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With a few clicks on his keyboard and one social-media post to the world, President Donald Trump revived a long-running debate on the merits of quarterly earnings reports. The resolution could have significant ramifications for investors. The Securities and Exchange Commission is listening to the president. After Trump’s missive on Truth Social on Monday morning…
A Qantas Airways Boeing 737 aircraft takes off from Sydney International Airport in Sydney on August 18, 2025. David Gray | Afp | Getty Images Shares of Australian flag carrier Qantas rose to a record high Thursday after its full-year earnings results beat estimates, buoyed by resilient demand across its domestic and international networks. Qantas…
A Dick’s Sporting Goods store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Dick’s Sporting Goods raised its full-year sales and earnings guidance after delivering fiscal second-quarter results that beat expectations. The company is now expecting comparable sales to grow between 2% and 3.5%, up from a previous range of…
It was a stellar week for stocks as Wall Street speculated on the Federal Reserve’s upcoming and highly anticipated interest rate decision and what comes next. The S & P 500 and Nasdaq each hit multiple record highs since Monday. A mixed bag of economic data, along with a blowout earnings report from Oracle ,…
Josh Brown believes Nvidia is headed to $200 a share as investors focus on the “meat and potatoes” of the business. The chipmaker was down about 1% in midday trading Thursday after falling as much as 5% overnight —despite second-quarter earnings and revenue beating Wall Street analysts’ estimates. Brown, CEO of Ritholtz Wealth Management, said…
Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings report and slashed its full-year revenue outlook. The chain said Thursday that it will take another $30 million hit to its forecast because of tariffs, even though the retailer stood by its full-year projection three…
Check out the companies making headlines after the bell : Adobe — The design software maker’s shares rose nearly 3% in extended trading after the firm reported fiscal third-quarter results that topped analysts’ estimates. Adobe also hiked revenue guidance for its digital media business. RH — The luxury furniture maker saw shares drop 6% in…
An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. David Becker | Getty Images Adobe shares rose about 6% in extended trading on Thursday after the design software maker reported fiscal third-quarter results that topped analysts’ estimates. Here’s how the company did in…
Check out the companies making headlines after the bell : Oracle — The tech old guard jumped 23% after reporting that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. Shares surged despite the company also reporting fiscal first-quarter earnings and revenue that came in below…
Oracle shares spiked 30 % Wednesday after the database software maker indicated hefty growth prospects due to new cloud contracts, even as earnings and revenue missed estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $1.47 adjusted vs. $1.48 expected Revenue: $14.93 billion vs. $15.04 billion expected Revenue increased 12%…
Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images John DiFucci from Guggenheim Securities said he was “blown away.” TD Cowen’s Derrick Wood called it a “momentous quarter.” And Brad Zelnick of Deutsche Bank…
Charles Giancarlo, Pure Storage CEO, joins CNBC’s ‘Closing Bell Overtime’ on Aug. 27, 2025. CNBC Pure Storage shares jumped 32% on Thursday and closed at a record after the data storage management vendor reported quarterly results that topped estimates and lifted its guidance for the year. Wall Street was particularly enthused about the early success…
American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations. The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new fiancé…
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI fell 14% in extended trading on Wednesday after it announced fiscal first-quarter results and the appointment of Stephen Ehikian as its new CEO. C3 AI reported $70.3 million…
Salesforce on Wednesday reported better-than-expected second quarter results, but the stock sold off in extended trading due to concerns about soft third-quarter revenue guidance and lack of upside in the full-year outlook. Revenue in its fiscal 2026 second quarter rose 10% year over year to $10.24 billion, topping expectations of $10.14 billion, according to LSEG….
Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya | Anadolu | Getty Images A bad year just got worse for Salesforce. Following a disappointing revenue forecast in its quarterly earnings report late Wednesday, Salesforce’s stock slumped nearly 5%, bringing its…
The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s next interest rate decision. Initially, the S & P 500 and Nasdaq hit all-time intraday highs Friday morning as investors digested a slower-than-expected August jobs growth . The weak…
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported fiscal third-quarter earnings that beat expectations and provided robust guidance for the current quarter. The stock rose in extended trading after the company said it had secured $10 billion in orders from a new client for custom chips. Here’s how the chipmaker did versus LSEG…
Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs take a bite from its profits. The company topped second-quarter earnings estimates but slightly missed revenue expectations. It said it expected President Donald Trump’s tariffs to hit its full-year profits by $240 million. Lululemon said…
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares soared 15% on Friday after the chipmaker said on its earnings call that it had secured a new $10 billion customer. Analysts quickly pointed to OpenAI. Following a better-than-expected earnings report late Thursday, Broadcom CEO Hock Tan told analysts that…
Broadcom on Thursday evening reported a strong quarter and a solid guide. But the stock really got going after CEO Hock Tan talked about $10 billion in custom AI-related orders from a new customer. Revenue in the fiscal 2025 third quarter, which ended Aug. 3, increased 22% year over year to $15.95 billion, ahead of…
Figma shares plunged 14% in extended trading on Wednesday after the design software company reported results for the first time since its initial public offering in July. Here’s how the company did in comparison with LSEG consensus: Earnings per share: Breakeven Revenue: $249.6 million vs. $248.8 million expected Revenue increased 41% year over year in…
Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading. Here’s how the company…
Macy’s posted fiscal second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between $21.15…
A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Despite beating on its top and bottom lines, shares of Dell Technologies fell more than 5% Thursday in extended trading after giving third-quarter earnings per share guidance that below Wall Street’s expectations. Here’s how the systems…
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images Hong Kong-listed shares of BYD slid nearly 8% Monday after the Chinese electric vehicle maker reported a sharp drop in quarterly profit amid an aggressive price war across its domestic industry. The Tesla rival…
Gap stock fell in extended trading on Thursday after the company warned tariffs will impact its profits moving forward. When Gap last reported results in May, it said it expected tariffs to cost between $100 million and $150 million on a net basis, but on Thursday, it said those costs are now going to be…
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant’s cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development….
