Shares of Hewlett Packard Enterprise Co. traded lower late today despite the company posting solid earnings and revenue that came in above Wall Street’s expectations. It seems investors were much more interested in the company’s… Article Source https://siliconangle.com/2024/09/04/hpe-beats-expectations-stock-falls-concerns-weak-ai-server-margins/
Shares of Broadcom Inc. traded lower following the closing bell today, after the chipmaker reported quarterly financial results that swung to a loss and offered guidance that fell short of expectations. The company may have hoped for a… Article Source https://siliconangle.com/2024/09/05/broadcoms-stock-falls-weak-outlook-despite-strong-ai-chip-sales-vmware-bookings/
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,859.85… Article Source https://fortune.com/2024/10/15/premarket-stock-futures-dow-sp500-nasdaq-16/
The stock market is facing pressure following weak JOLTS data indicating economic weaknesses, with job openings dropping to their lowest level since February 2021. GameStop’s rally is diminishing as meme trading influencer “Roaring Kitty” faces a potential e-commerce ban over market manipulation concerns. Investors are keeping an eye on Hewlett Packard Enterprise’s quarterly earnings and … Read more
Nutanix, a technology company, reported strong third-quarter earnings that exceeded Wall Street’s expectations. The company’s earnings per share (EPS) was $0.28, higher than the anticipated $0.17. Revenue for the quarter also outperformed, coming in at $524.6 million compared to the estimated $515.96 million. However, Nutanix issued weaker guidance for the fourth quarter, projecting revenue between … Read more
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Chipmaker Broadcom forecast annual revenue below Wall Street estimates on Thursday, as weak enterprise spending and stiff competition cast a shadow on its acquisition of VMware. Shares of San Jose, California-based Broadcom, which recently closed its acquisition of the cloud computing firm, fell more than 1% in extended … Read more