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DocuSign's stock faced a setback amid stalled acquisition talks, leading to a 2.84% decline. Revenue growth slowdowns also pose challenges, as demand is easing.
Utilities have surged, with the XLU ETF gaining 4.72% in a week. Known for steady dividends, they attract income-focused investors amid market uncertainty.
Following a promising Q1 performance, Extreme Networks issued disappointing guidance, hinting at a potential industry-wide downturn for networking companies.
Tesla's stock dipped 4.79% due to ON Semiconductor's weak Q4 forecast, as automakers signal a potential slowdown in the wider EV market. ON Semi fell 21.77%.
In its Q3 report, Ford said it was adapting its EV approach to address cost competitiveness, reflecting customer price sensitivity. Earnings and sales grew.
Health insurers UnitedHealth, Humana, and Elevance pay steady dividends, offering stability even as the industry faces headwinds regarding Medicaid coverage.