[ad_1] Costco Wholesale reported solid quarterly results on Thursday, slightly beating analyst forecasts on the key lines. While we would have preferred to see stabilized renewal rates in its key region, the retailer’s consistently strong sales momentum can’t be ignored. Total revenue in its fiscal 2026 second quarter increased 9.2% year over year to $69.6 … Read more
[ad_1] CrowdStrike delivered robust quarterly results on Tuesday, exceeding expectations across all key measures. Still, the market was wavering on whether AI would be the company’s friend or foe. We believe it’s the former. Revenue in the fiscal fourth quarter increased 23% year over year to $1.305 billion, beating the consensus estimate of $1.297 billion … Read more
[ad_1] Nvidia on Wednesday delivered strong quarterly results to cap off its fiscal year, outdone only by the chip giant’s outlook for the current quarter, in a sign the AI boom continues apace. Revenue in the company’s fiscal 2026 fourth quarter increased 73% year over year to $68.13 billion, outpacing the $66.2 billion the Street … Read more
[ad_1] Cisco Systems shares fell Wednesday evening despite the networking company delivering a beat and raise. The results were solid but not enough with the stock trading at record highs and at a premium to its historical valuation — something we warned created a tricky backdrop for the report. Revenue in the company’s fiscal 2026 … Read more
[ad_1] Amazon shares plummeted Thursday evening after the tech giant revealed a $200 billion capital expenditures plan for this year. Additionally, management’s current quarter profit forecast miss overshadowed what was otherwise a generally good final quarter of 2025. Revenue increased 14% year over year to $213.39 billion, beating expectations for $211.33 billion, according to estimates … Read more
[ad_1] Apple on Thursday evening reported a blowout holiday quarter, driven by a 23% increase in iPhone sales. A strong revenue guide for the current March quarter suggests this strong device cycle will continue. Revenue in Apple’s fiscal 2026 first quarter, which ended back on Dec. 27, rose 16% year over year to $143.76 billion, … Read more
[ad_1] Microsoft topped revenue and earnings estimates in its fiscal 2026 second quarter. But shares slid Wednesday evening as Azure failed to deliver meaningful growth upside. In-line guidance did little to change that narrative, which has been hurting the stock. Revenue increased about 16% year over year to $81.28 billion, beating the Street consensus estimate … Read more
[ad_1] Nike stock sank Thursday evening, even after the sportswear maker delivered better-than-expected quarterly results. While management said it is in the middle innings of its turnaround, severe issues in China and a weak outlook discouraged investors. Total revenue in the company’s fiscal 2026 second quarter increased 1% year over year to $12.4 billion, topping … Read more
[ad_1] Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club stock gave up its initial pop and traded sharply lower as the Q & A session of the post-earnings conference call kicked off. Investors were apparently not satisfied with CEO Hock Tan’s answer to an important … Read more
[ad_1] TJX Companies on Wednesday reported a beat-and-raise quarter as consumers continue to focus on getting the most bang for their depreciating buck. The stock is a bright spot in the banged-up retail sector. Revenue in the three months ended Nov. 1 increased 7.5% year over year to $15.12 billion, exceeding the consensus estimate of … Read more
