Company News for June 2, 2022

HPQ CRM CPRI

  • Meta Platforms, Inc.’s shares dropped 2.6% after reports of the departure of its COO, Sheryl Sandberg, emerged.
  • Shares of Capri Holdings Limited (CPRI - Free Report) rose 1.1% after reporting fourth-quarter fiscal 2022 adjusted earnings of $1.02 per share, surpassing the Zacks Consensus Estimate of $0.82 per share.
  • Salesforce, Inc.’s (CRM - Free Report) shares surged 9.9% after reporting first-quarter fiscal 2023 non-GAAP earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.93 per share.
  • Shares of HP Inc. (HPQ - Free Report) rose 3.9% after reporting second-quarter fiscal 2022 revenues of $16.5 billion, surpassing the Zacks Consensus Estimate of $16.1 billion.

Zacks Names "Single Best Pick to Double"

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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

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