Why is Amazon Stock Falling? Is the Sell-Off Overdone?.Stock Q4 Results Beat Negative Outlook, Stock Rises Will Ryanair Stock Gains, Strong Estimates Help it Fly?.
Can Comcast Monetize Existing Users for Streaming Success?.McDonald’s Stock Sizzles, but Will it Hit a New All-Time High?.Shopify Stock Price Surges as Losses Narrow, Investments Pay Off.Will Demand from EV Makers Drive Up Freeport-McMoRan stock?.The Trader's Guide to Equities Research.CRM has revised its full-year revenue outlook to between $30.9B and $31B, lower from an earlier forecast of $31.7B to $31.8B. Salesforce ( CRM) shares are in the red on Thursday morning by 7.8% as the cloud-based business-software giant provided an outlook that suggested slowing revenue growth ahead. For the upcoming quarter, Nvidia stated that it anticipates revenue to be $5.9B in the upcoming quarter, well below the forecasted $6.92B. NVIDIA Corporation ( NVDA) has fallen 3.1% in premarket trading as the multinational semiconductor firm reported a softer forecast for the third-quarter, citing ongoing declines in the PC space. The company also reported revenue of $1.59B (+8.9% Y/Y), which surpassed estimates by $40M. NTAP posted Q1 Non-GAAP EPS of $1.20, which outdid forecasts by $0.10. Shares of NetApp ( NTAP) picked up ground on Thursday as the company jumped 8.1% after it delivered strong earnings that beat expectations with regards to Non-GAAP EPS and revenue. ( TDOC) rose 6.3% in early market trading as the telemedicine and virtual healthcare company watched the e-commerce giant Amazon ( AMZN) announce plans to shut its Amazon Care telehealth business by the end of the year. On the other end of the spectrum both NVIDIA Corporation ( NASDAQ: NVDA) and Salesforce ( NYSE: CRM) are in negative territory after the two companies delivered investors with weaker forward guidance. Also in the green are shares of NetApp ( NASDAQ: NTAP ) after delivering Wall Street with a strong earnings report.
( NYSE: TDOC) is out ahead of the markets early on as Amazon ( AMZN) publicized plans to shut its Amazon Care telehealth business.
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