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Shares of British aerospace giant Rolls-Royce hit all-time high on upbeat outlook, profit
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024.Bloomberg | Bloomberg | Getty ImagesBritish aerospace group Rolls-Royce on…
Nvidia sales grow 78% on AI demand, company gives strong guidance
Nvidia CEO Jensen Huang presents the Nvidia Blackwell platform at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024.Ann Wang | ReutersNvidia reported fiscal fourth-quarter earnings after the bell on Wednesday that…
Dell forecasts $15 billion of AI server sales this year
Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024.Bridget Bennett | Bloomberg | Getty ImagesDell reported…
WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia.Kevin Dietsch | Getty ImagesWarner Bros. Discovery said Thursday it added 6.4 million global streaming…
Snowflake surges 8% on earnings beat as company expands AI push
Jakub Porzycki | Nurphoto | Getty ImagesSnowflake shares popped more than 8% Thursday after the data analytics software company posted stronger-than-expected fourth-quarter results.The company reported adjusted earnings of 30 cents per…
Nvidia’s beat and raise eases investors’ concerns about 4 things nagging the stock
Nvidia on Wednesday evening delivered a better-than-expected fiscal 2025 fourth quarter driven by a $2 billion revenue beat on data center sales. Forward guidance also exceeded estimates. Despite the enormous anticipation of the results,…
Salesforce misses on revenue, issues disappointing guidance
Salesforce CEO Marc Benioff appears at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025.Halil Sagirkaya | Anadolu | Getty ImagesSalesforce reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast…
TJ Maxx parent company posts strong holiday, but issues weaker-than-expected guidance
North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign.Jeff Greenberg | Getty ImagesTJX Companies posted a better-than-expected holiday quarter driven entirely by customer…
Lucid CEO steps down; EV maker plans to more than double production in 2025
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesElectric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down as the…
Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales
Home Depot on Tuesday topped Wall Street's quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects.For the full year ahead, the company said it…