Smartsheet Inc. Class A News
AMD, Tesla, Nokia, Federal Reserve - 5 Things You Must Know Tuesday
Stock futures are mixed, a day after optimism over a U.S. recovery drove the S&P 500 to a fifth straight day of gains; the Federal Reserve begins a two-day meeting; AMD unveils 'Milan' chip; Nokia to cut 10,000 jobs.
Smartsheet Surges on Narrower-Than-Expected Loss, Upbeat Outlook
Company also names a new CFO as revenue tops analyst estimates.
Covid-19 Vaccine, Airbnb, Stitch Fix, China Tensions: 5 Things You Must Know Monday
Reports say the U.S. is preparing more sanctions on Chinese officials; Airbnb reportedly plans to boost the proposed price range of its IPO; Sports Illustrated announces the winners of its Sportsperson of The Year award.
Cloud Software Stocks Rip Higher After Strong Earnings from Snowflake, Others
Snowflake, Zscaler, Okta, Elastic and Crowdstrike all soundly beat their October quarter estimates on the back of strong revenue and billings growth.
Palantir's Bankers Reportedly Expect High First-Day Multiples
The trading price expected for Palantir would value it at more than $25 billion after accounting for recent stock and options grants.
Smartsheet's CEO Talks About the Impact of Remote Work, Slack and Microsoft Teams
During a talk with TheStreet, Smartsheet CEO Mark Mader said that the use of his company's software with Slack and Teams has risen sharply as of late.
Stupidly Bullish: Cramer's 'Mad Money' Recap (Tuesday 8/4/20)
It's not market manipulation, says Jim Cramer. He thinks it's clueless buying, and some investors will have no one to blame but themselves.
Smartsheet Craters on Weaker-Than-Expected Billings
Smartsheet also issues forecasts that trail expectations.
Six Software Stocks Downgraded as J.P. Morgan Says Virus Impact Underestimated
J.P. Morgan downgraded six software stocks, saying investors underestimate the coronavirus risk for them.
Fed Inflation Gauge Slowed Again in October, Supporting Dovish Powell
Further slowing in the Fed's preferred inflation gauge is adding heft to Chairman Jerome Powell's signals of smaller rate hikes.
Costco Stock Slides On Muted November Sales Ahead Of Q1 Earnings
Costco's slowing November sales growth echoes a warning on changing spending habits from Target.
Five Below Stock Surges On Q3 Earnings Beat, Improving Sales Trends
"We're really off to a very solid start to the quarter. It's in line with our forecast, and we see no reason for that to stop," said CEO Joel Anderson.
Dollar General Stock Slumps As Rising Costs Clip Q3 Earnings, 2022 Outlook
"We believe the majority of these and other gross margin pressures are largely temporary, and we are confident in our plans to drive greater supply chain efficiencies moving forward,' said CEO Jeff Owen.