Top Stock Market Movers: Salesforce, UiPath, HP Inc., Best Buy, Kohl’s, Foot Locker, C3.ai, Nutanix, and More

Top Stock Market Movers: Salesforce, UiPath, HP Inc., Best Buy, Kohl’s, Foot Locker, C3.ai, Nutanix, and More

Stocks fell Thursday as Salesforce issued a weak outlook and rising bond yields weighed on sentiment. Salesforce fell 20% after reporting first-quarter earnings that beat expectations but revenue fell short and the outlook for the current fiscal second quarter missed estimates. Analysts were expecting revenue of $9.35 billion and profit of $2.40, but Salesforce expects … Read more

Netflix shares surge as streaming site hikes prices while Tesla stock slumps after Musk’s comments

Netflix shares surge as streaming site hikes prices while Tesla stock slumps after Musk’s comments

Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link

J&J, Bank of America, Goldman, Lockheed, Ericsson, Wyndham, SunPower, and More Stock Market Movers

J&J, Bank of America, Goldman, Lockheed, Ericsson, Wyndham, SunPower, and More Stock Market Movers

Johnson & Johnson, Bank of America, and Goldman Sachs are scheduled to report third-quarter earnings on Tuesday, Ericsson slumps after withdrawing margin guidance, and NetScout reduces its outlook for fiscal 2024. Source link

VMware Shares Rise After CMA Greenlights Broadcom Deal

VMware Shares Rise After CMA Greenlights Broadcom Deal

By Will Feuer Shares of VMware rose after British regulators cleared Broadcom’s roughly $61 billion takeover of the multi-cloud services provider. VMware stock climbed almost 6% to $163.71 in premarket trading. Shares were already up more than 27% over the past 12 months through Friday’s close. Broadcom agreed more than a year ago to pay … Read more