Adobe Inc. (ADBE) reported third-quarter earnings yesterday after the market closed, and while earnings and revenue both came in above the analyst consensus, the focus remained on lackluster guidance for the current quarter. Here’s how the company performed in Q3: Adjusted earnings per share: $4.65 compared to the $4.53 consensus. Revenue: $5.41 billion compared [...]
The debate America has long been anticipating took place last night between former president Donald Trump and current Vice President Kamala Harris. The general consensus as of Wednesday morning is that Trump put on a somewhat rocky performance, with many believing Harris performed better than expected. Even conservative voters aren’t thrilled with what they [...]
It was a bad day for tech companies in the European Union (EU) court system as both Apple (AAPL) and Google (GOOGL) lost their battles and will face hefty financial penalties as a result. Apple was fighting a €13 billion ($14.4 billion) Irish tax bill, which can be traced all the way back to [...]
NVIDIA’s role as a leader in the AI revolution makes it one of the most exciting stocks on the market. With a market cap over $1 trillion and its presence in everything from data centers to gaming, it’s a stock that many investors have their eyes on—whether you already own it or are thinking [...]
Salesforce (CRM) reported second-quarter earnings and revenue that came in ahead of analyst expectations thanks to a surge in bookings and early renewals for key clients. Here’s how the company performed compared to the consensus: Earnings: $2.56/share compared to the estimate of $2.35/share. Revenue: $9.3 billion compared to the estimate of $9.2 billion. Revenue [...]
Ambarella (AMBA) started Wednesday morning where it left off yesterday, climbing higher on the heels of an earnings beat in the fiscal second quarter. The stock is up 11% so far today and 21% in the past week. This comes after the company delivered a narrower loss than experts were expecting with EPS of [...]
It’s no secret that Nvidia Corporation (NVDA) has been the center of attention since the AI boom began a few years ago. It’s surged nearly 3,000% in the past 5 years and until recently, showed no signs of slowing down. Even after a few slight hiccups throughout the summer thus far, it’s always responded [...]
Intel Corporation (INTC) has been losing its footing over the past month after the company announced a revision to its second-quarter earnings and revenue outlook. The stock has fallen more than 27% since the start of August, adding to a more concerning long-term trend. INTC has lost nearly 60% of its value through 2024 [...]
Shares of Zoom (ZM) are up 12% so far Thursday morning after the company released its fiscal second-quarter earnings, which came in well above the analyst consensus. The company also shared a very optimistic outlook for the remainder of the year. Here’s how the quarterly results shook out: Adjusted earnings per share: $1.34 compared [...]
Rumble Inc. (RUM) disclosed its second-quarter earnings results sending shares 5% higher so far Tuesday morning. The video-sharing and cloud services provider has sought to democratize the internet, and users are getting on board. Revenue was up 27% from the first quarter to $22.5 million, but slightly down year over year. The company reported [...]
