Macy’s (M) raised its fiscal year outlook on Wednesday after posting better-than-expected quarterly results across the board, with same-store sales growth a bright spot. While revenue and adjusted earnings fell, both came in higher than Wall Street had forecast. Shares in the retail giant jumped more than 12% in premarket trading after the earnings report….
Williams-Sonoma (WSM) said it saw minimal impacts from tariffs in its second quarter results but expects tariffs to pressure its top-line growth and operating margins in the current quarter. “Our incremental tariff rate has doubled since our last earnings call,” CFO Jeffrey Howie said in the company’s earnings call. “At our May earnings call, our…
Last week, you might have seen that Kraken Robotics Inc. (CVE:PNG) released its quarterly result to the market. The early response was not positive, with shares down 8.2% to CA$3.46 in the past week. Revenues of CA$26m beat analyst forecasts by6.6%, while the business broke even in terms of statutory earnings per share (EPS). This…
The focus turns to retailers next week as heavyweights Walmart (WMT), Target (TGT), Lowe’s (LOW), and Home Depot (HD) report results. Investors will be listening for changes in consumer behavior as tariffs and inflation remain top concerns for households. Earlier this earnings season, Amazon CEO Andy Jassy noted that the company wasn’t seeing diminishing demand…
Shares of social network operator Meta Platforms (NASDAQ:META) fell 3.1% in the morning session after The Information reported that the company is planning its fourth overhaul of its artificial intelligence operations in six months. This report likely raised concerns among investors about the stability and direction of the company’s AI strategy. The news comes after…
Meta’s (META) stock jumped 12% in premarket trading on Thursday after its second quarter earnings outperformed expectations and the company offered a better-than-expected outlook for Q3. The Facebook parent said Wednesday it anticipates between $47.5 billion and $50.5 billion in third quarter revenue, well ahead of the $46.2 billion Wall Street was calling for. For…
Despite a steep 65% drop from its all-time high of 145.99 a share in the prior 12 months, Novo Nordisk remains one of the most operationally sound businesses on the planet. As an investor, you are getting exposure to the booming GLP-1 drug market and the stable, cash-rich insulin and diabetes care business, serving a…
Spotify Technology (NYSE:SPOT) experienced a notable decline in its stock price on Tuesday following the release of its second-quarter 2025 financial results. While the audio streaming giant demonstrated robust growth in its user base, a significant miss on earnings per share and revenue, coupled with a conservative outlook for the upcoming quarter, weighed heavily on…
UnitedHealth (UNH) is America’s largest private health insurer. That’s its biggest problem. The parent company, UnitedHealth Group, traded down nearly 20% Thursday morning after missing Wall Street estimates on both the top and bottom lines. The reason for the steep sell-off? Medicare Advantage. NYSE – Nasdaq Real Time Price • USD As of 12:10:27 PM…
Johnson & Johnson (JNJ) reported a beat on first quarter earnings Tuesday, even as concerns linger about how President Trump’s tariffs will impact its medical device business, as well as how a probe into pharmaceutical tariffs will impact its business. J&J reported first quarter revenue of $21.9 billion, beating Wall Street estimates by 1.4%. Adjusted…