by Leland Li | Jan 29, 2025 | Uncategorized
Starbucks (SBUX) saw its stock rise over 8% during Wednesday’s trading session, despite reporting weaker-than-expected global same-store sales for the fourth quarter. The company’s global same-store sales dropped by 7% year-over-year, driven by an 8% decline in...
by Jessica Gwathney | Nov 20, 2024 | AI, Investing News, Market News, Products, Stock Market, Technology
Nvidia reported stronger-than-expected earnings after the market closed on Wednesday, continuing to benefit from the ongoing artificial intelligence (AI) boom. The company posted impressive results for the quarter ending on October 27, with revenue of $35.08 billion,...
by Ming Mui | Aug 29, 2024 | Market News, Products, Retail, Stock Market
American Eagle Outfitters Inc. (NYSE: AEO) has once again fallen short of its sales targets, marking the second consecutive quarter where the company failed to meet revenue expectations. Despite this, the retailer reported a remarkable 60% increase in profits,...
by Natalie Matejkova | Aug 28, 2024 | AI, AI, Financial Buzz Reports, Investing News, Market News, Stock Market, Technology
Nvidia has exceeded Wall Street’s expectations for its second-quarter financial performance, reporting earnings that topped both revenue and earnings per share (EPS) estimates. For the quarter, Nvidia posted EPS of $0.68 on revenue of $30 billion, surpassing...
