In this article QAN-AU Follow your favorite stocksCREATE FREE ACCOUNT Australia’s Transport Workers’ Union have asked Qantas’ CEO to resign over for “empty promises to frustrated passengers” and “announcing more tactics to silence workers and suppress wages.” Phil Noble | Reuters Australia’s flagship carrier Qantas Airways reported a record annual profit on Thursday as demand
Earnings
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Nvidia is set to report fiscal second-quarter earnings on after market close Wednesday. The chipmaker’s stock
Abercrombie & Fitch Courtesy: Abercrombie & Fitch Shares of Abercrombie & Fitch soared in early trading, after the retailer crushed Wall Street’s earnings and sales expectations for the quarter and raised its forecast for the year. On a call with investors, CEO Fran Horowitz said the retailer’s performance is the “culmination of years of hard work.”
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that
In this article LOW Follow your favorite stocksCREATE FREE ACCOUNT The Lowe’s logo is displayed on the front of the store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Lowe’s reported mixed fiscal second-quarter results on Tuesday, as consumers’ interest in tackling springtime projects helped offset weakening home improvement demand. The home improvement retailer
In this article M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s store in Herald Square in New York. Scott Mlyn | CNBC Macy’s on Tuesday topped Wall Street’s quarterly sales expectations, even as it struck a cautious note about consumer spending for the back half of the year. The retailer stood by its conservative full-year
A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter and bolstered by growth in advertising. Here’s how Baidu did in the June quarter versus Refinitiv
In this article PANW Follow your favorite stocksCREATE FREE ACCOUNT Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022. Adam Galica | CNBC Palo Alto Networks shares jumped as much as 9% in extended trading on Friday after the security software vendor reported earnings that exceeded analysts’
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company
In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has expressed optimism about the medium-term outlook. The strong numbers are attributed to the HKEX’s “diversification away from just the cash business” and the “tremendous” growth
In this article TGT TJX Follow your favorite stocksCREATE FREE ACCOUNT A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Cash-strapped consumers may be pulling back on discretionary purchases at Target, but they’re spending big on name brands and home goods at off-price TJX Companies. The discounter raised its full year outlook on
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of
Huawei’s production campus is pictured here on April 25, 2019, in Dongguan, near Shenzhen, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — Chinese tech giant Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first half of the year. The modest growth comes alongside China’s slower-than-expected
In this article VSAT Follow your favorite stocksCREATE FREE ACCOUNT Viasat offices are shown at the company’s headquarters in Carlsbad, California, March 9, 2022. Mike Blake | Reuters Viasat reported a jump in quarterly revenue Wednesday, as the company continues to investigate its recent satellite malfunction and explores options to make up for some of
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters Chinese e-commerce giant Alibaba on Thursday reported revenue grew by 14% year-on-year in the quarter ended June 30. The company’s U.S.-traded shares
BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corp. posted on Thursday a drop in second-quarter revenue against
Rocket Lab Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second quarter saw strong performance across Rocket Lab’s launch and space systems businesses with three successful Electron [rocket] launches, more than 17 spacecraft featuring
In this article 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT PlayStation DualSense controller and PlayStation 5 console are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT Roblox Corporation Founder and CEO David Baszucki. Steve Jennings | Getty Images Shares of Roblox fell 8% in premarket trading Wednesday after the company reported second-quarter results that missed analysts’ expectations on top and bottom lines. Here’s how the company did: Loss per share: 46 cent loss vs.
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