Browsing Category
Earnings
Broadcom guides to big numbers but investors wanted more. Why we’re OK to
Broadcom on Wednesday evening beat quarterly earnings expectations and provided a strong multiyear revenue forecast for its artificial intelligence custom chip business. Revenue in the fiscal third quarter of 2026, which ended Aug. 2,…
We’re lifting our price target on Palo Alto Networks as AI-driven cyber
Palo Alto Networks on Tuesday night ended its fiscal 2026 on a high note and signaled that the good times will continue in the new year. The numbers and conference call commentary reinforce the essential role of cybersecurity in the…
CrowdStrike’s shows AI is a cybersecurity tailwind, not a threat
Shares of CrowdStrike jumped 10% after the company delivered another beat-and-raise quarter, cementing our thesis that cybersecurity has become one of the most critical investment priorities for companies in a post-Mythos world. Revenue…
How Walmart, Home Depot, Target are using Trump tariff refunds
A Target store in Los Angeles, California, Aug. 19, 2026.Justin Sullivan | Getty ImagesTariff refunds have muddied retailers' earnings reports in recent weeks as Wall Street struggles to parse through the confusion.Most major retailers…
AI buildout is not a zero-sum game
This week's impressive earnings results showed that the AI buildout is not a zero-sum game: both hardware and software stocks can win. The tech-heavy Nasdaq Composite and the S & P 500 gained 0.9% and 0.5%, respectively, while the…
We’re raising our price target on Salesforce after results defy
Salesforce came through in the clutch. The enterprise software giant on Wednesday delivered better-than-expected results for its fiscal second quarter and issued guidance for the current period that makes good on the company's pledge to…
Gap Q2 2026 earnings
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand.Michael Francis, who was appointed the chief customer officer at Old Navy in…
Nvidia wows Wall Street with a strong quarter, eye-popping sales forecast
Nvidia CEO Jensen Huang did it again. The AI chip powerhouse delivered better-than-expected quarterly revenue and earnings that more than doubled the year-ago period. Business is so strong that management felt comfortable enough to…
Anthropic says annualized revenue climbed to $65 billion in July
Anthropic's annualized revenue run rate hit $65 billion at the end of July, CNBC confirmed on Monday, a sevenfold increase from a year ago.The Claude creator, which has seen its enterprise popularity surge, shared the figure in an update…
Why we’re giving off-price retailer TJX a pass for softness in its biggest
TJX Companies shares were dinged Wednesday on softness in the off-price retailer's largest division and a conservative guide. Still, there was a lot to like about the quarter and what management had to say. Revenue in the company's…