Shares of Amgen (AMGN) are soaring at Thursday's market close after reporting first quarter results, with revenue exceeding expectations. The biotechnology giant's revenue rose by 22% during the quarter.

DraftKings (DKNG) also delivered a strong earnings report, surpassing analysts' estimates on both the top and bottom lines. Buoyed by this performance, the company raised its full-year outlook.

Live Nation (LYV) topped revenue estimates in its first quarter earnings, although the company reported a loss of $0.53 per share.

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This post was written by Angel Smith