Deckers hiked its outlook, but the stock is tumbling after a sizable run higher
Deckers sales rose 17.1% to $1.83 billion, above the consensus analyst expectation of $1.73 billion. The company earned $3 a ...
Sherwin-Williams sales fall short of estimates in choppy market, but stock perks up
Sherwin-Williams Co.’s stock shed early losses to trade up 1.8% Thursday, after the paint company’s fourth-quarter sales fell ...
Apple tops profit views, extends streak of revenue beats
EPS of $2.40, up 10% from a year ago and above the FactSet consensus of $2.35. Revenue grew 4% to $124.30 billion, to top the FactSet consensus of $124.26 billion and extend its streak of top-line ...
KLA 2Q Revenue Outpaces Guidance After AI Investment Boost
KLA's profit rose in its second quarter and revenue hit the upper end of what the company had previously expected. Shares increased about 4% to $771.10 after markets closed. The stock is up 24% over ...
Apple iPhone Sales Shrink Slightly as Investors Await AI Payoff
The company has heavily advertised AI features since the latest iPhones were released in September.
'Wicked' fuels strong Comcast revenue, cushions broadband subscriber losses
Comcast surpassed fourth-quarter revenue estimates on Thursday as blockbuster holiday releases, including "Wicked", more than ...
UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Comcast's broadband woes may fuel the stock's worst day in 16 years. What's next?
The company lost 139,000 subscribers in its residential broadband business during the fourth quarter, when factoring in some negative impact associated with hurricanes Milton and Helene. Analysts ...
Caterpillar Has Potential For Multiple Expansion Post Earnings, Goldman Sachs Says
Goldman Sachs analyst Jerry Revich, maintaining a Buy rating and $442 price forecast, expressed views on Caterpillar, Inc.'s ...
Money Morning8h
Why Is Celestica (CLS) Stock Up So Much Today?
Celestica (NYSE: CLS) is an electronics manufacturing services (EMS) company. It also specializes in data centers and AI infrastructure. The stock has been one of the most stellar names on the stock ...
Apple Stock Reacts to Earnings
Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales ...
Material sciences company Dow posts Q4 loss, says it's cutting 1,500 jobs, 4% of workforce
Dow Inc.'s fourth-quarter profits came in well below Wall Street expectations and the material sciences company said Thursday that it is slashing 1,500 jobs globally in an effort to cut costs as sales ...