Earnings Results: IFF stock plunges 20% as inventory costs fuel big miss, sales outlook cut
IFF shares fell off a cliff after hours Monday after the company said the cost of writing down inventory jumped, and cut its sales forecast...
The Ratings Game: Why Fortinet’s record selloff was overdone and Cloudflare’s stock got ‘way ahead of itself’
Cybersecurity stocks underperformed Monday as analysts digested recent earnings in the volatile sector.
: RingCentral’s stock plunges despite revenue, earnings beat
RingCentral Inc.’s RNG stock is getting creamed, down more than 10% in extended trading Monday. The cloud-based phone system provider for small businesses reported a...
Space company Redwire trims quarterly losses, builds order backlog past $270 million
Space infrastructure company Redwire reported second-quarter results Monday, as it nearly erased its net losses.
Cathie Wood: SEC may ‘approve more than one Bitcoin ETFs at once’
SEC has to rule on ARK’s application for a Bitcoin ETF by August 13th. Cathie Wood expects the financial regulator to extend that deadline. A...
: Beyond Meat’s stock is getting fried because revenue is plummeting
Beyond Meat's stock is being grilled after the maker of plant-based meats announced a precipitous drop in revenue and reduced its full-year 2023 net revenue...
Earnings Results: Five9 stock drops 10% after hours as revenue outlook comes in light
Five9 shares dropped after hours Monday as the cloud software company's revenue forecast for the current quarter was light.
Earnings Results: Lucid’s stock rises after EV maker keeps 2023 production guidance intact
Lucid Group Inc. shares rallied more than 6% in the extended session Monday after the luxury EV maker kept unchanged its 2023 production outlook despite...
In One Chart: Mortgage rates and gas prices push consumer ‘pain points’ to highest in over 20 years
The combined costs of a new 30-year fixed rate mortgage and a gallon of gasoline are the highest in more than two decades, according to...