Thursday, 22 December 2022

Semiconductor maker Micron announces 10% staff reduction, suspends bonuses

Micron said it would hit its reduction target through voluntary departures as well as layoffs.

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Wednesday, 21 December 2022

Nike surges after results top expectations and retailer shows inventory progress

Nike reported fiscal second-quarter earnings after the bell Tuesday.

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Friday, 16 December 2022

Olive Garden parent company Darden beats estimates, raises outlook

Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, raised its outlook for the year.

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Thursday, 15 December 2022

Adobe stock climbs on a more profitable quarter than predicted

The design software company saw revenue growth slow sequentially, including in the key Creative category. But it maintained full-year guidance from October.

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Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million

Planet delivered record results for the third quarter and forecast nearly $200 million in annual revenue.

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Monday, 12 December 2022

Oracle beats on top and bottom lines

Oracle reported better-than-expected results in the fiscal second quarter, as cloud infrastructure revenue jumped.

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Friday, 9 December 2022

Lululemon shares fall after company offers weak holiday quarter guidance

Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.

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Thursday, 8 December 2022

Rent the Runway shares surge after fashion rental company reports stronger quarterly sales

The fashion rental company reported stronger revenue that beat expectations as customers opted to borrow designer clothes instead of buying them.

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Wednesday, 7 December 2022

GameStop reports decline in revenue and sharp decrease in cash

GameStop posted a decline in revenue, but its net loss narrowed from a year ago.

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Tuesday, 6 December 2022

MongoDB stock jumps 27% after cloud database company shows surprise adjusted profit

MongoDB provided upbeat commentary on demand even as some companies are being more cautious with spending on Salesforce and other software.

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Thursday, 1 December 2022

Ulta Beauty boosts outlook, as shoppers keep splurging on makeup

Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street's quarterly earnings and sales expectations.

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