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
Morgan Stanley Beats Q3 Profit Estimates as Revenue Surges 16%
Morgan Stanley delivered better-than-expected results for the third quarter of 2024, surpassing analysts’ forecasts for profit and revenue as each of its key divisions performed strongly. The bank reported a 32% increase
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
Adobe Beats Q3 Expectations With Strong Revenue Growth
Results exceed estimates on earnings and revenue Adobe reported better-than-expected results for its fiscal third quarter, pushing its stock higher in extended trading. The software giant posted adjusted earnings per share of
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
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
Palantir Soars Past $1B in Revenue, Lifts Outlook
AI demand and U.S. contracts fuel record-breaking quarter Palantir Technologies has reported its strongest quarter to date, surpassing $1 billion in revenue for the first time and raising its full-year guidance. The
Figma Surges in Debut After Raising $1.2 Billion in IPO
Shares Poised to Open at Double the IPO Price Figma Inc. is set to make a high-profile entrance to public markets after pricing its IPO at $33 per share and raising $1.2
Boeing Cuts Losses as Aircraft Deliveries Surge
Strongest Quarter for Deliveries Since 2018 Boeing reported a significant improvement in its second-quarter performance, with the company delivering 150 aircraft — its highest since 2018 — and reducing losses compared to
IBM Shares Slide Despite Earnings and Revenue Beat
Strong Quarterly Results Overshadowed by Market Caution IBM delivered second-quarter results that exceeded Wall Street expectations, yet shares dropped as much as 6% in after-hours trading. The dip reflects lingering concerns around
Abercrombie Shares Surge Despite Profit Outlook Cut
Shares of Abercrombie & Fitch soared on Wednesday, even as the retailer slashed its profit outlook due to the impact of tariffs, which are expected to cost the company $50 million. Despite
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
Disney’s Q2 Earnings Beat Expectations, Shares Rise 10%
Disney reported strong fiscal second-quarter results on Wednesday, surpassing Wall Street’s expectations with better-than-expected earnings and revenue growth. The company credited robust subscriber growth for its Disney+ streaming platform, which saw an