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NTAP Shaky Earnings, ADSK Activist Pressure & SOUN Beat

9 min28 februari 2025

Tech companies remain top of mind this morning. NetApp (NTAP) slid more than 10% down after reporting weaker-than-expected earnings and guidance. Autodesk (ADSK) saw strength in cloud storage and demand but faces continued investor activist pressure from Starboard Value. Soundhound (SOUN) posted an earnings beat that bumped its stock higher following its sell-off linked to Nvidia (NVDA) earlier in February. Diane King Hall turns to the morning's biggest tech movers.


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