HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook
Read more at CNBC
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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 - 6d -
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 - 3h -
Broadcom’s stock pops as upbeat 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 - 1h -
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 tollFinancial 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
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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 -
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 - 1h -
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 - 16m -
The pivotal February jobs report is out Friday. Here's what to expect
Markets will get another snapshot into the health of the labor market when the BLS releases its February nonfarm payrolls report Friday.CNBC - 4h -
Costco reports mixed second-quarter earnings, comparable sales growth
Costco on Thursday reported mixed earnings for the fourth quarter.CNBC - 1h
More in Business
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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 - 16m -
Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips
Broadom reported earnings and revenue that topped analysts' expectations.CNBC - 26m -
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 - 41m -
Trump appeals order reinstating fired NLRB member, judge tells him 'president is not a king'
Gwynne Wilcox was the first National Labor Relations Board member ever fired. A judge said Trump does not have the power to fire board members 'at will.'CNBC - 51m -
Worried about the stock selloff? These low-volatility ETFs could help you manage the ups and downs of the market.
Low-volatility ETFs have delivered on their promise to shine during uncertain times on Wall Street.MarketWatch - 54m