Why DocuSign and Zoom Video Stocks Sank Today -- but CrowdStrike Bounced

Reuters
UPDATE 1-Brazil central bank makes smaller interest rate cut, stressing caution
Brazil's central bank on Wednesday cut interest rates by 25 basis points, delivering a smaller reduction after six straight cuts of twice that size, stressing the need for caution amid an uncertain economic outlook. The bank's rate-setting committee, known as Copom, lowered the Selic benchmark interest rate to 10.50% in its first split decision since it started cutting rates in August 2023.
GlobeNewswire
Pieridae Releases Q1 2024 Financial and Operating Results and Revises 2024 Guidance
Operating Cost Improvements & Growth in Strategic Third Party Processing Business Highlight a Solid QuarterCALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae” or the “Company”) (TSX: PEA) announces the release of its first quarter 2024 financial and operating results. Pieridae generated Net Operating Income (“NOI”)1 of $23 million during the first quarter of 2024, reflecting aggressive operating cost and fuel gas reductions, and $9 million in hedging gains. Pie
Business Wire
Avolon Announces Pricing of US$1 Billion Senior Unsecured Notes Offering
DUBLIN, May 08, 2024--Avolon Holdings Limited ("Avolon"), a leading global aviation finance company, announces the pricing of a private offering (the "Offering") by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$1 billion of 5.750% senior unsecured notes due 2029 (the "Notes").
People
Friends Grieve Mica Miller's Death and Share Their Own Uncertainty About Pastor's Wife's Suicide (EXCLUSIVE)
"It doesn't add up to me," one of them tells PEOPLE
Associated Press
Shea Langeliers drives in career-high five runs, A's beat Rangers 9-4 in Game 1 of doubleheader
Shea Langeliers hit a two-run homer on his way to a career-high five RBIs, and the Oakland Athletics beat the Texas Rangers 9-4 on Wednesday in the first game of a doubleheader. Brett Harris hit a go-ahead homer in the fifth and Brent Rooker added a three-run drive in the seventh for the A's, who backed lefty JP Sears (3-2) and snapped a three-game skid that came after a six-game win streak. Marcus Semien homered for the Rangers against his former club.
Business Wire
Newell Brands Declares Dividend on Common Stock
ATLANTA, May 08, 2024--Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.07 per share. The dividend is payable June 14, 2024 to common stockholders of record at the close of business on May 31, 2024.
Associated Press
Dallas Stars in familiar hole after 6th Game 1 1oss. Avs look to put them down 0-2 again
The Dallas Stars are in an all-too familiar hole. This is their sixth consecutive playoff series over three postseasons, the fourth at home, that they go into Game 2 after losing the opener. “You’re kind of playing with fire when you put yourself in that position enough,” forward Joe Pavelski said.
Deadline
Netflix and The Blackhouse Foundation Partner On Nonfiction Producing Fellowship
Netflix and The Blackhouse Foundation will partner on the Netflix Nonfiction Producing Fellowship, a year-long program giving rising producers from underrepresented perspectives the hands-on training, mentorship and experience to help advance their careers in film and TV production. Five participants will be selected to each work directly on a production under the Netflix Nonfiction Film and Series …
GlobeNewswire
Ready Capital Corporation Reports First Quarter 2024 Results
- GAAP LOSS PER COMMON SHARE FROM CONTINUING OPERATIONS OF $(0.45) -- DISTRIBUTABLE EARNINGS PER COMMON SHARE OF $0.29 -- DISTRIBUTABLE RETURN ON AVERAGE STOCKHOLDERS’ EQUITY OF 8.6% - NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported
People
Ronnie Wood Shares Sweet Backstage Photo with 'Friend' Mick Fleetwood at Rolling Stones Show
The Rolling Stones are currently on their 'Hackney Diamonds' tour, in support of their latest studio album
Associated Press Finance
Airgain: Q1 Earnings Snapshot
SAN DIEGO (AP) — Airgain Inc. (AIRG) on Wednesday reported a loss of $2.5 million in its first quarter. On a per-share basis, the San Diego-based company said it had a loss of 23 cents. The antenna products developer posted revenue of $14.2 million in the period.
Reuters
Summer power prices seen surging for Texas, falling in California
Extreme heat and rising electricity demand are expected to drive up power prices in Texas this summer, while the rest of the U.S. power markets are broadly pricing lower, according to analysts and data this week. Imbalances in U.S. power supply and demand, along with extreme weather, can lead to wholesale power price spikes that can eventually be passed down to businesses and households. Spot wholesale electricity prices in the Texas power trading hub for August have consistently traded above $175 a megawatt-hour (MWh) so far this month, compared to an average of $90.18 per MWh for August last year, data from S&P Global shows.
Reuters Videos
Dow ends higher for 6th straight session
STORY: The Dow Jones Industrial Average closed higher on Wednesday, stretching its winning streak to six straight sessions, as investors kept betting on supportive U.S. monetary policy.The other Wall Street benchmarks cooled a touch as momentum stalled and U.S. Treasury yields rose on the day of a 10-year notes auction.The Dow climbed four tenths of one percent, the S&P 500 was flat, and the Nasdaq fell two tenths.The day's mixed session doesn’t come as a surprise to Sanders Morris Chairman George Ball.“The market at this moment is looking for some form of leadership, either fresh leadership, new leadership or some form of of key signal beyond well as the Fed going to raise or lower the federal funds rate.”Companies continue to report quarterly results including Uber whose stock dropped nearly six percent after it posted a surprise quarterly loss and issued a downbeat forecast.While rival Lyft jumped seven percent after projecting higher-than-expected gross bookings and a core profit for the current quarter.And finally Tesla slipped two percent following a Reuters report that U.S. prosecutors were examining whether the company committed securities or wire fraud by misleading investors and consumers about its electric vehicles' self-driving capabilities.
Associated Press Finance
Undercover operation nets arrests as New Mexico's top prosecutor blames Meta for online predators
New Mexico’s top prosecutor announced charges Wednesday against three men who are accused of using Meta’s social media platforms to target and solicit sex with underage children. The arrests are the result of a monthslong undercover operation in which the suspects connected with decoy accounts that were set up by the state Department of Justice. The investigation began in December around the time the state filed a civil lawsuit against the social media giant, claiming Meta was failing to take basic precautionary measures to ensure children were safe on its platforms.
Bang Showbiz NZ
Lisa Vanderpump slams Rachel Leviss
Lisa Vanderpump has accused Rachel Leviss of speaking "nonsense" on her podcast. The 29-year-old beauty launched 'Rachel Goes Rogue' after she left 'Vanderpump Rules' following her 2023 cheating scandal, and Lisa has now slammed Rachel for "denigrating" some of the cast members on her podcast. Lisa said during the 'Vanderpump Rules' season 11 reunion: "All this nonsense on a podcast and her denigrating everyone ... it’s absolutely ridiculous." Despite this, Lisa claimed that she hasn't actually
Bang Showbiz NZ
Lucien Laviscount hails 'amazing' Shakira
Lucien Laviscount believes Shakira is an "amazing talent". The 31-year-old actor has been romantically linked to the chart-topping star after appearing in a music video for Shakira's single 'Puntería', and Lucien has now admitted to loving his experience of working with the singer. He told E! News: "Honestly, I still haven't really come to grips with any of it. "To work with such an amazing talent, artist and human being was incredible. I took so much from that, and I think everyone can learn fr
Bang Showbiz NZ
I made no money on Bridesmaids, says Rebel Wilson
Rebel Wilson "made no money" on 'Bridesmaids'. The 44-year-old actress starred alongside the likes of Maya Rudolph, Rose Byrne, Ellie Kemper and Melissa McCarthy in 2011 comedy film - but Rebel has now revealed that she made just $3,500 from the movie. Rebel said on the 'Diary of a CEO' podcast: "It was my first job in America. "I mean, it was very lucky to get it … But to be paid that little. Basically, that $3,500 I then had to pay to the union to join the union. So I basically made no money.
Bang Showbiz NZ
Reba McEntire will sing the theme to Happy's Place
Reba McEntire plans to sing the theme song for her new sitcom. The 69-year-old singer's 'Happy's Place' sitcom has already been picked up by NBC and Reba has revealed that she'll be singing the show's theme song. Speaking to PEOPLE, Reba shared: "I'll be singing the theme song. We've started working on it, and we'll have it soon finished. "If they say it's a go, I'll finish it up and have it ready for when we go to series." Reba has also confirmed that Rex Linn, her boyfriend, will be a part of
The Independent
Owners of Marilyn Monroe’s home sue Los Angeles for right to demolish historic property
City of LA has tried to designate home as historic landmark
People
Travis Kelce and Niecy Nash-Betts Enjoy Some 'Late Night Shenanigans' on “Grotesquerie” Set: 'Buckle Up!'
On May 7, PEOPLE confirmed that the Kansas City Chiefs tight end would appear on the Ryan Murphy-helmed show

