Best Buy Co Inc (NYSE:BBY) shares jumped 17% after the retailer’s first quarter earnings topped Wall Street expectations and the company reaffirmed its full-year outlook. The company reported adjusted earnings per share of $1.28, topping analyst estimates of $1.22, while total revenue rose to...
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Dell Technologies stock climbed Thursday after the company secured a major Pentagon software contract ahead of quarterly earnings.
Chinese EV Rivals Split After Earnings as XPeng Impresses and Li Auto Stumbles
Earlier Thursday, delivery platform DoorDash announced a partnership with Dollar Tree to offer on-demand delivery from the retailer’s U.S. stores. Dollar Tree stock spiked 17%. Shares had tumbled 22% in 2026—the company’s first calendar year since selling Family Dollar at an enormous loss last summer.
🌳 Dollar Tree (DLTR) logged higher profit and revenue in its fiscal first quarter, as consumers turned to the company for low-cost goods. “Our model is built for environments like this,” CEO Mike Creedon said.
Remember the ‘SaaSpocalyse,’ the period on Wall Street this year when traders panicked that AI would displace software companies? The move follows strong earnings results from Snowflake yesterday, during which the company issued better-than-expected annual guidance and said it is seeing increasing demand for its artificial intelligence tools. It's an example of how some software companies are adapting to the AI revolution.
Best Buy (NYSE:BBY) shares surged nearly 10% in premarket trading after the electronics retailer reported first-quarter results that topped analyst expectations, supported by improved comparable sales and strength across several key product categories. Adjusted earnings per share came in at $1.
AI infrastructure firm Nebius Group's shares climbed over 10% in premarket trading on Thursday, after Situational Awareness, a fund run by a former OpenAI employee named Leopold Aschenbrenner, became its biggest shareholder. The fund reported a 5.6% stake in Nebius, worth nearly $2.6 billion as of Wednesday. It is run by Aschenbrenner, who was previously part of the "Superalignment" team at OpenAI.
IBM stock climbed Thursday as the tech giant pledged to invest more than $10 billion over five years in its quantum computing efforts. The news comes a week after a $1 billion award from the federal government for quantum computing gave IBM shares a major jolt. The $10 billion toward includes research and development funds, capital expenditures and mergers and acquisitions, IBM said in a filing with the Securities and Exchange Commission.
Best Buy (BBY) delivered earnings and revenue surprises of +5.00% and +1.44%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
The cloud data company reported $1.39 billion in first-quarter revenue, up 33% year over year, and lifted its full-year product revenue guidance to $5.84 billion
The chipmaker posted record quarterly revenue of $2.42 billion and guided for $2.70 billion next quarter, citing exceptional AI-related bookings
Investing.com -- Best Buy (NYSE:BBY) reported first-quarter results that exceeded analyst expectations, sending its shares almost 10% higher in premarket trading.
The electronics retailer posted adjusted EPS of $1.28 and revenue of $8.94 billion, both above Wall Street estimates
The cloud software company reported $11.1 billion in first-quarter revenue, but its full-year outlook landed just below Wall Street expectations
Best Buy reported a higher profit and rising sales in the first quarter, boosted by strong gaming, computer and cellphone demand.
Shares in the drone-parts maker surged premarket after The Wall Street Journal reported the Trump administration was considering funding a group of U.S. drone companies.
U.S. electronics retailer Best Buy forecast second-quarter sales above Wall Street expectations after beating Q1 estimates on Thursday, amid steady demand for laptops and smartphones and growth in its ads and marketplace channels. CEO Corie Barry is set to step down at the end of October and will be succeeded by Jason Bonfig, a company veteran who is expected to focus on expanding its higher-margin advertising and marketplace businesses. Best Buy has been "scaling new profit streams like Best Buy Ads and Marketplace that we expect to provide considerable benefit over time," Barry said.
Best Buy Co., Inc. will release earnings for its first quarter before the opening bell on Thursday, May 28. Analysts expect the company to report quarterly earnings of $1.23 per share, up from $1.15 per share in the year-ago period....
Low-cost rockets are making it possible to scale a business that barely seemed feasible a few years ago.
The rise extends a rally for the semiconductor-materials maker that has boosted the stock more than sevenfold this year.
Even by the standards of the artificial-intelligence boom, the gains in chip stocks this year have been extraordinary. Sandisk has soared 570%. Intel has more than tripled. Samsung, Micron and SK Hynix have all climbed into the ranks of $1 trillion companies.
May 28 (Reuters) - Foreign investors bought Japanese stocks for the eighth straight week through May 23, as oil prices eased and AI-related shares rallied on robust demand outlook.
Marvell Technology (MRVL) kicked off its latest earnings season with first quarter revenue that topped analyst expectations, supported by strong demand for AI and data center chips and a higher multiyear revenue outlook. See our latest analysis for Marvell Technology. The strong AI data center story is now clearly reflected in the price, with the stock delivering a 30 day share price return of 25.59% and a 1 year total shareholder return of 208.46%, even after a one day pullback of 4.59%. If...
Shares of Micron Technology (MU) kept surging after the chipmaker posted its biggest one-day gain in more than a decade. The stock rose 3.6% on May 27, extending a massive rally after shares jumped 19.3% the previous day. Micron has now climbed roughly 77% over the past month, while the stock is up ...
GM, Ford and Toyota have said they are planning for U.S. new-car sales to stagnate or shrink this year, as prospective buyers stay on the sidelines of the new-car market.
Snowflake shares soared 36% after-hours on signing an AI deal with Amazon and buying Natoma, a platform for enterprise AI agents.
The frenzied rally in chip stocks passed a new milestone on Wednesday, with the PHLX Semiconductor Index posting its best start to a year on record. Samsung Micron and SK Hynix have all climbed into the ranks of $1 trillion companies. Investors’ enthusiasm for the building-blocks of artificial intelligence helped pull the stock market out of its Iran-war slump, while raising worries that a surge this dramatic must end sometime.
Marvell Technology posted better-than-expected first-quarter results and issued an upbeat second-quarter forecast, driven by strong growth in its data center and AI-related chip demand.