Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Chuck Robbins, chief executive officer of Cisco, participates in a Bloomberg interview at the World Economic Forum in Davos, Switzerland,
Read More
Earnings
Palo Alto nears a key test that could break it out of Wall Street’s penalty box
Palo Alto Networks is clawing its way back after a brutal earnings sell-off in February, and Wall Street analysts say
Read More
Commerzbank reports better-than-expected 29% rise in Q1 net profit
The logo of German bank Commerzbank seen on a branch office near The Commerzbank Tower in Frankfurt. Daniel Roland |
Read More
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the
Read More
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot on Tuesday posted quarterly revenue below Wall Street’s expectations, as shoppers postponed bigger discretionary projects like bath and
Read More
TSMC posts flat fourth-quarter revenue but beats expectations
Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih | Getty Images News | Getty Images Taiwan chipmaker
Read More
Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half
Shares of Walgreens closed 5% lower on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped
Read More
Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered
Read More
British fintech Revolut hits record revenue, profit tumbles
Revolut’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images British fintech Revolut’s revenue rose 45%
Read More
FedEx shares tumble 12% after weaker demand hit revenue outlook
A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023. Vcg | Visual China Group
Read More