Company News for Aug 16, 2023

HD SE ESLT ONON

  • The Home Depot Inc.’s (HD) shares rose 0.7% after the company posted second-quarter fiscal 2023 adjusted earnings per share of $4.65, beating the Zacks Consensus Estimate of $4.46.  
  • Elbit Systems Ltd.’s (ESLT) shares fell 0.8% after the company reported second-quarter 2023 adjusted earnings per share of $1.57, missing the Zacks Consensus Estimate of $1.65.
  • Shares of Sea Limited (SE) plunged 28.7% after reporting second-quarter 2023 revenue of $3.423 billion, lagging the Zacks Consensus Estimate by 12.1%.  
  • Shares of On Holding AG (ONON) plummeted 18% after posting second-quarter 2023 adjusted earnings per share of $0.04, well short of the Zacks Consensus Estimate of $0.13.

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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