Nvidia Poised for Record Sales as As AI Demand Kicks In
The graphics-chip giant forecast a strong revenue bounce back for the current quarter, driven by growing appetite for generative AI technology.
Snowflake slashes forecast, stock slumps after earnings
Shares of Snowflake were sinking 12% in after-hours trading Wednesday after the data-software company cut its outlook for the full year.
Splunk Earnings Top Estimates, as Cost Cuts Boost Margins
The cyber security and data analytics software company posted better-than-expected results and lifted its full-year guidance.
How Airlines Are Trying to Prevent Another Summer Travel Nightmare
Daily airport volumes have been hitting their highest levels as Memorial Day weekend approaches.
Petco Stock Sinks on Earnings Disappointment
The company reports a loss in its latest quarter, citing ‘a more cautious consumer.’
Sephora in Kohl’s: Glow Up or Coverup?
Sephora stores, while promising, haven’t translated into growth in Kohl’s stores just yet.
Citigroup Ends Sale Talks for Banamex, Pivots to IPO
The New York bank will spin off its Mexican consumer unit after a yearlong process failed to find a deal.
Jana Prepares for Proxy Fight at Freshpet
Activist investor plans to nominate four directors for the pet-food company’s board.
Abercrombie Stock Surges. Its Reinvention Is Working.
The clothing retailer posted adjusted earnings of 39 cents a share for its first quarter, beating the 1-cent loss Wall Street had forecast.
Baby-Formula Makers Face FTC Probe for Collusion
The agency is investigating whether any formula manufacturers coordinated before bidding for state contracts.
(END) Dow Jones Newswires