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Intuit shares drop as quarterly forecast misses estimates due to revenue getting delayed

Intuit shares drop as quarterly forecast misses estimates due to revenue getting delayed

Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024. Rodin Eckenroth | Filmmagic | Getty Images Intuit shares fell 6% in extended trading on Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts’ estimates due to […]

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SailGP signs Rolex as first title partner of global sailing competition

SailGP signs Rolex as first title partner of global sailing competition

SailGP signs Rolex as first title partner of global sailing competition Courtesy: SailGP The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP, which kicks off the 2025 season in Dubai on Saturday, will now be known as the “Rolex SailGP Championship.” “Leading into

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Eli Manning, Derek Jeter, Jimmy Fallon join TGL New York Golf Club investor group

Eli Manning, Derek Jeter, Jimmy Fallon join TGL New York Golf Club investor group

New York Golf Club includes Matt Fitzpatrick, Rickie Fowler, Xander Schauffele and Cameron Young. Courtesy: TGL Tiger Woods and Rory McIlroy’s new golf league, TGL, is getting some fresh star power representing the Big Apple. Cohen Private Ventures, the family office of Steve Cohen, announced on Thursday that Eli Manning, Derek Jeter, CC Sabathia, Michael

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Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

After a quarter where Nvidia’s sales nearly doubled, investors and analysts are wondering how long the chipmaker can keep this kind of growth going now that it has a $140 billion annual revenue run rate. Those hopes fall on Blackwell, which is Nvidia’s name for a family of server products based around its next-generation AI

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Comcast’s cable network spinoff may be a signal to the media industry for necessary change

Comcast’s cable network spinoff may be a signal to the media industry for necessary change

Nikolas Kokovlis | Nurphoto | Getty Images Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal’s cable networks — except Bravo — into a separately publicly traded entity. Investors’ initial shrug at the proposed transaction underscores the uncertainty of the maneuver. The hope for Comcast is

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Nvidia to report third-quarter earnings after the bell

Nvidia to report third-quarter earnings after the bell

Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia reports fiscal third-quarter earnings Wednesday after the market closes. Here’s what Wall Street is looking for, per LSEG consensus estimates: Revenue: $33.16

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Utah Hockey Club is beefing up Salt Lake City’s roster as a sports hub

Utah Hockey Club is beefing up Salt Lake City’s roster as a sports hub

Barrett Hayton #27 of the Utah Hockey Club skates against the Vegas Golden Knights on November 15, 2024 at Delta Center in Salt Lake City, Utah.  Jamie Sabau | National Hockey League | Getty Images Salt Lake City checked all the boxes for a new professional sports team — particularly in the National Hockey League.

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TJ Maxx parent says holiday shopping is off to a ‘strong start,’ but its guidance tells another story

TJ Maxx parent says holiday shopping is off to a ‘strong start,’ but its guidance tells another story

TJX Companies touted a “strong start” to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street. TJX comfortably beat Wall Street’s expectations during its fiscal third quarter, but it’s expecting earnings per share for its holiday quarter to be between $1.12 and

TJ Maxx parent says holiday shopping is off to a ‘strong start,’ but its guidance tells another story Read More »

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