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DOWNBEAT FORECAST
US Stocks: Pinterest raises quarterly revenue forecast, boosted by tvScientific deal, shares rise 3%The acquisition of tvScientific, announced in December 2025, is Pinterest's first major deal since 2022. It integrates tvScientific's outco...
Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plungePinterest forecast first-quarter revenue below Wall Street estimates on Thursday, as it battles sharper cutbacks in ad spending by tariff-h...
Dow Jones crashes 600 points, S&P 500, Nasdaq plunge over 1% as investors digest Alphabet's capex plansIndian markets witnessed a downturn as tech giants like Alphabet and Qualcomm issued cautious outlooks, dampening investor sentiment around...
European shares retreat from record rally; earnings, US-China trade on tapEuropean shares retreated on Tuesday, pausing after a third consecutive record-high close on signs of easing Sino-U.S. trade tensions, as i...
CrowdStrike forecasts downbeat second-quarter revenue, shares fallThe Department of Government Efficiency's efforts to cut costs could negatively impact the cybersecurity forecast for 2025 as the US federa...
Qualcomm shares fall 5% on downbeat forecast for licensing businessShares of chipmaker Qualcomm fell about 5% in early trading on Thursday as a weak outlook for its patent licensing business outweighed stro...
Chipmaker NXP forecasts downbeat first-quarter revenue on soft demandThe high cost of electric vehicles and prolonged high interest rates have discouraged buyers for several quarters, resulting in a buildup o...
Adobe forecasts downbeat quarterly earnings on cautious tech spendingFounded in 1982, Adobe is one of the largest suppliers of software for visual and video artists, which include household names such as Acro...
Cybersecurity firm Zscaler's shares fall on dour annual forecastsThe forecast comes after peers Palo Alto Networks and SentinelOne boosted expectations with strong annual revenue forecasts as CrowdStrike'...
S&P 500 Q1 earnings estimated growth improves; stocks up for weekS&P 500 year-over-year earnings growth for the first quarter of 2024 is now seen at 5.6%, according to LSEG data on Friday. That is up from...
Intel shares slump over 12% as AI competition hurts forecastIntel shares slumped more than 12% on Friday after a downbeat forecast signaled that the boom in AI was diverting enterprise spending away ...
Adobe shares plunge 12% as downbeat forecast fans concerns about competition, AI effortsThe company expects about $440 million in net new annual recurring revenue for the digital media segment, which houses its cloud products f...
Adobe forecasts downbeat second-quarter revenueCompanies and individuals have shifted focus to cutting costs amid high-interest rates and a tough economy, pressuring growth at the Photos...
European shares subdued as NatWest drop outweighs energy gainsThe pan-European STOXX 600 was down 0.1% by 0711 GMT and was on track to end 0.2% lower for the week.
European stocks steady after three-day selloffEUROPE-STOCKS/ (URGENT)European stocks steady after three-day selloff
Tinder owner Match to lay off about 8% staff after downbeat forecastThe company has already cut jobs in the United States and the process is ongoing in other countries, chief financial officer Gary Swidler s...
Nike forecasts downbeat quarterly revenue on lingering China worries"We are taking a cautious approach to Greater China, given uncertainty around additional COVID disruptions," Nike Chief Financial Officer M...
European shares head for biggest weekly losses in two monthsThe pan-European STOXX 600 index declined 0.6% by 0709 GMT, with travel & leisure and technology stocks falling the most. Oil & gas stocks ...
PayPal gives downbeat earnings forecast, shares plunge"Paypal missed on their bottom line and their guidance came in light, that's a double whammy," said Jeff Tomasulo, chief executive officer ...
- BSE IT Index slumps as Infy forecast weak FY10
Shares of Infosys Technologies took a beating on Wednesday in reaction to the below-than-expected guidance for FY10 which weighed on invest...