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Workday Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Workday Q2 Earnings Call Highlights

Workday (NASDAQ:WDAY) reported second-quarter fiscal 2027 revenue growth of 13%, as the enterprise software company said artificial intelligence products accounted for more than $100 million in new annual contract value, or ACV, during the quarter. Chief Executive Officer Aneel Bhusri said AI produ

GAP Q2 Earnings Call Highlights
MarketBeat29d agoneutral
GAP Q2 Earnings Call Highlights

Gap Inc. (NYSE:GAP) reported second-quarter fiscal 2026 net sales of $3.7 billion, down 2% from a year earlier, while comparable sales declined 1%. The retailer said it exceeded its profit expectations through pricing discipline, inventory management and gross-margin strength, even as performance va

IREN Q4 Earnings Call Highlights
MarketBeat29d agoneutral
IREN Q4 Earnings Call Highlights

IREN (NASDAQ:IREN) said it ended fiscal 2026 with $4 billion in contracted annualized recurring revenue, or ARR, for its 2026 capacity, including $1 billion that was operating following Microsoft’s acceptance of the Horizon 1 deployment. Co-Founder and Co-CEO Daniel Roberts said the company’s AI cl

Marvell Technology Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Marvell Technology Q2 Earnings Call Highlights

Marvell Technology (NASDAQ:MRVL) reported record fiscal second-quarter 2027 revenue of $2.739 billion, up 13% sequentially and 37% from a year earlier, as demand for data-center connectivity and custom silicon products continued to rise. Chairman and Chief Executive Officer Matt Murphy said revenue

Autodesk Q2 Earnings Call Highlights
MarketBeat29d agoneutral
Autodesk Q2 Earnings Call Highlights

Autodesk (NASDAQ:ADSK) reported fiscal 2027 second-quarter revenue and earnings per share above the high end of its guidance ranges, prompting the company to raise its full-year outlook for billings and revenue. The updated forecast also incorporates the acquisition of MaintainX, which closed on Aug

Marvell Stock Sinks as Big Expectations Outweigh Solid Earnings
Barrons.com29d agoneutral
Marvell Stock Sinks as Big Expectations Outweigh Solid Earnings

Marvell Technology stock fell sharply in after-hours trading Thursday after the chip designer narrowly beat the market’s expectations for its fiscal second quarter. The company, which both designs custom chips and supplies optical networking technology to connect artificial-intelligence servers, has been a darling of the AI trade in 2026. Marvell reported adjusted earnings of 94 cents a share for its fiscal second quarter, up from 67 cents a year ago and roughly in line with analysts’ consensus estimate of 93 cents, per FactSet.

Truist Names Harold Ford Jr. as Adviser
The Wall Street Journal29d agoneutral
Truist Names Harold Ford Jr. as Adviser

Truist Financial named a former U.S. congressman, Harold Ford Jr., as a vice chairman and strategic adviser. Ford has worked in banking and finance since departing the House of Representatives in 2007, most recently at PNC Financial Services Group.

Marvell Shares Slide After Hours
The Wall Street Journal29d agoneutral
Marvell Shares Slide After Hours

Shares fell almost 6% in after-hours trading for semiconductor company Marvell Technology after the its second-quarter earnings met analyst projections—but didn’t blow them out of the water. Stripping out certain one-time items, adjusted earnings were 94 cents a share, narrowly beating the 93 cents expected by analysts polled by FactSet.

Trading Day: Tech on a tear, attention Fed chair
Reuters29d agoneutral
Trading Day: Tech on a tear, attention Fed chair

By Jamie McGeever ORLANDO, Florida, Aug 27 (Reuters) - Another bumper earnings report and outlook from chipmaking giant Nvidia boosted tech stocks on Thursday, which was enough to lift the benchmark

Nvidia’s Big Day Adds $442 Billion in Market Cap
The Wall Street Journal29d agoneutral
Nvidia’s Big Day Adds $442 Billion in Market Cap

Blowout second-quarter results sent Nvidia’s shares surging 8.7%, their steepest one-day jump since April 2025, adding $442 billion to the company’s market value. That trails only a $450 billion one-day gain by Microsoft in July as the largest such jump ever.

Nvidia Breaks Its Post-Earnings Curse With $442 Billion Day
The Wall Street Journal29d agoneutral
Nvidia Breaks Its Post-Earnings Curse With $442 Billion Day

Concerns about the profitability of artificial-intelligence ventures, convoluted debt deals underpinning data centers, and the future of chip demand had left some on Wall Street worried that the AI trade was petering out. Then Nvidia arrived with a nearly half-trillion-dollar shot in the arm. The chip maker’s otherworldly growth has become so ingrained in Wall Street’s psyche that many investors expect the company to beat expectations, leaving shares sliding in six of the past eight post-earnings trading sessions.