Positive. CAVA stock rose 6% after earnings beat, Uber fell 3% on driverless rides announcement.

From CNBC: 2024-08-22 16:49:42

Cava Group’s stock rose nearly 6% after hours following better-than-expected earnings, with a profit of 17 cents per share and revenue surpassing estimates. Uber shares fell 3% after announcing a partnership with General Motors’ Cruise for driverless rides, boosting GM’s shares by over 1%. Ross Stores saw a 6% surge in stock after beating earnings expectations with an EPS of $1.59 in the second quarter. Workday’s stock dropped over 6% despite exceeding earnings and revenue expectations, with investors possibly concerned about third-quarter subscription revenue forecast. Bill Holdings’ shares rose over 3% after reporting adjusted earnings of 57 cents per share and revenue of $344 million in the fiscal fourth quarter, both exceeding expectations. Intuit’s shares climbed 3% in extended trading after posting earnings of $1.99 per share and revenue of $3.18 billion, surpassing analyst expectations.



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