News
Why Fed Ex is down after a strong quarter " and its impact on our stock rating
4+ hour, 12+ min ago (15+ words) We knew this report would be transitional, even messy, given the separation of Fed Ex Freight....
Danaher gives investors reasons to stick around, sending beaten-up shares flying
8+ mon, 2+ day ago (30+ words) Danaher shares soared on Tuesday after the supplier of tools and equipment to drugmakers and hospitals provided an upbeat initial forecast for growth next year. After an extended stretch of. .....
EBay stock surges on earnings beat, rosy guidance
10+ mon, 3+ week ago (483+ words) Shares of e Bay popped 10% in extended trading on Wednesday after the online marketplace posted stronger-than-expected results for the second quarter, and offered an upbeat forecast for the current period. Here's how the company did in the second quarter compared…...
U. S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit
10+ mon, 3+ week ago (597+ words) The U. S. economy grew at a much stronger-than-expected pace in the second quarter, powered by a turnaround in the trade balance and renewed consumer strength, the Commerce Department reported Wednesday. Gross domestic product, a sum of goods and services activity across…...
Software stocks wrap up best month since 2001 as talk of 'Saa Spocalypse' subsides
3+ week, 4+ day ago (471+ words) The "Saa Spocalypse" may not be over. But for now at least, fears of software's demise have cooled. Software stocks soared this week, driven by strong results from Snowflake and Okta, signaling that some companies are navigating their way through…...
Dell stock skyrockets 32%, heads for best day ever as AI server revenue soars
3+ week, 4+ day ago (191+ words) Shares of Dell Technologies skyrocketed 32% on Friday after the company reported its fastest pace for revenue growth for any period since returning to the public market in 2018. The stock is pacing for its best day ever. Dell, which reported first-quarter…...
Kohl's stock jumps as slumping retailer says sales trends are improving
3+ week, 5+ day ago (254+ words) Kohl's stock jumped more than 8% in premarket trading Thursday after the retailer reported its best comparable sales performance in four years. The retailer said its net sales decreased 1. 7% and its comparable sales slid 1. 1% in its fiscal first quarter as it…...
$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
3+ mon, 3+ week ago (770+ words) Oil markets are bracing for a possible supply shock after U. S. strikes on Iran over the weekend reignited fears that flows through the Strait of Hormuz could be disrupted. Follow CNBC's live coverage of the U. S. -Israel strikes in Iran While analysts…...
Nvidia beats on top and bottom lines as company expects breakneck AI spend to continue
9+ mon, 3+ week ago (679+ words) Nvidia reported better-than-expected earnings and revenue on Wednesday, and said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for artificial intelligence infrastructure shows no sign of fading. The stock, which is up 35% this year after…...
Salesforce's beat fails to convince the market that software can survive AI
3+ week, 6+ day ago (18+ words) Salesforce is doing everything it can to signal to the market that this year's sell-off is unwarranted....