Intuit Inc (NASDAQ:INTU, ETR:ITU) delivered better-than-expected results for the fiscal fourth quarter, but shares of the company fell more than 6% in early trade as revenue guidance fell short of estimates.
The TurboTax and Mailchimp maker projected first quarter revenue growth of 14% to 15%, below expectations of 16.1%.
Zoom Video Communications Inc (NASDAQ:ZM) stock gained after the video conferencing platform’s second quarter earnings impressed and it raised its full-year outlook.
Revenue grew 4.7% from the year-ago quarter to $1.22 billion, ahead of Wall Street estimates of $1.2 billion.
Cracker Barrel Old Country Store's (NASDAQ:CBRL) effort to modernise its image prompted a sharp market reaction and political backlash this week.
The restaurant chain unveiled a new logo, dropping its long-used image of a man leaning on a barrel for a pared-back yellow silhouette.
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares fell 13% after the struggling crypto miner warned that talks over its proposed recapitalisation plan remain incomplete, leaving its future uncertain.
The London- and Nasdaq-listed company is still negotiating terms of a senior secured loan with Growler Mining, which is central to its survival plan.
Cloudbreak Discovery PLC (LSE:CDL, OTC:CDBDF) told investors it has finalised the sale of US oil assets, and at the same time raised £300,000 in a placing.
The company, in a statement, said it sold its interest in the Masten Unit Energy Project in Texas to G2 Energy Corp for £50,000 upfront and followed by a further £50,000 over the next five months.