AeroVironment soars 28% on earnings beat, backlog grows to $1.2 billion
AeroVironment stock ripped 28% higher on Tuesday during premarket trading as the dronemaker reported fourth-quarter earnings that beat on the top and bottom lines.
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FedEx Freight takes a step forward in its independent journey. Here's why we like the stock
FedEx Freight had plenty of encouraging things to say on its first earnings call as a standalone company.
Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company's fine-dining restaurants and Olive Garden fell short of expectations.
Micron is tech's new margin king as memory crisis pushes company past Nvidia and Meta
As Micron customers try and adjust to a new reality of constantly rising memory prices, investors in the company are enjoying historic profit margins.
Cerebras falls 10% after chipmaker forecasts shrinking margin in first earnings report since IPO
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 posts strong earnings results in last quarter with freight business
FedEx on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines.
Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
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 tumble 11% on increased capital raise, cash concerns
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.
Jewelry giant Chow Tai Fook's shares rise 15% as higher gold price boosts profits
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 beats on earnings, but stock drops on plans to raise another $20 billion
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…
Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test
Anthropic's Mythos model offered a much-needed lifeline to cybersecurity firms in the age of artificial intelligence.
Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches
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…
Top EV Stocks: These Srocks Lead WarrenAI Rankings
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%
CrowdStrike narrowly beat Wall Street's fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.
HPE surges 19% after Monday's blowout earnings, closing its best day ever
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 tops earnings as AI fuels cybersecurity urgency
Palo Alto Networks surpassed Wall Street's fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools.
Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook
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.
Victoria's Secret shares spike 40% after big earnings beat, raised sales outlook
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.
HPE skyrockets 30% on biggest earnings beat since 2018
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 …
Dell stock skyrockets 32% for its best day ever as AI server revenue soars
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 shares jump 39% after server maker reports fastest sales growth since return to 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 stock drops 8% as cyber firm trims headcount to boost AI investments
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 says it saw 'record-breaking' gas volumes amid rising prices
Costco Wholesale on Thursday said it saw "record-breaking volumes" for gas in its fiscal third quarter amid rising fuel prices.
American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads
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…