Before Nvidia (NASDAQ: NVDA) released the results for its 2026 fiscal fourth quarter last week, I thought the only way that the stock would rise in the report’s wake was if management provided a stellar outlook. I was wrong, though. Nvidia provided both an outstanding report and a stellar outlook, and the stock still fell…
A customer walks into the Grocery Outlet in Oakland. The Emeryville-based discount grocery chain will close 36 underperforming stores after reporting a $218.2 million fourth quarter loss. (Douglas Zimmerman/SFGATE) Grocery Outlet, the Emeryville-based discount grocer with a large Northern California footprint, said it plans to close 36 financially underperforming stores as it tries to improve profitability after…
Micron Technology (MU) reported fourth-quarter fiscal 2025 earnings of $3.03 per share, beating the Zacks Consensus Estimate by 5.9%. The company’s fourth-quarter earnings jumped 156.8% year over year from the year-ago quarter’s earnings of $1.18 per share. Micron’s revenues increased 46% year over year to $11.32 billion and beat the Zacks Consensus Estimate by 1.2%….
Memory chipmaker Micron Technology (MU) reported fiscal fourth quarter results after the bell on Tuesday that topped Wall Street estimates. Micron posted revenue of $11.3bn (£8.38bn) for the quarter, ahead of the $11.15 billion expected by analysts polled by Bloomberg. Adjusted earnings per share of $3.03 also beat forecasts of $2.84. The company’s guidance for…
Microsoft’s (MSFT) market capitalization topped the $4 trillion mark at the start of trading on Thursday, joining Nvidia as the only two publicly traded companies to hit the milestone. The company crossed the landmark number after reporting its fiscal fourth quarter earnings on Wednesday, beating analysts’ expectations on the top and bottom lines on the…
Qualcomm (NASDAQ:QCOM) posted a solid fiscal third-quarter performance on Wednesday, boosted by continued growth in its automotive and IoT businesses. However, a cautious fourth-quarter outlook and lingering concerns over handset market volatility tempered investor enthusiasm, sending shares down more than 7% in Thursday trading. Analysts across Wall Street responded with cautious optimism. Rosenblatt Securities’ Kevin…
00:00 Speaker A Time now for to watch next week. Gonna start off on the earnings front. We’re getting another round of earnings, including FedEx, Micron, and Nike. Nike announced results for the fourth quarter on Thursday. That’s after the markets close. Been a rough year for Nike offering big discounts to clear out product…