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Category: Market Watch

Okta’s stock jumps more than 14% as earnings forecast doubles expectations

Market Watch March 02, 2023 News Team

Okta CEO tells MarketWatch that small and midsize businesses ‘are not buying as much as we expected,’ but an ability to sell more products to existing customers is helping the software company

First Resources Shares Climb After 2022 Net Profit Doubles

Market Watch March 01, 2023 News Team

First Resources Ltd. shares rose sharply Wednesday after the Singapore-listed company’s 2022 net profit doubled, mainly owing to higher average selling prices of palm oil.

Microsoft Corp. stock outperforms competitors despite losses on the day

Market Watch March 01, 2023 News Team

Shares of Microsoft Corp. MSFT, -0.30% dropped 0.30% to $249.42 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.30% falling 0.30% to 3,970.15 and Dow Jones Industrial Average DJIA, -0.71% falling 0.71% to 32,656.70. Microsoft Corp. closed $66.53 below its 52-week high […]

Hutchison Telecommunications Shares Fall After Posting 2022 Loss

Market Watch March 01, 2023 News Team

Shares of Hutchison Telecommunications Hong Kong Holdings Ltd. dropped on Wednesday, after the telecommunications carrier said it swung to a loss in 2022.

Dow ends at lowest level of year, stocks cement February losses

Market Watch March 01, 2023 News Team

Dow posts biggest monthly percentage decline since September

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