Business

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. The company now expects full-year net revenue to be…

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCMongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance.Here's how…

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Yuki Iwamura | Bloomberg | Getty ImagesUlta Beauty shares fell 7% in extended trading Thursday after the company fell short of second-quarter expectations and trimmed its…

A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting | China News Service | Getty ImagesFederal Reserve officials will get the latest look at their favorite inflation indicator Friday, a data snapshot…

Best Buy 's quarterly beat and guidance raise on Thursday was good for a 15% pop in the stock as investors rewarded better execution and the promise of wider adoption of AI devices and lower interest rates. Revenue in the company's fiscal…

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. The S & P 500 advanced 0.7% Thursday, despite tech behemoth Nvidia's post-earnings…

Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024. Nurphoto | Nurphoto | Getty ImagesGap shares were halted Thursday morning after its quarterly earnings results were apparently released…

People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.Spencer Platt | Getty ImagesBest Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most…

A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023.Scott Olson | Getty ImagesDollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its…

A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle missed Wall Street's sales targets for a second quarter in a row on Thursday,…

Jaque Silva | Lightrocket | Getty ImagesAffirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results.Here's how the…

Nvidia reported earnings after the bell that beat Wall Street expectations, and provided stronger-than-expected guidance for the current quarter.Nvidia shares fell 8% in extended trading.Here is how the company did versus LSEG consensus…

NVIDIA's founder and CEO Jensen Huang delivers a keynote address on the latest innovations in AI, during a developers conference at the SAP Center in San Jose, California, on March 18, 2024. Josh Edelson | AFP | Getty ImagesNvidia shares…

Nvidia 's financials released after Wednesday's close weren't quite the $4 billion "Triple Lindy" of upside many investors were hoping for. But they were darn close, which avoided a feared massive sell-off in one of the three U.S. companies…

A sigh of relief is in order. Salesforce shares jumped more than 4% in extended trading Wednesday after the enterprise software giant beat sales and earnings expectations in the second quarter. The company may have maintained its full-year…

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Martina Albertazzi | Bloomberg | Getty ImagesCrowdStrike shares rose slipped 4% in extended trading on…

Salesforce chair and CEO Marc Benioff speaks at the World Economic Forum in Davos, Switzerland on Jan. 18, 2024.Fabrice Coffrini | AFP | Getty ImagesSalesforce shares rose 4% in extended trading on Wednesday after the business software…

An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21. Stephanie Keith | Bloomberg | Getty ImagesAbercrombie & Fitch's revenue…

Is this the beginning of Foot Locker's comeback story?The beleaguered sneaker company on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience…

Customers at a Lego store in Shanghai, China, on Feb. 3, 2024.Costfoto | Nurphoto | Getty ImagesAn inflation-fueled sales slump hit the toy industry in the first half of 2024, but one company is gaining market share brick by brick.On…

JD.com set up an Innovative Retail division that houses its grocery business 7Fresh.Bloomberg | Bloomberg | Getty ImagesHong Kong-listed shares of Chinese online retailer JD.com climbed 1.2% on Wednesday, outperforming the decline on the…

Signage outside a Nordstrom Rack retail store in New York on Aug. 25, 2022.Gabby Jones | Bloomberg | Getty ImagesNordstrom on Tuesday posted earnings that blew past Wall Street's expectations, indicating the department store is making…

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | ReutersFor Nvidia investors, the past two years have been a joyride. But recently they've been on more of a roller coaster.As…

Brent Lewin | Bloomberg | Getty ImagesPetroChina Co. posted record operating profits for the first half of the year on the back of strong drilling output and higher oil prices, which allowed it to offset weak fuel demand in China.China's…

The company logo adorns the side of the BHP gobal headquarters in Melbourne on February 21, 2023. - The Australian multinational, a leading producer of metallurgical coal, iron ore, nickel, copper and potash, said net profit slumped 32…

Palmer, Alaska. Meat counter showing a variety of sausage at a Fred Meyer grocery store, a sub of Kroger. Michael Siluk | UCG | Universal Images Group | Getty ImagesAn uptick in sausage demand can offer the latest sign of consumers…

On Aug. 5, we awoke to a market upside-down. Japanese stocks, so strong this year, had crashed, literally crashed, down 12%, a hideous decline, worst since 1987. Oddly, there was nothing wrong. The yen had strengthened, forcing investors…

Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest reading on the Federal Reserve's favorite inflation gauge. Fed Chairman Jerome Powell on Friday gave the…

Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners coming to the kingdom to take capital elsewhere.The…

People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida. Joe Raedle | Getty ImagesThere's a lot of debate about how much signal to take from the…