In this article MU Follow your favorite stocksCREATE FREE ACCOUNT Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on “how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs,” at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25,
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In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse.
In this article MU Follow your favorite stocksCREATE FREE ACCOUNT Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters Micron shares plunged 13% in extended trading on Wednesday after
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares fell 13% on Thursday and headed for their steepest drop since March after the software vendor
In this article COST Follow your favorite stocksCREATE FREE ACCOUNT A Costco Wholesale store in Connecticut. Lindsey Nicholsonp | Getty Images Costco on Thursday beat Wall Street’s quarterly earnings and sales estimates, as it got a boost in part from higher membership fees. Here is how the warehouse club did for the fiscal first quarter
Broadcom shares soared Thursday after the chipmaker demonstrated strong profitability in its fourth quarter and provided a slew of upbeat updates on its artificial intelligence business — a mix so good that investors looked past a minor sales miss. Revenue in the fiscal 2024 fourth quarter increased 51% year over year to $14.05 billion, missing
Costco on Thursday evening reported a solid quarter, beating on both the top and bottom lines. The warehouse club is clearly taking share from other retailers due to its focus on newness, quality, and value. With gross margins and paid memberships trending higher, this rally to fresh highs can continue. Total revenue in its first
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped 8% on Tuesday and headed for their steepest drop
In this article M Follow your favorite stocksCREATE FREE ACCOUNT A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images Oracle shares slid in extended trading on Monday after the database software company reported fiscal
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024. Halil Sagirkaya | Anadolu | Getty Images Salesforce shares were up 9% on Tuesday after the company reported its fiscal third-quarter earnings, reporting revenue and fiscal fourth-quarter guidance that exceeded analysts’ expectations. Here’s how the company
In this article FL Follow your favorite stocksCREATE FREE ACCOUNT Foot Locker store location on 34th street in New York City. Courtesy: Foot Locker Foot Locker slashed its full-year guidance on Wednesday after reporting a rough set of quarterly results. The sneaker giant fell short of Wall Street’s expectations on the top and bottom lines
In this article AEO Follow your favorite stocksCREATE FREE ACCOUNT A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty Images American Eagle issued weak holiday guidance on Wednesday and cut its full-year forecast as it contends with value-seeking consumers who are only willing to spend
In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A customer exits a Lululemon store in New York on Aug. 22, 2024. Yuki Iwamura | Bloomberg | Getty Images Lululemon‘s U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year
In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT Beauty products on the shelves at Ulta Beauty. Brian Cassella | Tribune News Service | Getty Images Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year
In this article OKTA Follow your favorite stocksCREATE FREE ACCOUNT Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading on Tuesday after the identity management company
Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that Agentforce, its new AI platform, may kickstart revenue growth in the future. Revenue in the fiscal 2025 third quarter increased 8% year
In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City. Spencer Platt | Getty Images Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street’s quarterly revenue expectations, as early holiday shopping and
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 Tuesday’s key moments. 1. The S & P 500 and the Nasdaq Composite edged higher Tuesday as Wall Street assessed President-elect Donald Trump’s plans, announced Monday evening, to impose new tariffs on imports
In this article DELL Follow your favorite stocksCREATE FREE ACCOUNT Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations
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