Investing.com -- Truist analysts lifted their rating on ServiceNow (NYSE:NOW) shares to Buy from Hold on Thursday as they expect the company to “continue to consolidate the enterprise IT stack,” taking advantage of AI and macro uncertainty to reinforce its positioning relative to peers.The company’s shares rose nearly 3% in premarket trading.The brokerage also lifted the price target on the ...
By Zaheer Kachwala (Reuters) -Roblox raised its annual bookings forecast on Thursday and beat quarterly results estimates, a sign that spending on its vast library of user-generated videogames was holding up despite economic uncertainty driven by U.S. tariffs. Shares of the company rose more than 4%. The platform has aggressively tried to lure deep-pocketed older players with new game genres incl ...
By Prakhar Srivastava (Reuters) -Intercontinental Exchange beat Wall Street estimates for first-quarter profit on Thursday, benefiting from strong trading volumes in energy and options segments. Shares of the New York Stock Exchange parent were up 1.2%. Global commodity and energy markets have experienced significant volatility due to shifting U.S. trade policies and concerns ove ...
(Reuters) -Hershey posted a smaller-than-expected drop in sales for the first quarter and beat profit estimates on Thursday, helped by steady demand for its salty snacks business in North America. Sales in Hershey’s North America snack business, home to Dot’s pretzels and SkinnyPop popcorn, got a boost as the company reduced prices after several quarters of hikes. Its quarterly organic volume ...