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● Scrutiny of the planned $5.66 billion BrazeAcquisitionadded pressure.
● Fortinet fell to $139.10 after cutting its full-year serviceRevenueforecast.
● Bookings fell from a year earlier, and fourth-quarter growth guidance trailed expectations.
● Instacart holders can choose cash, DoorDash stock, or a mix of both.
● Closing is expected in late 2027 or the first half of 2028.
● Fourth-quarterGAAPearnings were guided to 84 cents, below 93 cents in Q3.
● Service revenue of $1.313 billion grew more slowly than analysts had expected.
● Product revenue of $765 million grew, but the pace slowed sharply from the prior quarter.
● Full-year revenue guidance was raised to $5.47 billion to $5.52 billion.
● Search revenue grew 12% to $63.4 billion, slower than the roughly 15% expected.
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