WILMINGTON, Del. (AP) — Tesla TSLA, -2.01% CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s ...
Tag: Earnings
PANW Stock: Palo Alto Earnings Beat Estimates Amid Cider Security Acquisition
Palo Alto Networks (PANW) on Thursday reported October-ended quarter earnings and revenue that topped Wall Street targets and announced the acquisition of Cider Security for $195 million in cash. PANW...
Black Friday surprise: Jeff Bezos tells people not to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-tail behemoth Amazon, has some spending tips as Americans gear up for the holiday shopping season — amid four-decade-high inflation and recession worries. Her...
Gap (GPS) earnings Q3 2022
Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap on Thursday beat Wall Street’s quarterly revenue expe...
Macy’s (M) Q3 2022 earnings
Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Macy’s on Thursday raised its earnings forecast for the year as strong luxury sales boosted the departm...
Live Nation, Gap, Ross Stores, Palo Alto and more
Check out the companies making headlines in midday trading. Gap – The retailer popped 10% after beating Wall Street’s estimates for revenue. Gap also also gave a cautious outlook for the holiday...
Uruguayan unicorn reports $5.6 million stuck in FTX as damage adds up
Uruguayan payments unicorn DLocal has $5.6 million tied up on FTX, the company said in a filing. “We are not working with any other crypto exchange as banking service, and our exposure to the cr...
Kohl’s (KSS) earnings Q3 2022
Kohl’s on Thursday withdrew its full-year outlook, pointing to volatility in the retail environment and significant macroeconomic headwinds, on top of its “unexpected CEO transition.”...
Bath & Body Works, Norwegian Cruise Line, Macy’s and more
Bath & and Body Works entrance. Jeff Greenberg | Getty Images Check out the companies making headlines in midday trading. Bath & Body Works – Bath & Body Works’ stock surged 24% afte...
Macy’s, BJ’s Wholesale, Kohl’s and others
Check out the companies making headlines before the bell: Macy’s (M) – Macy’s stock leaped 9.6% in the premarket after the retailer reported better-than-expected profit and revenue. Same-s...
Opinion: This record number in Nvidia earnings is a scary sight
Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday ...
CSCO Stock: Cisco Earnings Top Estimates Amid Restructuring Plan
Cisco Systems (CSCO) on Wednesday reported fiscal first-quarter earnings and revenue that topped consensus estimates. CSCO stock rose as the computer networking giant also announced a restructuring pl...
Nvidia Third-Quarter Earnings Live Blog
Nvidia’s stock has been on a roller-coaster ride since the company last reported earnings, plunging as low as $108 in October before rallying strongly in recent weeks. Bulls are hoping the GPU giant’s...
Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategy
CNBC’s Jim Cramer on Wednesday said the Federal Reserve must pay attention to recent retail earnings reports to plan the rest of its battle against inflation. “I am begging the Fed to look...
Cisco, Bath & Body Works, Nvidia and more
A runner jogs past Cisco Systems headquarters in San Jose, California, U.S., on Monday, Feb. 8, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hou...
ZIM Integrated Shipping Q3 Earnings Exceed Expectations
ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported third-quarter FY22 sales growth of 3% year-on-year to $3.23 billion, beating the consensus of $3.18 billion. Carried volume in Q3 was 842 thou...
Target (TGT) 3Q earnings
Target‘s profit fell by around 50% in its fiscal third quarter as it cleared through unwanted inventory and sales slowed heading into the holidays, prompting the company to lower its expectation...
Tencent international gaming revenue increases while domestic earnings fall
Tencent, the world’s largest gaming company, saw a 3% increase in its international gaming revenue to $1.65 billion in the third quarter as domestic Chinese revenue dropped 7% following two year...
Macy’s stock is pushing for a resistance breakout ahead of earnings. A reason to buy it?
Macy’s Inc. (NYSE:M) reports its quarterly earnings on November 17 before the market open. The stock has been gaining ahead of the key earnings report. A return of 9.48% in the last month underlines a...
Target earnings miss by a mile amid ‘significant change in consumer shopping patterns’
This post has been updated with the latest stock movement. Target missed the bullseye by a wide margin in the third quarter as the discount retailer felt the brunt of a consumer spending slowdown in m...
Lowe’s (LOW) earnings 3Q 2022
Lowe’s said Wednesday that high inflation isn’t hurting sales as it reported third-quarter earnings that beat Wall Street expectations. The company also upped its guidance for its full-yea...
Jim Cramer’s take on Target’s Q3 earnings print
Target Corporation (NYSE: TGT) opened over 15% down this morning after reporting a disappointing third quarter and giving weak guidance for the future. Jim Cramer reacts to the earnings report A 2.7% ...
Target, Lowe’s, Carnival and others
Check out the companies making headlines before the bell: Target (TGT) – Target plunged 13.5% in the premarket after missing consensus estimates by 59 cents with quarterly earnings of $1.54 per share....
Tyson Foods CFO has an interesting addition to the company’s earnings call—an apology for his arrest last week
Good morning, Well, I’ll say this for Tyson’s Monday earnings call—you don’t hear that everyday. CFO John R. Tyson, who was arrested last week, participated in the company’s earnings...
Cisco’s Earnings Are Today. What to Expect.
Cisco Systems could report a sharp falloff in orders when the networking giant reports October quarter earnings after the close of trading on Wednesday, but its huge backlog should help drive solid fi...
SHLS Stock Jumps On Quarterly Earnings
Shoals Technologies (SHLS) is getting a jolt from the recently passed Inflation Reduction Act that is pumping billions into the green energy field. SHLS stock jumped by double-digits on Tuesday after ...
Silvergate stock sinks 12% on FTX links
Crypto bank Silvergate shares tanked 12% as the ripple effects of FTX’s collapse continue. Last week, the La Jolla-based crypto bank said its exposure to FTX was limited to deposits, but ...
Nvidia is under the microscope ahead of earnings; Here’s what to expect
Almost all of the market heavyweights have reported Q3’s financials, but Wednesday (November 16) will see one beaten-down behemoth go under the earnings spotlight. Nvidia (NVDA) will deliver its F3Q r...
18 semiconductor stocks that shine when compared with Nvidia this earnings season
Nvidia Corp., which said yesterday that quarterly sales slumped, exemplifies the cyclical nature of the semiconductor industry despite the company’s inroads into fast-growing markets. Still, many chip...