BUZZ-Dexcom plunges as revenue forecast cut spooks investors Updates ** Medical device maker Dexcom's DXCM.O shares s lumped nearly 40% to $64.80 after co slashed its annual revenue forecast ** Stock touched a four-year low of $64.37 in early trading on Friday, with nearly $17 billion of the co's market value set to be wiped out if losses hold ** The glucose monitor maker attributed the outlook cut to the fallout from a revamp of its salesforce but which some analysts said raised questions about

UPDATE 4-Dexcom plunges as revenue forecast cut spooks investors Updates shares in paragraph 1-2 By Bhanvi Satija July 26 (Reuters) - Dexcom DXCM.O shares closed more than 40% lower on Friday after the glucose monitor maker slashed its annual revenue forecast due to the fallout from a salesforce revamp, prompting some analysts to question its long-term prospects .

BUZZ-IBM climbs after beating revenue estimates, forecasting software business growth ** Shares of IT software and consultancy services provider IMB IBM.N gain 4.1% to $191.54 premarket ** Co reports Q2 revenue of $15.77 bln, above analysts' estimates of $15.62 bln - LSEG data ** Raises forecast for its software business, sees high-single-digit percentage growth vs mid-single-digit earlier, as clients spend more on AI ** J.P.

UPDATE 5-Google parent Alphabet beats Q2 revenue, profit estimates on strong ads, cloud Adds background, capex estimate, details on AI and Waymo in paragraphs 1-3, 6, 10-16, 21 By Greg Bensinger and Yuvraj Malik July 23 (Reuters) - Alphabet GOOGL.O beat second-quarter revenue and profit estimates on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services, but flagged that capital expenses would remain high for the year .

MEDIA-Nike hires former Salesforce executive as CIO in tech division shakeup - Bloomberg News -- Source link: https://tinyurl.com/4v2c2c8b -- Note: Reuters has not verified this story and does not vouch for its accuracy