Finance

In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares moved about 5% lower in extended trading on Monday after the database software maker disclosed fiscal first-quarter revenue

Lego Star Wars toys sit on display inside a Toys R Us store in Paramus, New Jersey, Nov. 26, 2019. Bloomberg | Getty Images While other toy companies struggle with an inflation-fueled sales slump, Lego is building positive results brick by brick. The privately held Danish toymaker saw revenue rise 1% during the first six

In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Salesforce CEO Marc Benioff walks with other attendees as they leave a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 12, 2023. Kevin Dietsch | Getty Images News | Getty Images Salesforce shares jumped 6% in extended

“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as the company dramatically cut costs in a bid toward profitability. The company reported overall net operating

In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan | Getty Images Lululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit for its fiscal second quarter, boosted by a 61% revenue

General view of the UBS building in Manhattan on June 5, 2023 in New York City. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images UBS on Thursday posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse.

In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT The Polestar 3 SUV, originally expected late this year, has been pushed into early 2024 because of delays with its Volvo-developed software. Courtesy: Polestar Swedish electric-vehicle maker Polestar on Thursday reiterated that it still expects to deliver at least 60,000 EVs in 2023, with a

Enrique Lores, CEO, HP Scott Mlyn | CNBC Shares of HP fell more than 8% Wednesday morning after the printer and PC-maker released fiscal third quarter earnings that underwhelmed Wall Street. HP reported $13.2 billion in revenue, down from the $13.37 billion expected by analysts, according to Refinitiv. Earnings per share came in line with

In this article BF.B Follow your favorite stocksCREATE FREE ACCOUNT Jack Daniel’s Tennessee Whiskey Getty Images Jack Daniel’s maker Brown-Forman on Wednesday fell short of Wall Street expectations for its first quarter of fiscal 2024, plagued by lagging whiskey sales, supply challenges and a significant inventory rebuild. Net sales for whiskey products decreased by 1%, led

In this article BBY Follow your favorite stocksCREATE FREE ACCOUNT A shopper pushes a cart with a TV in front of a Best Buy store in Chicago, Illinois, November 25, 2022. Jim Vondruska | Reuters Best Buy on Tuesday surpassed Wall Street’s quarterly sales expectations, but tempered its outlook for the rest of the year

In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than twice its year-ago

In this article FL Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a Foot Locker store in New York. Michael Nagle | Bloomberg | Getty Images Foot Locker reported another quarter of falling sales and slashed its outlook for the second time this year on Wednesday as inflation-weary consumers think twice before shelling out

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT The exterior of a Peloton store is seen on February 05, 2022 in Dusseldorf, Germany.  Jeremy Moeller | Getty Images Peloton on Wednesday reported a wider than expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike

In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Nordstrom begins the process of closing its stores in Canada with the first day of a sale at the Eaton Centre in Toronto. March 21, 2023. Steve Russell | Toronto Star | Getty Images Nordstrom on Thursday surpassed Wall Street’s quarterly sales and earnings expectations,

In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past Old Navy and GAP stores in Times Square, New York City. Drew Angerer | Getty Images Gap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer saw another quarter of declining sales across all four of its

Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021. Yan Cong | Bloomberg | Getty Images Meituan‘s Hong Kong-listed shares fell more than 5% on Friday after CEO Wang Xing warned of a food delivery slowdown in the next quarter. “For our food

In this article DLTR Follow your favorite stocksCREATE FREE ACCOUNT Shoppers are seen at the parking lot of a Dollar Tree store in Bloomsburg, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Shares of Dollar Tree fell on Thursday and hit a 52-week low, after the retailer said customers’ shopping lists have largely narrowed to

In this article QAN-AU Follow your favorite stocksCREATE FREE ACCOUNT Australia’s Transport Workers’ Union have asked Qantas’ CEO to resign over for “empty promises to frustrated passengers” and “announcing more tactics to silence workers and suppress wages.” Phil Noble | Reuters Australia’s flagship carrier Qantas Airways reported a record annual profit on Thursday as demand