Constellation Brands down on earnings; Intel up on Terafab | Stock Movers
FROM THE WIRE · FINANCE.YAHOO.COM
On this episode of Stock Movers:- Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralConstellation Brands reaffirmed earnings guidance despite SpikedAde acquisition; Intel rises on Terafab; SpaceX fundraising for Nvidia chips.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Constellation Brands (STZ) lower after reaffirming comparable EPS guidance for full year and announcing SpikedAde acquisition.
- 02Intel (INTC) higher as CEO Lip-Bu Tan said company will continue working with Elon Musk on Terafab.
- 03SpaceX (SPCX) lower as Elon Musk negotiates with banks and investors to raise $40 billion for Nvidia chips.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Constellation Brands, Inc.118.08 USD+0.11%today +2.08%Negative Intel Corp.113.14 USD-0.13%today +0.57%Positive Space Exploration Technologies Corp.167.76 USD-0.78%today -2.42%Negative NVIDIA Corporation237.09 USD-0.05%today -0.90%Neutral Apollo Global Management, Inc.114.67 USD-0.60%today -1.10%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets