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...
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | ReutersFor Nvidia investors, the past two years have been a joyride. But recently they've been on more of a roller coaster.As the primary beneficiary of the artificial intelligence...
The company logo adorns the side of the BHP gobal headquarters in Melbourne on February 21, 2023. - The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, copper and potash, said net profit slumped 32 percent year-on-year to 6.46 billion US dollars in the six months...
Brent Lewin | Bloomberg | Getty ImagesPetroChina Co. posted record operating profits for the first half of the year on the back of strong drilling output and higher oil prices, which allowed it to offset weak fuel demand in China.China's largest oil and gas company posted a net income...