Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on ...
Tag: Earnings
Stocks making the biggest moves after hours: Lululemon, Broadcom and more
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making he...
Nio August EV deliveries grow while Xpeng, Li Auto fall; shares drop
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions fo...
Broadcom’s Charts Don’t Offer Much Comfort Ahead of Earnings
Broadcom (AVGO) shares are edging lower in pre-market trading here on Thursday ahead of the chipmaker’s third-quarter results after the closing bell. Broadcom is expected to post eanrings of $9....
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
September Could Be Even Worse for Stocks. How to Survive the Downturn.
Text size Traders are hoping the Friday jobs report will be cooler than expected, which would ease the pressure on the Fed to push rates up so quickly. NYSE The stock market could have a tempestuous S...
Hormel Foods, Campbell Soup, Ciena and others
Check out the companies making headlines before the bell: Hormel Foods (HRL) – Hormel fell 4.2% in the premarket after issuing a mixed batch of quarterly results and guidance. The food producer’...
More Promotions, Lower Margins, And Lower Earnings
Sales Magnifier Definition Meaning Price Reduction Offers And Clearances getty Listening to what Best BuyBBY , WalmartWMT , and other retailers are saying these days, I am now looking at a more promot...
China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says
Listen to article (1 minute) One of China’s largest developers said the country’s property market has tumbled into a severe depression, using some of the strongest language yet to describe the yearlon...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...
Best Buy stock is a screaming sell after ugly earnings report: analyst
Best Buy had a dud of a second quarter, as shown by the company’s earnings release on Tuesday. Comparable sales tanked 12.1% from a year ago as cautious, inflation-hammered consumers pulled back...
Best Buy declares dividend after beating earnings expectations a day earlier
Best Buy (NYSE: BBY) gained some ground in the previous few trading session after topping some beaten-down consensus estimates with its Q2 earnings report on August 30. On August 31, the Board of Dire...
Klarna losses triple after aggressive U.S. expansion and mass layoffs
The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news f...
Designer Brands, Express, Chewy and more
Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear and accessories retailer reported better-than-expected profit and revenue for its latest quarter and rais...
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent quarter by the ever-stronger U.S. dollar. Indeed, a broad range o...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a ...
CrowdStrike Earnings and Guidance Beat Estimates
Text size CrowdStrike’s strong earnings and guidance are a boon for the cybersecurity-software sector. Michael Vi/Dreamstime CrowdStrike posted better-than-expected results for its fiscal second...
HP Enterprise’s Earnings Match Forecasts. The CEO Sees ‘Enduring Demand.’
Text size The strength of the dollar hit revenue far harder than HP Enterprise expected at the start of the year. Dreamstime Showing resilience in the face of a difficult economic environment and grow...
HP earnings miss estimates as slowing economy takes its toll
The post COVID-19 PC hangover has found its way to the doorsteps of computing giant HP Inc. after making stops at rival Dell and chipmakers like Intel. HP saw fiscal third-quarter sales fall 4.1% from...
Chewy, HP, CrowdStrike and more
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters Check out the c...
ChargePoint Earnings Are Today. What to Expect.
Text size ChargePoint has grown sales faster than it expected. Bing Guan/Bloomberg ChargePoint has had a flurry of good news. That raises the bar for the electric-vehicle charging company’s quarterly ...
I set up a company with friends. It has sales of $1 million. Two partners hijacked control of the bank accounts, and want to push others out. What can we do?
I went into business with friends operating a night market. We hold big events every two weeks. We started an LLC as equal members, all with a 25% share. Friend A had the idea to do it and said they w...
Big Lots, Best Buy, Nikola and Lucid
A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Big Lots – Shares jumped 7.8% after the...
Best Buy (BBY) Q2 2023 earnings
Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Tuesday said sales dropped by about 13% in the fiscal second quarter, as the retailer felt a pull...
Baidu Stock Jumps After Q2 Sales Top Forecasts on Cloud Strength
Baidu (BIDU) shares jumped higher Tuesday after the China-based tech giant posted a smaller-than-expected decline in second quarter revenues as cloud sales offset persistent weakness in advertising....
Best Buy, First Solar, Twitter and more
Check out the companies making headlines before the bell: Best Buy (BBY) – Best Buy gained 2.6% in the premarket after the electronic retailer beat Street forecasts on the top and bottom lines for its...
Commentary on Stronghold Digital Mining’s Q2’22 Earnings
August 30, 2022, 5:09PM EDT • 2 min read Quick Take Stronghold Digital Mining reported Q2’22 earnings on August 16, 2022 $SDIG currently trades at $1.40 / share, down ~93% from its IPO price of $19.0...