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By Lewis Krauskopf NEW YORK, Aug 28 (Reuters) - A fresh look at the U.S. labor market in the coming week along with quarterly results from semiconductor company Broadcom will test a market rally that
Net earnings increased 69.4% to $315m from $186m. Diluted EPS rose 70.1% to $1.48.
Shares were mostly higher Friday in Asia after Nvidia and other technology stocks led an advance on Wall Street. U.S. futures were little changed and oil prices slipped. In Tokyo, the Nikkei 225 climbed 0.8% to 66,682.88, while Hong Kong's Hang Seng added 0.3% to 25,648.40.
The company’s stock soared more than 20% Thursday after it beat expectations in its fiscal second-quarter earnings.
Despite tariff chaos, soaring electronics prices, and deflating consumer sentiment, Best Buy just delivered a strong beat.
HANOI, August 28 (Reuters) - Vietnamese leaders have urged U.S. chip designer Qualcomm and South Korea's Samsung Electronics to expand their investment in artificial intelligence, semiconductors and
Cramer remains bullish on the social media company, saying it’s a buying opportunity despite its recent pullback.
Andrew Graham of Jackson Square Capital explains where the biggest opportunities sit across tech, healthcare, and consumer stocks — and the oversold trigger he watches before putting cash to work.
Affirm Holdings posted stronger-than-expected quarterly results as gross merchandise volume (GMV) jumped 36%, while active consumers and transactions per user also grew.
Today, Aug. 27, 2026, the cloud software giant's stock jumped 22.6% after record quarterly results and lifted fiscal 2027 outlook, sparking broad enthusiasm across enterprise software peers.
Affirm stock rose amid fiscal Q4 earnings that topped estimates while fiscal 2027 guidance for a key e-commerce metric came in above views.
On Aug. 27, 2026, the tech giant reported $96.2 billion in quarterly revenue, up 106% year over year, resetting expectations for AI spending power.
Investing.com -- Shares of Workday fell 5% in extended trading on Thursday as investors looked past a modest quarterly revenue beat and focused on a third-quarter subscription revenue forecast that offered little upside surprise.
Moby summary of Best Buy Co., Inc.'s Q2 2027 earnings call
The software maker’s stock surged earlier this month on speculation it was a takeover target, though no such deal has been announced.
The S&P 500 Index ($SPX ) (SPY ) closed up by +0.72% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +1.43%. E-mini S&P futures (ESU26 ) rose +0.68%, and September E-mini...
Nvidia Corp. added $442 billion to its market value on Thursday in the second-largest one-day gain by any stock in history.
The apparel company is shaking up leadership at Old Navy, bringing in Michael Francis, a retail veteran with experience at Walmart and Target, as chief executive of the brand to try to boost sales.
Eric Criscuolo, Market Strategist at the NYSE, recaps a week driven by three highly anticipated catalysts — PCE, Nvidia earnings, and Jackson Hole — following a quiet, range-bound start as markets awaited the key events. A breakthrough in Iran-Strait of Hormuz negotiations pulled oil sharply lower mid-week, lifting tech and setting a constructive tone heading into earnings. Nvidia delivered another blowout quarter with 75% revenue growth guidance for fiscal 2028, while Salesforce surged over 20% and helped the broader software group shake off AI disruption fears. Looking ahead, Fed Chair Warsh's Jackson Hole speech and next week's jobs report, ISM data, and earnings from Broadcom, Dell, and Snowflake will set the tone as summer unofficially comes to a close.
Nvidia's Strong AI Demand Sends Intel, AMD and Broadcom Stocks Higher
CrowdStrike Stock Soars as AI Demand Drives Major Earnings Beat
Nvidia Stock Leads Tech Rally After Results and Guidance Beat Forecasts
A $2.60 increase in the earnings midpoint looks spectacular, but investment gains and buybacks supplied part of the lift.
Best Buy Co Inc (BBY) beats Q2 expectations with 4.1% comparable sales growth, raises full-year outlook amid innovation-driven demand.
A new financial update sent investors scrambling back into one of this year’s hottest crypto-linked stocks.
Klarna stock saw a big post-earnings sell-off despite posting sales and earnings beats. Was it deserved?
Several closely watched corporations far surpassed their earnings forecasts this summer, and some have billions of dollars in Trump tariff refunds to thank for padding their results. Where's your refund? Studies show consumers indirectly ate much of the cost through rising prices, but these refunds instead flow to the companies that directly paid the Trump administration's import taxes, regardless of...
AMD's equity investment and joint development deal with Nutanix, alongside rising analyst price targets and strong institutional buying, underpin the case for NTNX stock's continued rally.
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