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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.
Okta stock rallies on a solid Q2 and raised future guidance. The release triggered a wave of bullish analyst research notes on Thursday.
The discount retailer posted a 33% jump in earnings per share and lifted its annual EPS outlook to $7.80–$8.00
The chip design software company reported $2.48 billion in quarterly revenue and lifted its full-year revenue target to $9.715 billion at the midpoint
By Raphael Satter WASHINGTON, Aug 27 (Reuters) - Major tech companies including OpenAI, Anthropic, Microsoft, Alphabet, and Amazon are calling for a society-wide defensive surge to defeat what they
Nvidia stock was surging following an earnings report that is making Wall Street rethink its assumptions about the chip maker's growth.
Software and semiconductor stocks are high-flying in morning trading on the backs of stellar Salesforce, Crowdstrike and Nvidia earnings Wednesday. Salesforce is up more than 20%. The software giant said it was deepening its partnership with Anthropic, boosting investor confidence in its ability to integrate AI into its software.
NVIDIA's blowout earnings sent shockwaves through a corner of the market that had nothing to do with chips, lifting two power-hungry capacity operators on a read-across trade that reveals exactly how leveraged the AI buildout has become.
Synopsys beats Q3 estimates as EDA and Ansys fuel strong growth, while higher margins and an upgraded fiscal 2026 outlook add momentum.
Laffer Tengler Investments CEO & CIO Nancy Tengler joins Yahoo Finance Executive Editor Brian Sozzi to break down what Nvidia’s (NVDA) latest earnings say about the chipmaker’s outlook and why she remains bullish on the stock. “I don’t know what to find wrong with the report,” Tengler says.
Best Buy (NYSE:BBY) reported second-quarter fiscal 2027 results that exceeded its prior expectations, supported by growth in computing, home theater, mobile phones and newer product categories. The company raised its full-year outlook while outlining continued investments in retail media, its third-
Best Buy Co Inc (NYSE:BBY) raised its annual sales and profit forecast on Thursday after posting second-quarter results that topped Wall Street expectations, even as shares fell 5%. The consumer electronics retailer reported revenue of $9.8 billion for the quarter, above analyst estimates of...
The chipmaking giant beat expectations as Wall Street looks to the Fed’s meeting in Jackson Hole.
Salesforce's blowout quarter sent shockwaves through software stocks that never reported a single number this week, and the names catching the biggest bids are some of the most beaten-down agentic-AI plays in the market.
Investing.com -- Synopsys is positioned for a stronger fiscal 2027 as demand for electronic design automation and chip-design intellectual property improves, Baird said, upgrading the semiconductor software provider to Outperform and raising its price target to $560.
Investing.com -- Okta's improving growth profile and growing traction for newer identity products have prompted BofA Securities to turn more constructive on the cybersecurity company, while warning that much of its recovery may already be reflected in the stock.
The S&P 500 Index ($SPX ) (SPY ) is up by +0.39% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.84%. E-mini S&P futures (ESU26 ) are up +0.30%, and September E-mini...
Salesforce stock is rallying after the enterprise software maker’s second-quarter results topped expectations.
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