Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and…
Author: Arthur Bleemer
Zscaler’s stock rockets as upbeat earnings offer relief to cybersecurity sector
After dropping about 5% in Thursday’s regular session during a software-sector rout, Zscaler’s stock surged 16%…
MongoDB’s stock set to tumble by a quarter as management voices caution
MongoDB took a cautious tone in discussing the year ahead, which is weighing heavily on its…
Costco beats profit and sales forecasts, but stock pulls back from record highs
Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street…
Google to invest $2 billion in Malaysia for AI, data center
Google has committed $2 billion in investments in Malaysia, including building its first data center, a…
HP reduces rate of sales declines while looking ahead to AI PC boom
HP’s CEO says artificial-intelligence PCs could make up 10% of shipments in the second half of…
C3.ai rides ‘intensifying’ wave of AI demand as revenue jumps 20%
Software company reports narrower-than-expected quarterly loss and revenue above Wall Street estimates.
Nutanix offers weaker guidance, and stock drops 11%
Shares of Nutanix Inc. fall more than 12% in the extended session Thursday after a mixed…
Okta lifts its earnings outlook while taking ‘prudent’ view of customers’ budgets
The software company acknowledges some macroeconomic pressures on smaller customers.
UiPath’s stock gets slammed upon CEO’s abrupt exit, big miss on guidance
The company is reappointing co-founder Daniel Dines to be the CEO after he stepped down from…
Cathay General Bancorp gets fresh $125 million buyback program
Cathay General Bancorp said its board had adopted a new $125 million share-buyback program.
Adam Neumann drops plan to buy back WeWork
Adam Neumann has ended his bid to buy back WeWork, five years after he was ousted…