Best Buy shares pop as investors bet pandemic gains will outlast fourth-quarter supply chain, staffing hiccups
The retailer's fourth quarter saw low inventory on some popular holiday items and reduced store hours.
CNBC Earnings
Snowflake plunges almost 30% on slowing revenue growth
Snowflake shares plummeted in extended trading after the company's earnings report.
Victoria's Secret refers to Ukraine war and inflation as it offers dismal first-quarter outlook
Victoria's Secret appeared to reference Russia's attack on Ukraine as it issued a weak outlook for its first quarter.
Salesforce reports better-than-expected earnings and revenue, issues upbeat guidance
Salesforce beat on the top and bottom lines in its fiscal fourth-quarter earnings report.
First Solar shares sink after revenue miss, disappointing guidance
The solar-panel manufacturer has faced rising raw material costs and supply chain bottlenecks.
Nordstrom stock spikes 35% as retailer makes key strides in its off-price Rack business, issues strong guidance
Nordstrom reported better-than-expected profits and sales for the holiday quarter, prompting the retailer to offer an optimistic outlook for the coming year.
GoodRx shares plunge 39% after revenue miss, weak forecast
Discount drug prescription site GoodRx plunged 39% after the company missed estimates on revenue and gave a weak forecast.
Domino's shares rebound after company announces CEO retirement, weak fourth-quarter results
U.S. same-store sales rose just 1% in the quarter, dragged down by weak performance by Domino's company-owned restaurants.
Kohl's issues better-than-expected outlook as margins withstand supply chain strain
CEO Michelle Gass said Kohl's achieved an operating margin of 8.6% two years ahead of schedule.
Target shares surge as retailer says it can keep growth going beyond the pandemic
The discounter will also hold an in-person investor day Tuesday in New York City.
Zoom provides disappointing revenue forecast for first quarter and full year
Zoom's revenue growth is continuing to slow after its business surged during the first year of the Covid-19 pandemic.
EV start-up Lucid slashes 2022 vehicle production forecast, causing shares to plummet
The company cited supply chain constraints for slashing production expectations to between 12,000 and 14,000 vehicles, down from 20,000 units.
Warren Buffett in annual letter calls Apple one of 'Four Giants' driving Berkshire Hathaway's value
In his annual letter to Berkshire shareholders on Saturday, Buffett called Tim Cook's Apple his "runner-up Giant" next to the cluster of insurers.
Berkshire's operating earnings surge as Buffett repurchases record $27 billion in stock during 2021
Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.
Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders
Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday.
Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products
Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022.
Alibaba shares slip after it reports slowest ever revenue growth and misses expectations
Alibaba reported its slowest quarterly revenue growth in the December quarter since going public in 2014.
Zscaler tumbles after issuing light earnings forecast
Zscaler showed the fastest revenue growth in three years as its stock initially moved higher thanks to conflict-related buying activity on Thursday.
Etsy shares soar after fourth-quarter earnings beat
Etsy on Thursday reported fourth-quarter results that beat on both the top and bottom line.
Coinbase posts big revenue beat but expects trading volume to fall in the first quarter
Coinbase's earnings come after major cryptocurrencies saw a weak month in December, despite an overall explosion in value in 2021.
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