Full-year profit estimates for the S&P 500 are on the rise, underpinned by the artificial intelligence boom and stronger-than-expected first-half earnings.
Full-year profit estimates for the S&P 500 are on the rise, underpinned by the artificial intelligence boom and stronger-than-expected first-half earnings.
Planet Labs PBC is in discussions to provide its satellite-imaging services to help monitor data centers, the company’s chief financial officer said, as it looks beyond the defense sector for expansion.
Planet Labs PBC is in discussions to provide its satellite-imaging services to help monitor data centers, the company’s chief financial officer said, as it looks beyond the defense sector for expansion.
Palo Alto Networks Inc. slid by the most in almost seven months after the cybersecurity company said its shift to more software subscription products had increased cloud computing costs, pressuring gross margins.
Palo Alto Networks Inc. slid by the most in almost seven months after the cybersecurity company said its shift to more software subscription products had increased cloud computing costs, pressuring gross margins.
Cloudflare Inc. gave a forecast for profit this year that topped Wall Street’s estimates, suggesting that demand for networking services continued to accelerate amid rapid adoption of artificial intelligence.
Cloudflare Inc. gave a forecast for profit this year that topped Wall Street’s estimates, suggesting that demand for networking services continued to accelerate amid rapid adoption of 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.
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.