Earnings
Alibaba shares rise as AI drives 34% cloud sales jump
Alibaba showcase its AI technology application achievements from Alibaba Cloud at the World Artificial Intelligence Conference in Shanghai, China on July 26, 2025. Cfoto | Future Publishing | Getty Images Alibaba delivered better than expected revenue in its fiscal second quarter as sales in its key cloud computing division accelerated. Alibaba’s New York-listed shares were […]
Read More
Gap comparable sales surge after viral ‘Milkshake’ denim ad with Katseye
Shoppers walk past a GAP fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty Images Apparel retailer Gap said Thursday its comparable sales rose 5% during the fiscal third quarter, driven by strong revenue at its namesake brand after its viral “Better […]
Read More
Jobs data muddies the picture for a December rate cut, while the Nvidia rally fizzles
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : There was an ugly reversal in the market Thursday. Stocks soared for most of the morning in reaction to Nvidia ‘s strong quarter, bullish […]
Read More
Bath & Body Works stock plunges as retailer misses third-quarter earnings, announces turnaround plan
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works Inc. stock plunged Thursday after the company reported “disappointing” third-quarter earnings and slashed its full-year outlook, citing “macro consumer pressures.” Shares sank nearly 25% […]
Read More
Nvidia earnings takeaways: Bubble talk, ‘half a trillion’ forecast and China orders
Nvidia on Wednesday reported fiscal third-quarter earnings that beat expectations, and provided a strong forecast for the current quarter. Wall Street welcomed the report, and Nvidia stock rose after the release and during the conference call. Other stocks in the so-called artificial intelligence trade also saw a boost. A closer look at Nvidia’s report shows […]
Read More
Nvidia sent a strong signal on AI infrastructure — but is it a bubble barometer?
Nvidia reported strong earnings and forecasts Wednesday, in what analysts saw as a clear signal for continued spending on AI infrastructure. Less clear, however, is whether the results can dispel fears of an AI bubble in markets. Fears have grown in recent months that massive investment in AI by major tech companies could outpace realistic […]
Read More
Nvidia stock pops 5% in premarket trading after stronger-than-expected results
Shares in AI darling Nvidia popped in premarket trade after the U.S. firm beat expectations in third-quarter results after the closing bell on Wednesday. Shares were last trading 5.5% higher at 4:15 a.m. ET. Nvidia topped forecasts for revenue, which jumped 62% to $57.01 billion year-on-year, and issued stronger-than-expected fourth-quarter sales guidance. “There’s been a […]
Read More
Walmart will report earnings before the bell. Here’s what to expect
A sign with the Walmart logo is seen outside of a Walmart store in Selinsgrove. Paul Weaver | SOPA Images | Lightrocket | Getty Images Walmart will report fiscal third-quarter earnings before the bell on Thursday and give the latest read on consumer spending as the retail industry heads into the holiday season. Here’s what […]
Read More
Nvidia says there’s ‘no assurance’ of final agreement with OpenAI despite $100 billion pact
Two months ago Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman stood side by side in San Jose, California, to announce a historic agreement between the two leaders in artificial intelligence. Nvidia would invest $100 billion over a number of years, starting in 2026, as OpenAI’s AI supercomputing facilities come online, the duo said. […]
Read More
Palo Alto tops earnings expectations, announces Chronosphere acquisition
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday. The stock […]
Read More