Check out the companies making headlines after the bell : Salesforce — Salesforce dropped 4% after providing weaker-than-expected guidance for the fiscal year. In the fourth quarter, the software company topped Wall Street's fourth-quarter expectations on the top and bottom lines. The software giant increased its buyback by $10...
Marc Benioff, co-founder and CEO of Salesforce, speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg | Getty ImagesSalesforce shares slid as much as 6% in extended trading on Wednesday after the business software maker issued a light...
Frank Slootman, CEO of Snowflake, on the day of the company's initial public offering on Sept. 16, 2020.CNBCSnowflake said Wednesday that CEO Frank Slootman, 65, is retiring, and will be replaced by former Google ad chief Sridhar Ramaswamy. The shares plunged 20% in extended trading.Ramaswamy, 57, spent 15 years...
Paramount Global missed revenue expectations for the fourth quarter Wednesday but posted a surprise quarterly profit and posted strong results from its streaming platform Paramount+.Here's how Paramount performed in the fourth quarter compared to Wall Street estimates from LSEG, formerly known as Refinitiv:Earnings per share: 4 cents vs. an...
With markets on edge over the direction of inflation, a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department's measure of personal consumption expenditures prices could add to evidence that inflation is stickier than some economists and policymakers had...
Check out the companies making headlines in midday trading. Beyond Meat — The plant-based meat company skyrocketed more than 40% following its revenue beat . Beyond Meat reported fourth-quarter revenue of $73.7 million, versus the $66.7 million consensus estimate, per LSEG. The company also said it would "steeply reduce"...
Hamad Medjedovic of Serbia plays a backhand to Arthur Fils of France in the final during day five of the Next Gen ATP Finals at King Abdullah Sports City on December 02, 2023 in Jeddah, Saudi Arabia. Adam Pretty | Getty ImagesSaudi Arabia's Public Investment Fund will become the official...