Ulta Beauty on Thursday raised its full-year forecast, after reporting growth in all major categories and topping Wall Street’s quarterly sales expectations. The beauty retailer said it expects net sales of between $12 billion and $12.1 billion, up from its previous range of $11.5 billion and $11.7 billion, representing an increase from last fiscal year’s…
Check out the companies making headlines before the bell : Alibaba — The Chinese e-ecommerce giant saw shares rising more than 3% after The Wall Street Journal reported that the firm has created a more advanced chip as it looks to fill the gap left by Nvidia running into issues around selling its chips in China. Nvidia…
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading….
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Shares of Marvell Technology plunged 18% on Friday after the artificial intelligence chipmaker’s data center revenue fell short of estimates and it gave lackluster guidance for the current quarter. Here’s how the company did…
A strong month for the stock market ended on a sour note. The S & P 500 on Friday retreated just over 0.6% from Thursday’s record high close. That decline sent the index slightly into the red for the week and ended its four-week winning streak. For the month of August, however, the S &…
Affirm stock popped 20% Friday after the buy now, pay later firm beat Wall Street’s expectations across the board in its fiscal fourth-quarter results. The stock was already up 31% this year heading into the report, outpacing the Nasdaq’s 12% gain. Earnings came in at 20 cents a share and nearly doubled analyst expectations, with…
Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here’s how the company did versus LSEG consensus estimates: EPS: 20 cents vs. 11 cents estimated Revenue: $876 million vs. $837 million estimated Revenue climbed 33% in the period…
Best Buy surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty. CEO Corie Barry said the retailer’s earnings call that it’s “increasingly confident about our plans for the back half of the year” and said the company is “trending toward the…
Nvidia delivered a better-than-expected quarterly results Wednesday night, but a few blemishes in the report — at least in the eyes of the market — has shares of the leading AI chipmaker falling in extended trading. That’s all some investors need to book profits in a stock that’s nearly doubled off its April lows. Revenue…
A sign is displayed above a Kohl’s store in Chicago on March 1, 2023. Scott Olson | Getty Images Kohl’s shares climbed more than 20% on Wednesday after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO. The Wisconsin-based department store…
Okta CEO Todd McKinnon appears on CNBC in September 2018. Anjali Sundaram | CNBC Okta shares rose 7% in extended trading on Tuesday after the identity software maker reported fiscal results that exceeded Wall Street projections. Here’s how the company did in comparison with LSEG consensus: Earnings per share: 91 cents adjusted vs. 84 cents…
Circle Internet Group shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. While charges related to the stablecoin issuer’s debut contributed to a second-quarter loss, it reported a 53% increase in revenue, driven by strong growth in stablecoins. Revenue rose to $658.1 million from $430 million in the same period a year ago….
Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6% to 8%. Shares of the company plunged nearly 20% Wednesday. The stock has fallen 40% this year, including…
Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath after reporting disappointing quarterly sales. A year ago, eateries like Chipotle Mexican Grill and Cava were reporting double-digit same-store sales growth, even as the broader restaurant industry posted falling traffic and slumping sales. But times…
CoreWeave‘s stock sank 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a loss of 21 cents per share expected by analysts polled by LSEG. CoreWeave’s results came as…
Cisco Systems on Wednesday evening beat Street estimates on both the top and bottom line with its fiscal 2025 fourth quarter results. The company also issued slightly better than expected guidance, driven by strong growth for its networking products. Revenue in the quarter ended July 26 increased 8% year over year to $14.67 billion, exceeding…
A Klarna advertisement at the Metro Center metro station in Washington, DC, US, on Tuesday, June 3, 2025. Stefani Reynolds | Bloomberg | Getty Images Swedish fintech Klarna, which in April paused plans for an initial public offering in the United States, said on Thursday its second-quarter revenue grew 20% from a year ago on…
Palo Alto Networks shares jumped Monday evening after the cybersecurity firm posted a better-than-expected quarter and provided a first look at guidance for its next fiscal year. These strong results should ease concerns that the $25 billion CyberArk deal was masking a slowdown in the core business. Revenue for the company’s fiscal 2025 fourth quarter…
Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter, but homeowners’ appetite for bigger projects remained softer. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that it has struck a deal to acquire Foundation Building Materials,…
Shoppers come and go the TJ Maxx store at the Mall at Prince George’s on August 17, 2022 in Hyattsville, Maryland. Chip Somodevilla | Getty Images TJX Cos. on Wednesday reported earnings and revenue that beat Wall Street’s expectations and raised its full-year guidance, as the discounter behind T.J. Maxx, Marshalls and HomeGoods said it…
CEO of Workday Carl M. Eschenbach and Ana Eschenbach attend the Allen and Company Sun Valley Media and Technology Conference at The Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2025. Brendan McDermid | Reuters Workday reported an earnings beat on Thursday, but issued guidance that was inline with estimates and warned of…
The logos of Walmart and Sam’s Club are pictured in Cuautitlan Izcalli, Mexico, January 30, 2025. Raquel Cunha | Reuters Walmart on Thursday raised its full-year earnings and sales outlook as its online business posted another quarter of double-digit gains, even as the company said costs are rising from higher tariffs. The big-box retailer topped…
TJX Companies on Wednesday reported better-than-expected quarterly results, vaulting over the high bar inherent for a stock hovering near its record high into earnings. Revenue in the three months ended Aug. 2 increased 7% year over year to $14.4 billion, exceeding the consensus estimate of $14.1 billion, according to LSEG. Earnings per share (EPS) in…
