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Why Bausch + Lomb (BLCO) Shares Are Plunging Today
Shares of eyecare company Bausch + Lomb (NYSE:BLCO) fell 6.7% in the morning session after Wells Fargo downgraded the stock's rating from Buy to Hold. The firm cited concerns related to the "voluntary recall" of certain implantable eye lenses reported the previous day.
Why Is Braze (BRZE) Stock Soaring Today
Shares of customer engagement software provider Braze (NASDAQ:BRZE) jumped 14.5% in the pre-market session after the company reported impressive fourth quarter 2024 (fiscal 2025) results with strong growth in customers, enabling it to beat analysts' revenue, EPS, and adjusted operating income estimates. But the shortfall in billings pointed to some softness in near-term sales. Also, a slowdown in net revenue retention, dropping from 117% to 111%, suggested customers were spending more cautiously than before.
Why Amazon (AMZN) Shares Are Sliding Today
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.9% in the afternoon session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
Why Shopify (SHOP) Shares Are Trading Lower Today
Shares of e-commerce software platform Shopify (NYSE:SHOP) fell 5.6% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
Why Peloton (PTON) Stock Is Trading Lower Today
Shares of exercise equipment company Peloton (NASDAQ:PTON) fell 6.4% in the afternoon session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
AppLovin (APP) Shares Skyrocket, What You Need To Know
Shares of mobile app advertising platform AppLovin (NASDAQ: APP) jumped 9.2% in the pre-market session after CEO Adam Foroughi responded to the concerns raised by short-seller Muddy Waters regarding the company's ad targeting methods and competitiveness. He noted that the short seller's report's bias "lies in omission, not evidence."
Why Lululemon (LULU) Shares Are Falling Today
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU) fell 15% in the morning session after the company reported underwhelming fourth quarter 2024 results and provided full-year revenue and EPS guidance below analysts' estimates. The Americas region showed flat comparable sales during the quarter, while international markets posted a 20% increase.
Why Wayfair (W) Stock Is Down Today
Shares of online home goods retailer Wayfair (NYSE:W) fell 7.3% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
Why Palantir (PLTR) Stock Is Falling Today
Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 6% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
Why Robinhood (HOOD) Stock Is Down Today
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 7.3% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.