About this episode

This episode discusses the stock movements of Expedia, Akami Technologies, and Monster Beverage following their earnings reports.

On this episode of Stock Movers: - Expedia (EXPE) shares tumble. Expedia left its full-year guidance unchanged. That's after the company posted quarterly revenue of $3.43 billion, up 15% from a year earlier and above the consensus estimate of $3.35 billion. The company expects healthy demand from the FIFA World Cup and forecast second-quarter revenue of $4.11 billion to $4.19 billion. - Akami Technologies (AKAM) soars after the company announced that a leading frontier AI model provider had committed to $1.8 billion over seven years for its Cloud Infrastructure Services. The company also reported its first-quarter results and gave an outlook. - Monster Beverage (MNST) shares gain after the drinks company reported first-quarter adjusted earnings per share that beat the average analyst estimate, while JPMorgan raised its price target. See omnystudio.com/listener for privacy information.

People in this episode

Host: iHeartPodcasts

Topics covered

• earnings report
• stock analysis
• business news
• financial outlook
• market trends

Keywords

• Expedia
• Akami Technologies
• Monster Beverage
• earnings
• stock market
• financial results
• FIFA World Cup
• JPMorgan

Mentioned in this episode

Organizations: Expedia, Akami Technologies, Monster Beverage, JPMorgan

Products: Cloud Infrastructure Services

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