HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook
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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 - 5h -
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 - 5h -
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 - 9h -
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 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 - 7h -
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 - 5h -
China's exports miss forecasts as U.S. tariffs hit, imports record sharpest decline since July 2023
Chinese exporters have been rushing to front-load outbound shipments on anticipation of more tariffs as U.S. President Donald Trump returned to the White House.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 - 3h -
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 - 9h
More in Business
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China's exports miss forecasts as U.S. tariffs hit, imports record sharpest decline since July 2023
Chinese exporters have been rushing to front-load outbound shipments on anticipation of more tariffs as U.S. President Donald Trump returned to the White House.CNBC - 1h -
‘It’s like a whipsaw’: Trump’s tariff U-turns unnerve businesses and investors
President’s erratic policymaking has caused ‘a lot of uncertainty’ across corporate AmericaFinancial Times - 1h -
The secret history of Syria’s new leader
Is the man once known as Abu Mohammad al-Jolani intent on moderating or a brutal strongman?Financial Times - 1h -
Trump’s crypto project netted $350mn from presidential memecoin
FT analysis shows potential windfall for US president in three weeks following launch in JanuaryFinancial Times - 1h -
What a Mar-a-Lago accord could look like
Trump’s team consider financial policy interventions to be crucial in a grand reordering of global finance and tradeFinancial Times - 1h