experience, look no further than Golden Bay Movers, experts who can handle all aspects of relocation and storage with incredible speed, efficiency, and professionalism, sure to please even the most discerning customer.

Everlasting Moving
#16 of 16 Best Moving Companies San Francisco
★★★★☆

If you’re searching for top-notch moving services in the Bay Area, look no further than Everlasting Moving, a highly-regarded moving company offering an array of services – from local residential moving and commercial moving to long distance moving and storage services – catering to a wide spectrum of clients’ requirements. With a dedicated and experienced team that aims to make your move easy and fun, Everlasting Moving ensures your belongings are packed with care, transported efficiently, and arrive at your destination on time; moreover, their competitive pricing demonstrates their commitment to customer care and satisfaction. Conveniently available on a 24/7 basis (by appointment only), they operate across various locations including Fremont, Palo Alto, Santa Clara, Mountain View, Redwood City, Union City, Menlo Park, Milpitas, San Jose, and Cupertino, proving their widespread presence in the region. For a moving experience that combines professionalism, reliability, and affordability, many San Franciscans have come to trust Everlasting Moving as their go-to choice for an effortless relocation.

WHY THIS LIST IS FREE TO READ

The above list includes Moving Companies Services that SFist believes actively provides superior services. In some cases, they are among the most successful teams in the region. In some cases, variable, sponsorship listing fees or commissions effect the ranking position of the teams, but they are still known to have a history of providing great products or services. To learn more about SFist’s classifieds listings read more here.

SFist / Best of San Francisco / 16 Best Moving Companies Services

The post Hire Movers from SF’s 16 Best Moving Companies (2023) appeared first on California Vanlines.

Markets finished Wednesday in the red as investors digested hawkish commentary from Federal Reserve Chairman Jerome Powell before the House Financial Services Committee. 

Patterson

(PDCO) reported earnings and revenue that beat Wall Street estimates. Shares of the supplier of veterinary and dental supplies jumped 15%.

Dollar Tree

(DLTR) rose 4.6% and was the leading gainer in the

S&P 500.

The company said it expects to achieve earnings of $10 a share in fiscal 2026. That is above analysts’ estimates of $8.51 a share, according to FactSet.

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Exact Sciences

(EXAS) was down 4.8% after the company said at its investor day it expects 2023 revenue of $2.4 billion, below Wall Street estimates of $2.42 billion. The stock rose earlier in the session after the cancer screening and diagnosis company released positive results from a study of its at-home screening test, Cologuard.

Tesla

(TSLA) declined 5.5% to $259.46 after analysts at Barclays downgraded the electric-vehicle maker to Equal Weight from Overweight but raised their price target to $260 from $220.

Separately, CEO Elon Musk met with India’s prime minister, Narenda Modi, on Tuesday and said he was confident the electric-vehicle maker “will be in India and will do so as soon as humanly possible.” Musk said Modi was pushing

Tesla

to make “significant investments in India,” and that is “something we intend to do.”

Intel

(INTC) declined 6% during the semiconductor company’s Foundry Event. The company said it would be focusing on making its foundry business more competitive. Fellow chip maker

Advanced Micro Devices

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(AMD) declined 5.7%.

Winnebago Industries (WGO), the recreational-vehicle maker, fell 1.3% after reporting a decline of 38% in fiscal third-quarter sales.

La-Z-Boy

(LZB), the furniture maker, said it expects fiscal first-quarter sales of $470 million to $490 million, down from $604.1 million a year earlier and below analysts’ expectations of about $522 million. Shares fell 0.9%.

FedEx

(FDX) fell 2.5% after the shipping giant reported fiscal fourth-quarter earnings that beat analysts’ estimates but issued guidance that disappointed. The company said it expects earnings for the current fiscal year of between $16.50 and $18.50 a share, up from nearly $15 a share in fiscal 2023. Wall Street had been expecting about $18.30 a share. FedEx also said it sees sales growing “flat to low-single-digit-percent” in fiscal 2024.

Shares of competitor

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United Parcel Service

(UPS) were down 2%.

