GTLB Stock Drops Over 30% as GitLab Issues Misses Forecast Revenue

The GTLB stock came under severe selling pressure in the aftermarket hours on Monday since the projected revenue stood less than the estimates. On Monday, March 13, GitLab Inc (NASDAQ: GTLB) stock plu...

Stock slides as its 2023 production forecast misses the mark

Rivian (RIVN) shares are sliding after the EV maker reported mixed Q4 results and a production forecast that missed the mark. The company said its new production forecast for 2023 will be 50,000 vehic...

Norwegian Cruise Line Misses Earnings Estimates. The Stock Is Falling.

Norwegian Cruise Line Holdings stock tumbled Tuesday as the company posted a wider-than-expected loss and provided disappointing guidance for 2023. Cruise operator Norwegian (ticker: NCLH) posted an a...

Lucid stock slides as EV-maker misses on revenue

Lucid stock is sliding following the EV-maker’s huge revenue miss for the quarter on deliveries that fell well short of expectations. Lucid reported Q4 deliveries of 1,932 vehicles, missing esti...

Deeply inverted Treasury curve narrowly misses reaching 41-year milestone

A bond-market gauge of impending U.S. recessions fell just shy of reaching its most negative reading since October 1981, when interest rates were 19% under Paul Volcker’s Federal Reserve. That gauge, ...

Chipotle earnings misses estimates on revenue, earnings, same-store sales

Chipotle Mexican Grill (CMG) reported quarterly results that missed expectations on Tuesday, sending shares down more than 5% in after-hours trading. In its fourth-quarter results, Chipotle posted sam...

Qualcomm stock falls after forecast misses, CEO says inventory issues will persist

Qualcomm Inc. shares turned lower in the extended session Thursday after the chip maker forecast that inventory clearance would persist in the first half of the year, knocking the chip company’s outlo...

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8% year-over-...

Bed Bath & Beyond Misses Interest Payments. The Stock Soars.

Bed Bath & Beyond failed to make interest payments on its bonds just weeks after the company warned it was considering filing for bankruptcy, yet the stock is surging higher. The company was due t...

Alphabet misses on earnings expectations, as ad revenue falls

Google parent Alphabet (GOOG, GOOGL) announced its Q4 earnings after the bell on Thursday, falling just short of expectations on revenue and earnings per share. As advertising fell year-over-year. Her...

Chip giant misses Wall Street expectations, Q1 guidance disappoints

Intel (INTC) reported its Q4 2022 earnings after the bell on Thursday, missing analysts’ expectations as the chip industry continues to struggle with slowing consumer and enterprise demand. What...

Microsoft stock dives into the red after forecast misses, CFO warns about deceleration

Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration at the end of 2022 is expected to continue into the new year as the compa...

Barrick Misses Gold Guidance as Output Sinks to 22-Year Low

(Bloomberg) — Barrick Gold Corp.’s bullion output slid last year to its lowest level since 2000, missing analysts’ expectations and its own target as operational woes curbed production. Most Rea...

Ooki DAO misses lawsuit response deadline, default judgment on the cards

The Commodity Futures Trading Commission (CFTC) has begun the process of getting a default judgment in its case against Ooki DAO after the decentralized autonomous organization (DAO) missed the deadli...

World’s Biggest Chipmaker TSMC Misses Sales Forecasts as Demand Wanes

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. recorded its first quarterly revenue miss in two years, signaling the global decline in electronics demand is starting to catch up with the c...

XPeng stock just misses a record selloff, snaps 5-day win streak

The U.S.-listed shares of XPeng Inc. plunged Friday to snap a five-day win streak, as price cuts by Tesla Inc. in China soured sentiment toward China-based electric vehicle makers. The stock XPEV, -15...

Solar Power From Space, Tesla Misses Expectations And New EVs For 2023

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. CalTech In the 1941 short story “Reason,”...

Rivian stock hits 52-week low after company misses 2022 production target

Employees work on an assembly line at startup Rivian Automotive’s electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a ...

Tesla Rival Rivian Narrowly Misses Its Bet

It’s a horrible year that ends on a false note.  But this is not really a surprise either for investors or for Rivian shareholders.  The upstart, seen as one of Tesla’s most serious rivals...

Tesla Misses Delivery Estimates. Now Wall Street Is Worried About This.

Tesla ‘s fourth-quarter deliveries disappointed, and shares are dropping again. Wall Street analysts are cutting price targets, worried about not only electric-vehicle demand, but profit margins too. ...

Tesla Delivers Record 405,278 Cars in Quarter But Misses Target

(Bloomberg) — Tesla Inc. delivered fewer vehicles than analysts expected last quarter, missing estimates despite taking the unusual step of offering hefty incentives in its two biggest markets. ...

Tesla Posts Record Q4 Deliveries, But Misses Street Estimates

Tesla  (TSLA) – Get Free Report posted weaker-than-expected fourth quarter deliveries, the carmaker detailed Monday, but still notched a all-time high overall tally for the year amid the biggest...

Tesla Posts Record EV Deliveries In Fourth Quarter – But Misses Expectations

Tesla CEO Elon Musk visiting the company’s Giga Berlin plant in Gruenheide, Germany. AFP via Getty Images Tesla, the world’s leading maker of electric vehicles, reported a record volume of deliv...

Key Inflation Gauge Cools, US Consumer Spending Misses Forecasts

(Bloomberg) — The Federal Reserve’s preferred inflation measures eased in November while consumer spending stagnated, suggesting the central bank’s interest-rate hikes are helping to cool both p...

$134 million just misses expectations

Avatar: The Way of Water Courtesy: Disney Co. James Cameron’s “Avatar: The Way of Water” fell short of lofty box office expectations, but international ticket sales spark hope that t...

SBF misses the Senate hearing but promises to testify to the House: Law Decoded

Welcome to Law Decoded, your weekly digest of all the major developments in the field of regulation. So, Sam Bankman-Fried, public enemy number one, won’t appear in front of Senators on Dec. 14, as he...

Sam Bankman-Fried misses deadline to respond to testimony request, now what?

Crypto’s public enemy number one, Sam Bankman-Fried has missed a crucial deadline to confirm his appearance at an upcoming Senate Committee hearing. The former FTX CEO missed a Thursday 5:00 pm ET on ...

Costco Misses Earnings and Revenue Expectations

Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday. Investors had been wary headed i...

Crypto trading firm Auros Global misses DeFi payment due to FTX contagion

Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) decentralized finance (DeFi) loan. Institutional credit ...

Cryptocurrency firm Auros Global misses DeFi payment, thanks to FTX

Cryptocurrency trading firm Auros Global has missed a loan repayment of 2,400 Wrapped Ether (wETH) worth $3 million. The update was shared by the institutional credit underwriter M11 Credit which mana...

CrowdStrike Tumbles After Revenue Forecast Misses Estimates

(Bloomberg) — CrowdStrike Holdings Inc. fell as much as 19% in extended trading on Tuesday after the cybersecurity company gave a revenue outlook for the current period that fell short of analys...

CRWD Stock Plunges On Weak Forecast As Key Metric Misses Views

CrowdStrike Holdings (CRWD) late Tuesday reported October-quarter profit and revenue that topped estimates. But the CrowdStrike earnings outlook came in well below Wall Street targets and CRWD stock p...