“Bill.com Shares Soar 10% as Earnings Triumph and Outlook Exceeds Expectations!”
Bill.com Holdings Inc.’s shares surged in after-hours trading following the release of the company’s strong third-quarter results and upbeat outlook for the fourth quarter and full year, both exceeding Wall Street expectations. Bill.com, a provider of business automation software, saw its shares jump by as much as 10% after market close, building on a 1.6% […]
US Stocks Plunge as Amazon’s Gloomy Cloud Forecast & Stubborn Inflation Rattle Investors
U.S. stock indexes opened lower on Friday after Amazon warned about a slowdown in its cloud business, while strong inflation data cemented expectations for higher rates in the U.S. The Dow Jones Industrial Average dropped 70 points, or 0.2%, to 33,758. The S&P 500 was down 0.1%, while the Nasdaq Composite lost 0.3%. Amazon.com Inc. […]
Alteryx Stock Plunges 15% – Investors Staggered by Mixed Results, Uncertain Future Outlook
Data software company Alteryx Inc. experienced a decline in shares in the extended session on Thursday following mixed results and outlook compared to Wall Street expectations, with shares dropping as much as 15%. This occurred after a 1.3% increase in the regular session, closing at $51.02. For the first quarter, Alteryx reported a loss of […]
“Breaking: 5% Plunge in Cadence Design Stocks Amid Short-Term Outlook Concerns!”
Cadence Design Systems Inc. (CDNS) reported mixed results for its first-quarter financial results, with shares falling in the extended session Monday due to its lower-than-expected guidance for the current quarter, despite beating Wall Street expectations for the past quarter. In the extended session, Cadence shares declined 5% after a marginal 0.1% decline in the regular […]
“First Solar Plummets: Citi Slaps ‘Sell’ Rating as Analysts Foresee Grim Future Ahead!”
First Solar Inc., the “undisputed leader in domestically made modules for utility scale solar in the U.S.,” is facing a “challenging” long-term outlook, according to Citi Research analyst Vikram Bagri. He downgraded his rating on the stock to sell from neutral, causing First Solar shares to recede more than 2% in pre-market trading. Bagri expects […]
“Seasoned Trader Tone Vays’ Crypto Alert: Massive Bitcoin Shift Looming – Get His Insights!”
Prominent former Wall Street Trader and Bitcoin investor, Tone Vays, has recently issued a crypto alert, stating that a significant shift in the market is imminent. Vays is well-reputed in the cryptocurrency and trading community, and his technical acumen has garnered him a large following on social media. His forecasts are taken seriously by investors […]
OPEC Holds Steady: 2023 Global Oil-Demand Growth Forecast Remains On Course
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its forecast for growth in world oil demand this year at 2.3 million barrels a day (mb/d), averaging 101.9 mb/d. However, the organization has issued a warning that the outlook is subject to various uncertainties that include the trends and pace of economic activity in […]