Shares of water and fire protection solutions company Core & Main (NYSE:CNM) fell 22.9% in the morning session after the company reported second-quarter earnings that beat profit estimates but lowered its full-year financial outlook. Although the water infrastructure distributor’s second-quarter revenue grew 6.6% year-over-year to $2.09 billion and its adjusted earnings per share of $0.87…
LONDON (Reuters) –Nvidia‘s Frankfurt-listed shares fell 2.9% on Thursday, a day after its results came up short of some analyst expectations in its important data centre segment. The chipmaker also said it expects revenue of $54 billion, plus or minus 2%, in the third quarter, compared with analysts’ average estimate of $53.14 billion. The fall…
Amazon Web Services, the cloud computing division at the e-commerce giant helped power quarterly earnings that beat market expectations (RONNY HARTMANN) Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs. “Massive results seen by Microsoft and Meta further…
Editor’s Note: The story has been updated with executive comment and stock price change Healthcare insurance giant Centene Corporation (NYSE:CNC) saw its stock tumble significantly on Friday after reporting a surprising second-quarter 2025 adjusted loss of 16 cents per share. This stark reversal from an adjusted income of $2.42 per share in the prior year…
LONDON (Reuters) – Alphabet shares fell 7.3% in Frankfurt on Wednesday a day after the company reported quarterly earnings that showed cloud revenue growth slowed and missed analyst expectations. Shares in the company dropped over 8% in extended trading on Tuesday following the results, having ended regular trading up 2.56%. (Reporting by Alun John; Editing…