Earnings
Salesforce shares jump on earnings beat and strong AI deals pipeline
Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Stefan Wermuth | Bloomberg | Getty Images Shares of Salesforce popped more than 8% Wednesday, a day after the company reported third-quarter results that exceeded analysts’ estimates for revenue and guidance and showed strong […]
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Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand
Foot Locker store location on 34th street in New York City. Courtesy: Foot Locker Foot Locker slashed its full-year guidance on Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short of Wall Street’s expectations on the top and […]
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Stocks making the biggest moves after hours: Salesforce, Okta, Box and more
Check out the companies making headlines in extended trading. Salesforce — The software stock advanced 6% after the company posted a revenue beat in the third quarter. Revenue of $9.44 billion topped consensus forecasts calling for $9.35 billion, according to LSEG. Meanwhile, adjusted earnings of $2.41 per share slightly missed estimates for $2.44 per share. […]
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Okta shares pop 18% on earnings beat, strong guidance
Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading on Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy […]
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Stocks making the biggest premarket moves: U.S. Steel, AT&T, Synchrony Financial, CVS and more
Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan’s Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered […]
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Top Wall Street analysts pick 3 stocks for their attractive prospects
Rafael Enrique | Lightrocket | Getty Images Macroeconomic uncertainty and potential policy changes under the administration of President-elect Donald Trump have driven the stock market to new heights the past four weeks. But investors stand to benefit if they ignore short-term noise to focus instead on companies that can navigate challenges and deliver solid returns […]
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As retailers enter the holiday shopping season, the winners are pulling away from the pack
Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, US, on Tuesday, Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images As the holiday season heats up, retailers are getting a fresh opportunity to attract even the most selective shoppers and convince them to splurge on discretionary items like […]
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Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more
Check out the companies making headlines in midday trading: Nordstrom — The retail stock fell 10% after CEO Erik Nordstrom said the company has seen a slowdown in sales, starting in late October. Nordstrom’s third-quarter revenue of $3.46 billion did come in above the $3.35 billion LSEG consensus. HP — Shares of the PC maker […]
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Workday stock slips on light quarterly forecast
Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023. Kevin Dietsch | Getty Images Workday shares slipped as much as 8% in extended trading on Tuesday after the human resources and finance software maker issued a quarterly forecast that […]
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HP forecasts Q1 profit below estimates on sluggish demand in PC market
A sign is posted in front of a Hewlett-Packard (HP) office on May 29, 2024 in Palo Alto, California. Justin Sullivan | Getty Images HP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent choppiness in demand in the personal computers market. PC makers have seen demand retreat from […]
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