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GameStop (GME) Posts Stellar Earnings, Climbs 6%
Insider Monkey114d agobullish
GameStop (GME) Posts Stellar Earnings, Climbs 6%

GameStop Corp. (NYSE:GME) is one of the 10 Stocks With Remarkable Resilience. GameStop grew its share prices by 6.02 percent on Wednesday to close at $22.18 apiece, as investors took heart from its stellar earnings performance in the first quarter of fiscal year 2026. In a statement, GameStop Corp. (NYSE:GME) said that it grew its […]

Broadcom earnings: How sustainable is the rally behind AI build-out?
Yahoo Finance Video114d agobullishVIDEO
Broadcom earnings: How sustainable is the rally behind AI build-out?

Shares of Broadcom (AVGO) are sliding in Wednesday's extended hours in spite of the AI chipmaker beating fiscal second quarter earnings estimates and releasing third quarter guidance that outpaced Wall Street forecasts. CFRA Research senior vice president Angelo Zino reacts to Broadcom's latest earnings print and how much longer he expects the "downstream winners" of the AI infrastructure buildout to continue to gain from this phenomenon.

Investing.com114d agobullish
Veeva Systems beats estimates on AI progress

Investing.com -- Veeva Systems Inc Class A (NYSE:VEEV) reported first-quarter results that exceeded analyst expectations, with adjusted earnings per share of $2.24 beating the consensus estimate of $2.14 by $0.10. Revenue reached $882.9 million, surpassing the $857.75 million estimate and marking a 16% increase from $759.0 million in the same quarter last year.

CrowdStrike Stock Falls Despite Earnings Beat
Barrons.com114d agobullish
CrowdStrike Stock Falls Despite Earnings Beat

CrowdStrike Holdings stock was falling late Wednesday despite better-than-expected first-quarter results from the cybersecurity company. CrowdStrike reported adjusted earnings of $1.10 a share on revenue of $1.39 billion. “In Q1, the worlds of cybersecurity and frontier AI collided: this was the Mythos moment,” CEO George Kurtz said in the earnings release.

Broadcom Revenue Climbs on AI Chip Demand
The Wall Street Journal114d agobullish
Broadcom Revenue Climbs on AI Chip Demand

The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Chief Executive Hock Tan said.

Medtronic Stock Jumps on Strong Earnings
The Wall Street Journal114d agobullish
Medtronic Stock Jumps on Strong Earnings

Shares of Medtronic jumped 5% Wednesday after the medical-device maker reported better-than-expected quarterly results, helped by strong sales of devices used in heart procedures. The company also said it applied for U.

Bellwether Stock Deere Surges Above Key Level. Trump Is Why.
Investor's Business Daily115d agobullish
Bellwether Stock Deere Surges Above Key Level. Trump Is Why.

Deere and heavy machinery stocks continued to rally on Wednesday after the White House announced lower metal tariffs on imported farm and industrial machinery. Deere stock popped further above a key technical level. In a proclamation on Monday, President Donald Trump moved to reduce tariffs on agricultural equipment, like combines and harvesters, from 25% to 15%.

Morning Bid: Quantum leap
Reuters115d agobullish
Morning Bid: Quantum leap

By Mike Dolan June 3 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices and bond yields have pushed higher as hostilities in the