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HP forecasts first-quarter profit below estimates on sluggish demand in PC market
A sign is posted in front of a Hewlett-Packard (HP) office on May 29, 2024 in Palo Alto, California.Justin Sullivan | Getty ImagesHP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent…
CrowdStrike raises annual forecast on steady cybersecurity demand
CrowdStrike Holdings Inc. signage on the floor of the New York Stock Exchange on July 22, 2024.Michael Nagle | Bloomberg | Getty ImagesCybersecurity firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter…
EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty…
EasyJet on Wednesday reported record revenue from charging passengers for flight add-ons such as extra baggage in the full year to October, as the budget airline's CEO criticized a recent Spanish fine over the practice.The easyJet group,…
Campbell’s falls short of sales estimates, names insider Beekhuizen as CEO
Cans of Campbell's Chicken Noodle Soup are seen in a supermarket in New York.Richard Levine | Corbis News | Getty ImagesCampbell's fell short of market expectations for quarterly net sales on Tuesday and named insider Mick Beekhuizen as…
Okta shares pop 18% on earnings beat, strong guidance
File photo of Todd McKinnon, chief executive officer of Okta Inc.Bloomberg | Bloomberg | Getty ImagesShares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results…
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024.Halil Sagirkaya | Anadolu | Getty ImagesSalesforce shares were up 9% on Tuesday after the company's fiscal…
Foxconn beats estimates with record fourth-quarter revenue on AI demand
A man with a face mask walks past the logo of Foxconn, or Hon Hai Group , which is Taiwans technology giant and the worlds leading producer of semiconductors or chips particularly for Apples devices, amid COVID-19 outbreak , in Taipei,…
Lucid reports record quarterly vehicle deliveries, meets production target
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesLucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and…
Salesforce surges on revenue beat, AI growth prospects – here’s our new price target for
Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and issued a solid forecast for the current period. But most importantly, the company showed that…
Foot Locker shares tumble as it issues gloomy holiday outlook, sees ‘softness’ at Nike
Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker slashed its full-year guidance Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand…