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examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
DocuSign reported Q2 revenue of $876 million, up 9% year over year, with a 32% operating margin and about $300 million in free cash flow. It also raised fiscal 2027 ARR guidance and said IAM now accounts for 15.1% of total ARR.
Medtronic reported fiscal first-quarter revenue of $9.756 billion and adjusted EPS of $1.45, both above consensus, and raised fiscal 2027 organic revenue growth guidance to 7.25%-7.75%.
Veeva Systems shares are rising after second-quarter adjusted EPS of $2.35 beat the $2.22 consensus and revenue of $927.96 million topped estimates. The company also lifted fiscal 2027 EPS and revenue guidance.
Walmart is set to report second-quarter results Thursday before the market open, with analysts expecting $186.8 billion in revenue and 74 cents per share.
Applied Materials reported third-quarter revenue of $9.12 billion and adjusted earnings of $3.50 per share, both above analyst estimates.
UPS beats quarterly estimates
Nasdaq Composite posts its sharpest weekly decline in months, weighed down by weakness in mega-cap technology stocks