technology

Cloudflare stock drops more than 15% after outlook forecasts possible loss

Cloudflare stock drops more than 15% after outlook forecasts possible loss

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Cloudflare Inc. shares dropped in the extended session Thursday after the cybersecurity company’s quarterly results slightly beat Wall Street expectations, but its bottom-line forecast for the current quarter indicated a possible miss in its next report. Cloudflare  NET, -13.93% shares fell more than 15% after hours, following a 14% drop in the regular session to …

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Lyft stock falls after rider numbers come up just short, but execs say demand is increasing

Lyft stock falls after rider numbers come up just short, but execs say demand is increasing

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Lyft Inc. said Tuesday that it had a better-than-expected first quarter, with ride-hailing volumes hitting “a new COVID high,” according to Chief Executive Logan Green. After beating most expectations by analysts but falling slightly short of ridership estimates, Lyft LYFT, -2.35% shares initially increased more than 2% initially before falling sharply, about 6%. They dropped …

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I’m 60 and a single mother. My daughter, 17, has a developmental disability. How do I make sure she’s taken care of after I’m gone?

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how?

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Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of my house. I am unsure what to do with this and have considered contacting a financial …

I’m 61, left my job due to medical reasons, and made $150,000 from the sale of my home. I’d like to work for at least another 5 years. Can I still retire? If so, how? Read More »

Stock futures are lower ahead of inflation data, with tech under pressure after Apple, Amazon disappointment

Stock futures are lower ahead of inflation data, with tech under pressure after Apple, Amazon disappointment

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Stock futures were moving mostly lower on Friday, with tech stocks set to lead the way south after disappointing results from industry giants Amazon.com Inc. and Apple Inc. Investors are awaiting key inflation data, as well as more results from major energy companies such as Exxon Mobil Inc. How are stock-index futures trading? S&P 500 …

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KLA confirms supply-chain issues for chip-equipment companies, but stock still ticks higher

KLA confirms supply-chain issues for chip-equipment companies, but stock still ticks higher

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KLA Corp. shares ticked higher in the extended session Thursday after the chip-equipment maker’s quarterly results topped Wall Street estimates, but the forecast confirmed a supply-constrained environment that was also cited by rivals. KLA  KLAC, +5.71% shares were up less than 1% after hours, following a 5.7% gain in the regular session to close at …

KLA confirms supply-chain issues for chip-equipment companies, but stock still ticks higher Read More »

Qualcomm stock rises as record results, outlook blow past Street estimates

Qualcomm stock rises as record results, outlook blow past Street estimates

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Qualcomm Inc. shares rallied in the extended session Wednesday after the chip maker’s record quarterly results and strong outlook blew past all Wall Street estimates. Qualcomm QCOM, +1.20% reported second-quarter net income of $2.93 billion, or $2.57 a share, compared with $1.76 billion, or $1.53 a share, in the year-ago period. The chip maker reported …

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U.S. stock futures point to rebound for Wall Street, with Microsoft, Alphabet earnings in focus

U.S. stock futures point to rebound for Wall Street, with Microsoft, Alphabet earnings in focus

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A previous version of this report gave an incorrect date for the Federal Reserve Open Market Committee meeting in May. The story has been corrected. A view of the Nasdaq headquarters in Times Square, New York City, on April 6, 2022. MarketWatch/Kollmeyer U.S. stock futures were pointing to gains for Wall Street on Wednesday, with …

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Dow drops 700 points, Nasdaq slumps ahead of megacap tech earnings

Dow drops 700 points, Nasdaq slumps ahead of megacap tech earnings

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U.S. stocks were trading sharply lower Tuesday afternoon, failing to build on the previous session’s bounce, as investors sift through a raft of company results and await earnings reports due after the bell from tech giants including Microsoft Corp. and Google parent Alphabet Inc. How are stock indexes performing? The Dow Jones Industrial Average DJIA …

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Even if Musk let Trump back on Twitter, Trump says he's not interested

Even if Musk let Trump back on Twitter, Trump says he’s not interested

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Billionaire Elon Musk’s move to buy Twitter has sparked tweets about how former President Donald Trump might end up getting reinstated on the platform, given that Musk has referred to himself as a “free speech absolutist.” But Trump himself said in mid-April that he had no interest in returning to Twitter TWTR, +5.66%. In an …

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Twitter taking a second look at Elon Musk's takeover offer

Twitter taking a second look at Elon Musk’s takeover offer

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Twitter Inc. is re-examining Elon Musk’s $43 billion takeover offer after the billionaire lined up financing for the bid, in a sign the social-media company could be more receptive to a deal. Twitter TWTR, +3.93% had been expected to rebuff the offer, which Musk made earlier this month without saying how he would pay for it. But after he disclosed …

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