Adobe Stock Is Falling After Hours. Earnings Guidance Was Disappointing.

Text size Software giant Adobe’s light guidance overshadowed a strong fiscal-second-quarter report. Dreamstime Adobe stock is losing ground in late trading Thursday after the provider of software for creativity, marketing, and documents provided softer-than-expected guidance for both the August quarter and the full fiscal year ending in November. Adobe is feeling the effects of both … Read more

DocuSign Stock Tumbles on Cut to Outlook

Text size DocuSign reported fiscal first-quarter earnings well below Wall Street’s estimate. Tiffany Hagler-Geard / Bloomberg DocuSign (ticker: DOCU) shares are sharply lower in late trading Thursday after the e-signature company cut its guidance for the January 2023 fiscal year. DocuSign ‘s business thrived during the pandemic, but has been slowing for the last couple … Read more

Canopy Growth Stock Is Falling As Earnings Disappoint Wall Street

Text size Canopy Growth reported a 36% drop in revenue from Canadian recreational cannabis sales compared to the same quarter a year ago. Chris Roussakis / Bloomberg Canopy Growth stock is plummeting after the marijuana company delivered financial results that fell short of expectations. The Canadian cannabis company (ticker: CGC) posted a per-share loss of … Read more

Deere Beats Earnings Estimates and Raises Guidance. The Stock Falls Anyway.

Text size Deere has earned more than expected for 10 consecutive quarters. Mark Hirsch / Getty Images Deere reported fiscal second-quarter earnings that beat Wall Street expectations. Full-year earnings guidance was raised too. The stock fell anyway on Friday. Deere (ticker: DE) reported earnings per share of $ 6.81 from sales of $ 13.4 billion. … Read more

Coinbase Earnings Reveal Large Loss, Zinc Stock

Text size Coinbase reported a loss of $ 1.98 a share on sales of $ 1.165 billion. Michael Nagle / Bloomberg Coinbase Global stock was tumbling after the Bitcoin broker reported a larger-than-expected loss. Coinbase shares fell 14% in after-hours trading on Tuesday, after dropping 12.6% ahead of the earnings report. Coinbase stock is down … Read more

Palantir Earnings and Outlook Fall Short of Estimates. The Stock Tumbles.

Text size Palantir guided to a ‘base case’ of $ 470 million in revenue for the second quarter. Dreamstime Palantir Technologies posted soft first-quarter results, along with June quarter guidance that fell shy of previous Wall Street forecasts. Global economic and geopolitical forces appeared to be weighing on the company’s near-term outlook, although Palantir’s long-established … Read more