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☆ Stocks making the biggest moves premarket: Yelp, Sweetgreen, Novavax, Akamai Technologies and more
▼ + stars: | 2024-05-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Akamai Technologies — Shares of the cloud company fell more than 10% after issuing weak guidance for the second quarter. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. Analysts polled by FactSet called for a loss of 4 cents a share on revenue of $141.2 million. The DNA testing company posted a loss of 56 cents per share, while analysts had estimated a loss of 71 cents, per StreetAccount.

Persons: Akamai, Sweetgreen, Array's, FactSet, Bumble, StreetAccount, LSEG, Sanofi, Yelp's, Macheel, Jesse Pound, Michelle Fox Organizations: LSEG, —, Gen, Revenue, Management, Unity Software, HSBC, 3M Locations: Norton

☆ Stocks making the biggest moves midday: Novavax, Taiwan Semiconductor, Sweetgreen and more
▼ + stars: | 2024-05-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Sweetgreen — Sweetgreen popped 36% after surpassing first-quarter revenue expectations. The company also raised its full-year guidance for revenue and adjusted earnings before interest, taxes, depreciation and amortization. Array's first-quarter adjusted earnings came in at 6 cents per share on revenue of $153.4 million. Victoria's Secret — Shares rose almost 6% after the intimate apparel maker reported better-than-expected preliminary first-quarter results and reaffirmed its guidance. Mettler-Toledo posted first-quarter adjusted earnings of $8.89 per share on revenue of $925.9 million.

Persons: Sanofi, Sweetgreen, LSEG, Array's, FactSet, Natera, Insulet, JFrog, Yun Li, Michelle Fox, Brian Evans, Hakyung Kim, Darla Mercado Organizations: French, Taiwan Semiconductor Manufacturing, Unity Software, LSEG, Technologies, Akamai Technologies, Revenue, —, Norton, Citi, Toledo —, Mettler Locations: Toledo

☆ Stocks making the biggest moves after hours: Yelp, Sweetgreen, Akamai Technologies and more
▼ + stars: | 2024-05-09 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The company reported first-quarter earnings of 20 cents a share, surpassing analysts' estimates of 6 cents a share, per LSEG. Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Insulet — The medical device company fell 5% even after Insulet posted first-quarter earnings and revenue that topped expectations. Insulet posted earnings of 73 cents per share, greater than the FactSet consensus estimate of 40 cents earnings per share.

Persons: Sweetgreen, Akamai, LSEG, Array's, FactSet, Dropbox, Insulet, Darla Mercado Organizations: Revenue, Akamai Technologies, Unity Software, LSEG, Gen, Norton

Identity protection and cybersecurity service Norton 360 with LifeLock Select is 61% off. Discounts are also available for Norton 360 Standard, Norton 360 Deluxe, and Norton Antivirus Plus. Norton 360 with LifeLock select Black Friday dealsNorton's LifeLock is one of the leading brands in identity theft protection. Its identity theft protection features include credit monitoring from Equifax, identity theft insurance, and US-based identity restoration specialists. See Personal Finance Insider's picks for the best identity theft protection services >>

Persons: Norton, Norton's, It's, Finance Insider's Organizations: Norton, LifeLock, Finance

☆ One of the most successful VCs in cybersecurity, Ted Schlien, names 3 new trends to watch
▼ + stars: | 2023-09-07 | by ( Julie Bort | ) www.businessinsider.com time to read: +5 min

One of Kleiner Perkins longest-serving investors quietly launched a firm to specialize in security startups. Schlein sees three big new security markets, including an area he's "most scared about." That's partly because strong security startups tend to command higher-than-typical prices when acquired, Schlein says. Security startup trendsSchlein says he currently sees three big trends for next-gen cybersecurity startups. While at Kleiner, Schlein backed startup Apurio, and wrote a check at Ballistic for ArmorCode.

Persons: Kleiner Perkins, Ted Schlein, Schlein, It's, he's Organizations: Ballistic Ventures, Symantec, Security, Companies, Cequence, IT, Software, Hewlett, Packard, ArmorCode Locations: Kleiner

☆ People are impersonating homeowners to take out mortgages and steal the money. Here are the best ways to stop it happening to you.
▼ + stars: | 2023-06-14 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Three industry professionals told Insider that incidents like this also happen in the US, and that homeowners should be taking steps to avoid it happening to them. The frequency of this specific type of fraud is hard to quantify, with most data tending to focus on the prevalence of mortgage fraud as a whole. Industry professionals told Insider in March that real-estate fraud as a whole has surged in the past year. Even in cases where the defrauded individuals successfully contest the loan, Berg said it can still be "costly and, of course, upsetting." The experts agreed that another way to stay safe is by purchasing insurance, such as an owner's title policy.

Persons: —, Jay Allen Macdougall, Macdougall, Josh Migdal, Migdal, Hayden, Arthur Pfizenmayer, Pfizenmayer, Bridget Berg, Berg Organizations: Service, Toronto, FBI, Federal Trade Commission, Industry, United States Sentencing Commission Locations: Canada, Pfizenmeyer, CoreLogic

Introduction to Visa Signature BenefitsVisa Signature benefits are a premium offering for cardholders seeking more from their credit experience. Always cross reference Visa Signature benefits with your specific cardholder agreement to ensure that a benefit applies to your card. How to Maximize Your Visa Signature BenefitsMaximizing your Visa Signature benefits means understanding how to leverage every feature. FAQsCan Visa Signature benefits vary by card issuer? Furthermore, Visa Signature cards often come with no foreign transaction fees, which means you can make purchases abroad without incurring additional charges.

Persons: Norton, it's Organizations: Chase, Security, Visa Locations: Chevron

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