Ambarella stock soars 18% on earnings beat, sunny forecast
Shares of Ambarella soared after the semiconductor design company posted better-than-expected second-quarter results and projected revenue growth well above Wall Street expectations.
E.l.f. Beauty’s board approves $500 million buyback program
The board of e.l.f. Beauty has authorized a new $500 million share-repurchase program.
Shake Shack to close 9 underperforming locations
Shake Shack said it was closing nine company-owned restaurants in California, Texas and Ohio that were underperforming and, in some cases, cannibalizing sales from other...
U.S. stock market’s breadth has strengthened significantly, these charts show
More U.S. stocks are participating in the recent market rally, with the S&P 500 index further building on its August rebound on Tuesday, according to...
Sales drop for Calvin Klein’s parent PVH amid ‘challenging’ environment in Asia
PVH Corp.’s stock drops 7% after hours despite a beat for the retailer, which owns Calvin Klein and Tommy Hilfiger’s brands.
CrowdStrike adds new safeguards for Nvidia’s AI resources
CrowdStrike is teaming with Nvidia to provide additional safeguards for the chipmaker’s artificial-intelligence workflows and resources.
Relief is on the way for hot, hungry trekkers on the Great Wall of China: 5-minute deliveries by drone
Market leader Meituan has launched a service that flies food, drink, medicines and other parcels from a nearby hotel rooftop to one of the ancient...
Box stock jumps after boost to full-year revenue outlook
Box posted higher quarterly revenue and profit and raised its fiscal full-year revenue outlook after the U.S. dollar weakened compared with the Japanese Yen.
Warren Buffett’s Berkshire Hathaway on cusp of joining $1 trillion club
Warren Buffett’s Berkshire Hathaway is on the cusp of becoming just the ninth company in the world to achieve a $1 trillion valuation.