Earnings
Stocks making the biggest moves midday: Nvidia, Snowflake, Rolls-Royce and more
Check out the companies making headlines in midday trading. Nvidia – Shares dropped about 3% despite the chipmaker’s fourth-quarter earnings and revenue and current quarter revenue forecast beating analyst estimates. Nvidia’s fourth-quarter gross prfiofit margin declined, and its latest revenue topped foreasts by the smallest amount in two years . EBay – The e-commerce platform […]
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Snowflake surges 13% on earnings beat as company expands AI push
Jakub Porzycki | Nurphoto | Getty Images Snowflake shares popped more than 13% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results. The company reported adjusted earnings of 30 cents per share on $987 million in revenue, surpassing the 17 cents per share and $956 million in sales expected by analysts polled by […]
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WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers. Fourth-quarter revenue for the streaming segment, […]
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Shares of British aerospace giant Rolls-Royce jump 16% on upbeat outlook, profit beat
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after undertaking a “significant” transformation and declaring a £1 billion ($1.27 billion) […]
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CNBC Daily Open: Nvidia’s earnings are steady — but U.S. consumer confidence is shaky
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show (CES) 2025, showcasing the company’s latest innovations in Las Vegas, Nevada, USA, on January 6, 2025. Artur Widak | Anadolu | Getty Images Nvidia’s revenue in 2024 more than doubled compared with a year earlier, beating analysts’ expectations. Moreover, the company expects […]
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Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches that think “about […]
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Cloud analytics firm Snowflake forecasts upbeat full-year product revenue
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Snowflake forecast fiscal 2026 product revenue above analysts’ estimates on Wednesday as the data analytics provider sees rising cloud service growth amid advancements in artificial intelligence, sending its shares up 11% in extended trading. The company also said it has integrated OpenAI’s models directly in […]
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Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance
Teladoc Health Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Dec. 31, 2024. Michael Nagle | Bloomberg | Getty Images Teladoc Health shares fell in extended trading on Wednesday after the company reported a wider loss than analysts expected and issued disappointing quarterly guidance. Here’s […]
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Salesforce misses on revenue, issues disappointing guidance
Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya | Anadolu | Getty Images Salesforce reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast that fell short of analysts’ estimates. The stock slid 6% in extended trading. Here’s how the […]
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Nvidia reports fourth-quarter earnings after the bell
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia reports fourth-quarter earnings on Wednesday after the bell. […]
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