Earnings
Shares of DocuSign surge 14% on strong earnings, AI boost
Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday. “We’ve really stabilized and I think started to turn the corner on the core business,” CEO Allan Thygesen said Friday on CNBC’s “Squawk Box.” “We’ve become much more efficient.” Here’s how the company performed in the fourth quarter FY2025 compared to LSEG […]
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Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there by 2025. Martin Schutt | picture alliance | Getty Images China’s Contemporary Amperex Technology posted a 9.7% drop in annual revenue, […]
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Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called “consumer uncertainty.” The retailer, which appointed Kecia Steelman as its new CEO in January, said it’s expecting comparable sales to be flat or grow 1% in 2025, while analysts had […]
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Stocks making the biggest moves after hours: Ulta Beauty, Docusign, PagerDuty and more
Check out the companies making headlines in extended trading. Ulta Beauty — Shares of the beauty retailer popped 7% after the company exceeded expectations for the fourth quarter. Ulta earned $8.46 per share on revenue of $3.49 billion, while analysts anticipated $7.12 per share and $3.46 billion in revenue. Guidance for the full year was […]
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Comcast expands partnership with Olympics, extends media rights through 2036
Snoop Dogg attends the Artistic Gymnastics Women’s Qualification on day two of the 2024 Paris Olympic Games at Bercy Arena in Paris on July 28, 2024. Arturo Holmes | Getty Images Sport | Getty Images Comcast and the International Olympic Committee have agreed on a new deal that expands the company’s broadcast reach and extends […]
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Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results
Shantanu Narayen, Chairman and CEO of Adobe Systems addresses the gathering on the first day of the three-day B20 Summit in New Delhi on August 25, 2023. Sajjad Hussain | AFP | Getty Images Adobe shares dropped 13% following the company’s quarterly earnings report, as investors fretted over lingering growth concerns and the software maker’s […]
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Stocks making the biggest moves premarket: Intel, Adobe, American Eagle Outfitters & more
Check out the companies making headlines before the bell. Intel – The stock jumped 10% after the company said it had appointed Lip-Bu Tan – who was previously the chief executive of software company Cadence Design Systems – as its new CEO. Tan is replacing interim co-CEOs David Zinsner and MJ Holthaus. UiPath – Shares […]
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Dollar General store review and closures dent fourth-quarter earnings
A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Dollar General on Thursday reported fiscal fourth-quarter revenue that narrowly beat Wall Street estimates, while a store portfolio review cut into the chain’s profit. As part of the reevaluation, the dollar-store chain said it will close 96 Dollar General stores […]
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American Eagle says consumer is slowing down, issues weak guidance
American clothing and accessories retailer American Eagle store seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images American Eagle warned investors on Wednesday that consumers are pulling back on spending and it’s seen a “slower start” to the year than it expected. “Entering 2025, the first quarter is off to a slower start […]
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Rheinmetall sales surge 36% in 2024, as company forecasts ‘major’ military order boom
Rheinmetall MAN Military Vehicle drives on the road on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images German arms maker Rheinmetall on Wednesday said it expects 2025 sales to jump by 25-30% this year, amid expectations of “major high-volume orders from military customers” that could gain a […]
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