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...
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...
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...
Nvidia is riding a number of tailwinds right now, including strong pricing power thanks to high demand for its chips and a tight supply that's helping the company command gross profit margins of over 70%. That could all change, according to one analyst, who has highlighted a sign that...
Nvidia reported earnings after the bell that beat Wall Street expectations, and provided stronger-than-expected guidance for the current quarter.Nvidia shares fell 8% in extended trading.Here is how the company did versus LSEG consensus expectations:Earnings per share: 68 cents adjusted vs. 64 cents expectedRevenue: $30.04 billion vs. $28.7 billion expectedNvidia...
Jaque Silva | Lightrocket | Getty ImagesAffirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results.Here's how the company did, compared to analysts' consensus estimates from LSEG.Loss per share: 14 cents adjusted vs....
CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Martina Albertazzi | Bloomberg | Getty ImagesCrowdStrike shares rose 4% in extended trading on Wednesday after the cybersecurity software maker reported strong fiscal second-quarter results but reduced full-year guidance...
Salesforce chair and CEO Marc Benioff speaks at the World Economic Forum in Davos, Switzerland on Jan. 18, 2024.Fabrice Coffrini | AFP | Getty ImagesSalesforce shares rose about 1.5% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised...
JD.com set up an Innovative Retail division that houses its grocery business 7Fresh.Bloomberg | Bloomberg | Getty ImagesHong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the Hang Seng index after the firm announced a $5 billion buyback late Tuesday.U.S. listed shares...