Newsfeeds Archive - Page 12 of 319

2 minute read

Salesforce Stock Is Tumbling Thursday: What’s Going On?

May 30, 9:22 AM

Salesforce reported its first top-line miss in more than a decade late Wednesday, according to Benzinga Pro. Despite missing estimates, first-quarter revenue was up 11% on a year-over-year basis. Multiple analysts also lowered price targets on the stock following the print.

CRM

2 minute read

Investors Are Buying Okta Stock Thursday Morning: What’s Going On?

By Adam Eckert

May 30, 9:17 AM

Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst estimates of $604.339 million. The cloud-native cybersecurity company reported adjusted earnings of 65 cents per share, beating analyst estimates of 55 cents per share, per Benzinga Pro.

OKTA

2 minute read

Movers
News

What’s Going On With Lululemon Stock?

By Adam Eckert

May 30, 9:15 AM

Telsey Advisory Group analyst Dana Telsey on Thursday maintained Lululemon with an Outperform rating and price target of $550. Telsey joins a growing list of analysts who have updated price targets this week.

LULU

2 minute read

C3.ai Stock Is Rising Thursday: What’s Going On?

By Adam Eckert

May 30, 9:09 AM

C3.ai reported fourth-quarter revenue of $86 million, beating analyst estimates of $84.395 million. The enterprise AI software company reported an adjusted loss of 11 cents per share, beating estimates for a loss of 30 cents per share, according to Benzinga Pro.

2 minute read

Agilent Technologies Stock Sinks After Company Cuts Guidance To Reflect Slower Market Recovery

By Adam Eckert

May 29, 5:07 PM

Agilent Technologies shares are falling after the bell on Wednesday following the company's second-quarter financial results. Agilent revised its full-year outlook to reflect a slower market recovery.

2 minute read

Okta Q1 Earnings: Revenue Beat, EPS Beat, Raised Guidance — ‘Massive Opportunity’ Ahead And More

By Adam Eckert

May 29, 4:45 PM

Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst estimates of $604.339 million.

OKTA

2 minute read

Salesforce Stock Dives On Q1 Earnings: Revenue Miss, EPS Beat, Weak Guidance And More

By Adam Eckert

May 29, 4:19 PM

Salesforce reported first-quarter revenue of $9.13 billion, missing the consensus estimate of $9.147 billion.

CRM

2 minute read

Cava Group In The Sweet Spot? CEO Sees Consumers Trading Down From Casual Dining, Trading Up From Fast Food: ‘We Don’t Think It’s An Either Or’

By Adam Eckert

May 29, 1:20 PM

CAVA Group turned in better-than-expected earnings results for the first quarter late Tuesday.

CAVA

2 minute read

What’s Going On With Salesforce Stock Wednesday?

By Adam Eckert

May 29, 12:01 PM

Analysts expect Salesforce to report first-quarter earnings of $2.38 per share and quarterly revenue of $9.147 billion, according to estimates from Benzinga Pro. Salesforce has a strong track record of beating analyst estimates on the top and bottom lines.

CRM

2 minute read

What’s Going On With Cava Group Stock Wednesday?

By Adam Eckert

May 29, 10:14 AM

CAVA Group Inc (NYSE:CAVA) shares are trading lower Wednesday on the heels of the company's first-quarter financial results. Cava reported the same restaurant sales growth of 2.3%. The company said it opened 14 new restaurants during the quarter, bringing total locations up to 323, up 22.3% year-over-year.

CAVA