News

Shares climb as quarterly results beat forecastsOkta (NASDAQ:OKTA) moved sharply higher in pre-market trading on Friday, gaining more than 7% and building on a 4. 7% rise in after-hours dealings after the identity and access management specialist delivered stronger-than-expected fiscal first-quarter 2027 results.

Marvell’s strong outlook and accelerating growth in data center networking, custom silicon, and interconnect solutions continue to support the bull case.

Dell Technologies Inc (NASDAQ:DELL) shares surged by 32% at Friday’s opening bell after the company reported first quarter results that significantly exceeded Wall Street expectations across revenue and earnings, alongside sharply higher guidance driven by accelerating AI demand. For the...

Dell Technologies (DELL) stock is on the move in Friday's pre-market trading as its share price soars by as much as nearly 40% — bringing the share price into the $400 range — after reporting a booming $60 billion in AI server sales for the company's first quarter. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland dive into Dell's earnings results and how its AI demand-driven growth compares to that seen in the software sector.

Dell's AI Backlog Hits Record High as Stock Ignites After Earnings

In Q1, the retailer posted enterprise revenue of $8.94bn compared to $8.76bn a year earlier.

Burlington Stores beats Q1 earnings and revenue estimates, posts its 14th straight quarter of double-digit earnings growth, and raises its FY26 guidance.

Moby summary of Viasat, Inc.'s Q4 2026 earnings call

Moby summary of Best Buy Co., Inc.'s Q1 2027 earnings call

Moby summary of Autodesk, Inc.'s Q1 2027 earnings call

Revenue beat estimates as MongoDB flipped to GAAP profitability and raised its full-year outlook

Super Micro Computer stock and other AI server companies were rising after Dell's blowout earnings.

Investing.com -- SentinelOne drew mixed reactions from Wall Street after its fiscal first-quarter results, with Raymond James cutting the cybersecurity company to Market Perform while Bank of America upgraded it to Buy.

The identity security company reported $765 million in revenue and $0.91 in adjusted earnings per share, both topping analyst estimates

Snowflake lifts outlook as Snowflake Intelligence and Cortex Code adoption jumps, fueling its agent enterprise push beyond warehousing.

Snowflake jumped 36% after strong earnings, upbeat AI-driven guidance and a $6 billion AWS partnership boosted growth optimism.

The warehouse club's total revenue rose 12% to $70.53 billion, topping expectations, as fuel demand drew new members to its gas stations

The company booked $24.4 billion in AI orders and raised its full-year AI server revenue forecast to $60 billion, up from $50 billion

June S&P 500 E-Mini futures (ESM26) are trending up +0.18% this morning as investors became more confident that the U.S. and Iran are nearing a deal.

DELL says demand isn't the limit, supply is, after record Q1 results, higher FY27 guidance and a record $51.3B backlog.

Costco's Q3 earnings call spotlights strategic price cuts, record fuel volumes and surging digital demand as it doubles down on member value.

Viasat Inc (VSAT) reports a 15% increase in backlog and strategic progress in satellite deployment, despite facing revenue declines in key segments.

Ambarella Inc (AMBA) reports strong automotive growth and a significant $800 million agreement with Hanhwa, despite challenges in consumer IoT and cash flow management.

Dell Technologies Inc (DELL) reports an impressive 88% revenue increase and strong AI server demand, while navigating supply chain constraints.

American Eagle Outfitters Inc (AEO) reports a 10% revenue increase, driven by Aerie's 34% growth, while navigating challenges in women's bottoms and macroeconomic uncertainties.

Park Aerospace Corp (PKE) showcases robust financial health and strategic alliances, despite facing supply chain issues and competitive pressures.

Costco Wholesale Corp (COST) reports a 15% increase in net income and significant digital sales growth amid challenges in gross margin and transportation costs.

Autodesk Inc (ADSK) reports robust Q1 results with significant revenue growth and strategic acquisition of MaintainX to enhance operational capabilities.

Okta Inc (OKTA) showcases robust growth and strategic positioning in AI and identity security, despite early-stage market penetration challenges.

MongoDB Inc (MDB) reports a robust 25% revenue increase and significant customer acquisition, while navigating AI opportunities and competitive challenges.