A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024.Cfoto | Future Publishing | Getty ImagesVolvo Cars on Thursday scaled back its margin and revenue targets, after announcing it was no longer targeting 100% all-electric...
A Dick's Sporting Goods store at the Los Cerritos Center shopping mall on February 21, 2024 in Cerritos, California. Kirby Lee | Getty Images News | Getty ImagesDick's Sporting Goods on Wednesday blew past Wall Street's earnings estimates in its fiscal second quarter and while the retailer did raise its...
Zilch CEO Phil Belamant.ZilchBritish financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering.In a trading update, Zilch, which competes with the likes of Klarna and Block in the buy now,...
Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCMongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance.Here's how the company did against LSEG consensus:Earnings per share: 70 cents adjusted vs. 49 cents expectedRevenue:...
Signage at a Lululemon store in New York, US, on Thursday, Aug. 22, 2024. Lululemon Athletica Inc. is scheduled to release earnings figures on August 29. Yuki Iwamura | Bloomberg | Getty ImagesLululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after...
Best Buy 's quarterly beat and guidance raise on Thursday was good for a 15% pop in the stock as investors rewarded better execution and the promise of wider adoption of AI devices and lower interest rates. Revenue in the company's fiscal 2025 second quarter fell 3.1% year over...
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. The S & P 500 advanced 0.7% Thursday, despite tech behemoth Nvidia's post-earnings decline. Shares of the AI chipmaker tumbled 3.5% after the company...
Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024. Nurphoto | Nurphoto | Getty ImagesGap shares were halted Thursday morning after its quarterly earnings results were apparently released early.The apparel retailer is set to post second-quarter earnings after the closing bell Thursday....
A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023.Scott Olson | Getty ImagesDollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.Shares of the retailer, which...
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...