Author: super@dmin
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Earnings Results: Cloudflare stock drops more than 10% after results, outlook top Street view
Cloudflare Inc. shares fell in the extended session Thursday even after the cybersecurity company’s results and forecast topped the Wall Street consensus.
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Earnings Results: Atlassian stock drops 25% after earnings, potentially wiping away more than $10 billion in valuation
Atlassian Corp. shares dropped in the extended session Thursday after the business collaboration software company’s earnings and revenue outlook fell short of Wall Street expectations.
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Earnings Results: Coinbase prepares for likely worse 2023, Q3 revenue drops more than 50%
Shares of Coinbase Global Inc. fall more than 3% in the extended session Thursday after the cryptocurrency exchange reported wider quarterly losses and a 54% drop in revenue, saying the headwinds for its business will continue and likely intensify next year.
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Earnings Results: Starbucks stock rallies as results top expectations, helped by a boost in U.S. sales
Starbucks Corp. on Thursday reported fiscal fourth-quarter results that beat expectations, helped by a boost in U.S. sales, sending shares higher in after-hours trading.
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: Inflation should send holiday sales to a record high, even as retailers scale back seasonal hires, industry group reports
Even as inflation stretches consumers’ budgets, retailers are expected to yet again break sales records this year and hire far fewer workers.
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Distributed Ledger: Why U.S. midterm elections matter to crypto, and how
A weekly look at the most important moves and news in crypto and what’s on the horizon in digital assets.
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Earnings Results: Twilio’s stock tumbles as quarterly loss, outlook spook investors
Shares of Twilio Inc. drops as much as 17% in extended trading Thursday after the customer-engagement technology company reports mixed fiscal third-quarter results that meet Wall Street analysts’ forecasts, but a hefty quarterly loss and sales forecast seems to spook investors.
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Earnings Results: PayPal earnings forecast heads higher, but the stock is heading lower yet again
PayPal Holdings Inc.’s cost-savings story began to play out in the latest quarter as the company beat expectations and raised its full-year forecast on the bottom line, though PayPal also reduced its 2022 revenue forecast in light of the economic climate.
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Earnings Results: Block stock rockets higher after earnings as Cash App Card shows strong growth
Shares of Block Inc. were rising 14% in after-hours trading Thursday after the payment-technology company exceeded expectations with its latest earnings and gross-profit figures.
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Earnings Results: DoorDash orders hit all-time records as growth continues; stock shoots higher
DoorDash Inc. handily beat third-quarter revenue expectations and reported all-time highs in total orders and gross order value, though the food-delivery company’s quarterly loss was wider than expected in results reported Thursday.