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Big Lots (BIG) – Shares of the discount retailer dropped 6.78% despite reporting a better-than-expected quarter. Big Lots earned $2.62 per share, beating analyst estimates of $1.69 a share. Revenue of $1.63 billion also beat estimates. Comparable-store sales rose 11.3%,
Salesforce Shares of the cloud company popped more than 6% in midday trading after beating on the top and bottom lines of its quarterly earnings. Salesforce earned $1.21 per share on revenue of $5.96 billion. Analysts expected earnings of 88 cents per share on revenue of $5.89, according to Refinitiv. Salesforce also raised its full year outlook.
Ulta Beauty Shares of the beauty store chain gained 5.6% midday after reaching a new 52 week high of $351.72 Friday morning. Ulta posted blowout first-quarter financial results after the bell Thursday, reporting earnings of $4.07 per share, more than twice analysts estimate of $1.95 per share, according to Refinitiv. The company s quarterly revenue also beat the St
KEY POINTS Bitcoin was trading at $35,904 around 6 a.m. ET on Friday and has fallen over 7% in the last 24 hours, according to data from Coin Metrics. It briefly climbed back above $40,000 on Wednesday before losing some of those gains. Elsewhere, ethereum’s price has fallen around 10% in the last 24 hours to $2,473