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Abercrombie & Fitch raises full-year outlook as Q2 earnings top estimates
Proactive9d agoneutral
Abercrombie & Fitch raises full-year outlook as Q2 earnings top estimates

Abercrombie & Fitch (NYSE:ANF) shares rose about 13% on Wednesday after the apparel retailer reported second quarter fiscal 2026 results that exceeded Wall Street expectations and raised its full-year outlook. The company reported adjusted earnings per diluted share of $4.17, compared...

UBS lifts S&P 500 target to 8,100 as earnings upgrades broaden beyond AI
Proactive9d agobullish
UBS lifts S&P 500 target to 8,100 as earnings upgrades broaden beyond AI

UBS has raised its equity index targets across every major region after a stronger-than-expected results season, and now expects earnings at S&P 500 companies to grow 25% this year. That is up from a previous forecast of around 20%. The Swiss bank's chief investment office, which advises...

WD-40 (WDFC): Buy, Sell, or Hold Post Q2 Earnings?
StockStory9d agoneutral
WD-40 (WDFC): Buy, Sell, or Hold Post Q2 Earnings?

Over the past six months, WD-40’s stock price fell to $213.93. Shareholders have lost 11.7% of their capital, which is disappointing considering the S&P 500 has climbed by 10.8%. This may have investors wondering how to approach the situation.

Salesforce Stock Has Been Fighting Back. Q2 Earnings Will Test Its AI Strategy.
Barrons.com9d agobullish
Salesforce Stock Has Been Fighting Back. Q2 Earnings Will Test Its AI Strategy.

Salesforce will report second-quarter earnings on Wednesday afternoon amid the most uncertainty it has faced since its earliest days. Wall Street analysts are projecting $3.27 in adjusted earnings per share, rising from $2.91 a year ago. Beginning last year, investors began selling off enterprise software stocks on the idea that much of what they do will be replaced by AI agents that can write software code and execute complex series of tasks from simple conversational commands.

Intuit shares plunge as cautious fiscal 2027 guidance falls short of forecasts
InvestorsHub9d agobearish
Intuit shares plunge as cautious fiscal 2027 guidance falls short of forecasts

Intuit (NASDAQ:INTU) shares dropped sharply in premarket trading on Wednesday after the financial software company issued fiscal 2027 guidance below Wall Street expectations as it adjusts its strategy to “accelerate customer growth, increase market share, and strengthen the long-term durability” of its growth model. The stock was down 11.

The $1.5 Trillion Question Nvidia’s Earnings Can’t Answer
The Wall Street Journal9d agoneutral
The $1.5 Trillion Question Nvidia’s Earnings Can’t Answer

​📈 Follow our live markets data and coverage. When tech companies started amping up spending on AI about three years ago, David Cahn, a venture capitalist at Sequoia Capital, asked a simple question: What was the gap between AI investment and the revenue generated from AI? It certainly won’t weigh on investors this afternoon, when Nvidia —the main chip supplier to the AI boom—reports quarterly results.

Nvidia Stock Gains Ahead of Earnings Report
Barrons.com9d agoneutral
Nvidia Stock Gains Ahead of Earnings Report

Nvidia stock was edging up early Wednesday ahead of the chip maker's quarterly earnings report after the market close. Nvidia shares were up 0.3% at $213.58 in premarket trading. The stock rose 2.2% on Tuesday, snapping a seven-day losing streak.

Chip Stocks Mixed Ahead of Nvidia Earnings
Barrons.com9d agoneutral
Chip Stocks Mixed Ahead of Nvidia Earnings

Shares of semiconductor companies were mixed as investors await Nvidia's second-quarter results after the U.S. market close to gauge appetite for artificial-intelligence chips. Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International were down 0.