Text size Western Digital CEO David Goeckeler said the company has seen a sharp erosion in pricing for NAND flash memory based storage over the last month. Dreamstime Western Digital has seen business...
Tag: Earnings
Oracle Stock Rises. Sales Topped Guidance but Profits Missed.
Text size Oracle’s headquarters. The software giant’s earnings disappointed. Justin Sullivan/Getty Images Oracle posted mixed numbers for the quarter. Revenue edged out guidance, but profi...
ORCL Stock Wavers On Quarterly Earnings
Oracle (ORCL) reported quarterly results late Monday that beat on revenue but fell short on earnings. ORCL stock wavered. X The database software giant reported adjusted earnings of $1.03 a share on r...
Should you buy Oracle shares despite lower-than-expected Q1 earnings?
Oracle Corporation (NYSE: ORCL) reported not-so-encouraging earnings for its fiscal first quarter on Monday. Shares are still up after the bell on better-than-expected revenue. Oracle shares are a b...
Oracle Sends Mixed Technical Signals Ahead of Earnings
Oracle Corp. (ORCL) is scheduled to release its first-quarter results after the close of trading here on Monday, so let’s check on the charts and indicators of the computer technology giant to ...
Occidental Stock Jumps As Warren Buffett Adds to $16 Billon Stake
Occidental Petroleum (OXY) shares jumped higher Monday after billionaire investor Warren Buffett added to both his stake in the oil major and speculation that he may be preparing to buy at least hal...
Oracle Stock Makes Key Test Ahead Of Earnings; Adobe Stock Struggles Amid Growth Concerns
Software giants Oracle (ORCL) and Adobe (ADBE) are next up on the earnings docket as major stock indexes seek a bottom. Oracle stock gapped up in June when it last reported earnings. After a pullback,...
Why Total Yield Can Be a Savior in Volatile Markets
Text size MetLife is one of the financial firms that has thrived this year. Michael Nagle/Bloomberg Income investors are finally having their moment. In a volatile year for markets, which saw major in...
Mixed performance with progress and delays
The company’s Electron rocket carrying the CAPSTONE mission lifts off from New Zealand on June 28, 2022. Rocket Lab The second quarter was a mixed bag for space companies, with some firms postin...
Get huge earnings with RBIS
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Burger King $400 million plan to revive U.S. sales with remodels, advertising
CASCAIS, PORTUGAL – Burger King signs are seen at the local fast food restaurant. Horacio Villalobos | Corbis News | Getty Images Burger King on Friday said it plans to spend $400 million over t...
Shopify Announces Changes in Top Leadership
Text size The company announced a 10% cut to its workforce in July. Dreamstime Shopify announced a new chief financial officer and chief operating officer on Thursday, a little less than two months af...
DocuSign, Tesla, RH and more
Check out the companies making headlines before the bell. DocuSign — Shares of the electronic signature company surged 16.4% after DocuSign’s quarterly numbers beat Wall Street expectations. Doc...
Commentary on Riot Blockchain’s Q2’22 Earnings
September 8, 2022, 11:03AM EDT • 4 min read Quick Take Reported Q2’22 earnings on August 15, 2022 after filing a delayed filing notification due to goodwill impairments, market turmoil and macro facto...
DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast
Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...
DOCU Stock Pops as DocuSign Earnings Fall But Top Estimates Amid Lowered Expectations
DocuSign (DOCU) reported July-quarter earnings and revenue that topped estimates amid lowered expectations. The company’s outlook came in mixed, but DOCU stock surged on the news. X The San Fran...
AT&T’s Dividend-Loving Investors Are Dialing the Wrong Number
AT&T income-hungry shareholders should have seen it coming. In April last year, a month before announcing the spinoff of its media division to shareholders in the form of shares of a 71% stake in ...
FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Still Falls.
Text size FuelCell reported revenue of $43.1 million for its fiscal third quarter. Jung Yeon-je /AFP via Getty Images FuelCell Energy shares traded lower Thursday as the producer of units that make el...
‘These are not laundromat tokens.’ SEC chief sends warning to crypto industry
Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the “vast majority” of the nearly 10,000 existing crypto tokens are securities, being is...
GameStop, American Eagle Outfitters, Asana and more
GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop&#...
3M stock extends bounce after UBS recommends investors stop selling, saying sentiment is ‘washed out’
Shares of 3M Co. extended their bounce Friday, after a long-time bearish analyst said investors should stop selling, as the recent “derating” in price suggests all litigation liability has already bee...