These Stocks Are Moving the Most Today: C3.ai, GameStop, UiPath, ChargePoint, Yext, BlackBerry, WestRock, and More

Stock futures wavered Thursday as investors worried over the prospect of the Federal Reserve keeping interest rates higher for longer.Shares of C3.ai fell 9.9% after the artificial intelligence software provider forecast a wider-than-expected fiscal-year loss and withdrew its previous forecast that it would reach profitability on an adjusted basis by the end of fiscal 2024. Regarding artificial intelligence, CEO Thomas Siebel said the market opportunity was “immediate and we intend to seize it.

Adjusted second-quarter earnings from business- automation software company UiPath beat Wall Street expectations and the stock rose 5.6%. UiPath said its expects fiscal third-quarter revenue of between $313 million and $318 million, and fiscal-year revenue of between $1.27 billion and $1.28 billion. Analysts had been estimating fiscal-year revenue of $1.27 billion. UiPath’s board also authorized the buyback of $500 million of stock.

BlackBerry was down 11% after the cybersecurity company forecast second-quarter revenue of $132 million, below analysts’ estimates. BlackBerry said revenue was taking a hit “primarily due to certain large government deals not closing in the quarter.” Smurfit Kappa Group confirmed it was in talks with WestRock over a potential merger. The Wall Street Journal had reported that Europe’s Smurfit Kappa was nearing a deal to acquire WestRock in a move that would create a global paper and packaging company worth about $20 billion. WestRock shares rose 8.4%.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stocks making the biggest moves after hours: GameStop, American Eagle Outfitters and moreThese are the stocks posting the largest moves in extended trading.
Bron: NBCNewYork - 🏆 270. / 63 Lees verder »

Stocks to Watch Thursday: Apple, WestRock, GameStop↘️ Apple (AAPL): Apple shares traded down about 2.6% premarket, building on Wednesday's declines, as investors continued to assess the implications of [China’s ban on iPhone use for government officials](https://www.wsj.com/world/china/china-ban
Bron: WSJ - 🏆 98. / 63 Lees verder »

Airbnb, Tesla stocks rise, Manchester United, Softbank shares fall and other stocks on the moveAirbnb, Blackstone stocks rose after S&P 500 caretaker said it was adding them to the S&P 500 index.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

Japanese stocks climb for eighth day as Hong Kong stocks hold steadyAsia-Pacific stocks increased Wednesday, Sept. 6, with the Japanese market showing an eighth day of increases and shares in Hong Kong declining for the...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

Beige Book, Dave & Busters, GameStop earnings: 3 things to watch By Investing.comBeige Book, Dave & Busters, GameStop earnings: 3 things to watch
Bron: Investingcom - 🏆 450. / 53 Lees verder »

GameStop Corp. Cl A stock rises Tuesday, outperforms marketShares of GameStop Corp. Cl A rallied 4.40% to $19.23 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »