"Similar to our peers, we see a slowdown in China impacting demand. However, much of this was factored into our original guidance and we are maintaining our full year fiscal 2019 business outlook," said President and CEO of Broadcom Hock Tan. Broadcom gave full year guidance in line with estimates: $24.5 billion, vs. the $24.3 billion estimated. Shares of Facebook ticked two percent lower after hours on news that two of the company's executives, Chief Product Officer Chris Cox and WhatsApp Vice President Chris Daniels, are leaving . Adobe issued weak second-quarter guidance: earnings per share of $1.77, compared to the $1.88 expected by analysts. Oracle shares rose slightly but later turned negative after market close Thursday following better-than-expected third-quarter earnings.
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Mar 18, 2019