Snowflake surges 36% for best day ever on AI frenzy, fueling software rally
Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped
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Earnings
Kohl’s stock spikes 20% as slumping retailer says sales trends are improving
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s stock jumped
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Best Buy stock climbs 15% on earnings beat as retailer aims to reinvigorate sales
Best Buy on Thursday reported fiscal first-quarter results that beat expectations on the top and bottom lines as the electronics
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Salesforce’s beat fails to convince the market that software can survive AI
Salesforce on Wednesday evening delivered better-than-expected quarterly results, but it wasn’t enough to convince the market that AI will help
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Salesforce beats on earnings and revenue but full-year guidance comes in light
Salesforce reported stronger-than-expected quarterly results on Wednesday, but the cloud software vendor issued full-year guidance that was slightly below Wall
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Zscaler tanks 31% for worst day ever on ‘prudent’ guidance, sales shakeup
Zscaler’s stock plummeted more than 30% on Wednesday for its worst day ever after issuing underwhelming guidance that overshadowed better-than-expected
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Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales
Abercrombie & Fitch posted mixed fiscal first-quarter results on Wednesday and weaker-than-expected guidance after the conflict in the Middle East
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Workday jumps 5% as it bumps up margin forecast on AI strength
Aneel Bhusri, co-founder and executive chair of Workday, speaks at during the 5th Annual Workday Charity Classic in partnership with
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Lenovo shares jump nearly 20% on record earnings as AI revenue nearly doubles
Chinese multinational technology company, Lenovo logo seen in Shenzhen. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) Alex Tai |
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Here we go again with Nvidia falling on earnings. What the sellers are missing
At this point, it’s undeniable that the issue with Nvidia stock is sentiment, or rather disbelief. Yep, that’s it. Disbelief.
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