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Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Finance News

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024. David Paul Morris | Bloomberg | Getty Images Micron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance. Here’s how the company did: Earnings per share: $1.56, adjusted vs. $1.42 […]

Micron shares jump on earnings beat, rosy guidance as data center revenue triples Read More »

Nike will report earnings after the bell. Here’s what Wall Street expects

Nike will report earnings after the bell. Here’s what Wall Street expects

Business News

Pedestrians walk past a Nike store featuring a modern design and mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China.  Cheng Xin | Getty Images Nike will report fiscal third-quarter earnings after the bell on Thursday and provide updates on its turnaround plan as it navigates new tariffs and soft consumer

Nike will report earnings after the bell. Here’s what Wall Street expects Read More »

Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend

Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend

Business News

Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections. The restaurant company blamed weather for the sales slowdown and maintained its full-year forecast, lifting investors’ confidence that the rough quarter was a blip. Darden shares rose 6% in morning trading. Here’s what the company reported compared with what

Darden Restaurants sales disappoint, but Olive Garden parent sees consumers continuing to spend Read More »

Edible Arrangements’ parent company is launching a marketplace for the other kind of edibles

Edible Arrangements’ parent company is launching a marketplace for the other kind of edibles

Business News

The homepage for Edibles.com, the hemp marketplace from the parent company of Edible Arrangements Source: Edible Brands The parent company of Edible Arrangements is moving into a different kind of edible. Edible Brands is launching Edibles.com, an e-commerce marketplace for hemp products, like Cann drinks and Wana gummies. The 2018 Farm Bill legalized hemp, which

Edible Arrangements’ parent company is launching a marketplace for the other kind of edibles Read More »

Auto suppliers face more dire circumstances than automakers amid Trump tariffs

Auto suppliers face more dire circumstances than automakers amid Trump tariffs

Business News

US President Donald Trump arrives to speak about the United States – Mexico – Canada agreement, known as USMCA, during a visit to Dana Incorporated, an auto supplier manufacturer, in Warren, Michigan, January 30, 2020. Saul Loeb | Afp | Getty Images DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive

Auto suppliers face more dire circumstances than automakers amid Trump tariffs Read More »

Taco Bell parent Yum Brands partners with Nvidia to speed up its use of AI

Taco Bell parent Yum Brands partners with Nvidia to speed up its use of AI

Business News

A Taco Bell fast-food restaurant and drive-thru at dusk in Gastonia, North Carolina. Jeff Greenberg | Universal Images Group | Getty Images Two chipmakers are teaming up. Yum Brands is partnering with tech giant Nvidia to accelerate the use of artificial intelligence in its restaurants. The restaurant company, which owns Taco Bell, KFC and Pizza

Taco Bell parent Yum Brands partners with Nvidia to speed up its use of AI Read More »

Nvidia, GM announce deal for AI, factories and next-gen vehicles

Nvidia, GM announce deal for AI, factories and next-gen vehicles

Business News

Nvidia is building out an automotive tech business. Pictured here are its autonomous vehicle test cars at the company’s auto garage in Santa Clara, California, on June 5, 2023. Bloomberg | Bloomberg | Getty Images General Motors and Nvidia have agreed to a strategic collaboration that includes the automaker using several products and artificial intelligence

Nvidia, GM announce deal for AI, factories and next-gen vehicles Read More »

Frontier Airlines offers free checked bags promotion in swipe at Southwest

Frontier Airlines offers free checked bags promotion in swipe at Southwest

Business News

Frontier Airlines took a swipe at Southwest Airlines‘ plan to start charging for seat assignments and checked luggage by doing the opposite. Budget carrier Frontier said customers can receive a bundle that includes a seat assignment and a carry-on bag without an upcharge if they book Tuesday through March 24 for travel through Aug. 18. The promotion

Frontier Airlines offers free checked bags promotion in swipe at Southwest Read More »

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