Coverage
21 stories on the Earnings beat — every filing on this desk, newest first.
No federal agency has ever told Americans which virtual private networks, tools that encrypt internet traffic and route it through a remote server, are actually safe enough to trust. A prominent US senator is now asking the National…
Going public means selling shares to outside investors on a stock exchange for the first time. Oura, a ring maker, has filed to start that process, saying its business has seen significant revenue growth over the past year.
A profitability milestone landed at a major Canadian bank before management expected it. Return on equity, the ratio measuring how much profit a bank generates for every dollar shareholders have committed, reached 14.2% at the Bank of Nova…
An outlook miss, in market terms, is what happens when a company's own forecast for a future period falls short of what investors expected. Marvell Technology had one on Friday, and it was enough to
Businesses are spending more on cybersecurity, the tools and practices that protect digital systems from attack, as artificial intelligence spreads, and that demand is showing up in company results. Okta's stock skyrocketed 27% and…
The short version: Salesforce shares are up 20% today, heading for the second-best session in the company's history. Two things drove it: a second-quarter earnings beat, which means reported results came in above what analysts had…
Raising a full fiscal year outlook means a company now expects to do better over its entire year than it told investors it would at the start. Best Buy did that on Thursday. The consumer electronics retail
When a company's quarterly results land below what Wall Street analysts had collectively forecast, the shortfall is called an earnings miss. Dick's Sporting Goods had one on Tuesday: shares fell 15% after the sporting goods chain reported…
Interest on the national debt, which is the annual charge taxpayers cover simply to carry the government's outstanding borrowing, has reached nearly $1.2 trillion this year. That makes it the largest single line item in the federal budget…
A wave of AI spending just produced record results at a major networking company. That wave has a name in the industry: a "supercycle," meaning a period of demand strong enough to sustain e
A stock falling below its IPO price, meaning the fixed rate at which shares are first sold to the public, is the market's way of saying early buyers are now at a loss. That happened Wednesday to Applied Aerospace & Defense after the…
When AI demand doubles the revenue of a cloud supplier in a single quarter, hyperscalers, the handful of giant technology companies that build and operate data centers at an industrial scale, are usually the explanation. CoreWeave, which…
A stock's IPO price, the figure at which a company's shares first sold to outside investors during its public listing, tends to act as a psychological reference point long after the day of the offering. SpaceX crossed back above that line…
Egg freezing, the process of retrieving and storing a woman's unfertilized eggs for potential future use, moved to the center of a political argument Saturday when Representative Alexandria Ocasio-Cortez said she is undergoing the…
An AI spending surge, meaning the rapid increase in capital that companies are committing to artificial intelligence before those investments generate returns, pushed SpaceX down 10% and un
An online home-goods retailer posted its best U.S. revenue growth since 2020, and shares climbed more than 15% on the news. "Pandemic darling" is the shorthand traders use for companies whose sales spiked during 2020 lockdowns and then…
Revenue, the total money a company collects from customers before any costs are subtracted, rose 92% at SpaceX in the second quarter. The result came in the company's first public earnings report, a milestone that matters because it…
Cloud revenue, meaning money corporations pay to rent computing infrastructure and software from a provider rather than own and run it themselves, crossed $100 billion at Microsoft's Azure division for the full fiscal year. Microsoft also…
A replay challenge in Major League Baseball is a manager's one attempt to have a call reviewed on video. The Cincinnati Reds used theirs in the first inning of Tuesday's doubleheader opener against the Cleveland Guardians, successfully…
Luxury spending turned up in Asia and held firm in the United States, a half-year earnings report showed. Half-year results cover a company's financial performance across the opening six months of the fiscal year, a snapshot investors use…
A boxing career ended at ringside in Sydney. Errol Spence Jr. announced his retirement from boxing after Tim Tszyu won by unanimous decision, a result in which all three ringside judges score the fight for the same fighter. Spence made the…