Tag: NASDAQ:DUOL
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Airbnb Stocks Drop 8% Amid Bleak Outlook; Bumble Surges 14% on Global Download Rise, and More in Earnings
Airbnb (NASDAQ:ABNB) – Airbnb’s shares fell 8.4% in pre-market trading despite surpassing first-quarter expectations with earnings per share of 41 cents, compared to the expected 24 cents, and a revenue of $2.14 billion, beating the forecast of $2.06 billion. However, the company provided a less optimistic outlook for the future. Airbnb projected second-quarter revenue to…
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U.S. Futures Slightly Dip Amid Corporate Earnings and Quiet Economic Calendar, Oil Prices Fall
U.S. index futures show slightly negative fluctuations on a day with a limited economic agenda, as investors await statements from key Federal Reserve officials. Throughout the day, figures such as Vice Chairman Philip Jefferson, Boston Fed President Susan Collins, and Fed Director Lisa Cook are expected to share their perspectives, potentially influencing market expectations. At…
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Apple to Invest $250 Million in Singapore Expansion, Oracle Commits $8 Billion to Japan Infrastructure, and More News
Apple (NASDAQ:AAPL) – Apple plans to invest over $250 million to expand its operations in Ang Mo Kio, Singapore, with two buildings acquired in 2022 undergoing a major upgrade. CEO Tim Cook emphasized the importance of connecting with the local community. Oracle (NYSE:ORCL) – Oracle announced on Wednesday an investment of more than $8 billion…
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Duolingo Shares Soar Following Stellar Earnings Report
Shares of the popular language learning platform, Duolingo (NASDAQ:DUOL), experienced a significant surge, climbing more than 20% in early trading on Thursday. This impressive rally was sparked by the company’s recent earnings report, which not only exceeded expectations but also highlighted the robust growth and potential of the educational tech sector. Duolingo reported a remarkable…
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Snowflake Stock Plummets 20.3% After CEO Transition; C3.ai, Okta, and Duolingo Surge Post-Strong Quarterly Reports, and More
Snowflake (NYSE:SNOW) – Snowflake’s shares plummeted 20.3% following the announcement of CEO Frank Slootman’s retirement, replaced by Sridhar Ramaswamy, former head of advertising at Google. Fourth-quarter sales rose 32% to $774.7 million, but operating losses widened to $275.5 million. The revenue forecast for the first quarter fell short of expectations. Okta (NASDAQ:OKTA) – Okta’s shares…
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Thursday’s Wall Street Highlights: Nvidia, Duolingo, Disney, Virgin Galactic, Applovin, and more
U.S. index futures are mixed in Thursday’s pre-market, reflecting a scenario influenced by both divergent quarterly results and unfavorable economic indicators emerging from China. Investors are eagerly focusing on the upcoming speech by Jerome Powell, Chairman of the Federal Reserve, in search of signals that could guide market trends. At 06:34, Dow Jones futures (DOWI:DJI)…