Business

CrowdStrike reported first-quarter earnings results for its fiscal 2024 year Wednesday, beating consensus estimates on the top and bottom lines but sending shares down more than 11% after hours on slowing revenue growth.Here's how the…

Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.Dimitrios Kambouris | Getty ImagesSalesforce reported an earnings and revenue beat and lifted its full-year guidance, but the stock…

Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty ImagesNordstrom's fiscal first-quarter sales topped Wall Street's expectations on Wednesday, even as the retailer reported a spending…

Customer vehicles sit parked outside an Advance Auto Parts automotive supply store in La Grange, Kentucky.Luke Sharrett | Bloomberg | Getty ImagesShares of Advance Auto Parts plummeted roughly 30% during early trading Wednesday after the…

A Mastercard debit card from U.K. digital bank Monzo.MonzoMonzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of the U.K.'s most prominent digital banks.In its annual report for the year…

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely.The personal consumption…

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesKlarna, the Swedish buy now, pay later fintech company, halved its net loss in the first…

Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty ImagesA U.S. recession may prevent a steep market downturn in the second half of 2023, according…

The Gap logo is displayed at a Gap store on April 25, 2023 in Los Angeles, California.Mario Tama | Getty ImagesGap reported another quarter of net losses and declining sales across its four brands but the retailer insisted it's making…

A Nvidia logo is seen on the company's building at an industry park on February 7, 2019 in Tianjin, China.VCG | Visual China Group | Getty ImagesA blockbuster profit report Wednesday from Nvidia crystallized an important point for both…

Televisions are seen for sale at a Best Buy store in New York City.Andrew Kelly | ReutersBest Buy on Thursday topped Wall Street's quarterly earnings expectations, but its sales missed estimates and it reiterated expectations for weaker…

The New York Stock Exchange welcomes Snowflake (NYSE:SNOW), on Tues. Dec 21st, 2021, to usher in the first day of winter.NYSEShares of cloud data platform provider Snowflake slid more than 12% in extended trading on Wednesday after the…

A view of an American Eagle Outfitters store in Arlington, Virginia.Erin Scott | ReutersShares of American Eagle Outfitters dropped Wednesday in after-hours trading, as the company lowered its full-year outlook.The company cut its forecast,…

Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei.Tyrone Siu | ReutersNvidia reported first-quarter earnings for its fiscal 2024 on Wednesday, with a stronger-than-expected…

A XPeng Inc. G6 electric sport utility vehicle (SUV). The company is hoping the release of the new car will boost sales which plunged in the first quarter.Qilai Shen | Bloomberg | Getty ImagesShares of Chinese electric vehicle firm Xpeng…

People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround.Shares…

Pedestrians pass in front of an Abercrombie & Fitch Co. store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesShares of Abercrombie & Fitch soared 18% in premarket trading Wednesday after the mall retailer beat…

Exterior view of an Urban Outfitters store is seen in Pasadena, California, May 22, 2021.RBL/Bauer-Griffin | GC Images | Getty ImagesShares of Urban Outfitters popped about 8% Tuesday after the company reported fiscal first-quarter earnings…

Former Federal Reserve Board Chair Ben Bernanke speaks during a discussion on "Perspectives on Monetary Policy" during the Thomas Laubach Research Conference at the Federal Reserve Board building in Washington, DC, May 19, 2023.Saul Loeb |…

A Lowe's Home Improvement Warehouse worker collects carts in a parking lot on August 17, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty ImagesLowe's cut its full-year outlook Tuesday, as lumber prices fell and…

BONN, Germany - Jan. 30, 2023: A Ryanair plane parks at Bonn airport in Cologne, Germany. Ryanair reported a bumper full-year profit for 2022/23 on the back of resurgent traffic and favorable oil hedges.Ting Yang | Nurphoto | Getty…

A sign hangs above the entrance of a Foot Locker store on August 02, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesFoot Locker's stock opened 24% lower Friday after it reported dismal fiscal first-quarter results and reduced its…

Bath & and Body Works entrance.Jeff Greenberg | Getty ImagesBath and Body Works' stock jumped more than 10% in premarket trading Thursday after it beat fiscal first quarter earnings expectations and raised its guidance. While sales and…

Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning.Bloomberg | Bloomberg | Getty ImagesAlibaba announced plans to spin off its…

A Walmart in Atlanta, Georgia, on Sunday, Feb. 19, 2023.Dustin Chambers | Bloomberg | Getty ImagesWalmart will report fiscal first-quarter earnings before the bell on Thursday, after Home Depot and Target said shoppers have pulled back on…

A sign displays the price in pound sterling of food goods, including cucumbers, at a a fruit and vegetable market in stall east London on March 31, 2023.Susannah Ireland | Afp | Getty ImagesLONDON — After more than a year of warnings, Bank…

Target on Wednesday topped Wall Street's earnings expectations, even as the discounter's sales barely grew year-over-year and its shoppers bought more necessities.The big-box retailer stuck with its outlook for the fiscal year. It expects…

Chinese tech giant Tencent released quarterly results Wednesday.Nurphoto | Nurphoto | Getty ImagesTencent reported an 11% jump in quarterly revenue Wednesday, marking its fastest growth in more than a year, as the company saw a big rebound…

A shopper browses shirts at a clothing store in Atlanta, Georgia, US, on Tuesday, Feb. 14, 2023.Dustin Chambers | Bloomberg | Getty ImagesConsumers barely kept up with inflation in April, as retail sales increased but fell short of…

Vodafone announced plans to cut 11,000 jobs as part of a turnaround plan from the company's newly-appointed CEO Margherita Della Valle.Paul Hanna | Bloomberg | Getty ImagesVodafone shares fell more than 7% on Tuesday, after the British…