Salesforce CEO Marc Benioff appears at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya | Anadolu | Getty Images Salesforce reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast that fell short of analysts’ estimates. The stock slid 6% in extended trading. Here’s how the company did in relation […]
Salesforce misses on revenue, issues disappointing guidance Read More »
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Shares of electric vehicle maker Lucid Group were down more
After abrupt departure of Lucid CEO, here are the EV maker’s top priorities Read More »
Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia reports fourth-quarter earnings on Wednesday after the bell.
Nvidia reports fourth-quarter earnings after the bell Read More »
North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign. Jeff Greenberg | Getty Images TJX Companies posted a better-than-expected holiday quarter driven entirely by customer transactions, indicating the off-price giant is still taking market share from department stores and other discounters as price-conscious consumers hunt for deals. The
TJ Maxx parent company posts strong holiday, but issues weaker-than-expected guidance Read More »
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor.
GM raises quarterly dividend, initiates $6 billion stock buyback Read More »
A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty Images Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Wednesday and said its sales could see modest growth in the year ahead. The company said it expects full-year total sales sales to range from $83.5 billion to $84.5
Lowe’s beats Wall Street expectations as it starts to break out of sales slump Read More »
Target will soon have another brand to dangle as the discounter tries to convince more shoppers to buy clothing and other discretionary merchandise — Champion. On Wednesday, the cheap chic retailer announced that it’s struck a multi-year deal with the sportswear brand long associated with hoodies and sweatpants. Authentic Brands Group bought Champion from HanesBrands
Target strikes deal with sportswear brand Champion, as it tries to rev up apparel sales Read More »
Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer reported its delayed financial results on Tuesday just in time to meet the Nasdaq’s listing deadline. Shares of the server maker popped 15% in extended trading
Super Micro files financials just ahead of Nasdaq deadline, stock pops Read More »
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.
Lucid CEO steps down; EV maker plans to more than double production in 2025 Read More »
Carl Eschenbach, CEO of Workday speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025. Gerry Miller | CNBCÂ Workday, the maker of human resources and finance software, reported better-than-expected quarterly results on Tuesday. The shares popped more than 7% in extended trading. Here’s how the company did
Workday beats estimates for revenue and profit, stock jumps Read More »
