$ServiceNow(NOW.US)$— The software stock tumbled 4% after ServiceNow released its latest quarterly figures. ServiceNow posted earnings per share of $2.28, beating a Refinitiv forecast of $2.02 per share. Revenue, meanwhile, matched a consensus estimate of $1.94 billion. $Levi Strauss & Co.(LEVI.US)$— The denim company jumped 7% after its earnings and revenue for the fourth quarter came in above expectations. The company also shared full-year guidance showing ...
Always Hungryy :
good earnings results from everyone else this week will boost up prices for the whole week, then my stock is gonna blow away the market on Friday!, oh I am so looking forward to this week!
RDK79 :
Amazing how everyone wants / expects great earnings during a long period of interest rate hikes that are designed to slow things down. Trying to figure out if this makes sense. I would think some companies would be impacted and some not. I never see this built into any analysis.
CNBC’s Jim Cramer on Friday offered a list of stock picks for investors who are bullish on cloud computing but cautioned that he believes there’s more pain to come. “I recommend using this incredible rebound actually as a rare opportunity to sell the weaker cloud stocks into strength,” he said. $ServiceNow(NOW.US)$$Datadog(DDOG.US)$$CrowdStrike(CRWD.US)$
ServiceNow, Inc. engages in the provision of enterprise cloud computing solutions. The firm delivers digital workflows on a single enterprise cloud platform called the Now Platform. Its product portfolio is focused on providing Information Technology, Employee and Customer workflows. The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, CA.