Salesforce rallied on strong earnings, while Best Buy fell after posting its latest quarterly results.
— The consumer electronics retailer shed 1.9% after its fiscal year earnings and revenue guidance came in lighter than expected. Best Buy said it expects a sales decline of 3% to 6% for the year, citing the macro environment. However, its quarterly earnings beat estimates.— The retailer advanced 7.3% after beating expectations on per-share earnings and meeting them on revenue, according to Refinitiv. Macy's recorded $1.71 in earnings per share for the fourth quarter, above the $1.
JPMorgan moved the stock to underperform from neutral, citing future challenges ahead after the firm cited a warning that it may not be able to meet its financial obligations without liquidating in the next yea. Canaccord Genuity downgraded the stock to hold from buy, saying the firm has been managed well but it wants to move to the sidelines while the dust from the recent filling settles.— The digital authentication company added 15.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stocks making the biggest moves after hours: Silvergate Capital, Salesforce, Snowflake, Okta and moreStocks making the biggest moves after hours: Salesforce, Snowflake, Okta and more
Weiterlesen »
Salesforce's 'clear shift in tone' helps send stock flying toward best day since 2020Salesforce's story had lost some of its luster recently amid a revenue growth slowdown, but the software giant was basking in glory yet again Thursday.
Weiterlesen »
13 undervalued stocks to buy in a recession: top-1% fund managerThese 13 beaten-down stocks offer a 'margin of safety' from a possible credit shock, according to a top-1% fund manager
Weiterlesen »
How to invest, what to buy as international stocks rally: top fund managersHere are the 5 best ways to take advantage of a comeback rally for foreign stocks, according to 5 market-beating international fund managers
Weiterlesen »
The best humidifiers to buy in 2023, according to reviewsWhat is the most effective air humidifier? These are some of the top humidifiers you can buy in 2023, including models from Vicks and Dyson
Weiterlesen »