Salesforce trims full-year expectations for earnings and revenue
Salesforce beat estimates for the latest quarter but gave a disappointing forecast for the year.
Snowflake shares soar following revenue beat
Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday.
Nordstrom cuts full-year forecast, citing slowing customer demand
Nordstrom slashed its financial forecast for the full year as the department store chain faces slowing sales and a glut of inventory.
Dick’s Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates
Dick's Sporting Goods reported quarterly earnings and revenue that topped analysts' expectations and boosted its financial outlook for the year.
Target’s earnings take a huge hit as retailer sells off unwanted inventory
The big-box retailer cut its profit outlook in June, saying it would take a hit as it marked down unwanted goods and canceled merchandise orders.
Tencent, the $370 billion Chinese tech giant, posts first ever revenue decline
Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid hit the tech giant.
Walmart sticks with second-half outlook after earnings beat expectations
The retailer's profits are under pressure, as consumers feel pinched by inflation and buy fewer high-margin items, such as apparel and electronics.
Home Depot beats second-quarter earnings expectations, stands by 2022 guidance
Home Depot reported second-quarter earnings and revenue that beat expectations Tuesday morning.
Saudi Aramco profit surges 90% in second quarter amid energy price boom
Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half year results on Sunday.