A FedEx plane prepares to leave the FedEx Cargo Hub at Miami International Airport on Feb. 12, 2025 in Miami, Florida.Joe Raedle | Getty ImagesFedEx lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy...
Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesMicron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts' estimates and offered better-than-expected guidance.Here's how the company did:Earnings per share: $1.56, adjusted...
Pedestrians walk past a Nike store featuring a modern design and mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. Cheng Xin | Getty ImagesNike will report fiscal third-quarter earnings after the bell on Thursday and provide updates on its turnaround plan as it navigates new...
The Olive Garden logo is displayed on the front of an Olive Garden Italian restaurant in Edmonton, Alberta, Canada, on February 15, 2025. Artur Widak | Nurphoto | Getty ImagesDarden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts' projections.Shares of the company fell nearly...
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty Images News | Getty ImagesTencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.Here's...
Simon2579 | E+ | Getty ImagesStephen Gilliam works 40 hours a week as a graphic designer for a government contractor.In the evening, Gilliam comes home, eats dinner and takes a little break. He then opens his laptop and works on freelance projects designing movie posters. He usually tries to wrap...
Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday."We've really stabilized and I think started to turn the corner on the core business," CEO Allan Thygesen said Friday on CNBC's "Squawk Box." "We've become much more efficient."Here's how the company performed in the fourth quarter...
Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there by 2025.Martin Schutt | picture alliance | Getty ImagesChina's Contemporary Amperex Technology posted a 9.7%...
WUHAN, CHINA - MAY 25: (CHINA OUT) Attendees wear protective masks as they look around the at BMW Ix3 during 2023 Central China International Auto Show on May 25, 2023 in Wuhan, Hubei province, China. More than 80 brands took part in the 2023 Central China International Auto...
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called "consumer uncertainty."The retailer, which appointed Kecia Steelman as its new CEO in January, said it's expecting comparable sales to be flat or grow 1%...