Apple iPhone Sales Shrink Slightly as Investors Await AI Payoff
Apple’s iPhone sales fell in the all-important December quarter, a sign that its artificial-intelligence software has yet to ...
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 ...
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 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 ...
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 ...
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 ...
Sherwin-Williams sales fall short of estimates in choppy market, but stock perks up
Paint giant offers soft guidance for the first quarter and for all of 2025 Sherwin-Williams Co.'s stock shed early losses to trade up 1.8% Thursday, after the paint company's fourth-quarter sales fell ...
Apple Earnings: What to Watch
The iPhone maker reports quarterly results after the closing bell today. Here’s what investors will be looking out for. Apple is expected to earn $2.35 a share for its fiscal first-quarter, which ...
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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 ...
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods ...
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 ...
'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 ...