News: Stocks
Adobe Reports Record Revenue in Q2 Fiscal 2024: Raises Annual Targets
Adobe Reports Record Revenue in Q2 Fiscal 2024: Raises Annual Targets

On June 13, 2024, Adobe (Nasdaq) announced its financial results for the second quarter of fiscal year 2024, ending May 31, 2024. The company achieved record revenue of $5.31 billion, driven by robust growth across its Creative Cloud, Document Cloud, and Experience Cloud segments. Adobe has also raised its annual targets for Digital Media net new ARR, Digital Experience subscription revenue, and EPS.

Broadcom Inc. Reports Stellar Q2 FY2024 Financial Results, Announces Stock Split and Dividend Increase
Broadcom Inc. Reports Stellar Q2 FY2024 Financial Results, Announces Stock Split and Dividend Increase

PALO ALTO, Calif., June 12, 2024 – Broadcom Inc. (Nasdaq: AVGO), a global technology leader in semiconductor and infrastructure software solutions, has reported outstanding financial results for the second quarter of fiscal year 2024, ending May 5, 2024. The company also provided robust guidance for the fiscal year and announced a significant stock split and quarterly dividend increase.

Oracle Reports Strong Fiscal 2024 Results, Shares Surge 9.46% in After-Hours Trading
Oracle Reports Strong Fiscal 2024 Results, Shares Surge 9.46% in After-Hours Trading

AUSTIN, Texas, June 11, 2024 – Oracle Corporation (NYSE: ORCL) announced robust fiscal 2024 Q4 and full-year financial results, driving a notable 9.46% increase in its share price during after-hours trading. The company's performance was fueled by a surge in cloud revenue and record-breaking sales contracts.

NIO Inc. Announces Q1 2024 Financial Results: Key Highlights and Future Outlook
NIO Inc. Announces Q1 2024 Financial Results: Key Highlights and Future Outlook

Shanghai, June 06, 2024 – NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leader in the premium smart electric vehicle market, has released its unaudited financial results for the first quarter ending March 31, 2024. Despite challenging market conditions, NIO continues to demonstrate resilience and strategic growth.

Dollar Tree, Inc. Reports Q1 2024 Financial Results
Dollar Tree, Inc. Reports Q1 2024 Financial Results

Dollar Tree, Inc. (NASDAQ: DLTR) has released its financial results for the first quarter of fiscal 2024, ending May 4, 2024. The company reported positive growth in key areas despite challenges, including a tornado that destroyed its Marietta distribution center.

CrowdStrike Reports Robust First Quarter Fiscal Year 2025 Financial Results
CrowdStrike Reports Robust First Quarter Fiscal Year 2025 Financial Results

AUSTIN, Texas--(BUSINESS WIRE)--June 4, 2024-- CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint and workload protection, announced exceptional financial results for the first quarter of fiscal year 2025, which ended on April 30, 2024. The company's impressive performance led to a 6.75% surge in its stock price during aftermarket trading.

Honeywell Completes $4.95 Billion Acquisition of Carrier's Global Access Solutions Business
Honeywell Completes $4.95 Billion Acquisition of Carrier's Global Access Solutions Business

Charlotte, N.C., June 3, 2024 – Honeywell (NASDAQ: HON) has announced the completion of its acquisition of Carrier Global Corporation's (NYSE: CARR) Global Access Solutions business for $4.95 billion. This strategic acquisition positions Honeywell as a leading provider of security solutions in the digital age, enhancing its building automation segment and aligning with key megatrends such as automation and digitalization.

Rapidus and IBM Collaborate on Advanced Chiplet Packaging Technology for 2nm Semiconductors
Rapidus and IBM Collaborate on Advanced Chiplet Packaging Technology for 2nm Semiconductors

TOKYO and ARMONK, NY, June 3, 2024 – Rapidus Corporation, a leader in advanced logic semiconductors, and IBM (NYSE: IBM), a global technology giant, have announced an exciting partnership to develop mass production technologies for chiplet packages. This collaboration builds on their existing agreement for the joint development of 2nm node technology.

NIO Inc. Achieves Record-High Monthly Deliveries in May 2024
NIO Inc. Achieves Record-High Monthly Deliveries in May 2024

SHANGHAI, June 01, 2024 - NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading pioneer in the premium smart electric vehicle market, has announced an impressive milestone in its May 2024 delivery update.

