Eventbrite stock down 27% from earnings guidance

[ad_1] Eventbrite gave a surprise to its shareholders on Thursday: a plane ticket aboard a stock market crash tower. The company's shares have lost more than a quarter of their value due to disappointing earnings and poor prospects. First quarter sales revenue grew 9% – below the 21% rate for the full year of 2018 … Read more

United States Steel (X) Q1: Profits and Revenues Exceed Estimates

[ad_1] United States Steel (X) posted a quarterly profit of $ 0.47 per share, exceeding the Zacks consensus estimate of $ 0.17 per share. This compares to a profit of $ 0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a profit surprise of 176.47%. A quarter … Read more

Do not expect the Fed to bow

[ad_1] CNBC's Jim Cramer on Thursday said it's a "lunatic theory" to think that Federal Reserve Chair Jerome Powell let the market down by President Donald Trump's call to cut interest rates. "That is insane." Look, I'm a big believer that the president has everything right to complain about Powell's moves, "the" Mad Money "host … Read more

Facebook's secret cryptocurrency payment system is apparently named "Balance Project"

[ad_1] Image: Getty Facebookcoin, or what we call this, would be about to become a reality. Following previous reports that such a project was underway, the Wall Street Journal, citing sources familiar with the matter, reported Thursday that Facebook was in talks with "dozens" of financial groups about its cryptographic initiative. super secret currency, which … Read more

Why did Lyft's shares lose 24% last month – The Fool Motley

[ad_1] What happened Actions of Lyft (NASDAQ: LYFT)No. 2 in the country, the carpooling service was confronted with the reality in April after the sharp fall of the title following the sharp increase of March 29, the day of its opening. Skepticism about the future of the company has increased because it still loses nearly … Read more

Cognizant eliminates forecasts for 2019 due to weaker financial demand in the health sector

[ad_1] (Reuters) – Cognizant Technology Solutions Corp. has nearly halved its revenue forecast for 2019 after missing first-quarter results as the IT and outsourcing company faces stagnant demand in its financial and health sectors. Stocks dropped nearly 6% after normal trading hours before reducing losses. They fell sharply just before markets closed after the publication … Read more

Gilead Sciences Stock gains ground

[ad_1] Photograph of David Paul Morris / Bloomberg Text size Gilead Sciences The shares (ticker: GILD) rose after trading hours on Thursday after biotechnology reported a first-quarter profit slightly higher than estimates. The story back. Gilead started the year on the wrong foot, after its fourth quarter earnings exceeded expectations. The stock was then confronted … Read more