Breaking News: Earnings

Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies
World

Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies

Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies in an interview hours after the chip behemoth issued an upbeat […]

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Salesforce commits  billion for new buybacks as revenue guidance falls short
Technology

Salesforce commits $50 billion for new buybacks as revenue guidance falls short

Marc Benioff, chief executive officer of Salesforce Inc., during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Salesforce shares slipped 3% in extended trading on Wednesday after the customer service software maker reported healthy results and boosted its long-range revenue goal, although its […]

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Taser-maker Axon pops 18% as AI boosts demand for its software tools
Technology

Taser-maker Axon pops 18% as AI boosts demand for its software tools

Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Axon Enterprise‘s stock surged more than 18% after the maker of Tasers, body cameras and drones topped Wall Street’s fourth-quarter estimates as artificial intelligence accelerated demand for its software products The company reported adjusted earnings of $2.15 per share on $797 million in revenue, surpassing […]

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Lowe’s earnings beat as sales jump more than 10% despite sluggish housing market
Business

Lowe’s earnings beat as sales jump more than 10% despite sluggish housing market

A Lowe’s store in Concord, California, US, on Monday, Nov. 17, 2025. David Paul Morris | Bloomberg | Getty Images Lowe’s topped Wall Street’s quarterly revenue and earnings expectations on Wednesday, as the retailer’s quarterly sales grew more than 10% year over year. The home improvement company said it expects total sales for the full […]

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Cava reports surprise same-store sales growth, driven by menu prices
Business

Cava reports surprise same-store sales growth, driven by menu prices

Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 on Tuesday and forecast sales growth for fiscal year 2026. Shares gained roughly 10% in extended trading Tuesday. “While there are a lot of factors around us that are creating pressures from a margin perspective, our model has allowed us to be […]

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Workday stock sinks on weak revenue guidance
Technology

Workday stock sinks on weak revenue guidance

Aneel Bhusri, co-founder of Workday, speaks at the Workday Charity Classic on the Stanford University golf course in Stanford, California, on Aug. 28, 2024. David Paul Morris | Bloomberg | Getty Images Workday shares fell 8% in extended trading on Tuesday after the human resources and finance software maker reported light quarterly guidance. Here’s how […]

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Lucid widely misses earnings expectations, forecasts continued EV growth in 2026
Business

Lucid widely misses earnings expectations, forecasts continued EV growth in 2026

A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona Lucid Group reported mixed fourth-quarter results Tuesday as the all-electric vehicle maker continues to face challenging market conditions and internal problems. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also […]

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Home Depot beats Wall Street’s expectations, even as sales decline
Business

Home Depot beats Wall Street’s expectations, even as sales decline

Home Depot on Tuesday posted a roughly 4% quarterly sales decline, as a sluggish real estate market and selective spending by homeowners continued to weigh on home improvement demand. The company also stuck by the current fiscal year forecast that it shared in December at an investor day. It said it expects full-year total sales […]

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Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
Technology

Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 14% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide […]

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Doordash stock rallies as investment cycle starts showing signs of a payoff
Technology

Doordash stock rallies as investment cycle starts showing signs of a payoff

Doordash‘s stock rallied on Thursday as Wall Street shook off disappointing fourth-quarter results and commended early progress in the food delivery platform’s investment cycle. Shares initially fell about 10% in extended trading after earnings fell short of Wall Street’s expectations on the top and bottom lines and the company issued disappointing profit guidance. In the […]

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