Ciena Stock Plunges After Record Q2 Beat – Revenue Growth of 40% “Wasn’t Enough”
Ciena beat earnings and raised outlook but stock fell ~19% as investors wanted more; AI data demand still strong.
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Ciena beat earnings and raised outlook but stock fell ~19% as investors wanted more; AI data demand still strong.
Macquarie cut Broadcom to Neutral, warning Google will build its own chips, reducing Broadcom’s future growth and profits.
Petco lost money (-$0.05 EPS), but sales rose slightly, marking its first same-store growth in 2 years; outlook is steady, but a cautious Q2 view weighed on shares.
PVH cuts outlook as Middle East conflict hurts EMEA sales, despite strong growth in Americas and Asia; shares fall on cautious forecast.
Five Below beat expectations, but shares fell as rising costs and weaker shoppers raise concerns about future growth.
Despite beating Q1 estimates and raising full-year guidance, CrowdStrike shares plunged after hours as operating expenses surged 15% on heavy AI investments.