Netflix's third quarter was strong, but the fourth quarter is currently looking to be weaker than analysts expected.
The company posted a 14% increase in cloud revenue to $5 billion while its global business services segment brought in $4.1 billion.
Workday is down sharply after indicating its core HCM software business will see slowing growth, and it's taking many enterprise software peers lower with it.
Let's check the charts and indicators of KBR to see if we want to join in from the long side.
According to a recent survey, 25% of IBM customers are planning to slash spending in 2020, while just 19% plan to increase it.
Citi downgrades shares of Adobe to neutral because of dimming visibility in the company's growth and margin prospects.
RBC nonetheless sees a `durable' growth story. Other analysts express concern about valuation and software firm's ability to monetize new products.
Netflix reports after the bell Wednesday, here's what you should expect to hear about Disney+.