Tag: earnings

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Baidu Revenue Falls 4% as AI Cloud Fails to Cover Ad Slump

Baidu posted a 4% drop in second-quarter revenue to 31.3 billion yuan on Tuesday, as AI cloud growth failed to offset a continued advertising decline.

Walmart Shares Slide as U.S. Sales Post Weakest Growth in Six Years

Walmart shares fell after reporting 2.6% comparable U.S. sales growth, its slowest in over six years, hit by falling drug prices and a soft profit outlook.

TJX Shares Drop as Quarterly Profit Guidance Falls Short of Estimates

TJX Companies shares fell after the off-price retailer forecast quarterly profit below estimates on soft demand, despite raising its full-year outlook.

Target Lifts Annual Forecasts as Fiddelke’s Turnaround Wins Back Shoppers

Target raised its full-year profit and sales outlook again as CEO Michael Fiddelke's store revamp and fresh merchandise draw customers back to the retailer

Analog Devices Rallies as Data Center and Industrial Chip Sales Beat Views

Analog Devices shares rallied after quarterly results topped expectations, driven by strong data center and industrial chip sales amid an AI-fueled recover

Target Posts Second Straight Sales Gain and $994M Tariff Refund, but Stock Falls

Target reported a second straight quarter of comparable sales growth and a $994 million tariff refund, raising its outlook, but shares fell on the report.

Klarna Stock Plunges 20% as CFO Departs and Volume Outlook Trimmed

Klarna shares fell about 20% after the fintech trimmed its volume outlook and announced its CFO's departure, despite returning to quarterly profit.

Baidu Misses Quarterly Estimates as Ad Revenue Falls 19%, Shares Slide

Baidu reported weaker-than-expected quarterly revenue and earnings as advertising sales fell 19%, sending shares lower amid its costly pivot to AI and Erni

Home Depot Beats Q2 Estimates and Backs Outlook Amid Frozen Housing Market

Home Depot topped Wall Street forecasts with $47.86 billion in Q2 revenue as customers focused on smaller projects, reaffirming its full-year guidance.

Apple Heads for Strongest June-Quarter Sales Growth in Five Years

Apple is on track for its strongest June-quarter sales growth in five years, driven by resilient iPhone demand and its expanding services business.

Humana Holds 2026 Profit Outlook at $9 Per Share, Disappointing Analysts

Humana beat quarterly estimates but kept its 2026 profit target at $9 per share, a level some analysts called disappointing as Medicare cost pressures pers

Bunge Beats Second-Quarter Profit Estimates on Strong Processing Margins

Bunge Global topped second-quarter profit forecasts as strong oilseed processing margins offset softer conditions across the grain-trading sector.

Berkshire Hathaway Rallies on Strong Earnings and Buyback, but Michael Burry Stays Out

Berkshire Hathaway shares rose on strong earnings and a big buyback under CEO Greg Abel, but investor Michael Burry signaled concern about its new era.

Embraer Stock Surges on Booming Earnings and Record Backlog, Outpacing Boeing and Airbus

Embraer shares jumped after strong quarterly earnings and a record order backlog positioned the Brazilian jet maker to outpace Boeing and Airbus in growth.

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