Roku earnings top expectations, but its stock still sinks
Roku beat expectations with its latest results, but shares were tumbling 14% in Thursday’s extended session.
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Roku beat expectations with its latest results, but shares were tumbling 14% in Thursday’s extended session.
Toast Inc.’s stock initially jumped 16% before cooling in after-hours trading Thursday after the company posted strong quarterly sales.
Tom Lee, head of research at Fundstrat Global Advisors, says there's still too much 'dry powder' for stock markets to peak.
Cisco Systems Inc. announced a restructuring plan on Wednesday that includes job cuts of 5%, or about 4,200 people, on lower quarterly and fiscal-year guidance.
Judging by the explosive moves in Arm’s stock over recent days, Wall Street may have pegged the chip designer as the next big AI winner.