The Dow Jones Industrial Average (^DJI) closed 330 points, or 0.86%, lower, while the Nasdaq Composite (^IXIC) saw an even greater decline of 1.08%, amounting to a loss of 183 points. The S&P 500 (^GSPC) also declined by 0.60%. Dell Technologies (DELL) stock tumbled in Thursday's after-hours trading even though the computer company beat earnings expectations for its first quarter. After the market closed, shares of Zscaler (ZS) began taking off on the cloud security provider's fiscal third quarter results, while Ulta Beauty (ULTA) also continued to climb after its first quarter earnings beat expectations. For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino
Zscaler (ZS) shares are taking off after the market close on the cloud security provider's fiscal third-quarter results: $553.2 million in revenue (expected $536.8 million) and earnings of $0.88 per share (expected $0.65 per share). Yahoo Finance's Julie Hyman and Josh Lipton home in on Zscaler's full-year guidance and enterprise outlook. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Tech stocks fell sharply in the stock market Friday, weighed down by an earnings sell-off for Dell. Gap and Nordstrom rallied on earnings.