Nvidia shares moved lower Wednesday evening despite another beat-and-raise quarter. Simply put, the leading maker of AI chips again fell victim to the curse of high expectations. That's not a concern to us, though, because Nvidia's underlying fundamentals and long-term outlook appear to be as healthy as ever. Revenue...
Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. The cybersecurity company delivered strong fiscal 2025 first-quarter results, beating estimates on basically every line. It also raised full-year guidance across several key metrics. However, the recently rallying...
The New York Stock Exchange welcomes Snowflake to usher in the first day of winter on Dec. 21, 2021.NYSESnowflake shares on Wednesday spiked 19% in extended trading after the data analytics software maker reported fiscal third-quarter earnings that beat estimates.Here's how the company did, compared to LSEG analyst expectations:Earnings...
Check out the companies making headlines in extended trading: Nvidia — The artificial intelligence darling slid nearly 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting...
TJX Companies delivered strong quarterly results before Wednesday's opening bell. While guidance was a bit below expectations, it was not overly concerning given the off-price retailer's proclivity to under-promise and over-deliver. Revenue during TJX's fiscal 2025 third quarter ended Nov. 2 rose 6% year-over-year to $14.06 billion, beating the...
Check out the companies making headlines in midday trading: Williams-Sonoma — The home goods retailer soared about 29% after beating expectations on both lines for the third quarter and raising full-year guidance. Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated...
Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024.Ritzau Scanpix | Mads Claus Rasmussen | Via ReutersNvidia reports fiscal third-quarter earnings Wednesday after the market closes.Here's what Wall Street is looking for, per LSEG consensus...
Check out the companies making headlines before the bell. Target – Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Target cited only a slight uptick in customer traffic and its...
A sign hangs at the entrance of a T. J. Maxx store on February 28, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesTJX Companies touted a "strong start" to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm...
People are seen at the parking lot of a Target store in Selinsgrove. Paul Weaver | Lightrocket | Getty ImagesTarget will report fiscal third-quarter earnings on Wednesday and offer the latest clues on how the holiday season is shaping up for retailers, as the company tries to woo deal-hunting shoppers.Here's...