Amazon.com

(AMZN) was down 0.8% to $124.83. The Federal Trade Commission is suing Amazon for allegedly attempting to enroll consumers in Amazon Prime without their consent, and making it too hard to cancel subscriptions.

Ahead of the FTC suit, analysts at Jefferies raised their price target on Amazon to $150 from $135, saying they see the company as a “core beneficiary” from the rise of artificial intelligence as “AWS benefits from increased usage to train and run AI models.”

Write to Joe Woelfel at joseph.woelfel@barrons.com and Angela Palumbo at angela.palumbo@dowjones.com

The post Peloton, Tesla, Intel, Winnebago, Dollar Tree, and More Stock Market Movers appeared first on California Vanlines.

Apple

(ticker: AAPL) reported fiscal third-quarter earnings that topped analysts’ expectations while revenue of $81.8 billion matched consensus but fell from nearly $83 billion a year earlier. Apple’s iPhone business recorded revenue of $39.7 billion, down from $40.7 billion a year earlier and below analysts’ forecasts. Chief Financial Officer Luca Maestri said he expects revenue in the current fiscal fourth quarter ending in September to be similar to the 1% decline in the three months ended in June, which would be slightly worse than Wall Street expectations. Apple shares fell 2.5% in premarket trading.

Second-quarter earnings and sales from

Amazon.com

(AMZN) were better than expected and guidance for the third quarter topped Wall Street estimates. In the second quarter, Amazon posted revenue of $134.4 billion, up from $121.2 billion in the year-earlier quarter. Earnings were 65 cents a share, a rebound from a year-earlier loss of 20 cents. The company’s Amazon Web Services business had better-than-expected growth in the second quarter. AWS sales were $22.1 billion, up 12% from a year earlier, and above Wall Street estimates. The stock jumped 8.9% in premarket trading.

DigitalOcean Holdings

(DOCN) shed 21% after the cloud company reduced its full-year guidance, while also announcing a restatement of certain previously reported results to correct some accounting errors.

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Atlassian

(TEAM) soared 20% after the provider of software development and project management tools issued a forecast for fiscal first-quarter sales that was above analysts’ expectations.

Atlassian

anticipates first-quarter sales of $950 million to $970 million, higher than forecasts of $954 million. 

Fortinet

(FTNT) reported adjusted earnings that topped forecasts but the stock slumped 17% after billings of $1.54 billion missed expectations and the cybersecurity company said it saw an “unusually large volume of deals” pushed out beyond the second quarter. Fellow cybersecurity company

Palo Alto Networks

(PANW) tumbled 6%.

Booking Holdings

(BKNG) reported earnings that beat analysts’ estimates and forecast a record summer travel season. Adjusted earnings were $37.62 a share, higher than Wall Street estimates of $28.98. Sales of $5.46 billion topped estimates of $5.17 billion. Shares of Booking, which owns travel services sites like Booking.com, Priceline, Agoda, Kayak, Rentalcars.com, and OpenTable stock, was rising 12% in premarket trading.

DraftKings

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(DKNG) rallied 12% after the online sports-betting app reported a surprise adjusted profit in the second quarter and boosted its full-year sales forecast.

Opendoor Technologies

(OPEN) declined 11% and

Redfin

(RDFN) was down 11% after the real estate companies issued revenue guidance well below Wall Street expectations.

Cloudflare

(NET) gained 8.8% to $70.76 in premarket trading after the internet infrastructure company posted better-than-expected second-quarter adjusted earnings and guidance that was slightly above forecasts. Analysts at TD Cowen and Mizuho raised their price targets on the stock.

Yelp

(YELP) rose 7.8% after the local recommendation site posted better-than-expected second-quarter results and boosted its outlook for the full year on strong local advertising demand from home service providers.

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Block

(SQ) was falling 5.3%. The payments company raised its guidance for the year but the stock declined after indicating that gross profit growth slowed to 21% in July.

Write to Joe Woelfel at joseph.woelfel@barrons.com 

The post Apple, Amazon, Atlassian, Fortinet, Booking, and More Market Movers appeared first on California Vanlines.

Kohl’s (ticker: KSS) traded 7.6% higher after the department store retailer reported surprise earnings in the fiscal first quarter.

