Tech stocks just had their worst week since March 2020 as Peloton and Netflix scared investors [MSNBC.com]
FactSet Research Systems Inc. (FDS)
Last factset research systems inc. earnings: 3/26 07:01 am
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Source: MSNBC.com
In this articleA man walks in front of a Peloton studios on May 05, 2021 in New York.John Smith | VIEW press | Corbis News | Getty ImagesNetflixworst weekAt Friday's close, the Nasdaq was down 7.6% for the week, its biggest decline since March 2020, when global markets sank on Covid-19 concerns. It's also the fourth straight weekly drop for the tech-heavy index, the longest losing streak since a similar stretch last April and May.Heading into 2022fell apartBusiness fundamentals stillappeared to be solidThat confidence waned this week, as terrible news in pockets of the technology sector raised concerns with the wave of Q4 tech earnings reports set to kick off in the coming days.Peloton on Thursday reportedpreliminary quarterly resultsCNBC reportedJohn Foley, founder and chief executive officer of Peloton Interactive Inc.Chris Goodney | Bloomberg | Getty Images"As we discussed last quarter, we are taking significant corrective actions to improve our profitability outlook and optimize o
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FDS
News
- Snap shares soar 27% as company beats on earnings, shows strong revenue growth [MSNBC.com]MSNBC.com
- YouTube Q1 Ad Revenue Climbs 21% to $8.1 Billion, Well Above Wall Street Forecasts [Yahoo! Finance]Yahoo! Finance
- Microsoft cloud growth accelerates on back of AI push [MSNBC.com]MSNBC.com
- Snap shares soar 26% as company beats on earnings, shows strong revenue growth [MSNBC.com]MSNBC.com
- Snap shares soar 23% as company beats on earnings, shows strong revenue growth [CNBC]CNBC
FDS
Earnings
- 3/21/24 - Beat
FDS
Sec Filings
- 4/3/24 - Form 8-K
- 4/3/24 - Form 10-Q
- 4/1/24 - Form 4
- FDS's page on the SEC website