Credit Suisse shares were falling on Thursday after the Swiss lender said it is delaying the publication of its annual report. The stock was down 5.3% in Zurich trading. Credit Suisse (ticker: CS) Ame...
Tag: Earnings
February 2023 Tech Earnings Roundup
(Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images) AFP via Getty Images Key takeaways Earnings season was mixed in the tech sector, with cost cutting and layoffs the story of...
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas o...
United Natural Foods Stock Plunges After Slashing Profit Guidance
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...
Occidental Petroleum’s stock rises after Buffett boosts stake, CrowdStrike after earnings beat
These were some of the biggest movers and shakers in premarket trading Wednesday: Stock gainers: Occidental Petroleum Corp.’s stock OXY, -1.35% rose almost 3% premarket after filings disclosed that Wa...
United Natural Foods stock plunged toward a 1 1/2-year low after big earnings miss and lowered full-year outlook
Shares of United Natural Foods Inc. UNFI, -0.92% plunged 20.8% toward a 19-month low in premarket trading Wednesday after the grocery wholesaler reported fiscal second-quarter profit that missed by a ...
Nutanix stock drops as results trigger fear of ‘the cockroach theory’
Nutanix Inc. shares fell Tuesday after incomplete results and the disclosure of an investigation into reported costs led one analyst to voice concern about “the cockroach theory.” Nutanix NTNX, -7.89%...
CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says
CrowdStrike’s strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...
CrowdStrike stock rallies as forecast shows confidence in new approach
CrowdStrike Holdings Inc. shares rose in the extended session Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they are targeting the tough-to-close...
CrowdStrike stock up 10% on Q4 earnings: sell into the strength?
Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) jumped 10% in extended trading on Tuesday after reporting market-beating results for its fourth financial quarter. CrowdStrike stock up on strong guid...
CRWD Stock: CrowdStrike Earnings Top Estimates, Revenue Outlook Well Above Views
CrowdStrike Holdings (CRWD) late Tuesday reported January-quarter profit and revenue that beat consensus estimates. Also, the cybersecurity firm’s revenue guidance came in well above Wall Street...
Dick’s Sporting Goods (DKS) Q4 2022 earnings
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday-quarter results that beat...
Slowing losses, new military contract
BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses an...
As chip sales dry up, Nvidia CFO says spending on AI will save companies money
Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...
Growth stock Cathie Wood Stock Takes Off With Strong Earnings| Investor’s Business Daily
Latin America e-commerce giant and Cathie Wood holding MercadoLibre (MELI) has climbed a staggering 54% from December lows. That is over 35% higher than the S&P 500’s return of 6% so far thi...
Shopify Inc. (SHOP): Fell 16.5% post positive Earnings, Recovery?
Despite a positive earning report, Shopify Inc. shares dropped by 16.5% in February. Can they bounce back? The Ottawa, Canada-headquartered company provides the e-commerce infrastructure that connects...
Lordstown Motors (RIDE) Q4 2022 results, EV deliveries, cash
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had more than $220...
Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential
Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...
CIEN Stock: Ciena Earnings Top Estimates As Supply Chain Problems Ease
Ciena (CIEN) on Monday reported January-quarter profit and revenue that topped analyst estimates as supply chain problems eased. The Ciena earnings beat and raised fiscal 2023 guidance sent CIEN stock...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...
After Nailing 2022 Collapse, Billionaire Chamath Palihapitiya Warns Stock Market in Midst of Worst Earnings Gap in 30 Years
Billionaire Chamath Palihapitiya is issuing a warning to investors, saying that the fundamentals of the US stock market are starting to look shaky. In a new All-In Podcast episode, Palihapitiya, who n...
Ethereum [ETH] traders embrace higher leverage to boost earnings
ETH’s latest liquidations indicate a bullish bias among investors. The king alt is back to uncertainty amid a fall in demand and sell press pressure. ETH is experiencing a surge in leverage trades fo...
CrowdStrike’s Latest Earnings Convince Analyst It’s a Top Cybersecurity Stock
CrowdStrike’s strong fourth-quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...