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Arm says it’s fueling many AI needs, but its stock shrugs off an earnings beat
The chip designer beat expectations for both its revenue segments.Business - MarketWatch - November 7 -
Williams-Sonoma’s stock rockets to all-time high as market-share gains fuel earnings beat
Williams-Sonoma Inc.’s stock was up 26% on Wednesday after the home-goods retailer reported improved sales and market-share gains, as well as stronger-than-expected profit, despite a “difficult ...Business - MarketWatch - Yesterday -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 6 days ago -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
Tyson Foods’ stock jumps as beef, chicken sales strength fuel an earnings beat
Tyson Foods’ stock surges after a healthy earnings beat, helped by strength in beef and chicken sales.Business - MarketWatch - November 12 -
ServiceNow rides AI wave to another beat-and-raise quarter
ServiceNow says businesses increasingly are turning to the company’s software to improve employee productivity — and now AI is part of the mix.Business - MarketWatch - October 24 -
Clemson frat opens its arms to student with special needs
At Clemson University in South Carolina, the ClemsonLIFE program gives students with intellectual disabilities a chance to learn life skills for independent living. One student, Charlie McGee, a ...Top stories - CBS News - October 27 -
Lenovo Builds on AI Momentum With Earnings Beat
The PC maker’s earnings grew faster than expected, as Lenovo began to reap benefits from its bets on artificial intelligence.Business - The Wall Street Journal - 6 days ago -
Elf Beauty’s beat-and-raise quarter fuels 7% stock jump
Elf also gained market share and saw international sales nearly double.Business - MarketWatch - November 7 -
Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.
AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.Business - MarketWatch - Yesterday -
Nvidia beats earnings expectations as investors eye demand for Blackwell AI chips
Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robustTech - ABC News - 23 hours ago -
Super Micro needs a new CEO before its AI advantage erodes
Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...Business - MarketWatch - November 5 -
What to do with Honeywell stock after its sharp post-earnings pullback
The industrial giant reported mixed third-quarter results compounded by a mixed outlook.Business - CNBC - October 24 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
Snowflake rockets 32%, its best day ever, after earnings beat
Snowflake reported better-than-expected results on the top and bottom lines.Business - CNBC - 1 hour ago -
Boston Scientific’s stock climbs on Q3 sales and earnings beat
Medical-products company Boston Scientific reported third-quarter results before market open.Business - MarketWatch - October 23 -
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...Business - MarketWatch - October 24 -
ConocoPhillips stock rises on Q3 earnings profit beat, robust outlook
ConocoPhillips shares rose 2.8% in premarket trades Thursday after the oil giant reported better-than-expected third-quarter earnings and gave robust production guidance.Business - MarketWatch - October 31 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
Freshpet’s stock jumps premarket after earnings beat and company raises guidance
Sales rose more than 25% for a 25th straight quarterBusiness - MarketWatch - November 4 -
Tapestry’s stock climbs on sales and earnings beat, raised outlook
Tapestry’s first-quarter revenue was fueled by topline growth at Coach.Business - MarketWatch - November 7 -
AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.Business - CNBC - November 7 -
Pinterest’s stock tumbles as earnings show slim revenue beat
Pinterest Inc.’s stock tumbled in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.Business - MarketWatch - November 8 -
SoundHound diversifies its business beyond cars, but the hot AI stock retreats
The voice-based AI company is becoming less concentrated, as its top customer made up a far lower portion of overall revenue relative to a year before.Business - MarketWatch - November 13 -
23andMe to lay off 40% of its workforce as stock price plummets
The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...Top stories - CBS News - November 12 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
Mahomes shrugs off injury as Chiefs win again
Patrick Mahomes shakes off a late injury scare as the Kansas City Chiefs maintain their unbeaten start to the season.Top stories - BBC News - November 5 -
TikTok Employees Shrug Off the US Election
Donald Trump says he’ll spare TikTok. Kamala Harris will likely support the ban. But inside the company, few are talking about the US election.Tech - Wired - November 5 -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - October 30 -
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure revenue declined.Business - MarketWatch - October 24 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - October 29 -
Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates
Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.Business - MarketWatch - October 30 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - November 6