Earnings
C3 AI shares plummet as company cuts 26% of workforce, posts wider loss than expected
Jonathan Raa | Nurphoto | Getty Images Shares of C3 AI sank 17% on Thursday, trading at a record low, after the company reported disappointing third-quarter fiscal results and announced cuts to over a quarter of its workforce. The enterprise artificial intelligence company with the ticker AI reported $53 million in third-quarter revenue, far below […]
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Rolls-Royce raises outlook, plans up to $12 billion share buyback as engine demand boosts growth
Rolls-Royce said Thursday it expects profits of over £4 billion ($5.42 billion) this year as the aero engine and power systems maker promised another year of robust growth. The aerospace giant is targeting underlying operating profit of between £4 billion and £4.2 billion in 2026, above the midpoint of £3.65 billion as expected by analysts […]
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Jeep maker Stellantis posts first annual loss in company history after EV writedowns
Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025. Nurphoto | Nurphoto | Getty Images Auto giant Stellantis on Thursday reported its first-ever annual loss after saying it had over-estimated the pace of the energy transition. The multinational conglomerate, which […]
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Nvidia’s forecast points to accelerating growth, as Vera Rubin starts hitting market
Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg […]
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Watch CNBC’s full interview with Nvidia CEO Jensen Huang after earnings and guidance beat
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Nvidia CEO Jensen Huang discussed the company’s earnings and revenue guidance with CNBC’s Becky Quick. He also shared his views about the rise of agentic systems in various industries and argued that AI will complement, not replace, existing software tools, predicting increased […]
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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
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
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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HSBC annual pre-tax profit drops over 7%, revenue jumps as bank’s results top estimates
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the estimates on the back of a strong performance in its wealth division and Hong […]
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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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