Okta Inc
Stocks making the biggest moves premarket: Shopify, Home Depot, Live Nation Entertainment and more
Check out the companies making headlines before the bell. Shopify — The e-commerce platform operator popped 14% after posting third-quarter operating income of $283 million, up from $122 million in the same quarter a year ago. Shopify’s revenue of $2.16 billion also came above a FactSet estimate of $2.12 billion. Home Depot — Shares of […]
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Stocks making the biggest moves midday: Dollar General, Affirm, Best Buy and more
Check out the companies making headlines in midday trading. Dollar General – The discount retailer’s shares tumbled nearly 30% after the company slashed its sales and profit guidance for the full year. Dollar General CEO Todd Vasos said the softer sales trends are partially attributable to a core customer who feels “financially constrained.” The retailer […]
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Stocks making the biggest moves premarket: Nvidia, Salesforce, CrowdStrike, HP Inc. and more
Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned 68 cents per share on revenue of $30.04 billion, while analysts polled by LSEG forecast […]
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Stocks making the biggest moves after hours: Nvidia, Salesforce, CrowdStrike, Affirm and more
Check out the companies making headlines in extended trading: Nvidia — The artificial intelligence chipmaker dropped 5% even after Nvidia beat expectations in its fiscal second-quarter results. Adjusted earnings per share of 68 cents exceeded the LSEG consensus estimate of 64 cents per share. Revenue of $30.04 billion exceeded the anticipated $28.7 billion. In the […]
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Microsoft is outsourcing its best AI, tech CEO states — and that is good news for Google
This photograph exhibits a display displaying the emblem of Bard AI, a conversational synthetic intelligence software software designed by Google, and ChatGPT. Lionel Bonaventure | Afp | Getty Photographs LONDON — Microsoft is handing more than the progress of all of its best synthetic intelligence applications and software package to OpenAI, in accordance to a […]
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Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Spark and AI Summit in San Francisco in April 2019. Databricks Data analytics software maker Databricks said in a statement on Tuesday that it’s acquiring Tabular, a startup that helps optimize data stored in the cloud. The gesture could help Databricks more quickly bring […]
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Software stocks got pummeled this week after a cluster of troubling earnings reports
Salesforce executives told investors that deals are shrinking or getting delayed. Dell said its margin is getting smaller. Okta highlighted macroeconomic challenges. And Veeva’s CEO said on his company’s earnings call that generative artificial intelligence has been “a competing priority” for customers. Add it all up and it was a brutal week for software and […]
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Stocks making the biggest moves premarket: Salesforce, Kohl’s, Foot Locker and American Eagle Outfitters
Check out the companies making headlines before the bell. Salesforce — Shares of the cloud software vendor plunged 16% after the company reported weaker-than-expected revenue and issued guidance that trailed Wall Street’s expectations. Revenue in the fiscal first quarter increased 11% from a year earlier, marking the first time since 2006 that Salesforce fell short […]
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Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more
The logo for Salesforce is displayed on the Salesforce Tower in New York City on March 7, 2019. Brendan Mcdermid | Reuters Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of $9.13 billion missed consensus estimates of $9.17 billion, according to LSEG. Adjusted earnings […]
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Inventory futures drop as Wall Street awaits the Fed's most well-liked inflation gauge: Live updates
Traders get the job done on the flooring at the New York Stock Exchange on Jan. 29, 2024. Brendan Mcdermid | Reuters Inventory futures fell as Wall Road weighed the most current earnings results and seemed ahead to the Federal Reserve’s favored inflation gauge. Futures tied to the Dow Jones Industrial Normal slipped 107 details, […]
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