Wynn Macau Ltd. shares fell Friday after the company announced plans to issue convertible bonds, a move that analysts say is an effort to strengthen its balance sheet.
Category: Market Watch
Snowflake reduces revenue growth target, and the stock is falling
‘Change in existing customer purchasing behavior’ leads to decrease for Snowflake’s new product revenue forecast, shares dive 7% in extended session
Dow ends fractionally higher, but S&P 500 and Nasdaq fall as bond yields climb
U.S. stocks closed mostly lower Wednesday to start March, after the release of weak economic data, a further rise in bond yields, and remarks by several Federal Reserve officials reiterated the need for higher interest rates to combat inflation.
Cisco Systems Inc. stock outperforms market despite losses on the day
Shares of Cisco Systems Inc. CSCO, -0.17% sank 0.17% to $48.34 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.02% rising 0.02% to 32,661.84 and the S&P 500 Index SPX, -0.47% falling 0.47% to 3,951.39. This was the stock’s second consecutive […]
Okta’s stock jumps more than 14% as earnings forecast doubles expectations
Okta CEO tells MarketWatch that small and midsize businesses ‘are not buying as much as we expected,’ but an ability to sell more products to existing customers is helping the software company
First Resources Shares Climb After 2022 Net Profit Doubles
First Resources Ltd. shares rose sharply Wednesday after the Singapore-listed company’s 2022 net profit doubled, mainly owing to higher average selling prices of palm oil.
Microsoft Corp. stock outperforms competitors despite losses on the day
Shares of Microsoft Corp. MSFT, -0.30% dropped 0.30% to $249.42 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.30% falling 0.30% to 3,970.15 and Dow Jones Industrial Average DJIA, -0.71% falling 0.71% to 32,656.70. Microsoft Corp. closed $66.53 below its 52-week high […]
Hutchison Telecommunications Shares Fall After Posting 2022 Loss
Shares of Hutchison Telecommunications Hong Kong Holdings Ltd. dropped on Wednesday, after the telecommunications carrier said it swung to a loss in 2022.
Dow ends at lowest level of year, stocks cement February losses
Dow posts biggest monthly percentage decline since September