Target beat Wall Street’s earnings and sales expectations and reaffirmed its outlook on Wednesday, even as the discounter’s sales and traffic across its stores and website declined. Yet the Minneapolis-based retailer pointed toward the future – and its focus on getting back to growth – by naming its next CEO. Chief Operating Officer Michael Fiddelke,…
Home Depot shares soared Tuesday as investors saw past quarterly disappointments and looked forward to a better back half of the year. Revenue in the firm’s fiscal 2025 second quarter rose 4.9% year over year to $45.28 billion, missing expectations of $45.36 billion, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) in…
General view of a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty Images Home Depot stuck by its full-year outlook on Tuesday, even as the company came in slightly shy of Wall Street’s expectations for quarterly earnings and revenue. The home…
Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period. The cybersecurity software vendor said Nir Zuk, who founded the company…
The stock market has been on a tear over the past month, as Wall Street mulled over quarterly earnings reports, President Donald Trump ‘s tariff moves, and the Federal Reserve’s next monetary policy decision. Since last month’s third annual meeting of the CNBC Investing Club, the S & P 500 and Nasdaq hit nine and…
We’re at the tail-end of the earnings season, but there are some major retailers still left to report this week. Walmart , Home Depot and Target are among the companies slated to post quarterly results. The reports will give investors a look at the state of the U.S. consumer. Overall, it’s been a strong earnings…
The John Deere logo is displayed as attendees view a 5105M utility tractor at the Deere & Co. booth during the World Ag Expo at the International Agri-Center in Tulare, California on February 11, 2025. Patrick T. Fallon | AFP | Getty Images John Deere is warning that tariff costs for the agricultural machinery company…
The stock market ended the week higher as Wall Street speculated on how a spate of economic releases would impact the Federal Reserve’s next interest rate decision. The S & P 500 and Nasdaq both gained nearly 1% over the past five sessions. Both benchmark gauges hit several record closes this week, with the S…
Shares of Salesforce rallied Friday as Wall Street bets that activist pressure may again help revive an otherwise dragging stock. Jeff Smith’s Starboard Value increased its stake in Salesforce by 47% during the second quarter, according to a securities filing , ending the month of June with a position worth $341.5 million. Starboard also added…
Applied Materials shares plunged14% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China. The company forecast adjusted earnings per share of $2.11, falling short of the $2.39 per share expected by LSEG. The company projected $6.7 billion in revenue, versus the $7.34 billion estimate. During an earnings call with…
Jim Cramer covered each holding in the Investing Club’s portfolio during the August Monthly Meeting on Thursday. He went over five stocks new investors should consider buying — and when to sell others – as the S & P 500 trades near record highs. Apple: This stock has had a big rally following the company’s…
People walk past a Coach store on Madison Avenue in New York. Carlo Allegri | Reuters Shares of Coach and Kate Spade parent Tapestry plunged Thursday after the company said tariffs will bite into its profits even as sales grow. The company’s stock closed the day at $95.69, down nearly 16%. The handbag, shoe and…
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of…
Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025. Al Drago | Bloomberg | Getty Images Cisco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. Here’s how the company did in comparison with LSEG consensus:…
The Tencent logo is displayed on the exterior of a building at the company’s headquarters, with a surveillance camera visible in the foreground, on November 30, 2024, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in…
Mike Intrator, co-founder and CEO of CoreWeave, speaks at the Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images CoreWeave shares slid 9% in extended trading on Tuesday even as the provider of artificial intelligence infrastructure issued results and guidance that beat expectations. Here’s how…
On Running shoes at On’s headquarters in in Zurich, Switzerland. CNBC On sales rose 32% in the Swiss sportswear company’s second quarter, leading it to raise its full-year revenue guidance even as it contends with new tariffs on imports from Vietnam. The buzzy sneaker brand, which has been credited with taking market share from Nike,…
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block shares jumped in extended trading on Thursday after the fintech company increased its forecast for the year. Here is…
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Kiyoshi Ota | Bloomberg | Getty Images SoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm. The Japanese…
Doordash food delivery service in New York City on Feb. 13, 2025. Danielle DeVries | CNBC DoorDash shares climbed 3% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here’s how the company did compared to analyst estimates based on LSEG’s consensus: Earnings per share:…
A corporate logo for McDonald’s hangs above the door of a restaurant on Broadway in New York City on June 11, 2025. Gary Hershorn | Corbis News | Getty Images McDonald’s is expected to report its second-quarter earnings before the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company…
A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Group on Tuesday softened its production outlook for the rest of the year as it reported second-quarter earnings that missed Wall Street expectations. The electric vehicle maker now…
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images BP CEO Murray Auchincloss on Tuesday leaned into the growth potential of the company’s recent oil and gas discoveries, as the struggling energy major contends with takeover questions and a major turnaround plan. “Inside the upstream, we’ve had tremendous performance, along with record…
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first…
Chevron on Friday reported second-quarter earnings that beat Wall Street estimates, though profits took a big hit compared to the prior year due to lower crude prices. The oil major’s net income declined about 44% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, in the same period last year….
