Alibaba stock fell early Tuesday as the Chinese e-commerce giant beat revenue expectations and signaled robust AI demand and cloud growth.
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Consumers are starting to replace electronics bought during the pandemic, CEO Corie Barry says, helping drive revenue gains.
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Zoom posted third-quarter adjusted earnings of $1.52 a share.
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Earnings call commentary overshadows the software company’s fiscal-year guidance boost.
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A deceleration in cloud revenue growth disappoints investors, analysts say.
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The company has seen an encouraging start to the important fourth quarter, CEO Richard Dickson said.
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The maker of TurboTax is looks to boost its growth through artificial intelligence products.
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The company also announces it is transferring the listing of its common stock to the Nasdaq stock market in December as it continues to expand its tech ambitions.
Long Read
The cybersecurity company said it plans to buy Chronosphere for $3.35 billion, but that wasn't enough to drive shares higher.
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The retailer posts weaker-than-expected quarterly adjusted earnings and sales and slashes its fiscal-year outlook.
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Dycom reported fiscal third-quarter earnings per share of $3.63 from sales of $1.5 billion. Wall Street was looking for $3.20 and $1.5 billion, respectively, according to FactSet.
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The company raised full-year earnings guidance following a strong third quarter.
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Lowe's outperformed expectations, after Home Depot’s lackluster results suggested that the long-awaited rebound in home improvement spending hadn’t materialized in the third quarter
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Target’s third-quarter earnings are slightly better than expected, but volatility and choppy demand prompt the retailer to trim its guidance for the fiscal year.
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The owner of the protein-shake brand Premier Protein and the protein-powder brand Dymatize reported lower EPS than expected.
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Medtronic exceeds fiscal second-quarter earnings and revenue expectations.
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CEO Ted Decker blamed the earnings miss on a lack of storms over the third quarter.
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XPeng reports a third-quarter per-share loss of 1 cent from sales of $2.9 billion.
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Quantum Computing posts higher revenue and swings to a profit in the third quarter.
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The company’s third-quarter results were roughly in line with Wall Street estimates, but investors appear to have wanted more.
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The path to profitability is similar, but the two companies are valued very differently.
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An earnings and revenue beat from the chip equipment maker might not have been enough for investors, given the stocks’ rally this year.
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Operating income for the entertainment segment plunged as both TV advertising and box-office sales fell.
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JD.com and its rivals Alibaba Group Holding and Meituan have been locked in an e-commerce price war.
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Cisco reported revenue of $14.9 billion in its latest quarter, exceeding Wall Street estimates.
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