technologyMajor Tech and Retail Companies Miss Revenue Forecasts
Several prominent companies, including Robinhood, Cognizant, and UDR, have reported first-quarter revenues that missed analyst estimates, signaling cautious IT spending and slumping crypto trading. EBay, however, provided a second-quarter revenue forecast above expectations.
4 sources·8h ago·reutersyahoochannel-news-asiaseeking-alpha