The S&P 500 Index is on track for its strongest earnings growth in five years as momentum spreads beyond artificial intelligence-fueled gains to much of corporate America.
The S&P 500 Index is on track for its strongest earnings growth in five years as momentum spreads beyond artificial intelligence-fueled gains to much of corporate America.
Cloudflare Inc. plans to cut more than 1,100 jobs globally as it accelerates its shift to an agentic AI-first operating model.
The Cloudflare headquarters in San Francisco, California, US, on Monday, April 29, 2024. Cloudflare Inc. is expected to release earnings figures on May 2. Photographer David Paul Morris/Bloomberg
Fortinet Inc. shares rose as much as 24% in post-market trading after the cybersecurity company raised its full-year revenue outlook above expectations, following its largest billings expansion in over three years.
Fortinet Inc. shares rose as much as 24% in post-market trading after the cybersecurity company raised its full-year revenue outlook above expectations, following its largest billings expansion in over three years.
Shopify Inc. shares slumped as the company’s outlook suggests its revenue growth pace may be slowing, while higher costs may dampen second-quarter profitability.
Shopify Inc. shares slumped as the company’s outlook suggests its revenue growth pace may be slowing, while higher costs may dampen second-quarter profitability.
Royal Caribbean Cruises Ltd. shares rose as the company’s outlook for the year suggests it will be able to weather headwinds such as higher fuel costs and disruptions on its Middle Eastern itineraries.
Royal Caribbean Cruises Ltd. shares rose as the company’s outlook for the year suggests it will be able to weather headwinds such as higher fuel costs and disruptions on its Middle Eastern itineraries.
The Royal Caribbean Wonder of the Seas cruise ship docked in Nassau, Bahamas, on Monday, April 29, 2024. Cruise lines have spent at least $1.5 billion since 2019 to expand or improve private stops in the Caribbean, according to Bloomberg calculations.
Sherwin-Williams Co. warned rising input costs could weigh on results later this year, after currency tailwinds helped it post stronger-than-expected sales growth in the first quarter.
Sherwin-Williams Co. warned rising input costs could weigh on results later this year, after currency tailwinds helped it post stronger-than-expected sales growth in the first quarter.
Dow Inc. shares rose after the company issued a better-than-expected revenue outlook, as supply disruptions caused by the Middle East conflict led to higher prices for its products.
Dow Inc. shares rose after the company issued a better-than-expected revenue outlook, as supply disruptions caused by the Middle East conflict led to higher prices for its products.
Equifax Inc. said the Iran war prompted more caution about the outlook for the rest of the year, even after a surge in mortgage applications drove first-quarter revenue growth to the fastest in more than four years.
Equifax Inc. said the Iran war prompted more caution about the outlook for the rest of the year, even after a surge in mortgage applications drove first-quarter revenue growth to the fastest in more than four years.
US industrial companies delivered the biggest earnings surprise of any sector last quarter, with profits topping estimates as defense demand, commercial aerospace and artificial intelligence-related capital spending powered results.
US industrial companies delivered the biggest earnings surprise of any sector last quarter, with profits topping estimates as defense demand, commercial aerospace and artificial intelligence-related capital spending powered results.
Stagwell Inc. Chief Executive Officer Mark Penn said disruption among competitors and a contentious midterm cycle will support the company’s performance this year.
Stagwell Inc. Chief Executive Officer Mark Penn said disruption among competitors and a contentious midterm cycle will support the company’s performance this year.
Activist investor Elliott Investment Management has built a stake of more than 10% in Norwegian Cruise Line Holdings Ltd., citing concerns about management and spending on events including a Katy Perry concert.
Activist investor Elliott Investment Management has built a stake of more than 10% in Norwegian Cruise Line Holdings Ltd., citing concerns about management and spending on events including a Katy Perry concert.
CarMax Inc. named Keith Barr as chief executive officer, bringing in the former InterContinental Hotels Group Plc chief to modernize the company and revive performance.
CarMax Inc. named Keith Barr as chief executive officer, bringing in the former InterContinental Hotels Group Plc chief to modernize the company and revive performance.
A BMW M8 vehicle at a CarMax dealership in Pleasant Hill, California, US, on Wednesday, Dec. 18, 2024. CarMax is scheduled to release earnings figures on December 19.
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