
Stocks making the biggest moves after hours: Applied Materials, Take-Two Interactive, Cava and more
Applied Materials — Shares fell nearly 5% in extended trading. The maker of semiconductor manufacturing equipment reported $7.10 billion in revenue in its fiscal second quarter, which was slightly lower than analysts' expectations of $7.13 billion, according to LSEG. Semiconductor revenue of $5.26 billion for the quarter fell short of estimates of $5.31 billion.
Take-Two Interactive Software The video game company saw a 2% decline in shares after issuing weaker than expected guidance for full-year bookings. The company said it expects between $5.9 billion and $6 billion, while StreetAccount consensus estimates sought $7.82 billion. For the fiscal first quarter, Take-Two projected bookings between $1.25 billion and $1.30 billion, versus estimates of $1.28 billion.
Cava Group Shares of the Mediterranean restaurant chain fell 4%.Cava's full-year guidance for adjusted earnings before interest, taxes, depreciation, and amortization came in at $152 million to $159 million, short of the FactSet consensus call for $159.7 million. Revenue in the first quarter surpassed estimates, coming in at $332 million, versus the $327 million consensus estimate, per LSEG.
Doximity The networking platform for health-care professionals saw its stock tank 25% on weak guidance. Doximity expects adjusted EBITDA to range from $71 million to $72 million, while StreetAccount consensus estimates sought $74 million. The company's full-year outlook also missed expectations.

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Forbes
2 hours ago
- Forbes
2025 Global 2000 Methodology
JP Morgan Chase ranked No. 1 on the Global 2000 in 2024, 2023 and 2022. Corbis via Getty Images For the 22nd consecutive year, Forbes is ranking the world's largest public companies. We compile our Global 2000 list using data from FactSet to screen for the biggest public companies in four metrics: sales, profits, assets and market value. Our market value calculation is as of April 25, 2025, closing prices and includes all common shares outstanding. All figures are consolidated and in U.S. dollars. We use the latest-12-months' financial data available to us on April 25, 2025. We rely heavily on the databases for all data, as well as the latest financial period available for our rankings. Many factors play into which financial period of data is available for the companies and used in our rankings: the timeliness of our data collection/screening and company reporting policies, country-specific reporting policies and the lag time between when a company releases its financial data and when the databases capture it for screening/ranking. We quality-check the downloaded financial data to the best of our ability using other data sources and available company financial statements. We first create four separate lists of the 2000 biggest companies in each of the metrics: sales, profits, assets, and market value. Each of the 2000 lists has a minimum cutoff value in order for a company to qualify: sales $5.9 billion, profits of $399 million, assets of $14.1 billion and market value of $7.9 billion. A company needs to qualify for at least one of the lists to be eligible for the final Global 2000 ranking. This year 3,385 companies were needed to fill out the four lists of 2000, each company qualifying for at least one of the lists. Each company receives a separate score for each metric based on where in ranks on the metric's 2000 list. We add up all the scores for all four metrics (equally weighted) and compile a composite score for each company based on their rankings for sales, profits, assets and market value. We sort the companies in descending order by the highest composite score and then apply our Forbes Global 2000 rank. The highest composite score gets the highest rank. Publicly traded subsidiaries for which the parent company consolidates figures are excluded from our list. For most countries, the accounting rules for the consolidation of a subsidiary is when the parent's ownership (control) of the subsidiaries stock is more than 50%. Some countries accounting rules allow for the consolidation of a subsidiary at less than 50% ownership. We exclude companies where we don't have access to reliable or timely data—this year, that included Russian companies, which do not have financial data reported on FactSet or other reliable data sources since prior to Russia's invasion of Ukraine in early 2022.
