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Ciena Stock Tumbles
Ciena reported a big profit miss. Here’s why the stock is rocketing to a 22-year high.
Ciena’s stock was soaring toward a 22-year high, as order growth and outlook on inventory overshadowed a big profit miss.
Ciena Stock Tumbles as Profit Misses Estimates. What We Know.
Ciena reported adjusted earnings of 54 cents, missing Wall Street’s call for 65 cents, according to FactSet. Revenue of $1.12 billion
Why Ciena Stock Jumped Nearly 22% Today
The optical networking expert didn't hit fourth-quarter results out of the ballpark, but it did set up ambitious goals for the years ahead.
Wall Street Gets Back to Climbing
Stock market today: Wall Street drifts lower after weak signals on the economy
U.S. stock indexes drifted lower following some potentially discouraging data on the economy. The S&P 500 fell 0.5% Thursday, its third loss in the last four days. The Dow Jones Industrial Average fell 0.
Stock market today: Wall Street’s rally stalls as Nasdaq pulls back from its record
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Stock Market Today: Wall Street Gets Back to Climbing
U.S. stocks are rising after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve
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8h
Marvell Option Trade Profits $410 If Stock Stays Above This Level
This bullish option trade will see large
profits
if Marvell finishes above 135 at February expiration. The
Stock
Market ...
3h
Advantest: Taking Some Profits Off The Table
Financial writer advises caution on Advantest stock due to potentially irrational valuation levels despite market share gains ...
35m
Stock Market Today: Dow Extends Its Losing Streak
As for the main indexes, the Dow Jones Industrial Average gave back 0.5% to 43,914 – its fifth straight loss. The S&P 500 ...
1d
Here’s what one employee hiding money is doing to Macy’s stock and profit view
Macy’s cut its full-year earnings outlook, after making adjustments to reflect the impact of misstated delivery expenses.
9h
Palantir Stock: A Millionaire-Maker in the Making?
Two main catalysts are driving Palantir's stock higher. First, it expects its revenue to rise 26% in 2024. It attributes that ...
3d
Rambus Stock Is In A Buy Zone With Its Profits Soaring
Although its run rate is just below $500 million, its memory chips and security and display architectures are integral to the ...
4h
Why Uber Stock Is Volatile After GM's Cruise Announcement
Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to ...
8h
Ciena Q4 Earnings: Profit Misses Expectations, Margins Decline, Names New Chair
Ciena Corp (NYSE: CIEN) reported Q4 2024 revenue of $1.124B, beating analyst consensus, with adjusted EPS of $0.54. Margins ...
1d
GameStop reports third-quarter profit on spending cuts
GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including ...
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