Deckers hikes its yearly outlook. Wall Street still has questions about demand.
Deckers ran low on Uggs and tried to catch up with demand through last year. But now, after strong demand and a stronger ...
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...
Apple tops profit views, extends streak of revenue beats
EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line ...
KLA 2Q Revenue Outpaces Guidance After AI Investment Boost
KLA's profit rose in its second quarter and revenue hit the upper end of what the company had previously expected. Shares increased about 4% to $771.10 after markets closed. The stock is up 24% over ...
Apple iPhone Sales Shrink Slightly as Investors Await AI Payoff
The company has heavily advertised AI features since the latest iPhones were released in September.
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom ...
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Why Is Celestica (CLS) Stock Up So Much Today?
Celestica (NYSE: CLS) is an electronics manufacturing services (EMS) company. It also specializes in data centers and AI infrastructure. The stock has been one of the most stellar names on the stock ...
Material sciences company Dow posts Q4 loss, says it's cutting 1,500 jobs, 4% of workforce
Dow Inc.'s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales ...
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
Caterpillar Has Potential For Multiple Expansion Post Earnings, Goldman Sachs Says
Goldman Sachs analyst Jerry Revich, maintaining a Buy rating and $442 price forecast, expressed views on Caterpillar, Inc.'s ...
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods ...