News: Stocks
Dynatrace Exceeds Fiscal 2024 Guidance and Announces $500 Million Share Repurchase Program
Dynatrace Exceeds Fiscal 2024 Guidance and Announces $500 Million Share Repurchase Program

WALTHAM, Mass. – Dynatrace (NYSE: DT), a leader in unified observability and security, has announced robust financial results for the fourth quarter and full year ending March 31, 2024. The company surpassed its guidance across all key fiscal 2024 metrics, driven by significant annual recurring revenue (ARR) growth and strategic expansions.

Sea Limited Reports Strong Q1 2024 Results with Positive Growth Across All Business Segments
Sea Limited Reports Strong Q1 2024 Results with Positive Growth Across All Business Segments

Singapore - Sea Limited (NYSE: SE), a leading global consumer internet company, announced robust financial results for the first quarter of 2024, showcasing significant growth across its e-commerce, digital financial services, and digital entertainment businesses.

Alibaba Back on Growth Track with Double-Digit GMV Growth, Announces $4 Billion Dividend
Alibaba Back on Growth Track with Double-Digit GMV Growth, Announces $4 Billion Dividend

Alibaba Group has reported a strong fourth-quarter performance for the fiscal year ending March 31, 2024, signaling a return to growth for the Chinese e-commerce giant. Key highlights include significant gains in gross merchandise value (GMV) and a substantial dividend announcement for shareholders.

Walmart Lays Off and Relocates Hundreds of Corporate Employees
Walmart Lays Off and Relocates Hundreds of Corporate Employees

Walmart is undergoing significant corporate restructuring, resulting in the layoff and relocation of hundreds of its corporate employees across the country. The move aims to consolidate the workforce at its new headquarters in Bentonville, Arkansas, and bring more employees back to the office post-pandemic.

Nu Holdings Ltd. Reports Q1 2024 Financial Results, Stock Price Rises 3.46% in After-Hours Trading
Nu Holdings Ltd. Reports Q1 2024 Financial Results, Stock Price Rises 3.46% in After-Hours Trading

São Paulo – May 14, 2024 – Nu Holdings Ltd. (“Nu”, “Nu Holdings” or “the Company”) (NYSE: NU), one of the world’s largest digital banking platforms, announced its unaudited financial results for the first quarter ending March 31, 2024. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS), unless otherwise noted.

Roaring Kitty is Back: Meme Stock Mania Resurges with GameStop Soaring 58%
Roaring Kitty is Back: Meme Stock Mania Resurges with GameStop Soaring 58%

GameStop and AMC shares surged by over 40% in pre-market trading on Tuesday, poised to extend yesterday’s significant gains. This resurgence follows the reappearance of trader "Roaring Kitty," the focal point of the meme stock craze, who returned to the internet for the first time in about three years.

The Home Depot Reports Q1 Fiscal 2024 Results and Reaffirms Full-Year Guidance
The Home Depot Reports Q1 Fiscal 2024 Results and Reaffirms Full-Year Guidance

ATLANTA, May 14, 2024 – The Home Depot®, the world's largest home improvement retailer, announced its financial results for the first quarter of fiscal 2024. The company reported sales of $36.4 billion, marking a 2.3% decrease from the same period in fiscal 2023. Comparable sales for Q1 fiscal 2024 decreased by 2.8%, with U.S. comparable sales down by 3.2%.

libaba Group Reports Q4 and Fiscal Year 2024 Results Amid Strategic Investments
libaba Group Reports Q4 and Fiscal Year 2024 Results Amid Strategic Investments

Hangzhou, China, May 14, 2024 – Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") announced its financial results for the quarter and fiscal year ended March 31, 2024.

Latest News on Palantir Technologies: Strong Q1 2024 Performance and Strategic Developments
Latest News on Palantir Technologies: Strong Q1 2024 Performance and Strategic Developments

Palantir Technologies Inc. (NYSE: PLTR) has been making significant strides recently, showcasing impressive financial performance and strategic developments.

SoFi Technologies Latest News: Strong Q1 2024 Earnings and Strategic Moves
SoFi Technologies Latest News: Strong Q1 2024 Earnings and Strategic Moves

In the past two weeks, SoFi Technologies, Inc. (NASDAQ: SOFI) has made headlines with several significant developments. This article provides an overview of the most recent news and analyses how these events could impact the company's future.

Tencent Music Entertainment Group Reports Strong First Quarter 2024 Financial Results and Announces Annual Dividend
Tencent Music Entertainment Group Reports Strong First Quarter 2024 Financial Results and Announces Annual Dividend

Shenzhen, China, May 13, 2024 /PRNewswire/ – Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698), China's leading online music and audio entertainment platform, has released its unaudited financial results for Q1 2024, ending March 31, 2024. The company also declared its annual cash dividend for the year ended December 31, 2023.

