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
Alibaba Surprises with Profits, Cloud Powers Growth
Strong profits despite lower-than-expected revenue Alibaba beat profit expectations in its June quarter, posting a net income of 43.11 billion yuan ($5.95 billion), significantly above the 28.5 billion yuan forecast. However, total
Tesla stumbles in Europe as BYD surges
July marks Tesla’s seventh straight monthly drop Tesla’s performance in Europe took another hit in July, with new car registrations plunging 40% year-on-year to just 8,837 units, according to the European Automobile
Walmart stock dips after mixed Q2 earnings
Profit misses analyst expectations Walmart (WMT) shares dropped more than 4% at the market open Thursday after the retail giant reported second-quarter earnings that fell short of expectations. The Arkansas-based company posted
Citi’s investment bank climbs on Vis Raghavan hires
Viswas Raghavan is reshaping Citigroup’s investment bank with an aggressive hiring spree and cross-division collaboration. Since joining from JPMorgan in 2024, he has brought in more than a dozen senior bankers and
Top Investors Back UnitedHealth
High-profile stakes boost shares Some of the world’s wealthiest investors joined Warren Buffett’s Berkshire Hathaway in buying shares of UnitedHealth Group during the second quarter. Regulatory filings show George Soros, a Swedish
Firefly Aerospace Surges Over 50% in Nasdaq Debut
IPO Prices Above Range, Valuing Firm Near $10 Billion Firefly Aerospace made a strong entrance on the Nasdaq on Thursday, with shares jumping more than 50% during early trading. Listed under the
Disney Posts Q3 Beat on Earnings, Misses on Revenue
Streaming Gains Offset Traditional TV Decline Disney exceeded Wall Street expectations on adjusted earnings per share but fell slightly short on revenue for its fiscal third quarter. The company reported adjusted EPS
Uber Reports Strong Q2 and Unveils $20B Buyback
Revenue Beats Estimates, Profit Rises Sharply Uber posted second-quarter results that met profit expectations and beat revenue forecasts, while also announcing a massive $20 billion stock buyback plan. The company reported earnings
Amazon Stock Falls Despite Strong Q2 Earnings
AI investments soar, but cloud growth lags rivals Amazon posted solid second-quarter results that exceeded Wall Street expectations on revenue and profit, but its stock dropped 7% on Friday after a weaker-than-expected
Apple Surpasses Expectations with Strong Q3 Earnings
iPhone and Mac sales lead Apple’s best growth since 2021 Apple posted third-quarter earnings that beat Wall Street forecasts, driven by a surge in iPhone sales and robust growth in its Mac