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Investing.com13d agobullish
Deckers beats Q1 earnings, raises guidance—but shares dip 3.4%

Investing.com -- Deckers Brands (NYSE: DECK) topped $1 billion in first-quarter revenue for the first time in company history, beating Earnings Per Share (EPS) estimates and nudging its full-year profit guidance higher. Despite the record milestone, shares dipped 3.4% following the report as full-year revenue projections slightly trailed Wall Street expectations.

Intel's Q2 earnings blow past Wall Street's estimates, with an upbeat Q3 outlook to boot
Yahoo Finance Video13d agobullishVIDEO
Intel's Q2 earnings blow past Wall Street's estimates, with an upbeat Q3 outlook to boot

Intel (INTC) reported impressive second quarter results on Thursday after the closing bell. Earnings per share (EPS) came in at $0.42 (compared to analyst estimates of $0.21), and revenue came in at $16.1 billion (compared to analyst estimates of $14.43 billion). Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers.

Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
Reuters13d agobullish
Intel sales, profit forecast beat estimates, boosts spending plans on AI boom

Intel forecast quarterly profit and revenue above estimates on Thursday, boosting its spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). Shares of Intel, which ‌closed down 2.3% on Thursday, rose 5% in after-hours trading. Adjusted profit is expected to be 38 cents per share, compared with analyst estimates of 27 cents.

Super Micro’s 20% surge reveals what AI investors want
TheStreet13d agobullish
Super Micro’s 20% surge reveals what AI investors want

Super Micro Computer (SMCI) just offered investors a reason to overlook its stalling revenue growth. Shares of the artificial-intelligence server maker jumped more than 20% after it gave a preliminary update on its fiscal fourth quarter. The sharp uptick came after surprise upward revisions to ...

Steelmaker Cleveland-Cliffs Surges As Chief Executive Touts Tariffs
The Wall Street Journal14d agobullish
Steelmaker Cleveland-Cliffs Surges As Chief Executive Touts Tariffs

Shares of Cleveland-Cliffs are up about 16% after the steelmaker forecast profits in the back half of the year will be the strongest in five years. Cliffs is the largest producer of steel for the automotive industry. Goncalves said he would consider restarting an idle steel mill in Dearborn, Mich., if automakers commit to relocating more vehicle production to the U.S. from Mexico, Canada or South Korea.

Databricks expands Microsoft Azure partnership, to use more custom chips
Reuters14d agobullish
Databricks expands Microsoft Azure partnership, to use more custom chips

Databricks said on Thursday it would expand its partnership with Microsoft through the ‌2030s, a deal under which it will increase ‌its use of the Azure platform and Microsoft's custom chips. Databricks offers a ​platform that helps users ingest, analyze and build AI applications using complex data from various sources. One of the most valuable private companies, the San Francisco-based firm's move marks a ‌sizeable win for ⁠Microsoft's Azure cloud business and comes as enterprise AI adoption accelerates.

T-Mobile reports quarterly earnings beat, raises free cash flow outlook
Proactive14d agobullish
T-Mobile reports quarterly earnings beat, raises free cash flow outlook

T-Mobile US Inc (NASDAQ:TMUS, XETRA:TM5) shares fell about 5% in early trade on Thursday after the wireless carrier reported second quarter results that topped Wall Street expectations on earnings but narrowly missed revenue estimates. The company reported adjusted earnings per share of $2.99...

Railroad Stocks Rally as More Cargo Moves From Trucks to Trains
The Wall Street Journal14d agobullish
Railroad Stocks Rally as More Cargo Moves From Trucks to Trains

Shares of freight railroads Union Pacific, CSX and Norfolk Southern jumped after they reported higher revenue, as more shippers moved their cargo from truck to rail. “I’m very bullish from where we sit on demand,” said Union Pacific Executive Vice President Kenny Rogers in an earnings call. Union Pacific reported a 12% increase in second-quarter operating revenue compared to the same period a year ago, CSX reported a 10% increase and Norfolk Southern, an 11% increase.