News Formal

These Stocks Are Moving the Most Today: Salesforce, Okta, UBS, CrowdStrike, Chewy, and More

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Salesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a...

Stock futures traded higher as recent economic data have spurred hopes the Federal Reserve is nearing the end of its rates-hiking cycle. Investors will be awaiting the release Thursday of the central bank’s preferred inflation gauge, the Personal Consumption Expenditures Index.Salesforce , the cloud-based enterprise software provider, reported second-quarter earnings that beat analysts’ estimates and issued an outlook for the third quarter and fiscal year that also topped forecasts.

UBS Group gained 4.9% after the Swiss bank reported a second-quarter net profit of $29 billion following the integration of Credit Suisse, the former rival that was acquired in June. Chewy , the online seller of pet foods and accessories, reported a surprise second-quarter profit and higher-than-expected sales. The company finished the quarter with 20.4 million active customers, matching expectations but falling from a year earlier. Chewy said it expects third-quarter net sales of between $2.74 billion and $2.76 billion, below expectations of $2.79 billion. Chewy shares fell 5%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and moreThese are the stocks posting the largest moves in extended trading.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European markets open higher following UBS earnings; UBS up 6%European markets opened higher as investors assess UBS earnings.
Source: CNBC - 🏆 12. / 72 Read more »

European markets open higher following UBS earnings; UBS up 5%European markets opened higher as investors assess UBS earnings.
Source: NBCLA - 🏆 319. / 59 Read more »

Okta Earnings Top Estimates as Management Cites Better IT SpendingThe identity-management software company raised its financial forecasts for the full year, but the CEO said the firm is cautious about the short-term outlook.
Source: MarketWatch - 🏆 3. / 97 Read more »