Abercrombie & Fitch (ANF) rose 31% after posting a surprise first-quarter profit and raising guidance.

Urban Outfitters (URBN) gained 18% after the retailer reported better-than-expected earnings and sales for the fiscal first quarter.

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Petco Health (WOOF) tumbled 18% after the pet food seller issued a weak guidance for the fiscal year.

XPeng (XPEV) American Depositary Receipts fell 5.1% after the Chinese electric vehicle maker reported a better-than-expected first-quarter loss and a 46% year-over-year drop in revenue.

Sarepta Therapeutics (SRPT) shed 11% after the biotech announced that the Food and Drug Administration had delayed its decision date on its gene therapy.

analog devices

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(ADI) fell 7.8% after the semiconductor company issued disappointing forecasts for the fiscal third quarter. It was the worst-performing company on the S&P 500.

Palo Alto Networks (PANW) reported adjusted earnings for the fiscal third quarter that beat analysts’ estimates, and the cybersecurity company raised its guidance for earnings, sales and billings for the fiscal year. The stock rose 7.7%.

Agilent Technologies (A), the maker of laboratory instruments, lowered its outlook for the fiscal year and said in a conference call that customers had become more conservative on “CapEx budgets and spending decisions.” The stock fell 5.9%.

Intuit (INTU), the company that owns TurboTax, reported third-quarter revenue that rose year over year but missed Wall Street forecasts. The company raised its earnings and revenue outlook for the fiscal year, but its fourth-quarter earnings estimate disappointed. The stock fell 7.5%.

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Moderna (MRNA) slipped 4.5%. The reading rose 8.7% on Tuesday due to rising Covid-19 infections in China.

Target (TGT) shed 2.8% after the retailer said it was discontinuing certain products and making other changes to its LGBTQ products after being rejected by customers.

Write to Joe Woelfel at joseph.woelfel@barrons.com

The post Kohl’s, Abercrombie, Urban Outfitters, Sarepta, Analog Devices, and More Market Movers appeared first on California Vanlines.

The new partnership demonstrates the variety of solutions offered by this leading California moving and installation company

The Mod Movers team is pleased to announce an official partnership with Palisociety, a leading real estate development and management company focused on delivering the highest level of guest satisfaction through world-class hotels.

Mod Movers is a women-owned and family-owned California moving company with offices in Monterey and Gilroy, serving Salinas, Seaside, Carmel, Marina, Pacific Grove, Pebble Beach, Holister, the Bay Area, Santa Clara, Sereno, Cupertino and Santa Cruz, Palo Alto and more. Mod Movers is a one stop shop! From residential and commercial moves to installation and full-service packing and storage services, we offer everything.

ENTER TO WIN $500 IN STOCKS OR CRYPT

Enter your email address and you’ll also receive the ultimate morning update from Benzinga AND a free gift card worth $30+!

Mod Movers have worked with Palisociety to install all of the furniture at two new hotels: The Hideaway and The Getaway. The Mod Movers team has received furniture for the two hotels in Carmel, California over the past six months. More than 3000 packages have been received at Mod Movers warehouse and Mod Movers team has taken care of all receiving and checking of received items as well as pre-assembly of all needed parts. Mod Movers expects to complete this project in three weeks or less.

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Mod Movers will ship all of these items to their respective new homes at The Hideaway and The Getaway. All pieces are put into place and this will ultimately add the finishing touch to any room and space.

The success of this project depends on the Mod Movers’ dedication to perfection. As a moving, storage and installation company, Mod Movers places great importance on achieving the best possible results on every single project. In fact, all the services offered by Mod Movers are backed by a satisfaction guarantee. “If something goes wrong, we guarantee we’ll make it right,” said Marlene Corpus, owner of Mod Movers.

The installation component makes moving easier than ever. As part of this service, customers can expect to receive everything from making beds to installing mirrors and artwork. “Whether it’s disassembling and reassembling furniture or preparing sensitive artwork for transport, you can count on Mod Movers to get the job done with unparalleled efficiency,” said Corpus.

