Company News for May 8, 2024

  • Apple Inc. (AAPL) shares rose 0.4% following the introduction of its latest chip, the M4.
  • Datadog, Inc. (DDOG) shares plunged 11.5% after following the announcement that Amit Agarwal would be stepping down as president by the end of 2024.
  • Shares of The Walt Disney Company (DIS) plummeted 9.5% after the company reported second-quarter fiscal 2024 revenues of $22.08 billion, missing the Zacks Consensus Estimate by 0.23%.
  • Tesla, Inc. (TSLA)) shares fell 3.8% as data revealed a decline in sales of China-made electric vehicles by 18% from the previous year.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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