About The Norwegian Cruise Line, DXC Technology, Citigroup & More
Cloudera, Inc (NYSE: CLDR at https://www.webull.com/quote/nyse-cldr ) is one of the developers of a platform for data management, machine learning, and advanced analytics. This CLDR stock or CLDR stock news Company is allowing enterprises to operate, manage and move workloads across multiple architectures, mixing on-premises and cloud environments. These are including all major public cloud infrastructure providers. It is operating through two operating segments such as subscription and services. These products are including Cloudera Enterprise Data Hub, Cloudera Analytic BD, Cloudera Operational DB, Cloudera Data Science & Engineering, and Cloud Essentials. There are checking out the companies making headlines in midday trading.
- Apache Corp
Shares of the exploration and production company slid more than 23% on the back of declining oil prices. The energy sector was among the worst performers during Wednesday’s session as all components traded lower.
- DXC Technology
It will be selling its Medicaid services unit to private equity firm Veritas Capital for $5 billion in cash. DXC was one of the four companies in the S&P 500.
Apple is sharing fell more than 3% after an analyst at Bank of America Securities cut his price target on the tech giant to $320 per share from $350. The analyst may be delayed as Apple’s supply chains remain under pressure amid the coronavirus outbreak.
- Citigroup, Wells Fargo
Bank stocks fell sharply in Wednesday morning’s trading, with several major names falling more than the broader market. Citigroup was one of the worst performers, dropping 8.6%. Wells Fargo, whose CEO testified before Congress on Tuesday, fell about 7.8%. Mid-sized banks PNC Financial and Citizen’s Financial slid 5% and 8%.
- Royal Caribbean, Norwegian Cruise Line
Cruise line stocks took a huge beating as the coronavirus outbreak continued to worsen and investors remained skeptical about a fiscal stimulus package or targeted measures to aid the struggling industry. Norwegian Cruise Line was down more than 14%, while Royal Caribbean and Carnival dropped 9% each.
Shares of Cloudera rose 0.5% after beating on the top and bottom lines of its quarterly earnings. The software company reported 4 cents per share, while analysts were expecting a loss of 3 cents per share. Revenue came in at $211.7 million, higher than the forecast of $201.8 million, according to Refinitiv. Next quarter revenue outlook was roughly in line with estimates and earnings outlook was better-than-expected. Full-year 2021 earnings and sales are outlook topped expectations. More stock news like Nasdap tndm, you can check at https://www.webull.com/quote/nasdaq-tndm .