Take a look at the businesses making headlines in noon buying and selling: Palantir — Shares tumbled 13.4%. Palantir posted $884 million in first-quarter income , whereas analysts polled by LSEG penciled in $863 million. Nevertheless, earnings per share got here in keeping with Wall Avenue expectations at 13 cents. Ford Motor — The automaker superior 3.2% on better-than-expected first-quarter outcomes, reversing an earlier decline. Ford reported adjusted earnings of 14 cents per share on $37.42 billion in income. Analysts surveyed by LSEG anticipated earnings of two cents per share and income of $36.21 billion. Administration suspended its 2025 steering , citing “near-term dangers, particularly the potential for industrywide provide chain disruption impacting manufacturing.” Upwork — Shares of the freelance market platform popped 19% after the corporate reported a beat for each adjusted earnings and income for its first quarter. Upwork additionally lifted its full-year steering for adjusted earnings. Tesla — The electrical automobile inventory slipped 2% after information launched on Tuesday confirmed that new automobile gross sales tumbled to a two-year low within the U.Okay. and Germany. Gross sales figures respectively plummeted 62% and 46% yr over yr for the 2 international locations, though demand for electrical autos nonetheless rose for each. Hims & Hers Well being — Shares jumped 10.4% after the telehealth firm reported a top- and bottom-line beat for the primary quarter. Earnings got here in at 20 cents per share, topping a consensus forecast for 12 cents per share, per LSEG. Income of $586 million additionally beat expectations for $538 million. Hims guided for lighter-than-expected income in its second quarter. The telehealth supplier forecast income to return in between $530 million and $550 million, lacking the $564.6 million that analysts polled by FactSet had penciled in. DoorDash — Shares tumbled 6.8% after the food-delivery firm’s first-quarter income of $3.03 billion got here under the LSEG consensus of $3.09 billion. DoorDash additionally introduced a $1.2 billion acquisition of restaurant reserving platform SevenRooms, which comes after British meals supply service Deliveroo additionally agreed to a takeover provide from DoorDash. Neurocrine Biosciences — The biopharmaceutical inventory soared greater than 9% after the corporate reported better-than-expected first-quarter income. Gross sales of Ingrezza, which is used to deal with motion issues, additionally rose 8% yr over yr to $545 million. Vertex Prescription drugs — The biotech inventory plunged 13.2% on the again of weaker-than-expected quarterly outcomes. Adjusted earnings of $4.06 per share got here under the $4.32 per share LSEG estimate. Income got here in at $2.77 billion, lacking a forecast of $2.85 billion. Clorox — Shares of the cleansing merchandise producer shed 2.2% on weak fiscal third-quarter outcomes. Clorox reported adjusted earnings of $1.45 per share on income of $1.67 billion through the interval. Analysts polled by LSEG anticipated earnings of $1.57 per share on $1.73 billion in income. Lattice Semiconductor — The chip inventory fell 12.3% after first-quarter earnings and income each have been in keeping with consensus estimates. Lattice issued current-quarter ahead income steering between $118.5 million and $128.5 million, whereas analysts polled by LSEG anticipated $123.6 million. Adjusted earnings are estimated to vary between 22 cents per share and 26 cents per share, versus the 24 cents per share analysts forecast. Marriott Worldwide — The resort and resorts firm added greater than 2% after posting a top- and bottom-line beat within the first quarter. Marriott reported adjusted earnings of $2.32 per share on $6.26 billion in income. Analysts surveyed by LSEG estimated earnings of $2.25 per share on income of $6.17 billion. Constellation Power — The oil inventory rallied 11.4% on better-than-expected top-line outcomes for the primary quarter. Constellation reported $6.79 billion in income, above the $5.44 billion anticipated by analysts surveyed by FactSet. — CNBC’s Lisa Kailai Han, Michelle Fox, Alex Harring, Sean Conlon contributed reporting.