The busiest week of earnings has passed, but there are still dozens of key reports still to come that could shake up Wall Street. About 120 S & P 500 companies are scheduled to post their latest earnings. Among them are Disney , Advanced Micro Devices and Dow Jones Industrial Average member Pfizer . Those…
The Moderna logo is seen in Warsaw, Poland, on April 9, 2025. Jakub Porzycki | Nurphoto | Getty Images Moderna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance…
Linde on Friday reported better-than-expected quarterly results Thursday, showcasing what the industrial gas giant does best when times get tough. Revenue for the first quarter ended June 30, increased roughly 3% versus the year-ago period, coming in at $8.5 billion, ahead of the the LSEG compiled analysts’ consensus estimate of $8.35 billion. Adjusted earnings per…
Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Amazon on Thursday reported second-quarter earnings that beat expectations on most metrics, but the results weren’t good enough to please Wall Street. Amazon stock slid following the release and…
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches…
Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 9, 2025. Kevin Dietsch | Getty Images Amazon will report second-quarter results after the market close Thursday. Here’s what analysts surveyed by LSEG are expecting: Earnings per share: $1.33 Revenue: $162.09 billion Wall Street is also looking…
The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Picture Alliance | Picture Alliance | Getty Images Britain’s Shell on Thursday reported better-than-expected second-quarter profit and maintained the pace of its shareholder returns, despite…
Customers enter a Starbucks coffee shop in New York, US, on Monday, July 28, 2025. Victor J. Blue | Bloomberg | Getty Images Wall Street is seeing early signs that Starbucks‘ turnaround is taking hold, despite a quarterly earnings miss and another quarter of shrinking same-store sales. “The focus for Starbucks’ third fiscal quarter was…
Starbucks shares rose more than 3% in extended trading on Tuesday, even though the coffee chain reported mixed quarterly results. Despite this, we heard enough positives to confirm that CEO Brian Niccol’s turnaround remains firmly on track. Revenue increased 3.8% year over year to $9.46 billion in the fiscal 2025 third quarter, beating the $9.31…
Daniel Ek, CEO and Founder of Spotify Andrew Burton | Getty Images Spotify shares dropped 10% Tuesday after the music streaming service fell short of Wall Street’s expectations and posted weak guidance for the current quarter. Shares headed for their worst session since July 2023. Here’s how the company did versus LSEG estimates: Loss: Loss…
Southwest Airlines shares fell more than 11% Wednesday after the carrier posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. Here’s how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: Earnings per…
Customers line up in front of the Laopu Gold Store in Shanghai, China, February 27, 2025. Cfoto | Future Publishing | Getty Images Shares of Laopu Gold fell to their lowest levels since May 20 after the Chinese jewelry upstart forecasted its net profit for the first half of 2025 would increase between 279% and 288% year over…
Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted as much as 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on…
This week marks the busiest week of the second-quarter corporate earnings season, and some of the world’s biggest companies are on the docket. In coming days, 151 companies in the S & P 500 are slated to release their latest quarterly results. That includes four of the “Magnificent Seven,” Meta Platforms and Microsoft on Wednesday…
European officials are working to secure a trade deal with the Trump administration, as regional companies sound the alarm over financial hits even before reciprocal tariffs have come into play. Earlier this month , U.S. President Donald Trump said he would slap a 30% tariff on all goods imported to America from the European Union,…
Valera Golovniov | Sopa Images | Lightrocket | Getty Images Centene on Friday posted a surprise quarterly loss, in yet another disappointment for investors in the sector that has suffered a series of setbacks due to rising costs in government-backed insurance plans. Shares of the company tumbled 14.5% in premarket trading, dragging down peers Elevance…
A worker performs a final check on new Volkswagen ID.3 electric cars at the Volkswagen plant on May 14, 2025 in Dresden, Germany. Sean Gallup | Getty Images News | Getty Images Germany’s Volkswagen on Friday lowered its full-year guidance and reported a sharp drop in second-quarter profit, as the auto giant navigates the disruptive impact of…
Lip-Bu Tan, Chief Executive Officer of Intel, appears at an event organized by the company. Andrej Sokolow | Picture Alliance | Getty Images Intel‘s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its struggling business. Concerns about where that leaves Intel’s chip manufacturing business overshadowed…
The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company’s new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock…
skills are needed to build on a DEX Building on a decentralized exchange, especially a DEX for AI agents, requires a combination of technical skills from both blockchain development and artificial intelligence domains. As DEX platforms become more sophisticated and begin to accommodate autonomous agents, developers must possess a broad and interdisciplinary skill set to…
American Airlines shares slumped 9% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and it reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla reported a 16% decline in automotive revenue as sales fell for a second straight quarter and again trailed analysts’ estimates. Here’s how the company did,…
The Texas Instruments headquarters in Dallas, Texas, US, on Sunday, Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments shares plunged 12% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per…
Capital One shares rose on Tuesday evening despite the company reporting an extremely noisy second-quarter result due to the Discover integration. Still, we like where the company is headed with this game-changing acquisition. Revenue in the three months ended June 30 increased 31% year over year to $12.5 billion, missing the consensus estimate of $12.7…
Club holding Capital One will unveil its second-quarter earnings report after the bell Tuesday, offering Wall Street a crucial look into the financial pulse of the U.S. consumer. Capital One’s financials don’t just give investors an understanding of the company’s performance. As one of America’s largest credit card issuers — with a more diverse client…
New GMC trucks are displayed on the sales lot at Hanlees Hilltop GMC in Richmond, California, on July 2, 2024. Justin Sullivan | Getty Images General Motors is set to report second-quarter earnings before the bell Tuesday, as investors watch for how President Donald Trump’s auto tariffs will affect the automaker’s results and for any…
