Closing Bell Earnings Special: Autodesk, Duolingo & CoreWeave
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Tim Stenovec
- Autodesk (ADSK) forecast adjusted earnings per share for the first quarter; the guidance beat the average analyst estimate.
- Duolingo (DUOL) shares are sinking 20% in extended trading, after the language-learning software company gave a full-year outlook that is below expectations. The stock is down 33% this year, as of the last close, as investors fret about the prospect of AI-related disruption.
- CoreWeave (CRWV) reported a bigger loss than anticipated, with a loss of 89 cents a share in the fourth quarter. The company's revenue rose to $1.57 billion, and it has contracts with clients such as OpenAI, Meta Platforms and Microsoft Corp.
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