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Applied Materials sinks 14% on weak guidance due to China demand

Applied Materials shares plunged14% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China. The company forecast adjusted earnings per share of $2.11, falling short of the $2.39 per share expected by LSEG. The company projected $6.7 billion in revenue, versus the $7.34 billion estimate. During an earnings call with analysts, CEO Gary Dickerson said that the current macroeconomic backdrop and trade issues have fueled "increasing uncertainty and lower

Applied Materials sinks nearly 14% on weak guidance due to China demand

Applied Materials shares plunged14% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China. The company forecast adjusted earnings per share of $2.11, falling short of the $2.39 per share expected by LSEG. The company projected $6.7 billion in revenue, versus the $7.34 billion estimate. During an earnings call with analysts, CEO Gary Dickerson said that the current macroeconomic backdrop and trade issues have fueled "increasing uncertainty and lower

Applied Materials sinks 13% on weak guidance due to China demand

Applied Materials shares plunged more than 13% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China. The company forecasted adjusted earnings of $2.11 per this quarter, falling short of the $2.39 per share expected by LSEG. The company projected $6.7 billion in revenue, versus the $7.34 billion estimate. During an earnings call with analysts, CEO Gary Dickerson said that the current macroeconomic backdrop and trade issues have fueled "increasing un

Duolingo stock skyrockets 14% on boosted guidance as AI powers user growth

A Duolingo logo is seen on a smartphone. Duolingo shares skyrocketed nearly 14% after the language-learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 million. Duolingo also lifted its bookings guidance to between $1.15 billion and $1.16 billion. "We exceeded our own high expectations for bookings an

Duolingo stock skyrockets 30% on boosted guidance as AI powers user growth

Duolingo shares skyrocketed more than 30% after the language learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 million. Duolingo also lifted its bookings guidance to between $1.15 billion and $1.16 billion. "We exceeded our own high expectations for bookings and revenue this quarter, and did it whil

Shopify stock soars 21% on rosy guidance as CFO says tariff hit 'did not materialize'

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 21% on Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adjusted vs. 29 cents 35 cents adjusted vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over ye

Shopify stock soars 20% on rosy guidance as CFO says tariff hit 'did not materialize'

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 20% Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adj. vs. 29 cents 35 cents adj. vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over year to $2.68

Axon jumps 16% after TASER maker tops results and boosts outlook on security needs

Axon Enterprise 's stock popped 16% after the TASER maker surpassed Wall Street's estimates and boosted its guidance due to robust demand for its security solutions. "Demand for new technology from our customers is accelerating, and it's outpacing even my most optimistic expectations," said CEO Rick Smith on an earnings call with analysts. "There's now one breakout product driving conversations. It's everything." The security solutions company also hiked guidance for the year, saying it now ex

Axon jumps 14% after TASER maker tops results and boosts outlook on security needs

Axon Enterprise 's stock popped 14% after the TASER maker surpassed Wall Street's estimates and boosted its guidance due to robust demand for its security solutions. "Demand for new technology from our customers is accelerating, and it's outpacing even my most optimistic expectations," said CEO Rick Smith on an earnings call with analysts. "There's now one breakout product driving conversations. It's everything." The security solutions company also hiked guidance for the year, saying it now ex

Samsung details all the new health features you’ll get with One UI 8 Watch

Kaitlyn Cimino / Android Authority TL;DR One UI 8 Watch will introduce several new features. These new features include Bedtime Guidance, Vascular Load, Running Coach, and Antioxidant Index. A limited number of users will have access to these features through a beta program. One UI 8 Watch isn’t out yet, but Samsung is providing some details on features we can expect to see. Some users will even get to try these features early, as they’ll be included in a beta program. In a new blog post, S