Watch this standout media and tech play, Ulta and these mining stocks in tomorrow’s trading

Evening Playbook by Pro is the newest newsletter from CNBC

VIEW IN BROWSER | NEWSLETTERS THU, MAY 25, 2023 Tomorrow's Top CNBC Stories Tonight Ulta Beauty sinks after quarterly results Several notable retailers reporting after the bell, including Ulta Beauty. The stock was down more than 8% in the extended session despite beating earnings and revenue estimates, though just slightly. The company reaffirmed its EPS guidance, but it was still slightly below estimates. Part of the reason behind the sell-off could have been excitement generated by recent strength in other cosmetics players. e.l.f. Beauty hit an all-time high and posted its best session ever today, after the company smashed earnings estimates and gave strong guidance. It's up 370% in the past year. MetLife shares claw their way higher MetLife gained 5% today on a reinsurance deal with Global Atlantic. The stock move was a step in the right direction for the insurer, which hit its lowest level since February 2021 earlier in May. MetLife is still tracking for its third monthly decline in four. It's one of the worst performers in insurers this year, down 27% compared with the iShares U.S. Insurance ETF (IAK)'s 8% decline. It's underperforming IAK constituents of similar sizes: Arthur J. Gallagher & Co. is up 8% year to date, while Travelers is down 7% and AIG is off by 15%. Weekly and monthly losses ahead for two media giants Warner Bros. Discovery and Paramount Global are tracking for weekly declines, and it extends a bout of weakness for both. Warner Bros. is down nearly 19% in May, which would be its worst month since June 2022. Paramount is off by a whopping 40% this month and hit its lowest level since April 2020 today. Their larger rivals are also on pace for monthly declines, with Comcast down 5.5% and Disney off by 14%. Netflix, on the other hand, is heading for its best month since January. Disclosure: Comcast owns NBCUniversal, the parent company of CNBC. Metal and mining stocks on track for losing weeks Metal and mining stocks were mixed today, but they're largely tracking for weekly drops. Large names like Freeport-McMoRan and Newmont are both off by more than 5% heading into Friday. Other decliners include Cleveland-Cliffs, Alcoa, Nucor and Steel Dynamics. The SPDR S&P Metals & Mining ETF (XME) is on pace for its fourth-straight month decline, which would be its longest monthly losing streak since 2017. Ethan Kraft | CNBC Stocks & Markets Editor @ethan_kraft Top Trending PRO News These are the next stocks to get an A.I. boost like Nvidia, according to Wall Street THU, MAY 25 2023   These 4 stocks could double in price — including one tech giant, says financial research firm WED, MAY 24 2023   Morgan Stanley names 2 chip stocks with 'significant upside' as China bans Micron WED, MAY 24 2023   Tom Lee highlights the top picks in his market-beating portfolio WED, MAY 24 2023   Here are Thursday's biggest analyst calls: Tesla, Nvidia, Carnival, Mobileye, Disney, Snowflake & more THU, MAY 25 2023   Why Wall Street says this networking stock could be the next big A.I. play THU, MAY 25 2023 Biggest Stock Picks on CNBC TV Here's a top trade idea from investors and analysts on CNBC today. SEE THE PICKS Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2023 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS