Abercrombie & Fitch shares plunge 15% after star retailer posts weak guidance for year ahead

• Abercrombie & Fitch’s stock falls to 15-month low as retailer weighs tariff impact

  Abercrombie & Fitch also approved a $1.3 billion share-repurchase program, including $400 million in 2025.
  
  MarketWatch - 11h

• MongoDB shares sink after company issues weak guidance

  MongoDB's earnings forecast for the 2026 fiscal year came in well below Wall Street expectations.
  
  CNBC - 4h

• Block shares plunge 18%, for worst day on market in 5 years after earnings miss

  Block had its worst day on the stock market since 2020 after the company reported an earnings miss.
  
  CNBC - Feb. 21

• Seven & i shares plunge after founding family abandons $58bn buyout

  Group led by Ito family unable to secure financing for Japanese convenience store chain
  
  Financial Times - 6d

• Okta pops more than 24% on strong earnings and guidance beat, posts best day in more than two years

  Okta shares soared on Tuesday after the identity and access management company delivered strong fourth-quarter earnings and beat on guidance.
  
  CNBC - 1d

• Chile reels after worst blackout in 15 years hits copper mines

  Government imposes curfew after more than 90% of country loses power in transmission failure
  
  Financial Times - Feb. 26

• Salesforce sinks on weak guidance — here's the biggest takeaway for the bulls

  This was not the cleanest earnings report, but the immediate reaction in extended trading was overdone.
  
  CNBC - Feb. 27

• Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers

  Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.
  
  CNBC - Feb. 21

• Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance

  Teladoc shares fell after the company reported fourth-quarter results that showed slowing revenue growth and weak guidance.
  
  CNBC - Feb. 26

More from CNBC

• 'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end

  Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.
  
  CNBC - 27m

• Amazon's cloud unit forms agentic AI group

  Swami Sivasubramanian, who has run Amazon Web Services' database business, will lead a new group focused on agentic AI.
  
  CNBC - 3h

• Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

  The 30-year bond also crossed the 2.5% mark for the first time since 2008.
  
  CNBC - 24m

• Appeals court allows Trump administration to remove ethics watchdog Dellinger — for now

  The Supreme Court is likely to determine whether President Donald Trump can fire Hampton Dellinger as head of the Office of Special Counsel.
  
  CNBC - 3h

• MongoDB shares sink after company issues weak guidance

  MongoDB's earnings forecast for the 2026 fiscal year came in well below Wall Street expectations.
  
  CNBC - 4h

More in Business

• Eight Fed districts had flat or slightly negative growth in February: Beige Book

  The report from the Federal Reserve comes as talk about a potential recession has picked up in recent days.
  
  MarketWatch - 7m

• Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

  The 30-year bond also crossed the 2.5% mark for the first time since 2008.
  
  CNBC - 24m

• 'Tariff war, a trade war or any other type of war' — China says it's ready to fight U.S. until the end

  Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods, starting from March 10 and a series of new export restrictions for designated U.S. entities.
  
  CNBC - 27m
• 

  Trump hands carmakers 1-month reprieve from tariffs

  Carve-out applies to companies operating through US-Mexico-Canada trade pact
  
  Financial Times - 50m

• Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

  Intel is viewed as “being left on the side of the road” by the Trump administration.
  
  MarketWatch - 1h