Company News for May 22, 2023

MS DVN NFLX FL

  • Shares of Morgan Stanley (MS - Free Report) decreased 2.7% after the company’s CEO James Gorman announced that he would be stepping down from the role in the next 12 months.
  • Shares of Devon Energy Corporation (DVN - Free Report) rose 1.9% on energy prices going up.
  • Netflix, Inc.’s (NFLX - Free Report) shares slid 1.6% as consumer discretionaries became the hardest-hit sector on Friday.
  • Shares of Foot Locker, Inc. (FL - Free Report) plummeted 27.2% after reporting first-quarter 2023 adjusted earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.78.

Top 5 ChatGPT Stocks Revealed

Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”

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