Atlassian plummets more than 20% on weak earnings report and disappointing forecast
Atlassian’s free users are also converting to paid customers more slowly.
Bond-based ETFs entice balance-seeking investors
As investors weigh the timing of a potential pivot from the Federal Reserve away from rising rates, more traders are seeking balance with longer-dated bonds.
Virgin Galactic CEO outlines remaining steps before commercial spaceflight service begins next year
Virgin Galactic CEO Michael Colglazier outlined the remaining steps before the space tourism company aims to launch its long-delayed service next year.
Carvana tumbles after posting declines in nearly every aspect of the car reseller’s business
Shares of Carvana fell in extended trading Thursday after the online used car retailer missed Wall Street’s top- and bottom-line expectations for the third quarter.
DoorDash stock surges after sales beat expectations
DoorDash reported better-than-expected sales and total orders for the third quarter.
Shares of Block jump on earnings beat
Block stock rose in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit.
U.S. faces pandemic crossroads with Covid deaths still too high and new omicron variants emerging, Fauci says
White House chief medical advisor Dr. Anthony Fauci said Covid deaths are too high heading into the winter.
Twilio shares plunge 34% on light guidance
Twilio is taking steps to be more efficient in its operations as it aims at adjusted operating profitability in 2023. Layoffs are a part of that effort.
Facebook parent company Meta is now the worst performer in the S&P 500 this year
Meta shares are down roughly 73% over the past year, putting the social networking giant at the bottom of the stock market index.
Starbucks U.S. sales climb as customers spend more on pricey drinks
Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.
