CrowdStrike stock retreats following coronavirus-fueled earnings beat

2020-09-02

  MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO|, CROWDSTRIKE CrowdStrike Holdings Inc.  shares retreated from 2020’s meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company topped Wall Street estimates, with more businesses seeking to protect their systems as employees work from home. On a conference call, CrowdStrike CRWD, -1.12% co-founder andRead More →

Uber shares tumble 5% on $1.16 billion quarterly loss

2019-11-04

Uber Technologies Inc. reported another mega-loss on Monday, but its chief executive said there is a light at the end of the profitability tunnel. The ride-hailing service  reported a third-quarter loss of $1.16 billion, or 68 cents a share, compared to a $986 million loss in the same quarter aRead More →

European airlines skid after Air France-KLM warning

2019-09-09

Shares of Air France-KLM on Monday nosedived on a warning over bookings, and other airlines weakened, in mostly listless European stock markets on Monday. Air France-KLM shares AF, -8.13%  plunged 9% as the airline said “close-in bookings in the peak travel period are weaker than foreseen in view of softeningRead More →

Uber stock hit by executive shake-up a month after the IPO

2019-06-07

Shares of Uber Technologies Inc. fell more than 1% in the extended session Friday after Chief Executive Dara Khosrowshahi said in an email to employees the ride-hailing company’s chief operating officer and chief marketing officer are leaving. Khosrowshahi said in the email that he and COO Barney Harford had agreedRead More →

Why was the U.S. Postal Service at CES?

2019-01-11

As the U.S. government shutdown was about to become the longest on the record and many employees missed their paychecks Friday, U.S. Postal Service workers were roaming around a Las Vegas convention center hocking a smart mailbox. The post office has been exhibiting at CES, the largest annual tech conference,Read More →