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Why DocuSign and Zoom Video Stocks Sank Today -- but CrowdStrike Bounced

Latest stories

UPDATE 1-Brazil central bank makes smaller interest rate cut, stressing caution

Pieridae Releases Q1 2024 Financial and Operating Results and Revises 2024 Guidance

Avolon Announces Pricing of US$1 Billion Senior Unsecured Notes Offering

Friends Grieve Mica Miller's Death and Share Their Own Uncertainty About Pastor's Wife's Suicide (EXCLUSIVE)

Shea Langeliers drives in career-high five runs, A's beat Rangers 9-4 in Game 1 of doubleheader

Newell Brands Declares Dividend on Common Stock

Dallas Stars in familiar hole after 6th Game 1 1oss. Avs look to put them down 0-2 again

Netflix and The Blackhouse Foundation Partner On Nonfiction Producing Fellowship

Ready Capital Corporation Reports First Quarter 2024 Results

Ronnie Wood Shares Sweet Backstage Photo with 'Friend' Mick Fleetwood at Rolling Stones Show

Airgain: Q1 Earnings Snapshot

Summer power prices seen surging for Texas, falling in California

Dow ends higher for 6th straight session

Undercover operation nets arrests as New Mexico's top prosecutor blames Meta for online predators

Lisa Vanderpump slams Rachel Leviss

Lucien Laviscount hails 'amazing' Shakira

I made no money on Bridesmaids, says Rebel Wilson

Reba McEntire will sing the theme to Happy's Place

Owners of Marilyn Monroe’s home sue Los Angeles for right to demolish historic property

Travis Kelce and Niecy Nash-Betts Enjoy Some 'Late Night Shenanigans' on “Grotesquerie” Set: 'Buckle Up!'