Cerebras said revenue almost doubled in the AI chipmaker's first earnings report since its initial public offering last month. The stock fell 10% in extended trading as the company forecast a drop in its gross margin.
FedEx on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines.
Databricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company's data analytics tools. But as clients rely on more AI agents to clean up data and ask questions, Databricks is e…
Oracle shares tumbled 8% after the software maker told investors to expect an additional $20 billion capital raise, while reporting negative free cash flow for the year.
Shares of jewelry giant Chow Tai Fook surged 15% on Friday after it posted a record high performance in its financial year to the end of March.
Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 10% in extended trading as the company plans to…
Anthropic's Mythos model offered a much-needed lifeline to cybersecurity firms in the age of artificial intelligence.
The athletic apparel retailer lowered its full-year guidance and issued a weak current-quarter outlook on Thursday as interim CEO Meghan Frank blamed "negative commentary in the media" and recent product launches that f…
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
CrowdStrike narrowly beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.
CEO Antonio Neri told CNBC's "Squawk on the Street" on Tuesday that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.
Palo Alto Networks surpassed Wall Street's fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools.
Ulta Beauty on Tuesday reported quarterly results that beat on the top and bottom lines and hiked its earnings outlook as the retailer saw a strong start to its fiscal year.
Shoppers may be feeling gloomy about high prices at the pump, but they're still shelling out for new bras and underwear at Victoria's Secret.
Overall Cloud & AI revenue came in at $7.71 billion, topping the StreetAccount estimate of $6.87 billion, but it was the company's server unit that really impressed. Server revenue, which is a sub-division of the cloud …
Shares of Dell Technologies closed 32.76% higher on Friday, wrapping its best day ever after the company reported its fastest pace for revenue growth for any period since returning to the public market in 2018.
Dell reported its fastest pace of revenue growth for any period since its return to the public market more than seven years ago, and topped analysts' estimates for sales and profit. The stock climbed as much as 39% in e…
SentinelOne shares sank 8% as the cybersecurity company laid off 8% of its full-time workforce to focus on artificial intelligence and data investments.
Costco Wholesale on Thursday said it saw "record-breaking volumes" for gas in its fiscal third quarter amid rising fuel prices.
Revenue at the retailer's namesake banner fell during its fiscal first quarter, even after it ramped up its marketing campaign with actress Sydney Sweeney. Meanwhile, sales at its intimates brand Aerie spiked during the…
Sales at Gap's largest brand Old Navy fell short of expectations during its fiscal first quarter, leading the retailer to cut its sales guidance on Thursday.
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
