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Now time for some of today's trending tickers. We're checking in on shares of Etsy, GE Healthcare and Seagate Technology. They're all in focus following earnings results. Let's start with Etsy. It's sinking today after providing guidance that disappointed some investors. Etsy CFO, Lanny Baker saying, Etsy is staying nimble in the face of uncertainty around the tariff announcements and the fluid state of consumer confidence in our core markets. A lot of the numbers here from Etsy actually looked pretty decent here. Um, and you know, so on the face of it, and initially, we were seeing the stock actually pick up a little bit, but EDA margin in the second quarter expected to be below estimates. And the company is now seeing four straight quarters of declines in active sellers.

Yeah, it's just reading through some of the commentary here. City analysts, uh, cited is saying results better than feared, but shares, uh, likely to be range bound until more clarity on GMS directions, sitting neutral on that name and so right now most on the street.

Yeah, GMS, gross merchandise sales, the the value of all the stuff that's sold via Etsy. And by the way, that fell by six and a half percent, and the company says that should decline this quarter at a rate similar or maybe a little bit better than that six and a half percent rate.

All right, we'll keep watching. Shares of GE Healthcare Technologies getting a boost today following a double beat on their first quarter earnings report. The company also reduced its forecast of full year 2025 adjusted earnings, about about 15% for its prior view, but seems investors may have been pricing in tariff concerns. So this one, uh, looks like a beat, did cut, but the street seems to think, just reading through some of the commentary, do like that was sort of a conservative move by the company.

Yeah, I found this really interesting. So the company actually slashed its earnings estimates pretty dramatically. Now it's seeing the upper end of its full year forecast at $4.10. The lower end of it had been $4.61. But there was one note that really stood out to me. The company is assuming that reciprocal tariffs could return to those April 2nd levels, uh, when the 90 day pause expires. So that's in other words, it is sort of pricing in and assuming a worst case tariff scenario and and also that the China tariffs are not going to come down at all before that point in time. So then it makes sense why these analysts are saying they're being very conservative with their guidance.

Yeah, JP Morgan, which is neutral on this one, says with the full effect from tariffs baked into the numbers, they say, we think this could be a clearing event for the stock that allows the focus to return to fundamentals, especially they note following a good Q1.

And then finally, let's get to Seagate Technology. It is higher today, the data storage company reporting fiscal third quarter earnings that did top expectations and also issued a forecast for the fourth quarter that was better than expected. Uh, Chris Shankar, who we know over at TD Cowen said the quarter was flawless. You don't, you don't hear too many comments like that, especially this earnings season here. And also the company's forecast was above estimates, which is not something we've been seeing a lot of.

Nice, Chris. City has a buy here, results above expectations, better sales, gross margins, strong demand. Guide was better they said than our estimates, and demand indicators intact. They raised estimates. They highlight May 22nd analyst day as the next catalyst. So mark that on your calendar.