December 6, 2022

Rise To Thrive

Investing guide, latest news & videos!

HP — Shares rose 1% after HP surpassed expectations on the top and bottom lines in its latest quarter, and announced it’s laying off 4,000 to 6,000 employees globally over the next three years.

Autodesk — The stock dropped more than 7.8% after the software company issued fourth-quarter revenue guidance that missed expectations, even as Autodesk reported quarterly results that came in line with forecasts.

VMware — Shares fell nearly 2% after the cloud computing company missed profit and sales expectations in its most recent quarter. According to Refinitiv, the company was expected to earn $1.58 per share on revenue of $3.35 billion. Instead, VMWare earned $1.47 per share, after adjustments, on revenue of $3.21 billion.

More Stories

You may have missed