Tag: earnings
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Macy’s posts strong results, raises guidance as turnaround begins to take hold
Macy’s posted strong second fiscal quarter results on Thursday and raised its full-year guidance.
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World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
TSMC reported monthly sales revenue for August on Thursday.
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HSBC lifts S&P 500’s year-end target to 8,100 on earnings strength
Sept 8 : HSBC raised its year-end target for the S&P 500 to 8,100 from 7,650 on Tuesday, betting that strong corporate earnings and sustained spending on AI infrastructure will extend the benchmark index’s rally.The revised target implies about 4.9 per cent upside from the index’s last close. HSBC expects EPS growth
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We got more defensive last week as Wall Street raised the bar for AI stocks
We initiated positions in defensive stocks to balance our AI exposure amid higher oil prices and Treasury yields.
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Cramer says buy this retail stock after the market got its latest quarter all wrong
CNBC’s Jim Cramer said Wall Street is misreading Five Below’s latest quarter by focusing on slowing comparable sales growth despite another beat and raise.
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Lululemon stock plunges 15% on disappointing earnings and outlook
Lululemon posted another quarter of disappointing results and a sales slowdown as the company struggles to turn its business around.
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Zscaler stock rises on earnings beat, upbeat guidance
CEO Jay Chaudhry said he’s “very bullish” on Zscaler’s agentic Zero Trust offering, which is gaining early momentum
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ChargePoint CEO says 70% stock surge ‘is the beginning of the momentum’
The infrastructure company is toward the end of a three-year business plan that has boosted revenue and significantly cut the company’s losses.
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Snowflake is ripping after its earnings report. Two analysts say there’s more upside to come
Snowflake is rallying after posting strong quarterly results this week. But, it has a lot more room to run, according to two shops on the Street.
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Stocks making the biggest moves premarket: Snowflake, Moderna, Broadcom & more
These are the stocks posting the largest moves premarket.
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