Domino’s Pizza restaurant showing company logo above entrance, a major pizza restaurant chain with over 15,000 locations in the United States and internationally. Melinda Crawford | UCG | Universal Images Group | Getty Images As the restaurant industry aims to lure frugal consumers with discounts and deals, Domino’s Pizza thinks it can steal diners from…
Volvo vehicles seen outside a Volvo dealership in Edmonton, AB, Canada, on February 02, 2025. Nurphoto | Nurphoto | Getty Images Shares of Sweden-based automaker Volvo Cars rose as much as 10% on Thursday as the company’s second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline. Volvo Cars, which is owned by China’s…
The corporate earnings season heats up this week with some of the largest companies in the world set to report. More than 100 S & P 500 names are scheduled to post their latest quarterly figures, including Tesla, Alphabet and Coca-Cola. Those numbers come after a solid start to the reporting period. Of the roughly…
PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, as the company projected that weak North American demand will rebound as strategy changes take hold. Executives shared more details on the quarterly conference call about how Pepsi plans to boost its brands, lean into healthier snacking trends and cut costs. CEO Ramon Laguarta said…
A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines‘ second-quarter earnings beat estimates, and its CEO said travel demand is picking up after a rocky start to 2025. Travel demand, particularly from more price-sensitive customers for domestic…
Earnings season has kicked off in Europe , and the impact of U.S. tariffs are beginning to show up in the hard numbers. That has now made analyst consensus — which just last week predicted a mild 0.2% dip in profits for companies on the Stoxx Europe 600 index — forecast a 0.7% year-over-year decline, according…
A Swedish Air Force Saab JAS 39 Gripen jetfighter takes part in the NATO exercise as part of the NATO Air Policing mission, in Alliance members’ sovereign airspace on July 4, 2023. John Thys | Afp | Getty Images Shares of Swedish defense giant Saab jumped on Friday morning, after the company reported stronger-than-expected profit and sales…
Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed with forward guidance. Revenue in the three months ended June 30 rose 7.4% to $11.14 billion, outpacing the $11.07 billion consensus estimate, according to estimates compiled by LSEG. Organic sales , excluding Covid testing results,…
Netflix is due to report second-quarter earnings after the closing bell Thursday. The streaming service is no longer offering investors quarterly subscriber updates, but Wall Street will be keen to hear how recent price hikes and the platform’s growing advertising tier are faring — especially as businesses across all sectors grapple with consumers tightening their…
Check out the companies making headlines after the bell : United Airlines — Shares fell nearly 2% after the airline carrier posted a second-quarter revenue of $15.24 billion, missing analysts’ expectations of $15.35 billion, according to LSEG. Earnings, however, came in at $3.87 per share, exceeding the $3.81 consensus. Sarepta Therapeutics — The biopharma stock…
onathan Raa | Nurphoto | Getty Images ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML’s guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of the…
Jane Fraser, CEO, Citigroup, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Citigroup reported second-quarter results on Tuesday that topped analyst expectations, helping to boost a stock that has already been outperforming the broader…
Jamie Dimon, CEO of JP Morgan Chase, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC JPMorgan Chase on Tuesday topped analysts’ estimates on better-than-expected revenue from fixed income trading and investment banking. Here’s what the company reported: Earnings: $5.24 a share, may…
It’s that time again. The second-quarter earnings season kicks off this week with 37 companies that are members of the S & P 500 index set to report. Among the most notable companies outlining how they performed in the quarter ended June 30: big banks, led by JPMorgan Chase , the largest in the land,…
Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves. The denim maker doesn’t disclose its key manufacturing hubs, but much of its supply comes from Southeast Asia. Many countries in the…
A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Delta Air Lines reinstated its 2025 profit outlook Thursday and said it expects a stronger summer travel season than Wall Street anticipated. Bookings have stabilized after a drop…
People move through Newark Liberty International Airport following a news conference by Transportation Secretary Sean Duffy at the airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty Images Millions of travelers are expected…
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher duties. Shares of the company…
Tourists and domestic visitors in the West End at Leicester Square outside the Greggs bakery which is known as the Mega Greggs on 28th July 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. high-street baker Greggs, famed for its sausage rolls and hot savoury bakes, warned on Wednesday that…
Boxes of General Mills cereal are displayed on a grocery store shelf on December 20, 2023 in San Anselmo, California. Justin Sullivan | Getty Images General Mills forecast annual profit below expectations on Wednesday, as weak demand for its refrigerated baked goods and snacks in the U.S. in a tariff-driven, uncertain macroeconomic background weighed on…
AeroVironment stock rocketed 21.6% higher Wednesday as the drone maker beat fourth-quarter expectations on the top and bottom lines. Here’s how the company did compared to analysts’ expectations: Earnings: $1.61 per share adjusted vs. $1.39 per share expected Revenue: $275 million vs. $242 million expected The company reported financial results after market close Tuesday but…
Nike on Thursday said it expects sales and profit declines to moderate ahead, after the sneaker giant took its biggest financial hit yet from its turnaround plan during its fiscal fourth quarter. While the worst could be behind the company, it has new challenges like tariffs to face, making a tough turnaround that much more…
A close-up view of the illuminated red H&M logo in front of a display of women’s summer dresses and casual apparel at a retail store. Cheng Xin | Getty Images News | Getty Images Swedish clothing giant H&M on Thursday pointed to an uptick in demand to kick-start the summer season, sending shares higher. The world’s…
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron reported better-than-expected earnings and revenue on Wednesday and issued a forecast…
Carnival shares climbed nearly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance. According to the company’s earnings report, the cruise operator posted adjusted earnings of 35 cents per share while beating analysts’ estimates of 24 cents, according to LSEG. Adjusted revenue came in at a record $6.3…
FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year. The company achieved its “structural cost reduction target, in the face of ongoing headwinds,” CEO Raj Subramaniam said in a media release….
