HP (HPQ) fell nearly 3% in pre-market trading Monday morning before settling at around a 1% loss when the market opened. The stock is suffering from news of billionaire investor Warren Buffet selling off his shares of the PC maker in the last week. The SEC filing shows a sale by Berkshire Hathaway of [...]
Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at [...]
Shares of Oracle (ORCL) are down 12% so far in Tuesday morning’s trading session even after the company posted first-quarter earnings that beat the consensus. The problem? The dismal guidance for the second quarter ahead. Oracle has benefited as more and more companies rush to claim their stake in the AI marketplace. The demand [...]
DocuSign (DOCU) reported fiscal first-quarter earnings late Thursday that beat the consensus and marked an improvement year over year. The document signing software company also raised its forecast for the full year. And yet, shares are falling so far in Friday’s trading session. The company’s revenue of $669.4 million represents an 11% gain year [...]
Amazon announced that it has reached an agreement for an enhanced collaboration with Shopify (SHOP) yesterday after the market closed. Shares rose in extended trading and they picked right back up this morning, as the stock has gained more than 9% so far in Thursday’s session. Amazon and Shopify already had a partnership in [...]
Shares of Box Inc. (BOX) fell more than 9% when the market opened Wednesday. The company reported second-quarter earnings yesterday after hours and the results were anything but positive. While revenue did climb 6% to $261.4 million, this was only a hair above the analyst consensus of $261 million. Meanwhile, net income of $10.8 [...]
Shares of Splunk (SPLK) were trading higher in Wednesday afternoon’s extended trading session yesterday, and when the bell sounded this Thursday morning, they picked up where they left off. SPLK is up more than 13% so far after beating the consensus in the company’s second-quarter earnings. The San Francisco software company grew revenue by [...]
By Leslie N. Masonson, MBA Celestica Inc. (CLS), is a NYSE-listed firm incorporated in 1996 headquartered in Toronto, Canada. Therefore, American investors are probably not familiar with this company which doesn’t get coverage in the U.S. financial media. Because of its future prospects based on its growing earnings and 85% price appreciation over the [...]
Over the past month or so, shares of Palo Alto Networks (PANW) had fallen more than 15%. Analysts and investors alike sent the stock into a downward spiral, overreacting after the company scheduled its earnings call for a Friday. There is no question that this is a rare occurrence, but investor sentiment can be [...]
Lyft (LYFT) has been trending positively over the past few months, and CEO David Risher has decided to hop aboard with an insider purchase of $1.15m in company stock. He flat out said, “I’m putting my money where my mouth is”. The purchase works out to 100,000 shares of the company’s common stock. Risher [...]