With extensive reception and installation experience, Mod Movers encourages small design companies and large hotel chains to turn to their team for their hotel refurbishment and remodeling needs.

“Life is complicated – we make your move and installation easy,” said the Mod Movers team. This commitment to perfection is reflected in every step of this California moving company. Mod Movers is excited to be working with Palisociety to support the opening of their two brand new hotels in Carmel, California and the company wants people and business owners across California to know that this level of excellence and professionalism is available by Book now at https ://mod-movers.com/.

ABOUT MOD MOVER

Mod Movers is California’s premier moving company and proudly offers a wide range of residential and commercial moving solutions statewide and nationwide with offices in Monterey and Gilroy. As a professional moving service provider, Mod Movers strives to add a touch of excellence to every single project they come across. With solutions for private and commercial needs, the Mod Movers team is prepared for large and small orders. This includes moving services for private and business customers as well as installation services for commercial projects, hotels, model homes and design companies.

media contact
Company Name: Mod Movers
Interlocutor: Marlene Corpus, Founder and CEO
E-mail: Send e-mail
Phone: 831-480-0381
City: Monterey
Condition: California
Country: United States
Website: https://mod-movers.com/

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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US stocks closed lower on Monday

S&P 500

I’ve enjoyed the best week since the end March.

Tesla (TSLA) is up 1.7% to $217.61. The electric vehicle maker received a price target increase from $175 to $215 from analysts at Citi.

Palantir Technologies (PLTR) was 5% increase on news of multi-year contract with US Special Operations Command. C3.ai (AI) up 9.5%. AI-related companies remained in focus after a recent surge.

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Palo Alto Networks (PANW) stock rose 4.4% after it was announced that the company would join the S&P 500 as part of the index’s quarterly rebalancing on June 20. The cybersecurity firm will take the place of Dish Network (DISH), S&P Dow Jones Indices announced late Friday. Shares of the television service provider fell 2.7%.

EPAM Systems (EPAM) tumbled 22% after the software design company cut its earnings guidance.

Dollar General (DG) lost 4.4%. Morgan Stanley analysts downgraded the retailer to equal weight from overweight.

Estee Lauder

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(EL) slipped 3.8%. Oppenheimer analysts downgraded their rating of the makeup company to perform from outperform.

Ford (F) won 1.6%. Analysts at Citi have upgraded the automaker’s stock to buy from neutral.

Oil stocks were mixed after Saudi Arabia pledged in July to cut oil production by another million barrels a day, while the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to extend their current oil production target to 2024. Chevron (CVX) lost 0.5%, Exxon Mobil (XOM) was down 0.4%Ovintiv (OVV) gained 1.2%, Kosmos Energy (KOS) lost 1.5% and ConocoPhillips (COP) lost 0.3%.

Write to Callum Keown at callum.keown@barrons.com

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JLL turns to former Stanford-Quarterford Todd Husak to apply the success he’s had in the field to his new position as senior managing director in the brokerage firm’s Silicon Valley office. The real estate veteran comes to JLL with a specialization in agency leasing and tenant representation.

In a statement, Husak said he was thrilled to join JLL “as new activity has returned to the Silicon Valley and Peninsula areas.”

Husak was the quarterback for the Stanford football team from 1996 to 2000 and led the Cardinal to the Pac-10 Conference title during the 1999 season and to the team’s first Rose Bowl since 1972. After college, Husak was picked up in the sixth round of the NFL Drafted in 2000 and played professionally for five years.

After retiring from professional football, he spent a year and a half as an assistant coach with the Cardinals before joining CBRE’s Palo Alto office, where he worked for more than 16 years and rose to the rank of general manager.

Husak’s responsibilities at JLL include working with the current agency team to increase market share, maximize the value of his clients’ assets in the region, and continue to expand JLL’s reach in the Bay Area.

➤Cushman & Wakefield has created a new role for Ron Chislom, who will serve as the company’s first North American Senior Vice President of Life Sciences Client Services. Chisholm will be based in San Francisco and will oversee a C&W Services portfolio of life science properties across North America with a focus on providing strategic insights. He will work closely with Cushman & Wakefield’s Life Science Advisory Board to work on global growth opportunities.

“Life sciences is clearly a very important area of ​​growth for the company,” said Swinburne, the company’s COO, who described the reorganization as “CWS’ first consolidated end-to-end industry.”

Prior to joining Cushman & Wakefield, Chislom served as Executive Vice President at JLL for nearly three years, where he served as Global Life Sciences Account Executive. Prior to his career in commercial real estate, he worked at Roche/Genentech for 14 years.

➤Cushman & Wakefield also joins Mark Anderson as vice chairman in the San Francisco office. Anderson previously worked at Cushman & Wakefield for nearly 20 years before spending two years at Avison Young.

Anderson will focus on representing landlords and tenants in multiple markets. In his previous job at the brokerage firm, he had also been promoted to vice chairman.

➤Jeff Smith, President of Sack Properties, and David Feinberg, Chief Investment Officer, have been appointed to manage the company under a new name called Sack Capital Partners.

“Smith and Feinberg each have more than 25 years of multifamily experience and have invested more than $2.5 billion in multifamily transactions totaling more than 10,000 units,” said Kirby Sack, owner of Sack since 2007.

Smith joined what was then known as Sack Properties in 2001. He became boss

In 2007 he was appointed Treasurer and in 2017 he was appointed President. Feinberg joined the company in 2017

became chief investment officer in 2020.

➤Alta Housing, a community-based affordable housing organization, has hired Stephanie Shipe as Vice President of Property Management. Shipe has over 25 years of experience managing affordable housing, most recently serving as director of portfolio management for the City of Alameda Housing Department.

“She is committed to Alta’s resident retention policy and works with residents and resident services to ensure residents are able to remain in their homes,” CEO Randy Tsuda said in a statement.

In her new position, Shipe will manage more than 1,000 units and a team of 35 professionals.

Continue reading

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Stocks fell on Tuesday after disappointing forecasts from retail giants Home Depot and Walmart and fears the Federal Reserve could keep interest rates higher for longer.

Home Depot (ticker: HD) reported earnings of $3.30 per share for the fourth quarter, beating analyst estimates by 2 cents. Revenue rose 0.3% to $35.8 billion in the quarter but missed guidance. Home Depot expects fiscal 2023 sales to be flat compared to fiscal 2022. The stock fell 7.1%.

Home Depot’s competitor Lowe’s (LOW) fell 5.1%. The company is expected to report results on March 1st.

Walmart (WMT) shares gained 0.6% after the world’s largest retailer reported adjusted fourth-quarter earnings that beat analysts’ estimates and released fiscal 2024 earnings guidance that came in below expectations .

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Nordson (NDSN) was the leading loser on the S&P 500 on Tuesday. The stock fell 14% after the company’s first-quarter earnings and sales missed analyst estimates.

Dillard’s (DDS) is down 17% even after the department store chain reported a 5% year-over-year increase in total retail sales.

DocuSign (DOCU) fell 7.6% after shares of the e-signature company were downgraded to Sell from Neutral by UBS analysts.

Vir biotechnology

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(VIR) rose 4.9% after the stock was upgraded from Neutral to Buy by analysts at Goldman Sachs.

Generac (GNRC) is down 8.7%. The stock was downgraded to Hold from Buy at Truist
,

and Janney Montgomery downgraded to neutral from buy after a sharp rise in the share price.

AutoNation (AN) fell 8.9% after JP Morgan downgraded the stock to underweight from neutral. The stock rose more than 11% on Friday after the autoseller reported fourth-quarter earnings that beat analysts’ expectations.

General Mills (GIS) rose 4.4% after the owner of Betty Crocker and Nature Valley said it expects adjusted earnings per share growth of 7% to 8% in constant currencies.

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Molson Coors Beverage (TAP) rose 3.1% after the brewery posted fourth-quarter earnings per share that beat expectations.

Companies reporting results after Tuesday’s closing bell include Coinbase (COIN), Palo Alto Networks (PANW), Toll Brothers (TOL) and Caesars Entertainment (CZR).

Write to Joe Woelfel at joseph.woelfel@barrons.com

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