Stocks eked out gains Friday and closed the week higher after the Federal Reserve’s favorite inflation gauge added to the case for an interest rate cut next week. For the week, the S & P 500 rose 0.3%, while the Nasdaq added nearly 1%. Both indexes logged back-to-back weekly gains. The Dow gained roughly 0.5%….
Rubrik shares soared 22% on Friday after the data management company posted blowout fiscal third-quarter numbers and boosted guidance. The stock, which debuted on the market in April 2024, had its second-best day on record. Revenue jumped 48% from a year earlier to $350 million, topping the $320 million average analyst estimate, according to LSEG….
Hewlett Packard Enterprise reported weak fourth-quarter revenue and server numbers, but beat earnings expectations and reaffirmed its fiscal year guidance on strong artificial intelligence demand. “I’m incredibly pleased with the results we posted in Q4 … despite the fact that we were on the lower end of the guide on revenues, because that was driven…
Ulta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s fiscal third-quarter expectations and seeing shoppers splurge on perfumes, skincare items and more. The beauty retailer said it now expects net sales for the year to be approximately $12.3 billion, higher than its previous expectations of $12 billion to $12.1 billion. That would…
Salesforce CEO Marc Benioff delivers the keynote address at the start of the Dreamforce conference in San Francisco on Oct. 14, 2025. Jessica Christian | San Francisco Chronicle | Getty Images Salesforce reported better-than-expected earnings on Wednesday and topped Wall Street estimates with its revenue guidance for the fourth quarter. The stock rose 2% in…
Macy’s on Wednesday beat Wall Street’s sales expectations for the third quarter in a row and posted its strongest growth in more than three years as the company’s turnaround strategy showed signs of momentum. The department store operator raised its full-year sales and earnings outlook after its better-than-expected fiscal third quarter. The retailer now expects…
Okta on Tuesday topped Wall Street’s third-quarter estimates and issued an upbeat outlook, but shares fell despite the outperformance as investors had high hopes for AI demand. Shares of the identity management provider fell more than 3% in after-hours trading on Tuesday. Here’s how the company did versus LSEG estimates: Earnings per share: 82 cents…
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. Speaking via teleconference, Son and OpenAI chief Sam Altman argued that advancing artificial intelligence would lead to new jobs that are not yet imagined, and the advancement of robotics will…
MongoDB shares rose 15% in after-hours trading on Monday after the company announced third-quarter earnings that topped Wall Street estimates and issued a strong forecast. The database software maker reported a revenue of $628 million, which was up 19% year over year, blowing past the $592 million expected by LSEG analysts. The company’s adjusted earnings…
Workday CEO Carl Eschenbach, right, walks to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2025. David Paul Morris | Bloomberg | Getty Images Workday shares slid more than 5% in extended trading Tuesday after the finance and human resources software maker issued quarterly…
