In this article M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s store in Herald Square in New York. Scott Mlyn | CNBC Macy’s on Tuesday topped Wall Street’s quarterly sales expectations, even as it struck a cautious note about consumer spending for the back half of the year. The retailer stood by its conservative full-year
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In this article PANW Follow your favorite stocksCREATE FREE ACCOUNT Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022. Adam Galica | CNBC Palo Alto Networks shares jumped as much as 9% in extended trading on Friday after the security software vendor reported earnings that exceeded analysts’
In this article Follow your favorite stocksCREATE FREE ACCOUNT A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City. Spencer Platt | Getty Images Cava on Tuesday posted a profitable quarter for its first
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has expressed optimism about the medium-term outlook. The strong numbers are attributed to the HKEX’s “diversification away from just the cash business” and the “tremendous” growth
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target department store on May 17, 2023 in North Miami Beach, Florida. Joe Raedle | Getty Images Target will report fiscal second-quarter earnings on Wednesday, as consumers send mixed messages about their willingness to spend. The discounter, which saw enormous sales gains during the
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Atchison, Kansas. Walmart store logo with gardening products for sale. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Walmart will report fiscal second-quarter earnings before the bell on Thursday, as the discounter tries to capitalize on
In this article TGT TJX Follow your favorite stocksCREATE FREE ACCOUNT A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Cash-strapped consumers may be pulling back on discretionary purchases at Target, but they’re spending big on name brands and home goods at off-price TJX Companies. The discounter raised its full year outlook on
In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Tuesday reported a loss for the second quarter that was narrower than expected and raised its production guidance for the
Rocket Lab Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second quarter saw strong performance across Rocket Lab’s launch and space systems businesses with three successful Electron [rocket] launches, more than 17 spacecraft featuring
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT PlayStation DualSense controller and PlayStation 5 console are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life
In this article VSAT Follow your favorite stocksCREATE FREE ACCOUNT Viasat offices are shown at the company’s headquarters in Carlsbad, California, March 9, 2022. Mike Blake | Reuters Viasat reported a jump in quarterly revenue Wednesday, as the company continues to investigate its recent satellite malfunction and explores options to make up for some of
Huawei’s production campus is pictured here on April 25, 2019, in Dongguan, near Shenzhen, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — Chinese tech giant Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first half of the year. The modest growth comes alongside China’s slower-than-expected
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters Chinese e-commerce giant Alibaba on Thursday reported revenue grew by 14% year-on-year in the quarter ended June 30. The company’s U.S.-traded shares
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corp. posted on Thursday a drop in second-quarter revenue against
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT Roblox Corporation Founder and CEO David Baszucki. Steve Jennings | Getty Images Shares of Roblox fell 8% in premarket trading Wednesday after the company reported second-quarter results that missed analysts’ expectations on top and bottom lines. Here’s how the company did: Loss per share: 46 cent loss vs.
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