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Business

C3.ai’s stock explodes higher following a meme-like surge

Drathby DrathMarch 3, 20230

C3.ai Inc.’s roaring rally continued on Friday, but some analysts were tempering their enthusiasm in the wake of the AI ​​software company’s latest earnings report. …

Business

Zscaler shares fall more than 10% on rising outlook and job cuts

Drathby DrathMarch 2, 20230

Zscaler Inc. shares fell in Thursday’s extended session after the cybersecurity firm raised its revenue forecast for the year by announcing layoffs. Zscaler ZS, +4.43% …

Business

Silvergate shares tumble as crypto bank warns it could fail

Drathby DrathMarch 2, 20230

Shares of Silvergate Capital Corp. lost more than 40% of their value Thursday after the company delayed its financial statements and said it was evaluating …

Business

Tesla shares fall 5% as Elon Musk’s ‘Master Plan 3’ falls short on details on cars and finances

Drathby DrathMarch 2, 20230

Shares of Tesla Inc. plunged more than 5% in the extended session Wednesday after the EV maker teased a “next-generation” EV platform but stopped short …

Business

Snowflake reduces revenue growth target and stock is declining

Drathby DrathMarch 2, 20230

This update corrects the FactSet consensus for Snowflake’s fiscal first quarter and fiscal 2024 product revenue. Shares of Snowflake Inc. fell more than 7% in …

Business

3M stocks surge after company says 90% of earplug plaintiffs had ‘normal’ hearing

Drathby DrathMarch 1, 20230

Shares of 3M Co. rose Wednesday after the consumer, industrial and health care products maker said US Department of Defense records show the “overwhelming majority” …

Business

AMC stock plunges after 14th straight quarterly loss, fourth straight year in the red

Drathby DrathFebruary 28, 20230

AMC Entertainment Holdings Inc. reported a loss for the 14th consecutive quarter and fourth consecutive year on Tuesday, and shares fell in after-hours trading. The …

Business

How investors can learn to live with inflation: BlackRock

Drathby DrathFebruary 28, 20230

Growth stocks may have led the early 2023 rally, but stubbornly high inflation means it won’t last. That’s the main message from the BlackRock Investment …

Business

Workday promises to return to more than 20% subscription growth after offering conservative forecasts

Drathby DrathFebruary 28, 20230

Shares of Workday Inc. fluctuated in the extended session Monday after the cloud HR software company said it was still on track for growth goals …

Business

Buying stocks isn’t worth the risk today, these analysts say. They have a better way of getting returns of up to 5%.

Drathby DrathFebruary 27, 20230

After being considered irrelevant for much of the last decade, the equity risk premium, a measure of the potential reward investors could reap from buying …

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