Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned 68 cents per share on revenue of $30.04 billion,...
A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle missed Wall Street's sales targets for a second quarter in a row on Thursday, but profits grew by nearly 60% thanks in part to lower product...
People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.Spencer Platt | Getty ImagesBest Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer now expects to see full-year adjusted...
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Brussel, Belgium, August 29th, 2024, FinanceWireThe achievement makes Inheriti® digital inheritance plans available on one of the most popular blockchains.Safe Haven, a Web3 company providing decentralized solutions for backup, inheritance, and data transfers, announced today that it has successfully deployed the Inheriti® V2.0 smart contract on the Optimism L2...
A binary code is displayed on a laptop screen in the background, while the Nvidia logo is showcased on a phone on April 28, 2024. Nurphoto | Nurphoto | Getty ImagesNvidia shares dipped in U.S. premarket trade on Thursday, as the company's fiscal second-quarter gross margin dipped slightly, and its...
Warren Buffett, Berkshire Hathaway CEO and chairman.Cnbc | Nbcuniversal | Getty ImagesThe five trading firms in Warren Buffett-backed Berkshire Hathaway's portfolio — Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co, and Sumitomo Corp — have surged, with one rising as much 30% in 2024.These five names are also...
Nvidia 's financials released after Wednesday's close weren't quite the $4 billion "Triple Lindy" of upside many investors were hoping for. But they were darn close, which avoided a feared massive sell-off in one of the three U.S. companies in the $3 trillion market cap club. Revenue for at...
A sigh of relief is in order. Salesforce shares jumped more than 4% in extended trading Wednesday after the enterprise software giant beat sales and earnings expectations in the second quarter. The company may have maintained its full-year revenue outlook, but that was taken as good enough after last...