Shares of Kroger rose more than 9% on Friday as the supermarket operator raised its full-year sales outlook and said it’s drawing shoppers seeking lower-priced store brands and cheaper alternatives to dining out. The Cincinnati-based grocer said it now expects identical sales, excluding fuel, to increase by 2.25% and 3.25% year over year, higher than…
Darden Restaurants on Friday beat Wall Street’s earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal 2026. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.98 adjusted vs. $2.97 expected Revenue: $3.27 billion vs. $3.26…
What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel’s overnight strike on Iran. Here is a closer look at the three biggest themes that defined the market this week. 1. Geopolitics: The attack on Iranian nuclear infrastructure rippled through financial markets on Friday. U.S. stocks sold off…
A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings…
Jason Kempin | Getty Images Entertainment | Getty Images Shares of RH jumped more than 15% in extended trading Thursday, as the company stuck by its sales forecast and said it is taking steps to offset higher costs from tariffs. The luxury furniture retailer said it expects full-year revenue to grow by 10% to 13%….
Larry Ellison, Oracle’s co-founder, chief technology officer and chairman, at right, and U.S. President Donald Trump share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House in Washington on Jan. 21, 2025. Trump announced an investment in artificial intelligence…
From left, former Fox Corp. Executive Chairman Rupert Murdoch and Larry Ellison, Oracle’s co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Anna Moneymaker | Getty Images News | Getty Images Oracle shares rose…
Wall Street analysts are optimistic heading into Oracle’s earnings release Wednesday after the bell. The cloud company is expected to earn $1.64 per share on revenue of $15.59 billion, LSEG said. Shares of the tech company have gained more than 7% this year. However, the highest price target on the Street suggests the stock could…
The Zara lettering can be seen on the façade above the entrance to a branch of the fashion brand in the city center of Nuremberg (Bavaria) on March 6, 2025. Picture Alliance | Getty Images Shares of Zara owner Inditex fell more than 6% on Wednesday after it posted weaker-than-expected quarterly sales and flagged a slower…
OpenAI CEO Sam Altman appears on screen during a talk with Microsoft Chair and CEO Satya Nadella at the Microsoft Build 2025 conference in Seattle on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI has hit $10 billion in annual recurring revenue, or ARR, less than three years after launching its popular…
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation”…
Shares of Abercrombie & Fitch soared Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are expected to hit its business by $50 million. The company is now expecting full-year earnings per share to be between $9.50 and $10.50, down from a previous range of between $10.40 and $11.40. Analysts were…
Bottles of the American whiskey Jack Daniel’s are offered for sale in a liquor store on November 27, 2023 in Chicago, Illinois. Scott Olson | Getty Images Shares of Jack Daniel’s-maker Brown-Forman plunged more than 18% on Thursday after the company reported quarterly earnings that came in below analyst estimates, weighed down by the impact…
Wall Street’s focus will turn to inflation after the S & P 500 posted another winning week, which ended on a high note thanks to a better-than-feared jobs report. The week ahead is quiet on the earnings front, with no Club holdings set to report. Events hosted by Club names Apple , Nvidia and BlackRock…
Dev Ittycheria, CEO of MongoDB. Adam Jeffery | CNBC MongoDB shares closed up nearly 13% after the software company surpassed fiscal first-quarter earnings expectations and raised its outlook, citing growing confidence in its cloud-based database service. Revenues hit $549 million during the period, jumping 22% from more than $450 million in the year-ago period. That…
A sign is posted in front of a Broadcom office in San Jose, California, on Dec. 12, 2024. Justin Sullivan | Getty Images Broadcom reported second-quarter earnings on Thursday that beat Wall Street expectations, and the chipmaker provided robust guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates: Earnings per share:…
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.” As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin McDonald said in a news release that “we intend to leverage our strong financial position and competitive advantages to play offense,…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks surged Friday following better-than-expected labor data. Nonfarm payrolls rose 139,000 in May, above the Dow Jones estimate of 125,000. The S & P 500 jumped more than…
Broadcom on Thursday night reported strong quarterly results and offered upbeat comments on the expected growth of its key artificial intelligence business. While profit-takers are pushing the stock down in extended trading, there is little cause for concern. Revenue in Broadcom’s fiscal 2025 second quarter increased 20% year over year to $15 billion, slightly ahead…
This satellite image from Planet Labs PBC shows what appears to be a sunken Chinese submarine at a shipyard near Wuhan, China, on June 15, 2024. Planet Labs PBC via AP Shares of satellite imagery company Planet Labs soared more than 50% during Thursday’s trading session on the back of its strong first-quarter earnings report….
