HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook

• HPE’s stock is sliding after earnings — these factors are affecting its outlook

  The server and software company said it will begin a cost-cutting program that will reduce its overall headcount by about 5%, or about 2,500 job cuts, over the next 12 to 18 months.
  
  MarketWatch - 3h

• Rocket Lab makes ‘bold’ satellite move, but shares slide on weak outlook

  Rocket Lab USA Inc. shares fell about 13% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected ...
  
  MarketWatch - Feb. 28

• Broadcom’s stock pops as upbeat earnings outlook soothes AI investors

  It’s been a tough stretch for AI stocks, but Broadcom’s guidance brought the sort of upside investors wanted to see.
  
  MarketWatch - 30m

• CrowdStrike slumps more than 6% on weak earnings outlook, overhang from outage costs

  CrowdStrike shares dropped 6% after it issued weak earnings guidance and signaled ongoing pressure from its global IT outage in July.
  
  CNBC - 1d

• Planet Fitness shares stumble as outlook points to slower earnings growth

  Planet Fitness’ stock falls as the full-year earnings growth outlook disappoints.
  
  MarketWatch - Feb. 25

• MongoDB plummets nearly 27% for worst day ever as weak outlook overshadows strong quarterly results

  MongoDB shares plummeted nearly 27% after the database software maker shared weak guidance that signaled a slowdown in growth.
  
  CNBC - 4h
• 

  US stocks post worst slide in two months on gloomy economic data

  Sentiment among businesses and consumers cools sharply as tariffs and inflation take a toll
  
  Financial Times - Feb. 21

• Hims & Hers offers upbeat forecast, but stock slides after hours

  Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...
  
  MarketWatch - Feb. 25

• Ad giant WPP says economic uncertainty is building. Its stock is sliding.

  WPP, the world’s largest advertising company, saw its shares plunge on Wednesday after it forecast that sales may drop this year.
  
  MarketWatch - Feb. 27

More from CNBC

• Trump says he's not even looking at stock market, tariffs will make U.S. 'very strong'

  Tariff decisions have 'nothing to do' with the stock market, President Donald Trump said Thursday.
  
  CNBC - 3h

• FAA briefly halts flights to several Florida airports after SpaceX rocket testing failure

  It's the second time this year that SpaceX experienced a mishap during a flight test of Starship resulting in debris raining down.
  
  CNBC - 4m

• Trump signs executive order establishing U.S. strategic bitcoin reserve

  President Trump is launching a strategic bitcoin reserve as part of a new executive order.
  
  CNBC - 29m

• Trump blames ‘globalists’ for stock market sell-off

  President Donald Trump also reiterated that his tariffs could, at least briefly, cause "disruption" in the equity markets.
  
  CNBC - 2h

• Walgreens to go private in roughly $10 billion deal with Sycamore Partners

  The historic transaction ends Walgreens' tumultuous run as a public company, which began in 1927.
  
  CNBC - 2h

More in Business

• FAA briefly halts flights to several Florida airports after SpaceX rocket testing failure

  It's the second time this year that SpaceX experienced a mishap during a flight test of Starship resulting in debris raining down.
  
  CNBC - 4m

• Gap’s holiday quarter was a big win. Here’s what’s working for the retailer.

  Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.
  
  MarketWatch - 7m
• 

  Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month

  Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.
  
  The New York Times - 8m

• Costco says customers could stay cautious due to inflation and tariffs. ‘When it rains, it rains on everyone,’ CEO says.

  Shares of Costco slipped after hours on Thursday, after the membership warehouse retailer reported a per-share profit and revenue figures that both missed Wall Street’s expectations.
  
  MarketWatch - 11m

• Trump signs order establishing strategic bitcoin reserve. But it’s not what crypto industry ultimately wants.

  Bitcoin fell after President Donald Trump signed an executive order Thursday evening to establish a strategic bitcoin reserve and a separate digital-asset stockpile for cryptocurrencies other than ...
  
  MarketWatch - 16m