Ericsson shares jump 6% as sales fall less than expected, North America returns to growth
Ericsson reported a smaller-than-expected 7% drop in second-quarter sales as sluggish demand for 5G gear was slightly offset by growth in North America.
Our companies' performances were reflective of the S&P 500 firms in aggregate.
Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.
Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.
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