Twilio Surges 17% While TXN Down 5% After Earnings; Allurion Technologies up 110%; Starbox Soars 78%

Tiger Newspress
24 Jan

Cloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years. The shares surged 17% in premarket trading.

Boeing’s loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, citing charges at its defense unit, lower jetliner deliveries and losses from a crippling strike. The shares dropped 1.8% in overnight trading.

Texas Instruments reported fourth-quarter profits that topped analysts' estimates, but its earnings outlook fell short of expectations, sending shares down 5% in premarket trading.

Intuitive Surgical stock fell 2.87% in premarket trading despite beating profit expectations following a strong sales preannouncement that sent shares on a five-day sprint. The robotic surgery titan kept the outlook it issued on Jan. 15 for 13% to 16% procedure growth in 2025, which lags 17% growth in 2024. But the company is known for being conservative in its guidance.

Starbox through its subsidiary Irace Technology Limited, entered into a software purchase agreement with Aurelius Group Limited on Thursday. This agreement involved acquiring a cutting-edge 3D rendering system module for $16 million, paid in 10 million Class A ordinary shares. The shares soared 121.5% in overnight trading.

Allurion Technologies shares soared 110% in premarket trading following news the company would initiate a clinical study on the combination of certain weight-loss drugs and its Allurion program with the goal of improving muscle mass.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10