Nike forecast cut sends sportswear stocks 12% down as spending stumbles
Nike sank 12% premarket on Friday and dragged shares of other sportswear companies after weak consumer spending forced the Air ...
Tag: forecast
Micron shares jump 7% on forecast for quicker recovery in chip demand
Chipmaker Micron Technology's shares jumped 7% on Thursday after it predicted a strong recovery in the supply-demand balance for memory ...
FedEx profit misses, cuts full-year revenue forecast; shares sink
FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending ...
Adobe shares slide on weaker-than-expected forecast for 2024
Adobe CEO Shantanu Narayen.Linda Dimyan | CNBCAdobe shares dropped more than 6% in extended trading Wednesday after the software maker ...
Oracle tumbles as tepid forecast fans cloud growth concerns
Oracle shares slumped 10.4% on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over ...
Ad tech firm Trade Desk sinks 19% as auto, Hollywood strikes hit forecast
Shares of advertising tech firm Trade Desk plunged 19% on Friday following a quarterly revenue forecast dented by a slowdown ...
Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console
A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan.Kiyoshi ...
Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
DBS branch in Hong Kong.Budrul Chukrut | SOPA Images, LightRocket | Getty ImagesSoutheast Asia's largest lender DBS Group reported a ...
Atlassian sinks despite better-than-expected results and inline forecast
Michael Cannon-Brookes, co-CEO, AtlassianScott Mlyn | CNBCAtlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from ...
Dogecoin Price Forecast: Can DOGE Breach $0.1 Barrier Amid Meme Coin Surge?
Dogecoin (DOGE) is riding the bullish wave once again, experiencing a substantial rally with double-digit gains. Notably, selected tokens such ...
