Earnings
Nvida to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an […]
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Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects. For the full year ahead, the company said it expects total sales to grow by 2.8% and comparable sales, which takes out the impact of one-time factors like […]
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Chegg sues Google for hurting traffic with AI as it considers strategic alternatives
Chegg seen at the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company’s traffic and revenue. The legal move come nearly two years after former CEO Dan […]
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Stocks making the biggest moves after hours: Hims & Hers Health, Tempus AI, Diamondback Energy and more
Check out the companies making headlines in after-hours trading: Hims & Hers Health — The telehealth stock fell more than 17%. Hims & Hers reported a gross margin of 77% for the fourth quarter, while analysts polled by StreetAccount expected 78.4%. This overshadowed the company’s top- and bottom-line beats for the quarter. Zoom Communications — […]
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Shein’s annual profit down by more than a third, FT reports
A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | Reuters Online fast-fashion retailer Shein’s profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial […]
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Buffett says Berkshire will continue to increase investment in Japan trading houses
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own beyond the initial 10% ceiling, Warren Buffett said in his […]
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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Key Points The Warren Buffett-led conglomerate said its operating profit — which encompasses earnings from the company’s wholly owned businesses — skyrocketed to $14.527 billion during the final three months of 2024. That was led by by a whopping 302% jump in insurance underwriting from the year-earlier period to $3.409 billion. Source
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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source
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Block shares plunge 17%, head for worst day in 5 years after earnings miss
Marco Bello | AFP | Getty Images Block shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling […]
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Deutsche Bank is a rare Wall Street bank that’s cautious on Nvidia ahead of earnings
Ahead of Nvidia ‘s highly anticipated quarterly earnings release next Wednesday, Deutsche Bank is a rare Wall Street bank that is staying on the sidelines in failing to recommend the chipmaker. Nvidia is slated to report results for the fiscal fourth quarter that ended in January after the market closes on Feb. 26. Jensen Huang’s […]
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