The Applied Materials logo on Dec. 17, 2024. Nurphoto | Nurphoto | Getty Images Applied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light. Here’s how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates: EPS:…
Brinker International CEO Kevin Hochman unpacked the company’s recent quarter in an interview with CNBC’s Jim Cramer, describing marketing strategies that have improved business. “We refortified our marketing budgets. Three years ago, we spent about $32 million in marketing,” Hochman said. “This past fiscal we just finished, we spent $137 million. So they actually have…
Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025. Al Drago | Bloomberg | Getty Images CIsco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. Here’s how the company did in comparison with LSEG consensus:…
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty Images As tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees. The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines has warned it might not be able to survive a year as a going concern if it doesn’t raise more cash,…
Mike Intrator, co-founder and CEO of CoreWeave, speaks at the Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images CoreWeave shares slid 9% in extended trading on Tuesday even as the provider of artificial intelligence infrastructure issued results and guidance that beat expectations. Here’s how…
CNBC’s Jim Cramer reviewed Tuesday’s stock market action and advised investors to stay in the market despite the geopolitical environment. Otherwise, he said, they might miss out on winning sessions. “People just can’t seem to process the most important three words in the investing lexicon: ‘stay the course.’ Nobody wants to stand pat when they…
Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6%…
On Running shoes at On’s headquarters in in Zurich, Switzerland. CNBC On sales rose 32% in the Swiss sportswear company’s second quarter, leading it to raise its full-year revenue guidance even as it contends with new tariffs on imports from Vietnam. The buzzy sneaker brand, which has been credited with taking market share from Nike,…
In its first fiscal quarter since President Donald Trump’s tariffs were announced, cosmetics company E.l.f. Beauty reported a 30% decline in net income, causing its shares to fall nearly 11% the day after its earnings report. E.l.f. is sourcing 75% of its products from China. Yet the company’s CEO, Tarang Amin, said he’s focused on E.l.f.’s…
