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Company News for Jul 3, 2023

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  • Shares of Microsoft Corporation (MSFT - Free Report) rose 1.6% on the broader tech rally.
  • Shares of NIKE, Inc. (NKE - Free Report) slid 2.7% after posting fourth-quarter fiscal 2023 earnings of 66 cents per share, missing the Zacks Consensus Estimate of 67 cents.
  • Netflix, Inc.’s (NFLX - Free Report) shares advanced 2.9%, with consumer discretionaries doing well on the day.
  • Shares of SMART Global Holdings, Inc. (SGH - Free Report) jumped 8.9% after posting third-quarter fiscal 2023 revenues of $383.3 million, beating the Zacks Consensus Estimate of $375.1 million.

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computers consumer-discretionary