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    Oct 4, 2023
    • Intel Corporation declined 0.4% to $35.57 after the  advanced chipmaker said it plans to operate its programmable chip division as a standalone unit in preparation of a public offering in the next two years. 
      • Cal-Maine Foods Inc plunged 7.7% to $44.05 after the egg producer reported sharply lower sales in its latest quarter after prices declined. 

        Revenue in the fiscal first quarter ending in September decreased to $459.3 million from $658.3 million and net income plunged to $926,000 from $125.1 million and diluted earnings per share plunged to 2 cents from 2 cents from $2.57 a year ago. 

        Dozens eggs sold declined to 273.1 million from 275.3 million and net average selling price per dozen plunged to $1.58 from $2.27 a year ago.  
        • Oct 3, 2023
        • Macy's Inc declined 0.5% to $11.49 after the department store operator said it plans to open 30 smaller stores in strip malls over the next two years. 

          The retailer hopes that smaller stores with limited merchandise and modern look will appeal to younger customers who do not frequent large malls. 
          • Point Biopharma Inc soared 84% to $12.23 after the company agreed to be acquired by Eli Lilly for $12.50 a share in cash or $1.4 billion. 

            Eli Lilly & Company decreased 1.1% to $532.39. 
            • McCormick & Company Inc dropped 7.8% to $68.86 after the spice maker reported quarterly results. 

              Revenue in the third quarter ending in August increased 6% to $1.7 billion from $1.6 billion and net income dropped to $170 million from $222.9 million and diluted earnings per share dropped to 63 cents from 83 cents a year ago. 

              The company reiterated its sales and operating earnings outlook for 2023.

              Revenue in 2023 is expected to increase between 5% and 7%, primarily driven by price increases and operating income is expected to increase between 11% and 13% from $864 million and diluted earnings per share between $2.46 and $2.51 compared to $2.52 in 2022.  
              • Oct 2, 2023
              • Tesla Inc dropped 1.9% to $245.43 after the company said production in the third quarter declined because of the planned production shutdown. 

                Electric vehicle deliveries in the third quarter increased to 466,140 units from 365,923 units and production rose to 365,923 from 343,820 a year ago. 

                The company reiterated its full-year production outlook of 1.8 million units. 
                • Sep 29, 2023
                • Nike Inc jumped 7.9% to $96.70 after the athletic shoes and sportswear maker reported mixed quarterly results and guided sales to rise in mid-single digit in the current fiscal year. 

                  Revenue in the fiscal first quarter ending in August increased 2% to $12.9 billion from $12.7 billion and net income edged down 1% to $1.45 billion from $1.47 billion from a year ago. 

                  Sales in North America declined 2% to $5.4 billion, rose 8% in Europe to $3.6 billion in Greater China jumped 5% to $1.7 billion and advanced 2% in Asia Pacific to $1.6 billion. 

                  Footwear sales increased 4% to $8.4 billion from $8.1billion and apparel sales declined 1% to $3.38 billion from $3.43 billion and equipment sales jumped 9% to $531 million from $486 million a year ago. 

                  Diluted earnings per share edged up 1% to 94 cents from 93 cents a year ago and the company declared a dividend of 34 cents per share compared to 30.5 cents a year ago. ,

                  In the fiscal first quarter, Nike returned shareholders $1.7 billion, including $524 million in dividends and stock repurchase of 10.5 million or $1.1 billion as a part of the company's $18 billion buyback plan. 

                  At the end of August, the company has repurchased a total of $5.9 billion of its own stock. 
                  • Blue Apron Holdings Inc soared 133% to $12.82 after the meal kit company agreed to be acquired by Wonder Group for $13 a share. 

                    At the end of regular trading hours, Blue Apron stock closed at $5.49 valuing the company at $50 million. 
                    • Vail Resorts, Inc decreased 3.9% to $233.31 after the ski resorts operator said revenue in the fiscal fourth quarter ending in July  increased to $269.8 million from $267.1 million a year ago. 

                      Net loss in the quarter expanded to $128.5 million from $108.7 million and diluted loss per share deepened to $3.35 from $2.70 a year ago. 

                      The company forecasted net fiscal year 2024 net income between $316 million and $394 million and the company declared a quarterly cash dividend of $2.06 per share payable on October 26 to shareholders on record October 10. 
                      • Sep 28, 2023
                      • Micron Technology Inc declined 4.5% to $65 after the advanced chipmaker reported smaller-than-expected loss in the fiscal fourth quarter from the previous quarter. 

                        Revenue in the quarter declined to $4.0 billion from $6.6 billion and the company swung to a net loss of $1.4 billion from a profit of $1.4 billion and diluted earnings per share was ($1.31) from $1.35 a year ago.

                        The company reported revenue in the third quarter of $3.75 billion and a net loss of $1.9 billion and diluted loss per share of  $1.73. 

                        However, investors were disappointed with the company's adjusted earnings per share outlook of $1.07 in the fiscal first quarter. 

                        Micron guided fiscal first quarter revenue of $4.4 billion with a band of $200 million and diluted earnings per share to range between ($1.24) and $0.07.