Tapestry Inc (NYSE:TPR) stock was last seen up 3.7% at $134.68, and earlier surged to a record high of $142.22, after the company announced better-than-expected fiscal second-quarter results. Coach's quarterly revenue jumped 25% with help from Tabby handbags, which have become popular amongst Gen-Z customers, leading the global fashion conglomerate to lift its full-year forecast. Year over year, TPR is up 84% after tacking on 36% in just the last three months. Prior to today's bull gap, the stock found unde ...

Tapestry raised its annual earnings targets on Thursday for a second time after strong demand for its Tabby handbags helped the affordable luxury retailer comfortably beat holiday-quarter estimates. ...

Group 1: DoorDash Performance - DoorDash shares fell over 17% after missing third-quarter profit estimates and providing a lower-than-expected guidance for adjusted EBITDA in the current quarter [3][7] - The company warned of rising costs due to investments in business expansion and new initiatives, including autonomous delivery [3][7] Group 2: Broader Market Trends - Major U.S. equity indexes declined, with tech stocks leading the drop, as job cuts in October reached the highest level since 2003 [2] - The Dow dropped 0.8%, the S&P 500 fell 1.1%, and the Nasdaq decreased by 1.9% [2] Group 3: Other Company Performances - Robinhood Markets saw its stock fall nearly 11% despite exceeding sales and profit forecasts, primarily due to higher-than-expected operating expenses and disappointing cryptocurrency revenue [4] - Paycom Software reported lower-than-expected quarterly earnings, leading to a nearly 11% drop in its shares, citing increased spending on technology investments [5] - Tapestry shares fell 9.6% despite surpassing sales and profit forecasts, with disappointing guidance attributed to tariff-related headwinds [6][8] - Datadog's shares surged about 23% after posting better-than-expected quarterly earnings and benefiting from strong demand from AI customers [9] - Texas Pacific Land's shares increased by 10% after reporting record quarterly revenue, despite sales and profit falling short of expectations [10] - Air Products and Chemicals gained 8.9% after edging out earnings per share estimates while announcing a strategic revamp focused on cost-cutting and core industrial gases [11]