Market Performance - The Dow Jones Industrial Average is down more than 100 points or 0.3% [7] - The S&P 500 is down about 26 points or 0.4% [7] - The Nasdaq Composite is down about 0.3% [7] - The Nasdaq 100 is down about 0.5% [7] - The Russell 2000 finished up 0.2% [8] - It's the sixth straight day of declines [8] Earnings and Revenue - Intuit's fourth quarter adjusted EPS was $2.75, beating the consensus estimate of $2.66 [9] - Intuit's net revenue was $3.83 billion [10] - Intuit sees 2026 revenue of $21 billion to $21.19 billion [10] - Ross Stores' comp sales grew about 2%, in line with expectations but half of the year-ago period [12] - Ross Stores' EPS came in at $1.56, beating the Street's expectation of $1.53 [12] - Workday's second quarter adjusted earnings per share came in above estimate [15] - Workday's second quarter revenue matched estimates [15] - Zoom's second quarter adjusted EPS of $1.53 topped the consensus estimate of $1.38 [23] - Zoom's second quarter revenue was $1.22 billion, slightly beating the expected $1.2 billion [23] - Zoom sees full year revenue of $4.83 billion to $4.84 billion [23] - Zoom's full year free cash flow will be at least $1.74 billion [24] Company Specific News - Workday signed a definitive agreement to acquire Paradox [15] - Paramount Skydance is under scrutiny from House Democrats regarding their merger [19] - Select quote surged after reporting positive adjusted EBITDA in the first quarter [20] - Walmart's profit missed expectations for the first time in three years [25] - Coty shares are down 22%, the worst daily performance since March 2020, after forecasting steep sales declines [27] - Cracker Barrel's stock declined after changing its logo [29]
S&P Snaps Six-Day Streak Ahead of Fed | Closing Bell
Bloomberg Television·2025-08-21 20:52