Weak Revenue Spooks Stock Investors

U.S. stocks tumbled as technology stocks led a broad decline, following a round of disappointing quarterly reports.

Topics:  stock   
BING NEWS:
  • Why Did Roblox Stock Plunge After Raising Its Revenue Guidance? Is the Sell-Off a Buying Opportunity?
    That expectation of slower user spending subsequently sent the share plummeting. For its part, Roblox did say bookings growth was starting to pick back up, but it did want to take a more cautious view ...
    05/12/2024 - 9:44 pm | View Link
  • Robinhood Reports Record Revenue and Profit; Stock Retreats
    Analysts had expected a profit of 6 cents per share on revenue of $553 million, according to FactSet consensus estimates. The stock, which was up 40% this year as of Wednesday's close, jumped at the ...
    05/9/2024 - 9:04 am | View Link
  • Roblox’s stock tumbles after a big revenue miss, and worries about ‘engagement’
    Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a ...
    05/9/2024 - 7:01 am | View Link
  • Robinhood Stock Jumps After Company Reports Record Revenue and Profit
    Shares of Robinhood rose about 6% in postmarket trading Wednesday after the online brokerage reported record quarterly revenue and profits that topped Wall Street expectations. The company posted net ...
    05/8/2024 - 9:13 am | View Link
  • Robinhood set to report highest quarterly revenue since meme stock frenzy
    Trading app Robinhood Markets is expected to report its highest quarterly revenue in nearly three years, helped by a steady rebound in equity markets and crypto trading.
    05/7/2024 - 4:38 am | View Link
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