Oracle Jumps on Beat, Raises FY2027 Outlook
Shares Pop After Results and Higher Long-Term Target Oracle rallied in extended trading Tuesday after the company posted a quarterly beat and lifted its fiscal 2027 revenue outlook. The software and cloud
Berkshire slides after profit drop and cautious cash stance
Shares post biggest fall since Buffett named Abel successor Berkshire Hathaway shares fell sharply on Monday after the conglomerate reported results that missed some analysts’ expectations and signaled a cautious approach to
Target shares jump on profit beat and 2% sales outlook
Earnings top forecasts as revenue and traffic keep slipping Target reported another quarter of declining revenue and weaker customer traffic on Tuesday, but shares rose sharply after the retailer posted better-than-expected earnings
Krispy Kreme Stock Drops as Revenue Misses Forecast
Krispy Kreme (DNUT) faced a challenging fourth quarter, reporting a 10% decline in revenue compared to the previous year, falling short of Wall Street’s expectations. The disappointing results led to a more
Home Depot Surpasses Expectations Amid Housing Slump
Home Depot exceeded Wall Street’s sales expectations for the fourth quarter, demonstrating resilience amid elevated interest rates and sluggish demand for large home improvement projects. Despite the challenging economic landscape, Home Depot
Berkshire Hathaway Earnings Surge Amid Record Cash Pile
Berkshire Hathaway shares surged nearly 4% on Monday after Warren Buffett’s conglomerate reported a 71% increase in operating earnings for the fourth quarter. The company’s operating profit, which includes earnings from wholly
Berkshire Hathaway Sells S&P 500 ETFs Amid Market Concerns
On Saturday, Berkshire Hathaway (NYSE:BRK.B) disclosed its 13F statement for Q4 2024, revealing a notable sell-off of S&P 500 ETFs. This move surprised investors, as Warren Buffett had previously praised S&P 500
Alibaba’s Revenue Soars Amid AI Investment Boom
Chinese e-commerce giant Alibaba Group Holding posted its fastest revenue growth in over a year, surpassing analyst expectations as it capitalizes on China’s artificial intelligence boom. Strong Financial Performance For the quarter
Walmart’s Profit Growth Slows Despite Rising Sales
Walmart shares fell 6% in early trading Thursday as the retailer forecasted slower profit growth for the fiscal year despite continued sales momentum. Holiday-quarter revenue increased by 4%, and U.S. e-commerce sales
Moderna Reports Larger-Than-Expected Quarterly Loss
Biotech firm Moderna (MRNA.O) reported a bigger-than-expected quarterly loss, primarily due to charges related to scaling down manufacturing as demand for its COVID-19 vaccine weakens. The company posted a quarterly loss of
Super Micro Reports Strong Q2 Growth Amid AI Boom
Super Micro’s Revenue Surges on AI Demand Super Micro Computer Inc. (SMCI) posted impressive preliminary second-quarter fiscal 2025 results, with net sales reaching between $5.6 billion and $5.7 billion, a 54% year-over-year
Coca-Cola Posts Strong Q4 Growth, Plans Digital Expansion
Coca-Cola (KO) exceeded market expectations in its fourth-quarter earnings, reporting double-digit revenue growth, strategic market expansion, and continued investment in digital platforms. Q4 Performance: Strong Revenue and Margin Expansion Key Growth Drivers
Rivian Expands Van Sales Beyond Amazon to All U.S. Fleets
Rivian (RIVN) is now selling its electric delivery vans to fleets of all sizes across the U.S., the company announced Monday. This move comes more than a year after ending its exclusive