Roaring Kitty's $116 Million GameStop Investment: A Comprehensive Overview
Roaring Kitty's $116 Million GameStop Investment: A Comprehensive Overview

Keith Gill, widely known by his online alias "Roaring Kitty," has once again made headlines by disclosing a substantial investment in GameStop. This move, revealed through recent posts on Reddit and Twitter, has significantly impacted GameStop’s stock, highlighting Gill’s enduring influence on the meme stock saga.

HP Inc. Reports Fiscal 2024 Q2 Results, Shares Rise 2.14% in After-Hours Trading
HP Inc. Reports Fiscal 2024 Q2 Results, Shares Rise 2.14% in After-Hours Trading

HP Inc. (NYSE: HPQ) announced its fiscal 2024 second-quarter results on May 29, 2024. The company's performance showcased resilience and strategic positioning in the evolving tech landscape:

Salesforce Reports Q1 Fiscal 2025 Results but Faces After-Hours Stock Decline
Salesforce Reports Q1 Fiscal 2025 Results but Faces After-Hours Stock Decline

Salesforce (NYSE: CRM), the world's leading AI CRM, reported its first-quarter fiscal 2025 results, ending April 30, 2024. The company demonstrated solid growth across several key financial metrics:

UiPath Reports Q1 Fiscal 2025 Results but Faces After-Hours Stock Decline
UiPath Reports Q1 Fiscal 2025 Results but Faces After-Hours Stock Decline

UiPath, Inc. (NYSE: PATH) announced its financial results for the first quarter of fiscal 2025, ending April 30, 2024. The company reported notable growth in key financial metrics:

HEICO Corporation Reports Record Growth in Net Sales, Operating Income, and Net Income for Q2 Fiscal 2024
HEICO Corporation Reports Record Growth in Net Sales, Operating Income, and Net Income for Q2 Fiscal 2024

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 28, 2024 / HEICO Corporation announced exceptional financial results for the second quarter of fiscal 2024. The company reported a significant increase in net income, operating income, and net sales.

Deckers Brands Reports Record FY 2024 Financial Results, Provides FY 2025 Guidance
Deckers Brands Reports Record FY 2024 Financial Results, Provides FY 2025 Guidance

GOLETA, Calif.--(PRNewswire)-- Deckers Brands (NYSE: DECK), a global leader in innovative footwear, apparel, and accessories, announced exceptional financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2024. The company also provided its financial outlook for the upcoming fiscal year ending March 31, 2025. Following the announcement, Deckers Brands' stock price surged by 8.11% in after-market trading.

Ross Stores Reports Q1 Earnings, Provides Updated Fiscal 2024 Guidance
Ross Stores Reports Q1 Earnings, Provides Updated Fiscal 2024 Guidance

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (NASDAQ: ROST) reported robust financial results for the first quarter of fiscal 2024, which ended May 4, 2024. The company delivered better-than-expected earnings, driven by lower expenses, despite ongoing macroeconomic challenges. Following the positive earnings announcement, Ross Stores' stock price increased by 7.95% in after-market trading.

Workday Announces Q1 FY25 Results, Provides Updated Guidance
Workday Announces Q1 FY25 Results, Provides Updated Guidance

PLEASANTON, Calif.--(PRNewswire)-- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, reported strong financial results for the first quarter of fiscal 2025, which ended on April 30, 2024. Despite the positive performance, Workday's stock dropped 11.23% in after-market trading.

Intuit Reports Q2 Results and Reiterates Full Year Guidance
Intuit Reports Q2 Results and Reiterates Full Year Guidance

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU), the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced robust financial results for the second quarter of fiscal 2024, which ended on January 31. Despite strong performance, Intuit's stock fell 6.46% in after-market trading.

NetEase Announces Q1 2024 Financial Results Amid Mixed Market Reaction
NetEase Announces Q1 2024 Financial Results Amid Mixed Market Reaction

Hangzhou, China, May 23, 2024 - NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase” or the “Company”), a leading internet and game services provider, announced its unaudited financial results for the first quarter ended March 31, 2024. Despite robust financial performance, NetEase's stock price saw a 4% decline in premarket trading.

Medtronic Announces Fiscal Year 2024 Results and Increases Dividend
Medtronic Announces Fiscal Year 2024 Results and Increases Dividend

DUBLIN, May 23, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in medical technology, reported its financial results for the fourth quarter (Q4) and full fiscal year 2024 (FY24), which ended on April 26, 2024. The company showed broad-based growth and momentum as it enters new product cycles across several high-growth markets.