{"id":33826,"date":"2022-06-02T17:33:07","date_gmt":"2022-06-02T17:33:07","guid":{"rendered":"https:\/\/harchi90.com\/microsoft-chewy-gamestop-mongodb-more\/"},"modified":"2022-06-02T17:33:07","modified_gmt":"2022-06-02T17:33:07","slug":"microsoft-chewy-gamestop-mongodb-more","status":"publish","type":"post","link":"https:\/\/harchi90.com\/microsoft-chewy-gamestop-mongodb-more\/","title":{"rendered":"Microsoft, Chewy, GameStop, MongoDB & more"},"content":{"rendered":"
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Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016.<\/p>\n

Charles Platiau | Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Check out the companies making headlines on midday trading Thursday. <\/em><\/p>\n

Microsoft – Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft cited unfavorable foreign exchange rates as the reason for the move.<\/p>\n

Meta Platforms – Facebook’s parent company rose 4.8% after Sheryl Sandberg announced she is leaving her role as chief operating officer. Chief growth officer Javier Olivan will take over the position this fall.<\/p>\n

GameStop – Shares of the video game retailer rallied 9.4% after the company posted its quarterly results. GameStop reported $ 1.38 billion in revenue in its fiscal first quarter, up slightly from the $ 1.27 billion it reported in the year-ago quarter. But, it also reported a $ 157.9 million net loss, which is worse than the $ 66 million net loss in the year-ago quarter. <\/p>\n

Chewy – The pet e-commerce company soared 23.3% after reporting an unexpected profit in the previous quarter. Chewy shared earnings of 4 cents per share on $ 2.43 billion in revenue. Analysts expected a loss of 14 cents per share on $ 2.42 billion in revenue, according to Refinitiv.<\/p>\n

MongoDB – The database platform provider’s stock surged 17.8% after the company’s results for the previous quarter topped analyst expectations. MongoDB reported an unexpected profit of 20 cents per share on $ 285 million in revenue. Analysts had anticipated a loss of 9 cents per share on revenues of $ 267 million.<\/p>\n

Generac – The generator company’s stock jumped more than 9.7% after UBS named it a top pick. The investment firm said the downside for Generac’s core business was already priced into the market, and the company’s push into clean energy gave the stock significant upside.<\/p>\n

Hewlett Packard Enterprise – Hewlett Packard Enterprise dropped 5.5% after missing analysts’ forecasts on the revenues and earnings for the previous quarter. The company reported a profit of 44 cents per share on revenues of $ 6.71 billion, compared with a Refinitiv consensus estimates of 45 cents per share on $ 6.78 billion in revenue.<\/p>\n

PVH – The apparel company added 2.5% after beating Wall Street’s forecast on the top and bottom lines for the previous quarter. The Tommy Hilfiger and Calvin Klein owner reported a profit of $ 1.94 per share on $ 2.12 billion in revenue, compared to estimates of $ 1.61 cents a share on $ 20.9 billion in revenue.<\/p>\n

Hormel Foods – Shares of Hormel Foods fell 5.2% after the company trimmed its fiscal 2022 earnings guidance. The food company expects earnings per share to range between $ 1.87 and $ 1.97 after previously guiding for a profit between $ 1.87 per share and $ 2.03 per share.<\/p>\n

– CNBC’s Jesse Pound and Yun Li contributed reporting<\/em><\/p>\n<\/div>\n<\/div>\n

.<\/p>\n","protected":false},"excerpt":{"rendered":"

Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. Charles Platiau | Reuters Check out the companies making headlines on midday trading Thursday. Microsoft – Shares of the technology giant slipped 0.6% after Microsoft cut its earnings and revenue guidance for the fiscal fourth quarter. Microsoft cited unfavorable foreign exchange rates as the …<\/p>\n

Microsoft, Chewy, GameStop, MongoDB & more<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[230,229,116,118,13856,114,7916,1243,9949,13853,239,112,1348,2259,15923,13857,231],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/106939570-16312137412021-09-09t184655z_2067533641_rc2imp9qsldc_rtrmadp_0_health-coronavirus-microsoft.jpeg?v=1631213858&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/33826"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=33826"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/33826\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=33826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=33826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=33826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}