Stock Market Today: ROKU, CISCO Up & SHOP Down
Schwab Network
English - February 16, 2023 23:24 - 3 minutes - 53.7 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Dow Jones today finished in the red along with the S&P 500 Index or SPX, Nasdaq-100, and Russell 200. Overall, markets slumped after the PPI number came in higher than expected. Next, Renita Young weighs in on Roku Inc. (ROKU) stock price rallying after their earnings bear and plans to cut expenses. Cisco Systems (CISCO) beat on earnings and raised guidance. On the other hand, Shopify (SHOP) shares fell as the company outlook disappointed.