It fell 0.7%
Decreased by 11% Major global IT outage A cybersecurity company updated its content overnight, grounding planes and causing chaos in the stock market.
Microsoft
of
PC operating system.
“The issue was identified, isolated and a fix has been deployed,” said CEO George Kurtz, who said this was not a “security incident or cyber attack.”
reported to exceed expectations Second Quarter Profit The company added 8.05 million subscribers in the period, beating analyst expectations and beating the 5.89 million subscribers added in the same period last year. Shares of the streaming giant fell 1.5%.
The company reported earnings roughly in line with Wall Street expectations and projected third-quarter revenue to rise 14% to $9.7 billion, slightly below market expectations.
The robotic surgery company reported adjusted profit that beat analysts’ expectations and revenue of $2.01 billion, which beat expectations of $1.97 billion.
The company said the number of surgeries performed using its Da Vinci robotic system increased 17% year over year. Shares rose 9.3%.
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The paint and coatings company’s shares fell 2.8% after the company reported second-quarter profit and sales declines compared to the same period a year ago. The company said it saw organic sales growth across many of its businesses, including aerospace coatings and packaging coatings. But that growth was “offset by weakening global automotive production as the quarter progressed and still-soft global industrial production.”
Shares fell 14% after the hydrogen technology company announced a $200 million initial public offering.
report Second Quarter Profit This exceeded analyst expectations.
The company also raised its full-year earnings per share outlook to $13.30 to $13.80 from $12.65 to $13.15 and maintained its previous view that sales will grow 9 to 11 percent this year. But its shares fell 2.7 percent.
The company’s shares rose 2% after it reported second-quarter profit that rose from a year ago. Earnings per share of 77 cents beat analysts’ expectations of 82 cents. Revenue at the oil services company rose 13% to $9.14 billion.
Oil service providers: Second Quarter Earnings The results missed Wall Street expectations: Revenue rose to $5.83 billion from about $5.8 billion a year ago but fell short of expectations of $5.95 billion. The stock fell 5.6%.
The chipmaker’s shares rose 3.2% after being upgraded to overweight from equal weight.
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The price target was raised from $107 to $190.
The shares fell 7.8% after the company reported second-quarter earnings that fell short of expectations and that catastrophe losses rose 1.9% to more than $1.5 billion in the period.
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