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Company News for May 27, 2022

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  • NVIDIA Corp.’s (NVDA - Free Report) shares climbed 5.2% after the company reported first-quarter fiscal 2023 adjusted earnings per share of $1.36, surpassing the Zacks Consensus Estimate of $1.30.
  • Shares of Broadcom Inc. (AVGO - Free Report) surged 3.6% after reporting second-quarter fiscal 2022 adjusted earnings per share of $9.07, beating the Zacks Consensus Estimate of $8.72.
  • Medtronic plc’s (MDT - Free Report) shares plummeted 5.8% after posting fourth-quarter fiscal 2022 adjusted earnings per share of $1,52, missing the Zacks Consensus Estimate of $1.56.
  • Shares of Snowflake Inc. (SNOW - Free Report) tumbled 4.5% after the company said sales of its products will be affected in the ensuing quarter as customers are impacted by macroeconomic headwinds.

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