Latest Financial markets News
Stock market today: Wall Street rallies after strong jobs report, Dow jumps 600
NEW YORK (AP) — Stocks are rallying Friday after a strong report on the U.S. job market suggested a recession may not be as close as Wall Street had feared. The S&P 500 was 1.5% higher in afternoon trading and on pace for a third straight winning week. The index is also...
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
BEIJING (AP) — Asian stock markets followed Wall Street higher Friday ahead of an update on the U.S. jobs market after Federal Reserve officials reignited hopes another interest rate hike might be postponed and lawmakers gave final approval to a deal to avert a government debt default. ...
SentinelOne: Fiscal Q1 Earnings Snapshot
MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — SentinelOne Inc. (S) on Thursday reported a loss of $106.9 million in its fiscal first quarter. The Mountain View, California-based company said it had a loss of 37 cents per share. Losses, adjusted for stock option...
MongoDB: Fiscal Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — MongoDB Inc. (MDB) on Thursday reported a loss of $54.2 million in its fiscal first quarter. On a per-share basis, the New York-based company said it had a loss of 77 cents. Earnings, adjusted for one-time gains and costs, were 56 cents per share....
How major US stock indexes fared Thursday 6/1/2023
Wall Street closed higher on hopes that the Federal Reserve may soon take it easier on its hikes to interest rates, with the S&P 500 gaining 1% Thursday. Several reports painted a picture of a split U.S. economy. The job market remains remarkably solid, but manufacturing is...
Elastic: Fiscal Q4 Earnings Snapshot
MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Elastic NV (ESTC) on Thursday reported a loss of $46.7 million in its fiscal fourth quarter. On a per-share basis, the Mountain View, California-based company said it had a loss of 48 cents. Earnings, adjusted for one-time...
PagerDuty: Fiscal Q1 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — PagerDuty Inc. (PD) on Thursday reported a loss of $12.2 million in its fiscal first quarter. The San Francisco-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 20 cents per...
The Cooper Companies: Fiscal Q2 Earnings Snapshot
SAN RAMON, Calif. (AP) — SAN RAMON, Calif. (AP) — The Cooper Companies (COO) on Thursday reported fiscal second-quarter profit of $39.8 million. On a per-share basis, the San Ramon, California-based company said it had profit of 80 cents. Earnings, adjusted for non-recurring...
Zumiez: Fiscal Q1 Earnings Snapshot
LYNNWOOD, Wash. (AP) — LYNNWOOD, Wash. (AP) — Zumiez Inc. (ZUMZ) on Thursday reported a loss of $18.4 million in its fiscal first quarter. On a per-share basis, the Lynnwood, Washington-based company said it had a loss of 96 cents. The results fell short of Wall...
Recession ahead? By this metric, one's here now: Earnings fall and Wall Street expects 2Q soreness.
NEW YORK (AP) — The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety. Companies are in the midst of an “earnings recession," meaning profits have contracted for two straight quarters, starting with a 4.6% drop at...
