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Why Samsara (IOT) Stock Is Trading Lower Today

Shares of internet of Things company Samsara (NYSE:IOT) fell 14% in the morning session after the company reported weak fourth quarter results: its billings missed, and its full-year revenue guidance only met expectations. On the other hand, Samsara's optimistic full-year EPS guidance blew past analysts' expectations. In addition, its revenue, EPS, and EBITDA outperformed Wall Street's estimates. Overall, this quarter had some key positives. The stock's reaction suggested markets focused on the

Nasdaq 100 Tumbles Into a Correction as Tech Selloff Intensifies

(Bloomberg) -- The Nasdaq 100 Index sank into a correction on Friday, as investors continue to sour on the megacap technology stocks that led the stock market rally over the past two years.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-

Nasdaq plans 24-hour trading as global appetite for US stocks grows

(Reuters) -Nasdaq Inc plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities, a senior executive said in a social media post on Friday. International demand for the lucrative U.S. equity market has surged in recent years, driven by rising retail participation, increasing financial literacy, and easier access to digital trading platforms. The exchange operator has started discussions with regulators and expects to launch 24-hour, five-days-a-week trading in the second half of 2026, Nasdaq President Tal Cohen wrote in a LinkedIn post.