Snowflake shares soar following revenue beat
Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday.
Salesforce trims full-year expectations for earnings and revenue
Salesforce beat estimates for the latest quarter but gave a disappointing forecast for the year.
Nvidia says gaming market conditions are ‘challenging,’ Q3 forecast misses
Nvidia's success in the past two years has been largely attributed to the quality of its latest generation of graphics cards.
Gap withdraws 2022 financial outlook as Old Navy sales fall in second quarter
Gap withdrew its financial outlook for the year after its second-quarter sales fell from a year ago and it works to fix its struggling business.
Peloton shares plummet after company reports a big loss and declining revenue
Peloton has pursued sweeping changes, including price hikes and a shift to emphasizing subscriptions, that have yet to fully pay off.
‘You’ve got to eat’: Energy bills are squeezing businesses and people as UK costs soar
Facing soaring energy bills, rising costs and rapidly declining consumer purchasing power, small businesses across the U.K. are struggling to make ends meet.
Nobel prize winner says the U.S. needs a 1950s-style productivity boom
Edmund S. Phelps discusses the need to reboot US growth and productivity and cool current economic demand.
Watch Federal Reserve Chair Jerome Powell speak live at Jackson Hole
Federal Reserve Chair Jerome Powell speaks at the central bank's Jackson Hole, Wyoming, economic symposium on Friday, after the release of key inflation data.
‘We don’t see any slowdown’ from superrich car buyers, says Bugatti Rimac CEO
Bugatti Rimac CEO Mate Rimac said the maker of a new sold-out supercar isn't seeing any signs of a slowdown among its wealthy buyers.