DocuSign Stock Tumbles on Cut to Outlook

Text size DocuSign reported fiscal first-quarter earnings well below Wall Street’s estimate. Tiffany Hagler-Geard/Bloomberg DocuSign (ticker: DOCU) shares are sharply lower in late trading Thursday after the e-signature company cut its guidance for the January 2023 fiscal year. DocuSign ’s business thrived during the pandemic, but has been slowing for the last couple of quarters. … Read more

Snowflake Shares Slide Despite Earnings Beat, Falling Below 2020 IPO Price

Text size Snowflake shares have tumbled sharply since last fall. Gabby Jones/Bloomberg Snowflake shares are trading sharply lower late Wednesday, on apparent investor disappointment with the financial outlook provided by the cloud-based data warehousing company.  With the late afternoon slide, Snowflake shares have fallen below their $120 September 2020 IPO price. The stock peaked above … Read more

FuboTV Stock Tanks After Lowering North America Forecast

Text size Dreamstime Shares of fuboTV were plummeting on Friday after the sports streaming service slashed its guidance for North America. For the full year, fuboTV (ticker: FUBO ) expects to generate between $1.02 billion to $1.03 billion in revenue in North America, with 1.465 million to 1.485 million subscribers. FuboTV previously had predicted that … Read more

Cloudflare stock drops more than 9% after outlook forecasts possible loss

Cloudflare Inc. shares dropped in the extended session Thursday after the cybersecurity company’s quarterly results slightly beat Wall Street expectations, but its bottom-line forecast for the current quarter indicated a possible miss in its next report. Cloudflare  NET, -13.93% shares fell more than 9% after hours, following a 14% drop in the regular session to … Read more

Opinion: Are you sharing a Netflix password? Not for long …

After an unprecedented downturn in subscriber growth in the first quarter, Netflix executives are eyeing the millions of people using other subscribers’ accounts as a way to reverse the streaming service’s current trajectory. Netflix NFLX, +3.18% executives said Tuesday that the service lost 200,000 paid subscribers on a net basis in the quarter, the first … Read more

Taiwan Semi Stock Rises After Earnings. The Next Quarter Could Be Even Better.

Text size TSMC forecast revenue ahead of expectations for the three months ending in June. Sam Yeh/AFP/Getty Images Continued demand for chips in everything from advanced computing to cars helped Taiwan Semiconductor Manufacturing beat estimates for first-quarter earnings on Thursday —and strong sales are expected to continue. TSMC(ticker: TSM) notched a profit of $1.40 a … Read more

UiPath Stock Sinks as Revenue Outlook Below Forecasts

Text size Courtesy UiPath UiPath shares were sinking in premarket trading Thursday after the robotic-process automation software company reported a wider-than-expected loss in the fourth quarter and issued a first-quarter revenue forecast that also was below Wall Street expectations. UiPath (ticker: PATH) posted a loss of 12 cents a share in the quarter vs. analysts’ … Read more

JD.com Stock Sinks After Earnings Top Estimates but Revenue Growth Slows

Text size A JD.com distribution center in Beijing. Greg Baker/AFP via Getty Images Shares of JD.com fell sharply Thursday after the Chinese e-commerce giant reported fourth-quarter earnings that topped analysts’ forecasts but slower sales growth. U.S.-listed shares of JD.com (ticker: JD) declined 17% on Thursday to $51.78. JD.com reported net revenue in the quarter of … Read more

C3.ai increases full-year revenue outlook, but stock dips

Shares of C3.ai Inc. were headed lower in after-hours trading Wednesday, though the maker of artificial-intelligence software reported better-than-expected revenue and earnings results and raised its outlook for the full fiscal year. The company posted a fiscal third-quarter net loss of $39.4 million, or 38 cents a share, compared with a loss of $16.9 million, … Read more

Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings

Text size Plug Power said it is on track to achieve its goal of $3 billion in revenue in 2025. Dreamstime Shares of Plug Power were rising in late trading as investors expressed cautious optimism over the hydrogen fuel-cell company’s financial forecasts for 2022, even as fourth-quarter losses were wider than expected. Plug (ticker: PLUG) … Read more