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Choice Equity Starts Park Medi World at Buy with INR320 Price Target

BOM:544645NSE:PARKHOSPS

Yes Research Downgrades Ceat to Neutral from Buy; Price Target is INR3,929

Ceat (BOM:500878, NSE:CEATLTD) as an average rating of hold and mean price target of 3,834.47 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:500878NSE:CEATLTD

Choice Equity Broking Downgrades Granules India to Add from Buy; Price Target is INR835

BOM:532482NSE:GRANULES

Hang SengNikkei 225Shanghai Composite

Earnings Flash (TRP) TTC Energy Approves US$1.5B Columbia Gas Expansion Project, Extending Reach Into High-demand Market

$TRP

International55d ago

Earnings, Wall Street Cues Lift Asian Stock Markets in Thin Holiday Trading

Asian stock markets gained on Friday in holiday-thinned trading, as traders weighed earnings reports against the backdrop of the Strait of Hormuz closure.Tokyo finished in the green, while Hong Kong and Shanghai were closed on holiday.Other exchanges in Bangkok, Mumbai, Seoul, Singapore, and Taiwan were also shuttered for May Day.In Japan, the Nikkei 225 opened evenly and edged higher, finishing up 0.4% as traders weighed overnight record-high closes on Wall Street and a generally good earnings season.The benchmark Nikkei 225 rose 228.20 to 59,513.12, although losing issues outnumbered gainers 121 to 102.Leading the upside was plumbing fixtures maker Toto, up 18.4%, while electronics component company Alps Alpine declined 15%, with both moves following earnings reports.In economic news, Tokyo's consumer price index-core (CPI-core), which strips out fresh food bills, rose 1.5% on year in April, the slowest pace in four years and below the central bank's 2% target for a third straight month.On other regional exchanges, the Australian ASX 200 inclined 0.7%.

TC Energy Comparable Earnings of $1.0B or $0.99 Per Common Share

$TRP.TO

TC Energy Reaffirming 2026 Outlook

$TRP.TO

TC Energy Q1 Net Income Attributable to Common Shares of $0.9B or $0.86 Per Common Share

$TRP.TO

Chevron Q1 Adjusted Earnings Fall, Revenue Rises

Chevron (CVX) reported Q1 adjusted earnings Friday of $1.41 per diluted share, down from $2.18 a year earlier.Analysts polled by FactSet expected $0.97.Revenue and other income for the quarter ended March 31 was $48.61 billion, compared with $47.61 billion a year earlier.Analysts surveyed by FactSet expected $51.86 billion.The company's shares were up 1.4% in premarket activity.

$CVX

Earnings Flash (SPN.V) Snipp Interactive Reported Q4 Revenue US$5.0M

$SPN.V

Earnings Flash (FHR.V) Fiddlehead Resources Reports Q4 Basic and Diluted Per Share Loss $0.04, Same As Year Earlier

$FHR.V

US Markets55d ago

Reddit Issues Upbeat Revenue Outlook as First-Quarter Results Top Street Views

Reddit (RDDT) shares jumped early Friday as the social media platform provided an upbeat revenue outlook at the midpoint for the second quarter on the back of stronger-than-expected results in the previous three-month period.The company anticipates revenue to come in between $715 million and $725 million for the current quarter, it said late Thursday. The guidance range's midpoint of $720 million is ahead of the current consensus on FactSet of $717 million. The stock climbed 14% in the most recent premarket activity."Our (second-quarter) revenue guide considers the strong growth and momentum in the business as we exited (the first quarter)," Chief Financial Officer Drew Vollero said during an earnings call, according to a FactSet transcript. The outlook also "takes into account the lapping of a particularly strong growth period" in the prior-year quarter, according to Vollero.For the quarter ended March 31, Reddit's net income soared to $1.01 per share from $0.13 the year before, topping the Street's view for $0.57. Revenue surged 69% to $663.4 million, exceeding the average analyst estimate of $607.7 million."Revenue growth in (the first quarter) was driven by a combination of both impressions and pricing growth, reflecting the scale of our platform and our investments in the ad stack," Chief Operating Officer Jennifer Wong said on the call. "We saw strength across most of our top verticals, particularly retail, (consumer packaged goods), tech and media and entertainment, while the number of active advertisers on the platform grew more than 75% year-over-year."Ad revenue climbed 74% to $625 million amid strong advertising demand across the funnel, Vollero said. Revenue jumped 67% and 76% in the US and international segments, respectively.The company posted global daily active unique users of 126.8 million in the March quarter, up from 108.1 million a year ago. The Street's forecast was for 125.9 million. Daily active unique users inclined 7% to 53.5 million in the US, while international users rose 26% to 73.3 million.Worldwide average revenue per unique user climbed 44% to $5.23."We're focused on growing our daily user base in the US to a size closer to that of the largest platforms," Chief Executive Steve Huffman told analysts on the call. "Our goal is to reach 100 million daily US users, and we're actively executing a strategy to get us there."

$RDDT

Flowco Raises Quarterly Dividend to $0.09 a Share From $0.08, Payable May 27 to Stockholders of Record as of May 15

$FLOC

Magna Up Near 0.2% In US Premarket On Q1 Beat, Even With Pared Back FY Sales Forecast

Magna International (MGA), a global automotive supplier, reported Q1 adjusted earnings Friday of US$1.38 per share, up from $0.78 a year earlier. Analysts polled by FactSet expected $1.02.Sales for the quarter ended March 31 were $10.38 billion, compared with $10.07 billion a year earlier.Analysts polled by FactSet expected $10.36 billion.For 2026, the company continues to expect adjusted EPS of $6.25 to $7.25. Analysts are looking for $6.76.Magna said it now expects full-year sales between $41.5 billion and $43.1 billion, compared with its prior outlook range of $41.9 billion to $43.5 billion. Analysts are looking for $42.65 billion.

$MG.TO

Morgan Stanley Upgrades Paramount Skydance to Overweight From Underweight, Lifts Price Target to $14 From $11

Paramount Skydance (PSKY) has an average rating of hold and mean price target of $12.38 according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$PSKY

Morgan Stanley Upgrades TKO Group Holdings to Overweight From Equalweight, Lifts Price Target to $225 From $215

TKO Group Holdings (TKO) has an average rating of overweight and mean price target of $236.67 according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$TKO

Lansdowne Oil & Gas to Acquire Graphite Project in Brazil

UK-listed oil and gas company Lansdowne Oil & Gas (LOGP.L) agreed to acquire São Gabriel Mineração, developer of the Macaubas graphite project in Brazil.The project consists of two tenements, exploration licenses 870.511/2019 and 870.512/2019, which cover 2,805 hectares of land, according to a Thursday filing. The exploration licenses will expire Aug. 30, 2027, with the potential for extension.The deal remains subject to shareholder approval at the annual general meeting on May 26.

$LOGP.L

Morgan Stanley Downgrades e.l.f. Beauty to Equalweight From Overweight, Cuts Price Target to $67 From $80

e.l.f. Beauty (ELF) has an average rating of overweight and mean price target of $92.47 according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$ELF