Accenture stock rallies after earnings beat expectations
Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates.
CNBC Earnings
Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring
Nike is expected to post another quarter of declining sales as the company tries to turn around its business and regain growth in China.
Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold
Micron is up over 500% in the past year as the company benefits from soaring AI demand.
We're raising our Micron price target after an incredible quarter and robust guidance
Micron signaled that fiscal 2027 will be another strong year as demand for its memory products continues to exceed supply.
Costco makes progress on a key membership metric. Here's our new price target on the stock
Costco's membership renewal rates moved in the right direction. But the debate isn't totally settled just yet.
Cat owners are spending more and boosting pet retailers
Spending on cats remains strong despite softening dog sector and tightening consumer discretionary spending.
Darden Restaurants stock falls as Olive Garden reports slower growth
Olive Garden's same-store sales growth has slowed in recent quarters.
Salesforce issues revenue target of over $63 billion for fiscal 2030, beating estimates
Salesforce issued some updated longer-term financials at its annual Dreamforce conference.
J.B. Hunt stock plunges 13% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged 13% Wednesday after the company warned of an earnings drop between 5% and 10%.
Oracle posts 30% revenue growth fueled by AI cloud demand as debts hits $125 billion
Oracle's cloud infrastructure revenue jumped 121% from a year earlier, reflecting demand for AI cloud services.
Oracle's stock edges up on earnings beat as cloud infrastructure revenue more than doubles
Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.
Macy's posts strong results, raises guidance as turnaround begins to take hold
Macy's posted strong fiscal second-quarter results on Thursday and raised its full-year guidance.
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
TSMC reported monthly sales revenue for August on Thursday.
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.
Zscaler beats earnings expectations, issues upbeat guidance but stock falls
CEO Jay Chaudhry said he's "very bullish" on Zscaler's agentic Zero Trust offering, which is gaining early momentum
Lululemon stock plunges 20% 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.
Broadcom delivers strong earnings view as CEO touts growth with AI labs
Broadcom gave a disappointing revenue forecast for the current quarter but provided robust earnings guidance for fiscal 2028.
Broadcom guides to big numbers but investors wanted more. Why we're OK to hold for now
We recently reduced our position size, which allows us to be more patient with this one.
Snowflake spikes 22% on healthy results and AI coding momentum
Snowflake business is growing quickly, in part thanks to adoption of an artificial intelligence agent for writing code.
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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