Cisco Falls After Earnings, McDonald's Sees Sales Growth, Zillow Tumbles

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

Cisco (CSCO) gave a weaker-than-expected forecast for profitability in the current quarter, overshadowing a generally positive outlook fueled by artificial intelligence gains. Cisco, the largest maker of networking equipment, has increased spending to create new AI-focused products. The tech industry also is coping with a threat from memory-chip shortages, which is boosting costs. The shares fell about 4% in late trading after the report was released. Cisco’s stock gained 30% last year.-

McDonald's (MCD) saw its US sales grow at the fastest pace in more than two years in the fourth quarter as value meals continued to resonate with cost-conscious diners. Sales from established US restaurants jumped 6.8% in the period from a year ago when foot traffic was dented by an E. coli outbreak, ahead of expectations and the highest since 2023. Earnings, excluding one-time items, also outpaced the average of estimates compiled by Bloomberg, as did comparable sales at the company’s two international divisions. The shares rose 2% at 4:04 p.m. in extended trading in New York. The stock has advanced nearly 6% this year, outpacing the gain of the S&P 500 Index over the same period.

- Zillow (Z) shares tumble as much as 18% on Wednesday after the home-search site forecast adjusted Ebitda for the first quarter that missed the average analyst estimate as the firm contends with legal costs and expenses from its partnership with Redfin.

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(2221)

Lloyds Dips, Intertek Rises, Greggs Up

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- UK banks, including LLoyds, NatWest, and Barclays could face higher taxes if a change in UK leadership goes ahe...

12 Touko 4min

Siemens Energy Down, Bayer Rises, Barclays Dips

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Siemens Energy AG expects the artificial intelligence boom that’s driving data center construction to bolster i...

12 Touko 4min

Tesla Climbs, Mosaic Falls, BuzzFeed Soars Afterhours

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Tesla (TSLA) shares climbed in trading on Monday following the White House releasing its lists of high level gu...

11 Touko 3min

Closing Bell: Qualcomm, Tyson, Sally Beauty

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloom...

11 Touko 9min

Chipmakers Rise, Mosaic Falls on Iran War

On this episode of Stock Movers: -Chipmakers Intel, Advanced Micro Devices, and Nvidia (INTC, AMD, NVDA) rise after individual investors boosted purchases of technology shares to the highest level in...

11 Touko 5min

Intel Gains, Lumentum Rises, Monday.com Surges on Earnings Beat On this episode of Stock Movers:

On this episode of Stock Movers:- Intel (INTC) shares rise. It gained on the back of optimism it will find more demand for its chip-packaging services. Intel's stock price has more than tripled this y...

11 Touko 2min

Intel Rises, Moderna Surges, Monday.com Soars After Raising Full Year Forecast

On this episode of Stock Movers:-Intel (INTC) shares rise. It gained on the back of optimism it will find more demand for its chip-packaging services. Intel's stock price has more than tripled this ye...

11 Touko 4min

Moderna Gains on Hantavirus Research; Dream Finders Offers to Buy Beazer; Apollo Holds Talks to Sell MidCap

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Moderna shares rise in the wake of Friday’s 12% rally after the company said last week it’s researching vaccine...

11 Touko 4min