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An activist investor has offered a 45% premium for Samsung affiliates’ stakes in S-1 Corp., setting up an early test of how board directors handle their expanded fiduciary duties under South Korea’s revised corporate law.
Salesforce’s $5.90 adjusted Q2 earnings per share came in substantially above the $3.27 consensus, while revenue also edged past expectations.
Investing.com -- Amazon Web Services and Nvidia announced today an expansion of their partnership to address growing demand for AI infrastructure. The companies plan to deploy 2 million additional Nvidia GPUs across AWS's global infrastructure in 2027-2028.
Salesforce reported better-than-expected quarterly earnings on Wednesday, shaking off worries about artificial-intelligence tools disrupting its business. Just as importantly, the software company announced an expanded partnership with Anthropic that the two companies call Claudeforce. As part of the collaboration, Anthropic will integrate Salesforce’s customer-relationship-management system into its Claude chatbot, allowing humans and AI agents to access Salesforce data and functions through a plugin.
The results prompted the enterprise software company to bump up its full-year sales and profit forecasts, factoring in a boost in organic growth as well as acquisitions it expects to close this quarter.
Amazon's AWS division "is deploying an addition two million GPUs starting this quarter through the second of FY29," Nvidia CFO Colette Kress said on a conference call after the chip giant's earnings report this afternoon.
CrowdStrike stock climbed amid Q2 earnings and revenue that topped estimates while the cybersecurity firm's October quarter guidance came in above views.
Amazon.com Inc. will add an additional 2 million Nvidia Corp. graphics processing units to its data center fleet in the next two years, a sign that the company remains committed to the AI hardware leader’s products despite its own competitive chipmaking efforts.
Gap reports earnings Thursday after disappointing results sent its stock tumbling, but lowered expectations could give the retailer an opportunity to turn things around.
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Salesforce stock climbed amid Q2 earnings and revenue that beat Wall Street targets while guidance came in above expectations.
Investing.com --Synopsys shares fell in extended trading on Wednesday despite the chip-design software maker delivering third-quarter results above Wall Street expectations and raising its full-year outlook, as investors appeared to focus on the limited upside in its latest forecasts.
The cybersecurity firm posted $1.47 billion in second-quarter revenue and raised its full-year revenue outlook to as much as $6.01 billion
Best Buy had a strong first quarter, and second-quarter earnings will have a tough act to follow in the face of persistent inflation.
Investing.com -- CrowdStrike Holdings Inc. shares climbed more than 9% in after-hours trading Wednesday following stronger-than-expected quarterly results and an increased full-year forecast.
Investing.com -- Salesforce Inc. (NYSE: CRM) crushed Wall Street’s second-quarter expectations, driven by an explosive surge in AI demand and expanding margins that sent shares climbing 11% after hours.
Bloomberg's Hannah Miller joins Dani Burger on "Bloomberg Deals." Paramount has acknowledged that it's considering a wide range of options to settle lawsuits challenging its $110 billion acquisition of Warner Bros. Discovery.
The software company reported $11.35 billion in second-quarter revenue and now expects $46.1 billion to $46.4 billion for the full year
CRM software giant Salesforce (NYSE:CRM) met Wall Street’s revenue expectations in Q2 CY2026, with sales up 10.8% year on year to $11.35 billion. The company expects next quarter’s revenue to be around $11.46 billion, close to analysts’ estimates. Its non-GAAP profit of $5.90 per share was 80.4% above analysts’ consensus estimates.
Salesforce (CRM) reported second quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $5.90, while revenue came in at $11.35 billion (compared to analyst estimates of $11.32 billion). Third quarter revenue guidance came in at $11.42–11.5 billion. Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers.
Gorilla Technology stock collapsed 11% on its earnings filing Tuesday, then did something traders did not expect on Wednesday. The question now is whether the buyers piling back in actually read the same filing that spooked them 24 hours ago.
Dollar Tree earnings and Dollar General earnings are on deck Thursday, with Five Below due next week. On Wednesday, DLTR stock and FIVE stock rose in buy zones. Early Thursday, Dollar Tree and Dollar General will report for the fiscal second quarter.
Bath & Body Works (BBWI) shares jumped Wednesday as the company raised its full-year earnings outloo
CrowdStrike Holdings Inc (NASDAQ:CRWD) set to report fiscal second-quarter results tonight, with Wall Street split on how much of a beat is needed to satisfy investors after the stock's sharp rally this year. Jefferies expects CrowdStrike to post around $310 million in net new annual...
Daraxonrasib, the pill touted by a former member of Congress and cancer patient as a ‘miracle drug,’ has been granted approval in patients with pancreatic adenocarcinoma.
Abercrombie & Fitch Co. shares rallied after revenue topped estimates and the retailer raised its annual earnings guidance, suggesting the preppy apparel company is regaining some momentum even after another quarter of slow sales growth. Bloomberg's Mary Ross Gilbert joined Bloomberg Intelligence to discuss their earnings.
CEO Fran Horowitz discussed ongoing momentum in the business, tariff refunds, and the opportunities ahead.
Abercrombie & Fitch stock took off Wednesday morning. It got a tariff refund boost, but there's more to the story.
A $100 million tariff refund sent Abercrombie surging in a single session while the same catalyst left Kohl's nearly unchanged and Ross investors shrugging. The gap between those reactions reveals something more important than the windfall itself.
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