Month: May 2024
Trump Media shares tumble immediately after Donald Trump identified guilty on 34 felony counts
Rafael Henrique | Lightrocket | Getty Photos Trump Media shares fell as substantially as 15% in prolonged buying and selling on Thursday after a New York jury located previous President Donald Trump guilty on all 34 felony counts of falsifying enterprise documents in his prison hush money trial. The stock, which trades below the ticker […]
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Dell shares fall despite growing AI server business
Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Dell reported first-quarter earnings on Thursday that beat analysts’ estimates for earnings and sales, as the company has emerged as one of the top vendors for […]
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Trump slams ‘rigged, disgraceful trial’ immediately after remaining discovered responsible on all counts
Former U.S. President Donald Trump arrives to court for his hush funds demo at Manhattan Felony Courtroom on May perhaps 30, 2024 in New York City. Justin Lane | Getty Photographs Former President Donald Trump called his legal hush revenue demo a “disgrace” on Thursday, following a New York jury uncovered him guilty on all […]
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Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales, a metric that tracks Ulta stores open at least 14 months along with online sales, increased 1.6% year over year, a stark slowdown from the same period a year earlier when Ulta reported comparable […]
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Saudi Aramco offers nearly $11.5 billion in new stock for sale
The logo of Aramco is seen as security personnel walk before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad I Mohammed | Reuters Saudi Arabia’s state-controlled Aramco said it would sell some $11.5 billion worth of additional stock in an offering that […]
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Twitch terminates all members of its Safety Advisory Council
Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC. The council is a resource of nine industry experts, streamers and moderators who consulted on trust and safety issues related to children on Twitch, nudity, banned users and more. The Amazon-owned […]
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MongoDB shares sink 23% after management trims guidance
MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 25% in extended trading on Thursday after the database software maker issued light guidance for the quarter and reduced its forecast for the full fiscal year. Here is how the company did, compared to the LSEG consensus: Earnings per share: 51 […]
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Stocks making the biggest moves after hours: Dell Technologies, MongoDB, Zscaler, Gap and more
Check out the companies making headlines in extended trading. Zscaler — Shares surged nearly 15% after Zscaler topped third-quarter expectations on the top and bottom lines. The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. Analysts polled by LSEG had expected per-share earnings of 66 cents […]
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Gap shares pop 20% as earnings beat on sales growth at all four brands
A Gap store in New York, US, on Monday, May 27, 2024. Gap Inc. is scheduled to release earnings figures on May 30. Bloomberg | Bloomberg | Getty Images Gap posted positive comparable sales at all four of its brands on Thursday, leading the apparel giant to raise its full-year guidance as CEO Richard Dickson’s […]
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Trump trial jury reaches verdict in hush money scenario
Previous President Donald Trump seems in Manhattan Criminal Court, Thursday, May possibly 30, 2024, in New York. Seth Wenig | By using Reuters Far more news on Donald Trump Trump, who is the presumptive Republican presidential nominee, faces 3 other pending legal situations. In two of individuals scenarios, Trump is charged with crimes related to […]
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