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Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
Category: People & Blogs
Adobe shares dropped nearly 10% after the company released a disappointing earnings forecast the photoshop maker projected 4th quarter revenue between $5.50 billion and $5.55 billion falling short of analyst expectations of $ 5.61 billion this has raised concerns about delayed returns from its ai investments... Read more
GameStop stock sinks 12% after disappointing earnings, filing for 20 million share offering
Category: People & Blogs
Gamestop corp shares fell more than 12% in after hours trading tuesday after the video game retailer surprised investors with a quarterly profit but sales dropped more than 30% gamestop reported a significant drop in revenue with figures falling to $798 3 million for the quarter ending august 3rd compared... Read more
Oracle Stock Jumps 9% in After-Hour Trading As AI Powers Growth, Tech Giant Partners Up With Amazon
Category: People & Blogs
Oracle's stock surged after reporting fiscal first quarter earnings that surpassed expectations the tech giant earned an adjusted $139 per share on sales of $1 13.3 billion beating analysts projections of $133 cents per share on $13.2 billion in sales this marks a significant improvement from last year's... Read more