The Coca-Cola Company is a global leader in the beverage industry, renowned for its portfolio of soft drinks, juices, teas, coffees, and water products. Headquartered in Atlanta, Georgia, the company focuses on manufacturing, marketing, and distributing non-alcoholic beverages, with its flagship product being the iconic Coca-Cola soft drink. With a commitment to sustainability and innovation, Coca-Cola continually expands its offerings to meet consumer preferences, emphasizing healthier options and environmentally friendly practices. The company operates in numerous markets worldwide, leveraging its extensive distribution network to ensure that its products are accessible to a diverse range of consumers. Read More
Shares of IT services provider DXC Technology (NYSE:DXC) fell 7.4% in the morning session after the company reported weak first quarter 2025 results as its full-year revenue and EPS guidance fell short of Wall Street's estimates. Sales dipped over 6%, and even after adjusting for acquisitions and currency swings, organic revenue was still down more than 4%.
On the other hand, DXC beat analysts' revenue, EPS, and EBITDA expectations. Overall, this quarter could have been better.
The Coca-Cola Company announced today that President and Chief Financial Officer John Murphy will present at the dbAccess Global Consumer Conference in Paris on June 4 at 10:30 a.m. CEST/4:30 a.m. ET.
Shares of server solutions provider Super Micro (NASDAQ:SMCI) jumped 17.7% in the morning session after the company announced shipments of high-density servers powered by AMD's EPYC 4005 processors and revealed a $20 billion multi-year partnership with Saudi data center firm DataVolt. The deal aims to accelerate delivery of GPU platforms for hyperscale AI campuses in Saudi Arabia and the U.S.
Ethereum (CRYPTO: ETH) is on an upswing, now trading at approximately $2665.70, following a gain of over 44% in the past seven days, according to CoinMarketCap.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 22.9% in the afternoon session after the S&P Dow Jones Indices announced that the company would join the S&P 500 Index before the start of trading on Monday, May 19, 2025. The S&P 500 is a widely followed index that tracks the performance of the 500 largest companies in the United States.
Shares of health insurance company UnitedHealth (NYSE:UNH)
fell 16% in the afternoon session after the company announced the unexpected departure of its CEO, Andrew Witty, for personal reasons, leading to uncertainty in leadership as former CEO Stephen Hemsley returns. Also, it suspended its full-year 2025 financial outlook, citing a continued acceleration in care activity and higher-than-anticipated medical costs, particularly within its Medicare Advantage plans.
Beverage company Coca-Cola (NYSE:KO) reported Q1 CY2025 results exceeding the market’s revenue expectations, but sales were flat year on year at $11.22 billion. Its non-GAAP profit of $0.73 per share was 1.4% above analysts’ consensus estimates.
