Autodesk Inc
Cisco says CFO Scott Herren is leaving, company reports earnings beat
Cisco Chairman and CEO Chuck Robbins speaks at a keynote address at the Cisco Live! conference in Las Vegas on June 7, 2023. Ethan Miller | Getty Images Entertainment | Getty Images Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s prediction. Here’s how the […]
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CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’
George Kurtz, co-founder and chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 8, 2017. Patrick T. Fallon | Bloomberg | Getty Images Cybersecurity software maker CrowdStrike said Wednesday it plans to lay off 500 employees, representing about 5% of its workforce, a move CEO […]
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Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more
Check out the companies making headlines in midday trading: Autodesk — Shares of the design software maker rose nearly 4% after Starboard Value said it is preparing to wage a proxy fight and intends to nominate a minority slate of director candidates ahead of the company’s upcoming annual meeting. MicroStrategy — The company, which is now going […]
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Stocks making the biggest moves midday: Nvidia, Autodesk, Duoloingo, Alibaba and more
Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker edged lower by 0.1% after market sentiment soured in midday trading, prompted by a tense exchange between President Donald Trump and Ukraine President Volodymyr Zelenskyy that spiked geopolitical concerns. Nvidia had attempted a comeback earlier in the session, following its 8.5% […]
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Stocks making the biggest moves premarket: Nvidia, Alibaba, Rocket Lab and more
Check out the companies making headlines before the bell. Nvidia – Shares of the artificial intelligence chip darling fell around 2%, extending its 8.5% loss from the previous session. This comes on the heels of the company seeing a decline in its gross profit margin for the fourth quarter, and its revenue beat for the […]
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Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Andrew Anagnost, chief executive officer of Autodesk Inc., during a Bloomberg Television interview in London, UK, on April 25, 2023. Chris Ratcliffe | Bloomberg | Getty Images Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of […]
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Stocks making the biggest moves after hours: Dell, Autodesk, Duolingo, NetApp and more
Check out the companies making headlines in extended trading. Autodesk — Shares popped nearly 7% after the design technology company exceeded expectations for fourth-quarter earnings. Autodesk earned $2.29 per share, excluding items, on $1.64 billion in revenue, while analysts polled by LSEG anticipated a profit of $2.14 a share and revenue of $1.63 billion. NetApp […]
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Nvidia and PCE will have to deliver next week for a stock market in search of direction
A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s […]
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Stocks making the biggest moves premarket: Nvidia, Oracle, JetBlue, General Motors and more
Check out the companies making headlines in premarket trading. Nvidia — The artificial intelligence darling bounced back about 3% after plunging 17% a day earlier. Shares of peer firms with large AI exposure Broadcom and Oracle also ticked up more than 2%. Boeing — The aerospace stock fell less than 1% after fourth-quarter results missed […]
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Stocks making the biggest moves premarket: Dell Technologies, MicroStrategy, Urban Outfitters and more
Check out the companies making headlines before the bell. Dell Technologies — Shares fell more than 12% after the PC maker said it sees fourth-quarter revenue and earnings below Wall Street expectations . However, the company gave bullish commentary on artificial intelligence sales growth. Workday — Shares fell about 11% after the human resources software […]
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