Tag: Breaking News: Earnings
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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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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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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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SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.
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E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%
E.l.f. Beauty received $50 million in tariff refunds during its fiscal first quarter, leading profits to nearly double.
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Lucid begins ‘operational reset’ as CEO says EV maker will delay midsize vehicle
The company didn’t provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.
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