Tag: earnings
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Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Same-store sales growth at Darden’s fine-dining restaurants and Olive Garden fell short of expectations.
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Micron stock jumps over 16% in premarket trading after blockbuster earnings
The company’s revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
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Micron is tech’s new margin king as memory crisis pushes company past Nvidia and Meta
Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
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Micron stock jumps 16% as soaring prices from memory crunch lead to quadrupling of revenue
Micron’s quarterly earnings report follows a 700% surge in the memory maker’s stock price over the past year.
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Cerebras CEO says margin forecast was ‘misunderstood’ as stock plummets after earnings
AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
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Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more
See which stocks are posting big moves after the bell.
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Cerebras reports 92% revenue growth in chipmaker’s first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
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Investors see Micron earnings as pulse check of AI rally momentum
NEW YORK, June 19 : Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if it is still accelerating.Despite a sharp mid-week selloff, major U.S. stock ind
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Fed meeting live updates: New Chairman Kevin Warsh squares off against a ‘hawkish’ committee
The Federal Reserve’s rate decision on Wednesday marks the first one with Kevin Warsh at the helm.
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Jewelry giant Chow Tai Fook’s shares rise 15% as higher gold price boosts profits
Chow Tai Fook surged after posting a record high profit in its latest financial year.
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