Snowflake shares fell as much as 16% in extended trading Wednesday after the data analysis software maker disappointed analysts by saying it did not expect a positive adjusted operating margin for the current quarter. Here’s how the company did: gains: Loss of 53 cents per share Revenues: $422.4 million versus $412.8 million, analysts had expected, …
Snowflake earnings for the first quarter of 2023 Read More »
Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) — Shares of the sporting goods retailer fell 14.4% in premarket after it released a weaker-than-expected full-year outlook as it adjusts to what it calls challenging macroeconomic conditions. Dick’s posted better-than-expected earnings and revenue for the fourth quarter, and comparable store sales …
Dick’s Sporting Goods is located in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported first-quarter results that beat Wall Street expectations, as shoppers spent money on golf clubs, soccer equipment and sportswear from brands like Nike and Adidas. But Dick is not …
A person carries a bag from an Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017. Andrew Kelly | Reuters Shares of Abercrombie & Fitch fell more than 32% in pre-market trading on Tuesday after the retailer reported an unexpected loss in its fiscal first quarter, as shipping and product …
Abercrombie & Fitch (ANF) reported a loss for the first quarter of 2022 Read More »
Take a look at some of Primarkt’s biggest drivers: Electronic Arts (EA) – Shares of the video game maker rose 2.5% in the primary market after Puck News reported that the company was actively looking for a partner or buyer. EA has reportedly been in talks with Walt Disney (DIS), Apple (AAPL) and Amazon (AMZN), …
Nvidia Corp.’s data center sales are expected to outpace game sales in its fiscal first quarter results, as demand from server farms remains high and interest in games wanes from frenetic levels earlier in the COVID-19 pandemic. Nvidia NVDA, -2.51% Financial results are due after the closing bell on Wednesday. Analysts polled by FactSet expect …
Nvidia’s data center sales will likely outpace games – that may not be a good thing Read More »
Target on Wednesday reported quarterly earnings that were well below Wall Street expectations, as the retailer grappled with exorbitant shipping costs, lower mass writedowns and lower-than-expected sales of discretionary items from TVs to bikes. Shares fell about 22% in pre-market trading. Here’s what Target said for the first quarter of the fiscal year ending April …
Target earnings (TGT) for the first quarter of 2022 Read More »
Take a look at some of Primarkt’s biggest drivers: Walmart (WMT) — Walmart fell 7% in premarket trading after it missed forecasts for first-quarter net profit. The retail giant earned $1.30 per share, 18 cents a share below estimates as inflationary pressures offset the positive impact of better-than-expected sales. Home Depot (HD) — Home Depot …
Michael O’Leary, CEO of Ryanair Holdings Inc. , stormed Boeing during Monday’s earnings call, criticizing the aircraft maker’s “very poor management” and calling for a change at the top. “Right now, we believe Boeing management is roaming like a headless chicken, unable to sell planes, and then even the planes they deliver, they can’t deliver …
‘Boeing management spins like a headless chicken,’ says Ryanair CEO. Read More »
Ernie Garcia, CEO, Carvana Scott Millian | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that the “march continues” on the company’s mission to become the world’s largest and most profitable used car retailer. And its stock price has gone this year, too, just in the wrong direction for investors. Within six months, …
How Carvana went from being a top pick on Wall Street to trading meme stock Read More »
