Tag: 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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Stocks making the biggest moves midday: PG&E, Dell, GitLab, Credo Technology, Brown-Forman & more
Here are some of the companies making headlines in midday trading.
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Japanese green tea giant Ito En surges 8%, defying a broad market sell-off
Ito En shares surged, bucking a broader sell-off in Japanese stocks following its fiscal first-quarter results.
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Palo Alto Networks beats quarterly estimates on AI demand, continues acquisition spree
Palo Alto Networks’ stock has nearly doubled this year as AI boosts demand for security detection and response tools
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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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Fast-fashion giant Shein’s shares drop 7% in Hong Kong market debut
Shein made its Hong Kong market debut on Tuesday after years of attempts to go public.
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BYD shares slide as fierce China competition dents first-half earnings
BYD shares slid after the automaker released its latest results on Friday, despite higher second-quarter profit and overseas growth.
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K-beauty giant APR’s shares up 100% this year ahead of U.S. Costco launch in September
APR is accelerating its U.S. retail expansion with a Costco launch in September, as the K-beauty company’s shares have surged nearly 100% this year.
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