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Brian Alexander of Raymond James asks about the factor influencing shortfall in revenue performance. $TECD said the overarching factor was a softer demand market than what was anticipated. And the largest contributor to the shortfall was a softer spending environment.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?