"Gap and Zscaler Rise, Dell and MongoDB Fall in Mixed Market"

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Source: Investing.com
"Gap and Zscaler Rise, Dell and MongoDB Fall in Mixed Market"
Photo: Investing.com
TL;DR Summary

U.S. stock futures declined on Friday despite in-line inflation data for April, as disappointing earnings from major tech companies weighed on sentiment. Dell Technologies fell 21% due to a lower-than-expected earnings outlook, while MongoDB dropped 25% after issuing light guidance. Gap surged 25% on raising its full-year sales forecast, and Zscaler rose 6% following strong quarterly earnings. Other notable movers included Nordstrom, Trump Media & Technology Group, Marvell, Costco, Ambarella, Flutter Entertainment, Caesars Entertainment, Veeva Systems, and SentinelOne.

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