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  Category: Earnings

Earnings

Earnings

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

March 23, 20250

Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter as the sneaker giant contends with new tariffs, ...

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Earnings

Micron shares jump on earnings beat, rosy guidance as data center revenue triples

March 22, 20250

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesMicron shares popped 6% ...

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Earnings

Tencent profit surges 90% as it touts AI revenue boost and ramps up spending

March 20, 20250

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.Cheng Xin | Getty I...

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Earnings

Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing

March 18, 20250

Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germa...

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Earnings

Shares of DocuSign surge 14% on strong earnings, AI boost

March 16, 20250

Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday."We've really stabilized and I think started ...

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Earnings

Adobe shares drop 14% as concerns about AI growth overshadow better-than-expected results

March 14, 20250

Shantanu Narayen, Chair and CEO of Adobe Systems, addresses the gathering on the first day of the three-day B20 Summit in New Delhi on Aug. 25, 2...

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Earnings

Porsche CEO says Volkswagen ties ‘should play a role’ amid U.S. tariff threat

March 13, 20250

In an aerial view, a Volkswagen assembly plant is seen on April 19, 2024 in Chattanooga, Tennessee.Elijah Nouvelage | Getty Images News | Getty I...

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Earnings

Costco checks plenty of key boxes for investors despite missing on earnings

March 11, 20250

Costco on Thursday reported another sturdy โ€” if mixed โ€” quarter, demonstrating that its focus on keeping prices low continues to bring more shopp...

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Earnings

Broadcom’s report gives the battered AI trade a much-needed win

March 9, 20250

Broadcom shares were rewarded Thursday evening after the chipmaker delivered the kind of quarterly beats and strong guidance needed to ease inves...

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Earnings

Broadcom shares rise as AI growth powers strong guidance

March 8, 20250

Hock Tan, CEO of Broadcom.Martin H. Simon | Bloomberg | Getty ImagesBroadcom shares rose about 6% after the company posted strong first-quarter e...

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