Xaume Olleros | Bloomberg | Getty Images— Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its better-than-expected quarterly results. Revenue came in at $215.9 million, higher than the estimated $209.1 million, according to Refinitiv. Slack reported a loss of 0 cents per share, while analysts expected a loss of 3 cents per share. Slack did not reinstate billings guidance due to the volatile environment, which could be denting the stock.
— Shares of the ride hailing company rose 1.5% after the bell on Tuesday after the company released a business update that showed in the first week of September, rides reached a high since April. September's first week level showed rides down less than 50% year-over-year.—Shares of the software company dropped more than 6% in extended trading on Tuesday after providing disappointing earnings guidance for the third quarter.
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Slack, Lululemon, Peloton, Chewy, and Other Stocks for Investors to Watch This WeekMarkets are closed for Labor Day. Then, earnings reports from Lululemon, Slack, Peloton, Kroger, Chewy, and Oracle. Plus, inflation data and an ECB decision.
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Tech stocks continue biggest sell-off in months — what Cramer and others see aheadTechnology stocks remain under pressure as Wall Street sours on 2020's former leaders, but market watchers see more green ahead. TradingNation Gold Shortages are upon us. Buy your bullion now..and gold and silver stocks. Free cash flow for these companies is what Warren Buffett saw in Barrick. Buy now. It's coming!!! Sandstorm Gold is making SO much $$ at $1700 gold!!! TradingNation Overdone. I would be a buyer right now TradingNation Got a feeling this ran out of runway, and the next rally will be in crypto. Got Bitcoin?
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These are JPMorgan's favorite stocks for SeptemberNew for subscribers: These are JPMorgan's favorite stocks for September Check out CNBCPro today. Pro If you don’t have a PRO subscription… Pro JP Morgan has already bought these stocks. Now they want the dumb money to pour in so they can cash out. Pro
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