George Kurtz, CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California, on March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares fell about 5% in extended trading on Tuesday after the security software maker issued a weaker-than-expected revenue forecast. Here’s how the company did against LSEG consensus:…
George Kurtz, chief executive officer of Crowdstrike Inc., listens during an interview in San Francisco, California, U.S., on Wednesday, Sept. 25, 2019. Michael Short | Bloomberg | Getty Images Shares of CrowdStrike slumped more than 5% on Wednesday after the cybersecurity company issued lackluster revenue guidance for the current quarter. The security software maker said…
CrowdStrike on Tuesday evening reported quarterly beats on many of the key metrics that investors focus on. However, it also delivered mixed guidance. As a result, we’re not surprised to see some profit-taking in after-hours trading, following Tuesday’s record-high close of nearly $489 per share. Revenue in the fiscal 2026 first quarter increased 20% year…
Sopa Images | Lightrocket | Getty Images HP reported second-quarter results that beat analysts’ estimates for revenue but missed on earnings and guidance, in part due to President Donald Trump’s sweeping tariffs. Shares sank 15% after the report. Here’s how the company did versus analysts’ estimates compiled by LSEG: Earnings per share: 71 cents adjusted vs. 80…
Nvidia shares jumped in extended trading Wednesday evening after the AI chipmaker reported better-than-expected quarterly revenue and earnings. It also provided an upbeat view of its current second quarter despite restrictions on what it can sell to China. Revenue in its fiscal 2026 first quarter increased 69% year over year to $44.06 billion, beating the…
Salesforce on Wednesday reported better-than-expected quarterly results and provided guidance that, on its face, seemed strong. But the market response was muted, as investors discovered what was really driving the improved outlook. Revenue in its fiscal 2026 first quarter rose 8% year over year to $9.83 billion, topping expectations of $9.75 billion, according to LSEG….
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, England. Dave Benett | Dave Benett Collection | Getty Images E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company…
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce shares slumped about 3% despite topping Wall Street’s fiscal first-quarter estimates and lifting its full-year guidance due to artificial intelligence tailwinds. The sales and customer service software…
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty. “The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are…
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters New tariffs could impact Gap‘s business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading. In a…
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Shares of Costco fell slightly on Thursday, despite the warehouse club posting quarterly earnings and revenue that topped estimates and reporting 8% year-over-year sales gains. Unlike many retailers, Costco does not provide…
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Zscaler shares jumped 9% Friday after reporting stronger-than-expected results in the third fiscal quarter driven by artificial intelligence and widespread adoption of its zero-trust security platform. “The proliferation of AI in all aspects of business is increasing the…
Costco on Thursday returned to its old ways of delivering earnings beats. Despite concerns about a tariff-driven hit to margins, the retailer’s better-than-expected results showed it is prepared to handle whatever challenges it may face. Total revenue in its third quarter of fiscal year 2025 increased 8% year over year to $63.2 billion, topping Wall…
Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells. For its fiscal 2026, the retailer said it now expects $41.1 billion to $41.9 billion of revenue, down from its previous range of $41.4 billion to…
Salesforce shares were volatile in extended trading on Wednesday after the sales and customer service software maker reported upbeat fiscal first-quarter results and guidance. Here’s how the company performed relative to LSEG consensus: Earnings per share: $2.58 adjusted vs. $2.54 expected Revenue: $9.83 billion vs. $9.75 billion expected Salesforce’s revenue grew 7.6% year over year…
Jensen Huang, co-founder and CEO of Nvidia, speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia reports fiscal first-quarter earnings on Wednesday after the bell. Here’s what Wall Street is expecting, per LSEG: Earnings per share: 93 cents adjusted Revenue: $43.31 billion Wall Street is…
Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Okta reported better-than-expected earnings and revenue on Tuesday but maintained its guidance as the identity management software vendor grapples with an uncertain economic backdrop. The stock plunged…
Home Depot on Tuesday reported mixed quarterly results, but checked a number of other crucial boxes for investors — and that was enough for shares to buck the broader market decline in the session. Revenue in the company’s fiscal 2025 first quarter rose 9.4% year over year to $39.86 billion, beating expectations of $39.31 billion,…
President Donald Trump last week increased the pressure on Apple over foreign-made iPhones in a scathing social media post that also intensified the overall stock market sell-off. In the week ahead, another great American tech giant — Club name Nvidia — will be in the spotlight. Following trade optimism the prior week, the S &…
Florida, Port St Lucie: TJMaxx, a cashier with a customer at check out. Jeff Greenberg | Universal Images Group | Getty Images TJX Cos maintained its annual forecasts on Wednesday and flagged an impact from U.S. tariffs, while resilient consumer demand for off-price goods amid an uncertain economy drove a quarterly sales beat for the…
TJX Companies on Wednesday reported a respectable set of first-quarter numbers and managed to leave its full-year guidance unchanged despite the evolving tariff picture. The stock’s decline in response to the earnings report is a gift to investors. Revenue in the three months ended May 3 rose 5.1% on annual basis to $13.11 billion, exceeding…
Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy of Wall Street’s expectations for quarterly sales, but beat earnings estimates. In the company’s news release, CEO Marvin Ellison said investments in its stores, technology and…
Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs, and backlash to the company’s rollback of key diversity, equity and inclusion efforts hurt its business. First-quarter earnings and revenue missed Wall Street’s expectations as sales fell nearly 3% compared with the year-ago period. Transactions across Target’s stores and website dipped…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Snowflake raised its fiscal 2026 forecast for product revenue on Wednesday, betting on strong demand for its data analytics services as enterprises prioritize artificial intelligence spending. The company’s shares rose 6% to $190.09 in extended trading after it topped first-quarter results estimates and forecast current-quarter…
Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025. Michael Nagle | Bloomberg | Getty Images Snowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results. Revenue in the fiscal…
Tiffany Hagler-Geard | Bloomberg | Getty Images Intuit on Thursday reported quarterly results that beat analysts’ estimates and issued stronger-than -expected guidance for the full year. The stock rose about 4% in extended trading. Here’s how the company did compared to analysts’ estimates compiled by LSEG: Earnings per share: $11.65 adjusted vs. $10.91 expected Revenue: $7.8 billion vs….
Tiffany Hagler-Geard | Bloomberg | Getty Images Intuit on Thursday reported quarterly results that beat analysts’ estimates and issued stronger-than -expected guidance for the full year. The stock rose about 4% in extended trading. Here’s how the company did compared to analysts’ estimates compiled by LSEG: Earnings per share: $11.65 adjusted vs. $10.91 expected Revenue: $7.8 billion vs….
An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The…
Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to…
Canada Goose jackets for sale inside a Nordstrom store in Toronto, Ontario, Canada, on Tuesday, March 21, 2023. Nordstrom will close its six Canadian department store locations and seven Nordstrom Rack shops, as CEO Erik Nordstrom said the company no longer sees a realistic path to profitability in the country, The Canadian Press reports. Photographer:…
Palo Alto Networks shares fell Tuesday evening despite reporting better-than-expected earnings and revenue for its April quarter. We’ve seen the stock drop on earnings reports before due to lofty investor expectations, before ultimately recovering. This time may not be any different. Revenue in the cybersecurity company’s fiscal 2025 third quarter increased 15% year over year…
Home Depot on Tuesday stuck by its full-year sales forecast as a top executive told CNBC the retailer doesn’t plan to hike prices because of tariffs. “Because of our scale, the great partnerships we have with our suppliers and productivity that we continue to drive in our business, we intend to generally maintain our current…
Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA’s college basketball tournament weighed on overall first-quarter results for FanDuel’s parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed…
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering. The Swedish payments…
Rene Haas, CEO of chip tech provider Arm Holdings, holds a replica of a chip with his company’s logo on it, during an event in which Malaysia’s Prime Minister Anwar Ibrahim officially announces a $250 million deal with the company, in Kuala Lumpur, Malaysia March 5, 2025. Hasnoor Hussain | Reuters Arm shares dropped more…
Cisco reported earnings and revenue that topped analysts’ estimates on Wednesday and issued guidance that also exceeded Wall Street’s predictions. Here’s how the company did in comparison with LSEG consensus: Earnings per share: 96 cents adjusted vs. 92 cents expected Revenue: $14.15 billion vs. $14.08 billion expected Revenue increased 11% during the quarter, which ended on April…
Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Shares of Ubisoft sank 18% on Thursday after the French video game firm reported full-year earnings that disappointed investors. Ubisoft reported a 20.5% drop in net bookings for the fiscal year ending March 31, 2025, as a strong performance of the company’s…
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba shares fell 7.6% on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line. Here’s how Alibaba did in its fiscal fourth quarter…
A Cartier de Panthere wristwatch on display at a Cartier luxury goods store, operated by Cie. Financiere Richemont. Bloomberg | Getty Images Cartier owner Richemont on Friday posted better-than-expected fiscal fourth-quarter sales, as the wealthiest spenders continued to shrug off global macroeconomic uncertainty. Revenues at the Swiss luxury group rose 7% year-on-year at constant exchange rates to…
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said its same-store sales grew 10.8% in the three months that ended April 20, lifted by traffic growth of 7.5%. Analysts surveyed by StreetAccount…
telegram bot crypto trading bots avoid fake signals Telegram bot crypto trading has become increasingly popular among cryptocurrency enthusiasts and traders due to its convenience and real-time interaction capabilities. However, one of the critical challenges these bots face is how to avoid fake signals that can lead to bad trading decisions and potential financial losses….
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters CoreWeave CEO Michael Intrator reinforced the company’s plans to spend on growth to feed demand for its infrastructure following its first earnings report…
Walmart on Thursday fell just short of quarterly sales estimates, as even the world’s largest retailer said it would feel the pinch of higher tariffs. Even so, the Arkansas-based discounter beat quarterly earnings expectations and stuck by its full-year forecast, which calls for sales to grow 3% to 4% and adjusted earnings of $2.50 to…
Artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. CoreWeave also called for faster growth than expected for this year. Here’s how CoreWeave did in comparison to LSEG consensus: Earnings per share: Loss of $1.49 Revenue: $981.6 million vs. $853 million expected Revenue soared 420%…
SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters Softbank’s Vision Fund business on Tuesday posted a loss in the fiscal year ended March as it booked slowing gains at its massive tech investment arm….
Honda is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Japanese auto giant Honda missed fiscal fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing for the full impact of U.S. tariffs. Here are Honda’s results compared with mean estimates from LSEG: Revenue: 5.36…
An aerial view of homes destroyed in the Palisades Fire on January 27, 2025 in Pacific Palisades, California. Mario Tama | Getty Images Germany’s biggest reinsurers took a $1.9 billion profit hit in the first quarter from claims related to the recent Los Angeles wildfires. Munich Re, the world’s largest reinsurance company, said Tuesday that…
Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. The company’s shares closed down 2.5%. Here’s how Uber did versus analysts’ estimates compiled by LSEG: Earnings per share: 83 cents vs. 50 cents expected. Revenue: $11.53 billion vs. $11.62 billion expected. Revenue at the ride-hailing company grew…
The Maersk Alfirk, left, and Colorado Express container ships docked at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected first-quarter operating profit but warned that the current level of U.S.-China trade tariffs could restrict…
Nintendo said Thursday that it expects to sell 15 million units of its new Switch 2 console in the fiscal year ending March 2026. It is the first forecast for sales from the Japanese gaming giant since it announced the successor to its successful Switch device, which is due to go on sale in June….
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