The software company with close ties to the U.S. military saw its stock plummet by double digits in less than two days.
Shares of travel technology company Sabre (NASDAQ:SABR) jumped 15% in the afternoon session after the company reported impressive fourth-quarter results, which beat analysts' EPS and EBITDA expectations, while sales were roughly in line. Adjusted EBITDA improved, benefiting from lower technology costs due to cloud migration savings and reduced labor expenses, though these gains were partially offset by higher incentive payouts in its Travel Solutions segment. This strong margin expansion contri
Shares of communications platform-as-a-service company Bandwidth (NASDAQ: BAND) fell 13.4% in the pre-market session after the company reported underwhelming fourth-quarter results: its revenue guidance for next year suggests a significant slowdown in demand, and it fell short of Wall Street's estimates. On the other hand, Bandwidth's revenue outperformed Wall Street's estimates. Overall, this quarter could have been better, as the solid revenue performance was overshadowed by a weaker demand ou
(Bloomberg) -- The US stock market can flip into a correction territory as retail and institutional buyers are running out of steam, according to Goldman Sachs Group Inc.’s Scott Rubner, the bank’s managing director for global markets and tactical specialist.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE C
Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.
Hasbro CEO Chris Cocks says overcoming tariffs would be a tough lift.
Walmart's CFO is looking to assuage fear among investors that 2025 won't be as strong as in recent years.
Energy is one of the top performers year to date. The driver is natural gas prices.
From Trump tariffs to AI overconfidence, investors are ignoring a lot of worries right now. That could be a dangerous sign for the stock market.
U.S. equities dropped at midday on Walmart's outlook and a surprising report on economic indicators.