Apple Inc (NASDAQ:AAPL) stock remains subdued, having lost some $200 billion in market value in the past three days amid Chinese pressures that have overshadowed what the US tech giant hoped would be ‘hype days’ ahead of next week’s iPhone 15 unveiling.
Yesterday, the iPhone maker fell 5.5% and this morning, at $177.20, the shares were down slightly adding to the recent fall from just under $190 two days ago. Read more
DocuSign Inc (NASDAQ:DOCU) shares were up 3% in Friday’s early deals after the eSignature software firm’s second-quarter fiscal 2024 earnings blew away expectations.
It reported earnings per share of $0.72, up from $0.44 a year ago, beating the analyst forecast of $0.65. Meanwhile, revenue was up 11% year-over-year to $687.7 million, ahead of the Street estimate of $676.8 million. Read more
Restoration Hardware owner RH (NYSE:RH) (RH (NYSE:RH)) was down 7.8%, at $339.72, on its quarterly financials which saw $800 million of revenue, down from $992 million a year earlier albeit an improvement from analyst expectations for $770.1 million.
The luxury home-furnishings company’s adjusted earnings per share (EPS) for the period, meanwhile, came in at $3.93, exceeding expectations of $2.63. Read more