On September 18, 2024, General Mills (NYSE: GIS) released its Q1 2025 earnings, revealing a slight decrease in net sales and profit. The company’s net sales declined by 1% year-over-year to $4.8 billion, driven by unfavorable pricing and volume mix. Organic sales also dropped 1%, reflecting challenges in both the North American and International markets.

The U.S. stock market saw significant developments over the weekend of September 14-15, 2024. From Federal Reserve rate expectations to new IPO listings, here’s a breakdown of the top stories impacting investors:

Adobe delivered impressive results for Q3 FY2024, reporting record revenue of $4.89 billion, which marks an 11% increase year-over-year. This growth was primarily fueled by the company’s Digital Media segment, which generated $3.19 billion in revenue. Creative Cloud, Adobe's flagship product, continues to be a key driver of growth, supported by the successful integration of AI tools that enhance creative workflows for users across industries.

Kroger, one of the largest grocery retailers in the U.S., released its Q2 2024 earnings report on September 12, 2024. While the company managed to surpass Wall Street expectations for earnings per share (EPS), sales growth remained stagnant compared to last year. Here's a detailed breakdown of Kroger's Q2 2024 performance.

GameStop, the video game retailer that has garnered significant attention in recent years, released its second-quarter earnings for fiscal 2024 on September 10. The results present a blend of positives and negatives, with the company beating earnings expectations but falling short on revenue. Below, we’ll break down the key highlights from the report.

On September 5, 2024, Broadcom Inc. (Nasdaq: AVGO) announced impressive third-quarter fiscal year 2024 financial results, showcasing strong performance in both semiconductor and software segments. The company also released its guidance for the fourth quarter of fiscal 2024, highlighting continued growth, particularly in AI semiconductor solutions and its VMware acquisition.

Houston, September 4, 2024 – Hewlett Packard Enterprise (NYSE: HPE) announced its financial results for the third quarter of fiscal year 2024, ending on July 31, 2024. The company posted impressive revenue growth, driven by its AI systems conversion and ongoing innovation across its edge-to-cloud strategy.

BEIJING, China – August 22, 2024 – Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) announced its financial results for the second quarter of 2024, showcasing solid performance across key segments. The company’s continued focus on AI-driven solutions and autonomous driving innovation helped maintain stability despite global economic challenges.

DUBLIN, Calif. – August 22, 2024 – Ross Stores, Inc. (Nasdaq: ROST) has reported solid earnings for the second quarter of 2024, reflecting the company's resilience and ability to deliver value to its customers despite a challenging economic environment. With a notable increase in net income and sales, Ross Stores continues to outperform expectations, while also providing updated guidance for the second half of fiscal 2024.

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999), a leading provider of internet and game services, has released its unaudited financial results for the second quarter ending June 30, 2024. The company has shown solid growth across multiple sectors, reflecting its strategic focus on innovation, gaming, and content services.

Workday delivered solid financial results for Q2 2025, with a 17% growth in subscription revenue and a 25% non-GAAP operating margin. Despite ongoing scrutiny in deal cycles and slower headcount growth across customers, Workday's strong win rates and customer momentum demonstrate its resilience and value in a challenging market. CEO Carl Eschenbach emphasized the company’s continued focus on driving value through AI-powered HR and financial management solutions.

Intuit wrapped up a highly successful fiscal year 2024 with impressive financial growth across its core businesses. With revenues up by 13% for the full year, the company's future is set for continued expansion, driven by artificial intelligence (AI) and a focus on mid-market businesses. CEO Sasan Goodarzi and CFO Sandeep Aujla detailed their financial performance, strategy, and upcoming plans for further growth during the Q4 2024 earnings call on August 22, 2024.

Zoom Video Communications held its Q2 FY 2025 earnings call on August 21, 2024, revealing strong quarterly performance driven by AI enhancements and strategic growth in its Contact Center segment. Zoom's continued innovation, particularly with AI Companion and Zoom Workplace, is positioning the company for future growth despite macroeconomic pressures. Below, we explore the key highlights from the earnings call.

Snowflake (SNOW) delivered impressive Q2 2025 results, marked by strong growth in product revenue and robust product innovation, especially in AI and data processing. However, despite the positive performance, Snowflake’s stock price fell by 8% in after-hours trading following the earnings report. Here are the key takeaways from the earnings call held on August 21, 2024:

Target Corporation (TGT) recently reported its Q2 2024 earnings, showcasing significant growth and strong performance driven by increased consumer traffic, innovative retail strategies, and a focus on value. The earnings call, held on August 21, 2024, highlighted key developments, including leadership changes, strategic initiatives, and financial results that exceeded expectations.

Synopsys, Inc. (Nasdaq: SNPS), a global leader in electronic design automation (EDA) and semiconductor IP, reported outstanding financial results for its third quarter of fiscal year 2024, which ended on August 21, 2024. The company achieved record quarterly revenue and significant year-over-year growth in both GAAP and non-GAAP earnings per share, demonstrating strong business momentum.

Analog Devices, Inc. (Nasdaq: ADI), a global leader in the semiconductor industry, announced its fiscal third-quarter 2024 financial results on August 21, 2024. Despite ongoing economic and geopolitical uncertainties, the company exceeded its revenue midpoint projections, positioning itself well for continued growth as the market gradually recovers.

The TJX Companies, Inc. (NYSE: TJX), a global leader in off-price apparel and home fashion retail, has reported impressive results for Q2 Fiscal Year 2025, showcasing notable growth across key performance metrics. With increased customer transactions, enhanced profit margins, and a significant milestone in store expansion, TJX continues to strengthen its market position.

Mooresville, N.C., Aug. 20, 2024 – Lowe’s Companies, Inc. (NYSE: LOW) announced its financial results for the second quarter of 2024, ending Aug. 2, 2024. The company's net earnings were $2.4 billion with diluted earnings per share (EPS) of $4.17, marking a decrease from $4.56 in the same quarter of 2023. The adjusted diluted EPS, which excludes a $43 million pre-tax gain from the 2022 sale of its Canadian retail business, was $4.10.

Palo Alto Networks, Inc. (PANW) recently conducted its Fiscal Fourth Quarter 2024 earnings conference call on August 19, 2024, presenting investors with key financial updates, insights into the company’s cybersecurity strategies, and guidance for the upcoming fiscal year. The call highlighted the company’s solid growth in both revenue and operational performance, bolstered by its innovative platformization strategy and focus on AI-driven security solutions.