Cloud-software stocks continued to sell off Monday, following one of the space’s worst weeks ever, although not as fast as Friday selloff as a few beaten-up stocks received upgrades and Read more
Tag: Twilio Inc. Cl A
The cloudburst is upon us: Cloud-software stocks suffering worst declines on record
The lining in cloud-software stocks Friday was blood red instead of silver. Forecasts from former software darlings this week added to fears about businesses cutting back on capital spending in Read more
Twilio’s stock tumbles as quarterly loss, outlook spook investors
Shares of Twilio Inc. tumbled as much as 17% in extended trading Thursday after the customer-engagement technology company reported mixed fiscal third-quarter results that met Wall Street analysts’ forecasts, but a Read more
Twilio stock should be sold before earnings are released, BofA says
Shares of Twilio Inc. fell sharply Wednesday after BofA Securities’ Michael Funk pulled an about-face on the customer communications software company, swinging to bearish from bullish just one day before Read more
Dow turns lower after morning gains as Wall Street struggles to recover from worst selloff in two years
U.S. stock indexes traded slightly lower on Wednesday after shedding morning gains, as data showed that costs for wholesale goods and services fell for the second month in a row, Read more
Twilio stock declines as weak outlook follows a quarterly beat
Twilio Inc. shares fell in the extended session Thursday after the software company’s outlook came in below Wall Street expectations following a reported beat in the previous quarter. Twilio TWLO, Read more