Alibaba Shares Rise 18% on Strong Sales and Dividend News
Alibaba Group Holding saw its share price rise by 18% last month, buoyed by a 7% increase in quarterly sales and a meaningful surge in net income. The company also announced a
Microsoft Posts Strong Quarterly Results, Shares Jump
Microsoft shares surged over 6% in after-hours trading on Wednesday following the company’s better-than-expected quarterly results, which highlighted significant growth across key segments. Quarterly Financial Performance Here’s a breakdown of Microsoft’s performance
US Stock Futures Dip as Traders Eye Positive Week Finish
Market Overview U.S. stock futures declined on Thursday night, but traders remained optimistic, expecting a positive end to the week. Futures for the Dow Jones Industrial Average dropped by 0.16%, while S&P
Oracle Soars 40% on Explosive Cloud and AI Demand
Stock nears $1 trillion valuation after record-breaking forecast Oracle shares surged 40% on Wednesday, putting the company on track for its best trading day since 1992 and pushing its market capitalization to
Oracle Surges 27% Despite Mixed Earnings Report
AI cloud momentum drives stock to post-market record Oracle shares soared 27% in after-hours trading Tuesday following strong signals of future growth tied to major cloud infrastructure deals, even as the company
American Eagle Soars After Bold Ad Campaigns
Sydney Sweeney Ad Draws Fire and Fans American Eagle’s recent marketing campaign featuring Sydney Sweeney has been described by the company as its “best” advertising effort to date. While the campaign stirred
Microsoft Hits $4 Trillion Milestone on Cloud Momentum
Strong Earnings and AI Confidence Fuel Market Surge Microsoft reached a major financial milestone on Thursday as its market capitalization surpassed $4 trillion, joining Nvidia as one of only two publicly traded
Verizon Lifts Profit Forecast After Tax Boost, Revenue Beat
Stronger Premium Plan Demand and Tax Reform Drive Outlook Verizon has raised the lower end of its annual profit forecast, citing stronger-than-expected demand for premium wireless plans and a significant financial lift
Starbucks to Speed Up Rollout of New Staffing Model
Starbucks CEO Accelerates Green Apron Model Rollout Starbucks CEO Brian Niccol announced plans to accelerate the rollout of the company’s new staffing and service model, the Green Apron, aiming to implement it
Nvidia Beats Expectations with Strong Data Center Growth
Nvidia reported better-than-expected earnings and revenue on Wednesday, driven by the company’s booming data center business, which saw a remarkable 73% year-over-year growth. The stock rose about 6% in extended trading following
Palantir Shares Drop 13% Despite Earnings Beat
Shares of Palantir Technologies (PLTR.O) fell by more than 13% on Tuesday, despite a solid earnings report and a raised revenue forecast. The decline came after the company exceeded revenue expectations but
PepsiCo Faces Challenges Amid Volatile Global Trade Conditions
PepsiCo, the global food and beverage giant, reported mixed quarterly results on Thursday, as international sales helped offset weaker demand in North America. Despite posting higher-than-expected revenue, the company lowered its forecast
US Stocks Rebound After ASML Slide, Morgan Stanley Earnings Boost
U.S. stocks climbed on Wednesday as investors digested quarterly results from Morgan Stanley (MS) and others, sparking hopes of a rebound to record highs following a tech sector slump. The Dow Jones