In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Best Buy store in Manhattan, New York City, November 22, 2021. Andrew Kelly | Reuters Best Buy cut its full-year sales outlook Tuesday, as the company weathers a period of cooler demand and prepares for price-conscious holiday shoppers. The consumer electronics
Earnings
In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Nordstrom on Tuesday said sales slid by nearly 7% year over year, echoing other retailers’ comments about weaker demand and budget-pressured consumers.
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia Co-Founder and CEO Jensen Huang arrives at a Senate bipartisan Artificial Intelligence Insight Forum in Washington on Sept. 13, 2023. Sarah Silbiger | Bloomberg | Getty Images Nvidia shares slid 2% in extended trading on Tuesday after the chipmaker reported fiscal third-quarter results that
In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT Abercrombie & Fitch. Courtesy: Abercrombie & Fitch Abercrombie & Fitch on Tuesday blew past estimates as it posted a 20% jump in sales thanks to a strong back-to-school shopping season and growth at both its namesake brand and Hollister. The longtime mall retailer, which has bounced
Exterior view of the Siemens Forum, part of the Siemens Headquarters, in Munich, Germany. Getty Images Siemens on Thursday posted a 10% rise in revenue growth for its fiscal fourth quarter to a record high of 21.4 billion euros ($23.2 billion), beating forecasts, but expects a slowdown in 2024. The German industrial conglomerate projects sales
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT Signage at the Alibaba Group Holding Ltd. booth at the Smart China Expo in Chongqing, China, on Monday, Sept. 4, 2023. Qilai Shen | Bloomberg | Getty Images U.S.-listed shares of Chinese e-commerce giant Alibaba slid on Thursday after it announced that it would not proceed with
In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT A Gap retail store sign on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images Gap posted a better-than-expected third quarter on Thursday, but the apparel retailer still appears cautious ahead of the holiday season as it works to reverse slowdowns at
In this article M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s Herald Square store in New York is shown on Aug. 21, 2023. View Press | Corbis News | Getty Images Macy’s on Thursday topped Wall Street’s quarterly expectations, as inventory and margin improvement helped offset an 7% year-over-year decline in sales. The department store
In this article TJX Follow your favorite stocksCREATE FREE ACCOUNT A Marshalls store in New York Scott Mlyn | CNBC TJX Companies on Wednesday raised its full-year guidance and said it expects a strong holiday season after inflation-weary consumers drove another quarter of sales gains. The off-price giant, which runs T.J. Maxx, Marshall’s and HomeGoods,
In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Chuck Robbins, CEO & Chairman of Cisco, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | CNBC Cisco shares were down as much as 13% in extended trading on Wednesday after the networking hardware maker issued a
Siemens Energy site in Muelheim an der Ruhr, Germany, August 3, 2022. Wolfgang Rattay | Reuters Siemens Energy has secured 7.5 billion euros ($8.15 billion) in project-related state guarantees from the German government, hours before announcing a nearly 5 billion euro loss for its fiscal year. The German economy ministry announced late on Tuesday that
In this article U Follow your favorite stocksCREATE FREE ACCOUNT Jim Whitehurst, CEO of Redhat. Adam Jeffery | CNBC Unity Software shares fell as much as 15% in extended trading on Thursday after the video-game engine maker reported a third-quarter revenue miss and refrained from issuing guidance. Here’s how the company did: Earnings: Loss of
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