2024-08-31

Shares halted after apparent early release

A Gap store in New York, US, on Monday, May 27, 2024.  Stephanie Keith | Bloomberg | Getty Images Gap raised its full-year profit outlook on Thursday after seeing better-than-expected results at its largest brand, Old Navy. The apparel company’s fiscal second quarter results were released earlier than planned after the company “inadvertently” posted them to its website and…

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2024-08-30

Dollar General (DG) earnings Q2 2024

A sign hangs above a Dollar General store in Chicago on Aug. 31, 2023. Scott Olson | Getty Images Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy. Shares of the retailer, which caters to more rural areas, tumbled 25%…

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2024-08-30

Nvidia (NVDA) shares fall after earnings beat estimates

A binary code is displayed on a laptop screen in the background, while the Nvidia logo is showcased on a phone on April 28, 2024.  Nurphoto | Nurphoto | Getty Images Nvidia shares fell on about 6% Thursday, as the company’s fiscal second-quarter gross margin dipped slightly, and its revenue beat was eclipsed by a backdrop of increasingly lofty…

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2024-08-30

Salesforce (CRM) Q2 earnings report 2025

Salesforce shares rose 4% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook. The company also said Amy Weaver, its chief financial officer, will step down. She will remain at the company as the CFO until a successor is appointed and, after that, will…

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2024-08-29

Warren Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of the Omaha, Nebraska-based conglomerate have rallied more than 28% in 2024, far above…

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2024-08-29

Foot Locker (FL) earnings Q2 2024

Foot Locker on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience continue to bear fruit.  The beleaguered sneaker company’s same-store sales grew 2.6% during its fiscal second quarter, far better than the 0.7% uptick that analysts had expected, according to StreetAccount. Its gross…

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