A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter and bolstered by growth in advertising. Here’s how Baidu did in the June quarter versus Refinitiv
Earnings
In this article DKS Follow your favorite stocksCREATE FREE ACCOUNT Signage outside a Dick’s Sporting Goods Inc. store in Clarksville, Indiana, on Monday, Nov. 9, 2020. Luke Sharrett | Bloomberg | Getty Images Dick’s Sporting Goods reported a 23% drop in profits and slashed its earnings guidance for the year after it saw an uptick
In this article M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s store in Herald Square in New York. Scott Mlyn | CNBC Macy’s on Tuesday topped Wall Street’s quarterly sales expectations, even as it struck a cautious note about consumer spending for the back half of the year. The retailer stood by its conservative full-year
In this article PANW Follow your favorite stocksCREATE FREE ACCOUNT Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022. Adam Galica | CNBC Palo Alto Networks shares jumped as much as 9% in extended trading on Friday after the security software vendor reported earnings that exceeded analysts’
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Atchison, Kansas. Walmart store logo with gardening products for sale. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Walmart will report fiscal second-quarter earnings before the bell on Thursday, as the discounter tries to capitalize on
In this article 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A Target department store on May 17, 2023 in North Miami Beach, Florida. Joe Raedle | Getty Images Target will report fiscal second-quarter earnings on Wednesday, as consumers send mixed messages about their willingness to spend. The discounter, which saw enormous sales gains during the
In this article TGT TJX Follow your favorite stocksCREATE FREE ACCOUNT A T.J. Maxx store in Pasadena, California. Mario Anzuoni | Reuters Cash-strapped consumers may be pulling back on discretionary purchases at Target, but they’re spending big on name brands and home goods at off-price TJX Companies. The discounter raised its full year outlook on
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has expressed optimism about the medium-term outlook. The strong numbers are attributed to the HKEX’s “diversification away from just the cash business” and the “tremendous” growth
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of
Rocket Lab Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second quarter saw strong performance across Rocket Lab’s launch and space systems businesses with three successful Electron [rocket] launches, more than 17 spacecraft featuring
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