Roku Inc.’s stock was eviscerated by 26% in extended buying and selling after it provided paper-thin guidance and reported fiscal second-quarter revenue Thursday that fell in want of Wall Street analysts’ forecasts. Picture, Screen & Flashing Lights Get answers to common questions like strains on the display screen, no picture and image high quality. Intel Corp. shares plunged within the extended session Thursday after the chip maker missed Wall Street estimates by a large margin and minimize its outlook for the year, acknowledging a slowing market in addition to execution points. The semiconductor firm reported second-quarter adjusted earnings per share of 29 cents, lower than half of the consensus estimate of 69 cents amongst analysts tracked by FactSet. Slaying the inflation dragon isn’t done with child steps. Expect much greater rates of interest as a headwind for equities.
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Yahoo Finance Live look at how Roku shares respond to the tech developer’s second-quarter earnings miss.