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Shares of Netskope declined sharply Thursday after the company reported mixed fiscal 2027 first-quarter earnings, with underwhelming new annual recurring revenue. A slew of Wall Street firms lowered price targets on the cybersecurity company. Netskope stock sank 18% to $10.17 on Thursday, putting it on pace for its largest ever daily percentage decline, according to Dow Jones Market Data.
Broadcom’s 15% slide in premarket trading has widely been blamed on guidance that merely held steady against Wall Street’s lofty expectations. But there might be more to the story. According to Ben Barringer, head of technology research at U.
Ciena stock fell after the optical gear maker's fiscal Q2 earnings and revenue modestly beat consensus estimates amid big share gains in 2026.
Investing.com -- Ciena Corporation (NYSE: CIEN) reported fiscal second-quarter results that exceeded analyst expectations, yet shares fell 5.7% premarket.
The cybersecurity company beat Wall Street estimates and lifted its full-year guidance, but investors sent the stock down roughly 11%
High-flying tech stocks were struggling on Thursday after Broadcom's so-so revenue guidance failed to impress investors. Futures tracking the Nasdaq 100 were 1.1% lower as the tech-heavy index lagged behind both the S&P 500 and Dow Jones Industrial Average.
Investing.com -- European semiconductor stocks fell on Thursday after Broadcom held its $100 billion artificial intelligence revenue forecast unchanged, disappointing investors and sending the U.S. chipmaker’s shares down more than 13% in premarket trading.
Jefferies and Morningstar raised their price targets on AVGO following the company’s report.
C3.ai Inc (AI) outlines its path to recovery with strategic restructuring and a focus on sales execution amid financial challenges.
CrowdStrike stock fell amid Q1 earnings and revenue that edged by consensus estimates. The company announced a four-for-one stock split.
Broadcom (AVGO) topped fiscal second quarter estimates for adjusted earnings ($2.44 per share vs. estimates of $2.39) and revenue ($22.19 billion vs. estimates of $22.13 billion). But that may not have been enough to impress Wall Street investors as the chip stock falls in Wednesday's extended hours trading. Market Domination Overtime's Josh Lipton takes a closer look at the fresh earnings print.
Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear. However, shares of the Palo Alto, California-based company fell more than 2% in extended trading. They had gained nearly 8% last week in the run up to earnings.
The medical device maker posts fiscal fourth-quarter earnings and revenue that narrowly beat analysts’ estimates.
(Updates to add job cuts in paragraph 5 and 6) GitLab (GTLB) reported Tuesday Q1 adjusted earning
GitLab stock rises after the software company reported better-than-expected fiscal first-quarter earnings and raised full-fiscal year guidance.
Executive Chairman Frank Holmes noted that Situational Awareness CEO Leopold Aschenbrenner disclosed a 13-F showing he bought HIVE at four times revenue.
UiPath Stock Slips After Earnings Miss Despite Strong AI Growth Outlook
Burlington Stores beats Q1 earnings and revenue estimates, posts its 14th straight quarter of double-digit earnings growth, and raises its FY26 guidance.
Super Micro Computer stock and other AI server companies were rising after Dell's blowout earnings.
Salesforce guided second-quarter revenue below expectations as investors weighed AI disruption concerns and Agentforce growth.
A strong quarter did little when Zscaler's guidance spooked investors already nervous about AI eating their lunch.
Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng reports a loss of 13 cents; Wall Street expected a loss of 10 cents.
Both XPeng and Li Auto reported a double-digit year-on-year decline in revenue, while still exceeding Wall Street expectations.
Costco Wholesale is the last major retailer to report results this earnings season. After multiple retailers noted, however cautiously, that consumers are still spending, investors will be looking to see if Costco does the same. For its fiscal third quarter, Costco is expected to earn $4.98 a share, a 16.3% increase from the year-ago period, on a 10% rise in revenue to $69.68 billion.
Salesforce expects average Q2 revenue at $11.3 billion, marginally missing expectations of $11.4 billion.
Investors weigh softer WATCHMAN and urology demand against a still-active device pipeline and capital deployment moves, today, May 27, 2026.
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