Benzinga · Apr 28, 2023
US Stocks Mixed; Amazon Posts Upbeat Results
U.S. stocks traded mixed this morning, following the release of several earnings reports. Following the market opening Friday, the Dow traded up 0.11% to 33,863.22 while the NASDAQ fell 0.25% to 12,112.30. The S&P 500, also rose, gaining, 0.07% to 4,138.07. Check This Out: Roblox And 3 Other Stocks Insiders Are Selling Leading and Lagging Sectors Industrials shares rose by 0.6% on Friday. Meanwhile, top gainers in the sector included Saia, Inc. (NASDAQ: SAIA), up 11%, and Twin Disc, Incorporated (NASDAQ: TWIN), up 11%. In trading on Friday, consumer discretionary shares fell by 1.1%. Top Headline Amazon.com, Inc. (NASDAQ: AMZN) reported better-than-expected results for its first quarter. Amazon reported first-quarter revenue of $127.4 billion, up 9% year-over-year. The revenue total came in ahead of a Street consensus estimate of $124.53 billion. The company reported earnings per share of 35 cents in the first quarter, beating a Street estimate of 21 cents. Equities Trading UP TOP Financial Group Limited (NASDAQ: TOP) shares shot up 175% to $55.00 after jumping around 198% on Thursday. Traders are circulating an article on China's Sina dated April 25th titled "Zhongyang Financial Group's Additional Issuance Was Approved By The U.S. SEC." Shares of Top KingWin Ltd (NASDAQ: TCJH) got a boost, shooting 52% to $7.28 after jumping over 22% on Thursday. Univest Securities, LLC recently reported the closing of an initial public offering of 2,750,000 Class A ordinary shares at a price of $4.00 per Class A ordinary share for its client Top KingWin Ltd. U Power Limited ...
