Nutanix stock drops as results trigger fear of ‘the cockroach theory’

Nutanix Inc. shares fell Tuesday after incomplete results and the disclosure of an investigation into reported costs led one analyst to voice concern about “the cockroach theory.” Nutanix NTNX, -7.89%...

CrowdStrike, Stitch Fix, Tesla, Occidental, SoundHound, and More Market Movers

Text size CrowdStrike’s outlook for the fiscal first quarter and year was higher than analysts’ estimates. Dreamstime Stock futures edged higher Wednesday following a session in which stocks sold off ...

CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says

CrowdStrike’s strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst.   D.A. Davidson analyst Rudy Kess...

CrowdStrike stock rallies as forecast shows confidence in new approach

CrowdStrike Holdings Inc. shares rose in the extended session Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they are targeting the tough-to-close...

Troika Media reports earnings, stock sinks after sharp gain Monday

Shares of branding and marketing company Troika Media Group Inc. TRKA, -26.85% fell 51% after hours to 28 cents, following a 27% decline in the regular session after it reported financial results. On ...

BlackBerry Stock Dives on Latest Numbers as Revenue Forecast Disappoints

BlackBerry stock tumbled Tuesday, the morning after the Canadian cybersecurity firm released preliminary fiscal-year figures that disappointed Wall Street. The company said Monday evening that it expe...

Rivian Stock Drops After the EV Start-Up Announced Plans to Raise $1.3 Billion

Electric truck start-up Rivian Automotive is getting into convertibles? Well, yes—but not the kind of convertibles car buyers think of when they hear the word. Rivian (ticker: RIVN) is raising more ca...

As chip sales dry up, Nvidia CFO says spending on AI will save companies money

Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...

GE Stock Hits a New High After an Old Bear Went Into Hibernation

Shares of General Electric hit a new intraday high Monday after an analyst who had been the company’s biggest bear dropped his coverage. J.P. Morgan analyst Stephen Tusa, whose $50 price target on the...

20 income-building stocks that numbers say may become elite Dividend Aristocrats

Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years. Now it is time for a fo...

BridgeBio Stock Surges on Dwarfism Drug Data. It’s Bad News for BioMarin.

BridgeBio Pharma stock was soaring after the biopharmaceutical company reported positive results in a Phase two clinical trial for an experimental treatment for achondroplasia, the most common type of...

Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential

Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...

Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.

Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...

Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone

On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...

Tesla, Apple, Ciena, and More Stock Market Movers

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Big Fund Slashes Stakes in Chip Stocks AMD, Intel, Nvidia, and Micron

Caisse de Depot et Placement du Quebec, Canada’s second-largest public pension, posted a negative annual return in 2022, the first time since the financial crisis. But the pension did beat the market....

Silicon Valley Confronts the End of Growth. It’s a New Era for Tech Stocks.

Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...

Buy Boot Barn Stock. Cowboy Chic Is Hot, And It’s No Fad.

There are plenty of pitfalls when it comes to mixing form and function, but the latest wave of “Westerncore” sweeping the U.S. looks to have staying power. The scramble for shearling-collar coats and ...

In Tech’s New World, Layoffs and Buybacks Are In, Mergers Are Out

Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...

Twitter Reports 40% Drop in Revenue and Adjusted Earnings to Investors: WSJ

Elon Musk’s Twitter told investors its revenue and adjusted earnings fell approximately 40% year-over-year in December, The Wall Street Journal reported on Friday. The Journal, citing people familiar ...

Giant Pension Sells Caterpillar and Microsoft Stock, Buys Comcast and Visa

One of the largest Canadian pensions made major changes in its U.S.-traded portfolio. Ontario Teachers’ Pension Plan sold all its Caterpillar stock (ticker: CAT), slashed a Microsoft (MSFT) investment...

Ford to raise production as U.S. auto sales start to recover

Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...

Apple and Meta Stock Buybacks Haven’t Been Equal. Here’s Why.

Investors love stock buybacks, but they don’t always spur the types of returns one might imagine. It takes a discerning eye to identify companies with buybacks that create significant gains for shareh...

Capital Gains and Dividend Tax Rates for 2022-2023

Investors who have taxable accounts—as opposed to tax-favored retirement accounts such as individual retirement accounts (IRAs) or 401(k)s—are often eligible for lower tax rates on investment income a...

Okta’s stock jumps more than 14% as earnings forecast doubles expectations

Okta Inc. shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more t...

Buy Chip Stock Broadcom on Strong Profitability, Analyst Says

Susquehanna is getting more bullish about the prospects for Broadcom stock, citing its robust profit margins and growth potential. On Wednesday, analyst Christopher Rolland reiterated his Positive rat...

Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up

Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...

Snowflake stock falls after earnings as forecast underwhelms

This update corrects the FactSet consensus for Snowflake’s fiscal first-quarter and fiscal 2024 product revenue. Shares of Snowflake Inc. fell more than 6% in after-hours trading Wednesday after the d...

Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist

Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...

Lowe’s Earnings Beat Estimates. Why the Stock Is Dropping.

Lowe’s earned more than expected in the fourth quarter but fell short in terms of revenue, warning of a slowdown in the home-improvement market and sending the stock tumbling. The company reported adj...

3M’s stock surges after company says 90% of earplug plaintiffs had ‘normal’ hearing

Shares of 3M Co. surged Wednesday after the maker of consumer, industrial and healthcare products said the U.S. Department of Defense’s records show that the “vast majority” of claimants in litigation...