Yahoo
3 hours ago
- Yahoo
Consumer confidence improves for the first time since November
It's been a little while since Americans had an inkling of optimism about the economy. Consumer confidence rose 12.3 points this month to a reading of 98, the Conference Board said in its latest survey released Tuesday, the first monthly gain since November. That's higher than economists' expectations for a reading of 88, according to data firm FactSet. For the past several months, President Donald Trump's sweeping policy changes, including his ongoing trade war, have taken a toll on people's attitudes toward the economy. Last month, consumer confidence fell to its lowest level since the early days of the Covid pandemic. But progress in Trump's negotiations with other countries over trade gave Americans a sense of hope this month. 'The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards,' Stephanie Guichard, senior economist at the Conference Board, said in a release. 'The monthly improvement was largely driven by consumer expectations as all three components of the Expectations Index — business conditions, employment prospects, and future income — rose from their April lows.' This story is developing and will be updated. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Epoch Times
4 hours ago
- Epoch Times
New Boutique Hotel, With 6 Rooms and 60 Workers, Is an Outlier in South Beach
Vinod Sreeharsha Miami Herald On Collins Avenue, in the heart of Miami Beach's Art Deco district, Donatella Boutique Hotel & Restaurant doesn't seem to belong. The entrance, a narrow single metal door facing the street, is easy to miss. Once entering, you go down a long, outdoor corridor. Plants are everywhere and bright Miami colors nowhere. And it's quiet, almost peaceful. A look through the entrance of Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS Donatella Boutique Hotel & Restaurant opened May 9. The restaurant is the center of this venue, 1350 Collins Ave. Dinner tables in a corridor give the place a Mediterranean feel. But before grabbing a seat, you are surrounded by two-story villas to the front, left, and right. Each of the three buildings has two rooms for a total of six rooms. Related Stories 4/24/2025 8/8/2023 That's boutique. There isn't a fancy digital kiosk to check in at when you arrive. There aren't even elevators. But there are carefully restored, spiral red oak staircases to take you to your rooms. If you're out of shape, employees will help. If you're fit, take the help anyway because don't want your luggage damaging the pristine floor. About 60 employees work here—10 for each room. While your bags are taken upstairs, you can have a cocktail in the small check-in area that has a bar. A detail shot of the stairs leading from the restaurant area to a hotel room inside Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS How Donatella Owners Came Together Donatella Boutique Hotel & Restaurant is owned by and a collaboration between Jamil Dib, co-founder and owner of Vida & Estilo Hospitality Group, and the Nakash Group, owners of The Setai, the luxury Miami Beach hotel. Vida & Estilo runs Salty Flame, the Asian-influenced steak bar on Brickell Avenue, Paperfish Sushi, Barsecco, and more than 18 restaurants in the Miami area and Las Vegas. Dib has lived in South Florida since 1996. After the COVID-19 pandemic, Joe Nakash, chairman of The Setai Hotel, and Dib, a friend, met up and decided they wanted to start a business together. When they saw the property, they 'fell in love' with it, Dib said in an interview with the Miami Herald at the Donatella. An exterior shot of Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS 'For me, it's more about the architecture,' Dib said. 'You do not find this in Miami Beach.' They acquired the building in 2022 for $6 million, according to Miami-Dade property records. They knew it would not be 'an easy remodeling.' The building was mostly kept intact although a small pool was removed to make way for part of the restaurant. An interior shot of the hotel room named Bianca Allegra' at Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS From Justin Bieber to Boutique Hotel The property, then known as the Orchid House, was being used as a three-villa rental with a shared kitchen. Singer Justin Bieber stayed there in 2014, a trip that ended with his arrest. It was built in the 1920s by Wallace Tutt, who also designed what became the Versace mansion on nearby Ocean Drive. The rooms at the remodeled Donatella have Italian travertine stone, warm wood, and large bathrooms and vanity areas. Miami-based Mico Design Studios did interiors. A detail shot of the bed inside the hotel room named Bianca Allegra' at Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS The colors are light—lots of white—while Miami Beach's typical bright colors and neon are absent. The natural stone has light tones as well. There's a peaceful ambience to the rooms, similar to hotel rooms in the South of Spain. The villas are connected by wood bridges where you can also eat dinner if you fancy something even more romantic. Wherever you chose to dine, coastal Southern Italian dining will be served by chef Alessandro Morrone, who's from Naples, Italy. His menu features black truffle cacio e pepe, rigatoni nduja, and Skull Island prawns. The restaurant seats 170 people. A private dining room accommodates 15. An interior shot of the dining area of Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS The Donatella, next to the Shepley Hotel, has no pool or rooftop where groups can hang out. There's no sauna or spa. And you likely won't find South Beach crowds partying late into the night. 'We cannot compete maybe with the big hotels, with the beach clubs, but we're different,' Dib said. A big part of that is paying meticulous attention to every customer and every detail, he said. For example, Dib said he chose every song on the hotel's Spotify playlist. During the interview, he stopped to point out songs he had selected that comprise Donatella Chill. Signature dishes from the restaurant at Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS The Donatella Connection? The hotel doesn't have a direct connection with its namesake. Donatella Versace is the sister of Gianni Versace, the Italian fashion mogul killed in 1997 on the steps of his Miami Beach mansion. She also was a prominent fashion designer and CEO of Versace until March when she announced she'd step down. 'I don't know the family at all,' Dib said. 'There's no connection.' But he said they did obtain the trademark to use Donatella's name. The U.S. States Patent and Trademark Office records confirmed that. An interior shot of Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS Dib's partner Joe Nakash acquired Versace's South Beach mansion in a New York auction in 2013 for $41.5 million. The runner-up was Donald Trump. Once a run-down apartment building called The Amsterdam Palace, the Versace mansion is now Villa Casa Casuarina, which includes a boutique hotel. A bartender makes a cocktail inside the bar at Donatella on May 1, 2025, in Miami, Florida. D.A. Varela/Miami Herald/TNS If You Go The hotel's starting rate is $460 a night, Dib said. At the restaurant, he hopes you can get a good meal for $80 to $100. Initially, the restaurant will be open for dinner only. They hope after about two months to start offering Sunday brunch. For reservations at the hotel or more information, go to Copyright 2025 Miami Herald. Visit Distributed by Tribune Content Agency, LLC. Dear Readers: We would love to hear from you. What topics would you like to read about? Please send your feedback and tips to