Opinion
FedEx posts strong earnings results in last quarter with freight business
FedEx on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines.
Opinion
Opinion
Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks has a unique role in the AI boom. Revenue continues to soar as businesses swarm to the company's data analytics tools. But as clients rely on more AI agents to clean up data and ask questions, Databricks is e…
Opinion
Jewelry giant Chow Tai Fook's shares rise 15% as higher gold price boosts profits
Shares of jewelry giant Chow Tai Fook surged 15% on Friday after it posted a record high performance in its financial year to the end of March.
Opinion
Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle reported better-than-expected earnings and revenue for the fiscal fourth quarter on Wednesday while also raising its profit forecast for the year. The stock dropped 10% in extended trading as the company plans to…
Opinion
Palo Alto Networks tops earnings as AI fuels cybersecurity urgency
Palo Alto Networks surpassed Wall Street's fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools.
Opinion
HPE surges 19% after Monday's blowout earnings, closing its best day ever
CEO Antonio Neri told CNBC's "Squawk on the Street" on Tuesday that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.
Opinion
Victoria's Secret shares spike 40% after big earnings beat, raised sales outlook
Shoppers may be feeling gloomy about high prices at the pump, but they're still shelling out for new bras and underwear at Victoria's Secret.
Opinion
HPE skyrockets 30% on biggest earnings beat since 2018
Overall Cloud & AI revenue came in at $7.71 billion, topping the StreetAccount estimate of $6.87 billion, but it was the company's server unit that really impressed. Server revenue, which is a sub-division of the cloud …
Opinion
Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides
The "SaaSpocalypse" may not be over. But for now at least, fears of software's demise have cooled.
Opinion
Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance
Sales at Gap's largest brand Old Navy fell short of expectations during its fiscal first quarter, leading the retailer to cut its sales guidance on Thursday.
Opinion
Costco says it saw 'record-breaking' gas volumes amid rising prices
Costco Wholesale on Thursday said it saw "record-breaking volumes" for gas in its fiscal third quarter amid rising fuel prices.