Tag: earnings

Cato Corporation to Close 120 Stores After Second-Quarter Profit Falls

Cato Corporation will close about 120 stores after second-quarter net income fell to $1.1 million and sales dropped 6% year over year.

Coca-Cola Returns 84% over Five Years as PepsiCo Manages 3%

Coca-Cola shares returned 84% over five years against PepsiCo's 3%, as Q2 results show diverging margins and guidance.

Oracle Down 50% in a Year Despite 30% Revenue Growth and $664 Billion Backlog

Oracle shares are down about 50% over the past year despite 30% revenue growth and a $664 billion contract backlog in remaining performance obligations.

Willis Lease Profit Falls 51% to $28.7 Million in Q2 2026

Willis Lease Finance reported August 4 that net income fell 51.2% to $28.7 million in Q2 2026, even as operating income and management fees grew.

SoundHound AI Down 71% From October Intraday High

SoundHound AI shares have fallen nearly 71% from their October high, while the company recently completed its LivePerson acquisition.

Oracle Jumps 6% After 30% Revenue Growth on AI Cloud Demand

Oracle shares rose about 6% after reporting 30% revenue growth, with cloud infrastructure revenue up 121% on AI demand.

Adobe Beats Q3 Estimates but Soft Q4 Guidance Drags Shares Lower

Adobe topped third-quarter revenue and earnings forecasts on Thursday, but weaker fourth-quarter sales guidance pushed shares lower in after-hours trading.

Snowflake Stock Spikes 22% After AI-Fueled Forecast Beats Estimates

Snowflake shares spiked about 22% after the data-cloud company beat estimates with an AI-fueled forecast and momentum in its code-writing agent.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

HPE Raises Annual Forecasts as AI Server Demand Lifts Quarterly Revenue

Hewlett Packard Enterprise raised its annual profit and revenue forecasts after AI server and networking demand drove a quarterly earnings beat.

Broadcom Stock Falls as Revenue Forecast Disappoints Despite Upbeat Earnings

Broadcom shares dropped on Thursday after a revenue forecast below estimates, extending a year in which the stock has lagged the broader chip rally.

GitLab Stock Surges After AI-Driven Quarter Beats Wall Street Estimates

GitLab shares surged toward a 52-week high after the company topped second-quarter estimates on AI-driven demand, prompting a William Blair upgrade.

Palo Alto Networks Beats Estimates as AI Fuels Security Demand

Palo Alto Networks topped fiscal fourth-quarter estimates on September 1 as AI-driven security demand lifted results and its stock nearly doubled this year

Dell Surges 9% After Tripling AI Server Forecast, Backlog Hits $95 Billion

Dell shares jumped 9% on September 1 after raising its fiscal 2027 AI server forecast to triple, with order backlog reaching $95 billion.

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