Enrique Lores, CEO, HPScott Mlyn | CNBCShares of HP fell more than 8% Wednesday morning after the printer and PC-maker released fiscal third quarter earnings that underwhelmed Wall Street.HP reported $13.2 billion in revenue, down from the $13.37 billion expected by analysts, according to Refinitiv. Earnings per share came...
A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England.John Keeble | Getty Images News | Getty ImagesShares of Chinese automaker BYD listed in China jump more than 5% Tuesday, a day after posting a stellar...
The exterior of a Peloton store is seen on February 05, 2022 in Dusseldorf, Germany. Jeremy Moeller | Getty ImagesPeloton on Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about...
Nvidia founder, President and CEO Jen-Hsun HuangGetty ImagesNvidia shares climbed 6% in extended trading on Wednesday after the chipmaker beat estimates for its fiscal second quarter and issued optimistic guidance for the current period.Here's how the company did in the quarter ending July 30: Earnings: $2.70 per share, adjusted,...
Australia's Transport Workers' Union have asked Qantas' CEO to resign over for "empty promises to frustrated passengers" and "announcing more tactics to silence workers and suppress wages."Phil Noble | ReutersAustralia's flagship carrier Qantas Airways reported a record annual profit on Thursday as demand for air travel continues to boom...
Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021.Yan Cong | Bloomberg | Getty ImagesMeituan's Hong Kong-listed shares fell more than 5% on Friday after CEO Wang Xing warned of a food delivery slowdown in the next...
Pedestrians walk past Old Navy and GAP stores in Times Square, New York City.Drew Angerer | Getty ImagesGap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer warned of an "uncertain consumer" and posted another quarter of declining sales across all four of its...
Nordstrom begins the process of closing its stores in Canada with the first day of a sale at the Eaton Centre in Toronto. March 21, 2023.Steve Russell | Toronto Star | Getty ImagesNordstrom on Thursday surpassed Wall Street's quarterly sales and earnings expectations, as it showed signs of progress...
Shares of Dollar Tree fell Thursday and hit a 52-week low, after the retailer said customers' shopping lists have largely narrowed to food and necessities.The discounter joins a growing group of retailers catering to consumers who have become more price-sensitive and selective about spending. Macy's and Foot Locker also...
Customers walk with Foot Locker shopping bags on the Third Street Promenade in Santa Monica, California.Patrick T. Fallon | Bloomberg | Getty ImagesFoot Locker reported another quarter of falling sales and slashed its outlook for the second time this year on Wednesday as inflation-weary consumers think twice before shelling...