All articles tagged with #veeva systems
Veeva Systems' stock surged 22% after beating Q1 earnings forecasts and raising fiscal-year guidance, driven by strong financial results and expansion plans beyond the life sciences sector, though some analysts remain cautious due to industry pressures.
Veeva Systems experienced its best first quarter ever, surpassing earnings and revenue expectations, leading to an 18% stock surge and a breakout above key buy points, with strong full-year outlooks and a passing of the $3 billion revenue milestone, positioning it as a top-performing stock in the tech and healthcare sectors.
Dollar General's shares fell nearly 20% after reporting an earnings and revenue miss for Q1 and slashing its full-year outlook. Meanwhile, Chewy's stock surged about 25% after beating earnings and revenue expectations, and Pure Storage's stock soared 21% on better-than-expected quarterly earnings and revenue. Veeva Systems' shares also surged more than 18% after posting better-than-expected earnings and revenue for Q1. However, C3.ai's stock dove 14% as a weaker-than-expected outlook eclipsed stronger-than-expected earnings for the previous quarter. Salesforce shares lost about 4% due to cost concerns and dwindling demand for consulting deals overshadowing better-than-expected results and an improved full-year earnings outlook.
Jim Cramer advises against investing in Zim Integrated Shipping, recommends keeping an eye on Palantir as the company has shifted and is doing well, likes Nextera Energy for its growth potential, is cautious about HF Sinclair Corporation despite its recent decline, and recommends Veeva Systems as a growth stock for younger investors.