Tag: Breaking News: Earnings
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Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million
Morgan Stanley is expected to benefit from robust investment banking and equities trading revenue.
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Bank of America is set to report third-quarter earnings – here’s what the Street expects
The U.S. Treasury Department announced a $1.2 billion penalty against Bank of America on Tuesday.
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Oracle’s stock jumps 7% on earnings beat as cloud infrastructure revenue more than doubles
Oracle’s results for the quarter came in stronger than expected, as did its revenue backlog.
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Broadcom’s stock drops 5% as weak guidance overshadows earnings beat
Broadcom gave a disappointing revenue forecast for the current quarter.
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Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell sees AI server revenue tripling in fiscal 2027. Six months ago, it was looking for the number to double.
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Salesforce stock jumps 12% on AI growth and Anthropic investment gain
Salesforce’s Anthropic stake led to higher profit in the latest quarter.
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Dick’s Sporting Goods stock falls 15% as retailer misses expectations, cites ‘challenging’ footwear market
Dick’s Sporting Goods reported second fiscal quarter earnings on Tuesday that missed Wall Street expectations amid what it called a “challenging” environment.
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Home Depot reaffirms guidance amid ‘frozen housing market conditions’
Home Depot reported second fiscal quarter results that beat Wall Street expectations on the top and bottom lines.
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CoreWeave stock pops 12% as revenue doubles on accelerating AI infrastructure demand
CoreWeave’s revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
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Peloton posts first ever annual net profit, but shares drop as outlook disappoints
Peloton delivered its first ever annual profit in fiscal 2026 but it’s still working to generate sales growth as consumers pull back on big ticket purchases.
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