Shopify Inc. shares surged after its third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from artificial intelligence.
Shopify Inc. shares surged after its third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from artificial intelligence.
Booking Holdings Inc. maintained its full-year outlook for gross bookings and revenue due to resilient travel demand even as the Middle East conflict weighs on flight prices and capacity.
Booking Holdings Inc. maintained its full-year outlook for gross bookings and revenue due to resilient travel demand even as the Middle East conflict weighs on flight prices and capacity.
Brunswick Corp. expects revenue to climb to as much as $8 billion by 2030 and earnings to more than double, betting that market share gains and cost cuts will drive the bulk of growth.
Brunswick Corp. expects revenue to climb to as much as $8 billion by 2030 and earnings to more than double, betting that market share gains and cost cuts will drive the bulk of growth.
Automated manufacturing company Proto Labs Inc. raised its full-year outlook after earnings reached a seven-year high, helped by renewed strength in its injection molding business and new data center and defense customers.
Automated manufacturing company Proto Labs Inc. raised its full-year outlook after earnings reached a seven-year high, helped by renewed strength in its injection molding business and new data center and defense customers.
PPG Industries Inc. and Sherwin-Williams Co. both highlighted data centers as an increasingly important revenue driver when presenting their latest set of results.
PPG Industries Inc. and Sherwin-Williams Co. both highlighted data centers as an increasingly important revenue driver when presenting their latest set of results.
Royal Caribbean Cruises Ltd. said demand for European itineraries is holding up well, brushing off concerns that ongoing conflict in the Middle East is harming its high-yielding Mediterranean sailings.
Royal Caribbean Cruises Ltd. said demand for European itineraries is holding up well, brushing off concerns that ongoing conflict in the Middle East is harming its high-yielding Mediterranean sailings.
Microsoft Corp., Meta Platforms Inc. and Amazon.com Inc. face renewed investor anxiety over their debt-fueled capital expenditure plans after Alphabet Inc. raised the upper end of its spending forecast this year by as much as $15 billion.
Microsoft Corp., Meta Platforms Inc. and Amazon.com Inc. face renewed investor anxiety over their debt-fueled capital expenditure plans after Alphabet Inc. raised the upper end of its spending forecast this year by as much as $15 billion.
Dow Inc. said that persistent tensions in the Middle East could help raise prices for plastics and packaging without lifting its material costs, padding profits and offering upside to the group’s third-quarter guidance.
Dow Inc. said that persistent tensions in the Middle East could help raise prices for plastics and packaging without lifting its material costs, padding profits and offering upside to the group’s third-quarter guidance.
Palo Alto Networks Inc. released a forecast for adjusted earnings that was stronger than anticipated, signaling ongoing demand for security services as artificial intelligence-related threats continue to raise concerns for companies and governments.
Palo Alto Networks Inc. released a forecast for adjusted earnings that was stronger than anticipated, signaling ongoing demand for security services as artificial intelligence-related threats continue to raise concerns for companies and governments.
Palo Alto Networks headquarters in Santa Clara, California.
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.