CrowdStrike and Google Cloud Forge a Strategic Partnership to Revolutionize AI-Native Cybersecurity
CrowdStrike and Google Cloud Forge a Strategic Partnership to Revolutionize AI-Native Cybersecurity

CrowdStrike, a leader in global cybersecurity, has announced a significant expansion of its strategic partnership with Google Cloud. This collaboration is set to transform Mandiant’s Incident Response (IR) and Managed Detection and Response (MDR) services by integrating them with CrowdStrike's Falcon® platform and Google Cloud's Security Operations platform. This alliance was unveiled at the RSA Conference 2024 held in Austin, Texas.

Boeing's CFO Discusses Strategic Plans and Corporate Challenges at BofA Global Industrials Conference
Boeing's CFO Discusses Strategic Plans and Corporate Challenges at BofA Global Industrials Conference

At the recent BofA Global Industrials Conference, Brian J. West, Chief Financial Officer of Boeing, addressed several critical issues facing the company. Amidst ongoing regulatory scrutiny and market pressures, West outlined Boeing's strategy for maintaining its commitment to safety, enhancing quality, and navigating financial challenges.

Groupon's Impressive First Quarter 2024 Financial Results
Groupon's Impressive First Quarter 2024 Financial Results

Groupon, Inc. (NASDAQ: GRPN), a leading global marketplace for local services, experiences, and goods, announced a robust financial performance for the first quarter ended March 31, 2024. These results not only surpassed the high-end of the company's guidance but also marked a significant milestone with consolidated revenue growth for the first time since 2016.

Mettler-Toledo International Inc. Reports Q1 2024 Financial Results
Mettler-Toledo International Inc. Reports Q1 2024 Financial Results

On May 9, 2024, Mettler-Toledo International Inc. (NYSE: MTD), headquartered in Columbus, Ohio, released its financial results for the first quarter of 2024. The company reported flat sales compared to the previous year but highlighted a recovery in shipments that were delayed in the last quarter of 2023.

Roblox Reports Strong Cash Flow Amid Quarterly Losses: Q1 2024 Financial Overview
Roblox Reports Strong Cash Flow Amid Quarterly Losses: Q1 2024 Financial Overview

Roblox Corporation (NYSE: RBLX) revealed its financial results for the first quarter of 2024 today, demonstrating robust growth in net cash and cash equivalents from operating activities, which saw a 37% year-over-year increase, alongside a record 133% surge in free cash flow. However, the company also reported significant net losses, contributing to a sharp 24.85% drop in pre-market stock prices.

Warner Bros. Discovery Reports Mixed Q1 2024 Earnings Amid Challenging Market Conditions
Warner Bros. Discovery Reports Mixed Q1 2024 Earnings Amid Challenging Market Conditions

Warner Bros. Discovery, Inc. (WBD) released its first quarter earnings for 2024, showcasing a mixed financial landscape with a notable decline in revenue and some operational gains. The company reported total revenues of $9.958 billion, a decrease of 7% from the previous year's $10.7 billion. Despite this drop, WBD managed to narrow its net loss to $966 million from $1.069 billion a year earlier, marking a 10% improvement.

IBM and SAP Enhance Partnership to Drive Generative AI and Cloud Innovations
IBM and SAP Enhance Partnership to Drive Generative AI and Cloud Innovations

ARMONK, N.Y. and WALLDORF, Germany – May 8, 2024 – In a major move to shape the future of enterprise solutions, IBM (NYSE: IBM) and SAP SE (NYSE: SAP) today announced plans to deepen their collaboration. This initiative will integrate new generative AI capabilities and industry-specific cloud solutions, aimed at propelling clients towards becoming next-generation enterprises.

Costco Wholesale Corporation Announces Strong April Sales Results for 2024
Costco Wholesale Corporation Announces Strong April Sales Results for 2024

ISSAQUAH, Wash. – On May 8, 2024, Costco Wholesale Corporation (Nasdaq: COST), a leading global retailer, reported a significant increase in sales for the month of April. The company announced net sales of $19.80 billion for the four weeks ended May 5, 2024, marking a 7.1 percent increase from the $18.48 billion reported in the same period last year.

Constellation Energy Reports Strong First Quarter 2024 Financial Results
Constellation Energy Reports Strong First Quarter 2024 Financial Results

Baltimore, May 9, 2024 – Constellation Energy Corporation (Nasdaq: CEG) today announced its financial outcomes for the first quarter of 2024, showcasing significant improvements and strategic advancements in its operations. The company recorded a GAAP Net Income of $2.78 per share and Adjusted (non-GAAP) Operating Earnings of $1.82 per share, demonstrating robust growth compared to the first quarter of 2023.