ServiceNow and Tableau Software have found that sometimes it just doesn’t pay to be among the fastest-growing kids on the block. The pair in late July posted Q2 earnings that soundly beat Wall Street expectations, as did their revenue guidance — and both stocks have suffered since. ServiceNow (NOW), which sells software to help companies manage their IT service desk operations, reported after the close on July 30. Tableau (DATA), a maker of data
Dish Networks’ options and the value of its radio spectrum still draw the rapt attention of investors, with Wall Street divided over the merits of one of company Chairman Charlie Ergen’s possible moves — leasing the airwaves to one or more of the nation’s wireless companies. Dish Networks’ (DISH) stock has been elevated by speculation that Ergen could sell off the satellite TV firm’s spectrum for a tidy profit, or even sell the entire company.
No. 1 chip gear maker Applied Materials, saying it’s negotiating the biggest changes in the history of its industry, late Thursday posted a 56% jump in EPS, beating analyst expectations. Revenue rose 14.7% and slightly missed Wall Street expectations, but Applied (AMAT) stock was up nearly 2% in after-hours trading, after it released results for its fiscal Q3 ended July 27. The company’s Q4 earnings outlook slightly beat views, while its revenue