Tag: business news

2024-09-02

Intel shares up 8%, chipmaker working with Morgan Stanley

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Business

Patrick Gelsinger, chief executive officer of Intel Corp., speaks during the Intel Innovation Taipei technology forum in Taipei, Taiwan, on Tuesday, Nov. 7, 2023.Intel last month predicted a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Photographer: I-Hwa Cheng/Bloomberg via Getty Images I-Hwa Cheng | Bloomberg…

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2024-09-02

Ulta earnings Q2 2024

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Business

Ulta Beauty shares sank 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. It was the company’s first earnings per share miss since May 2020 and first revenue miss since December 2020. Comparable sales for the second quarter fell…

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2024-09-01

Cord cutters getting political ad blitz as campaigns flood Roku, Hulu

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Business

Vice President Kamala Harris, left, and former President Donald Trump Reuters Consumers who cut their cable cord in recent years are finding that there’s one thing about linear TV they can’t escape: political ads. With the U.S. presidential election less than 70 days away, campaigns are swarming streaming services like Roku and Hulu to such a degree that connected…

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2024-09-01

Lululemon (LULU) earnings Q2 2024

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Business

Lululemon lowered its guidance and posted its first revenue miss in more than two years on Thursday after it botched a highly anticipated product launch and growth slowed in the Americas.  The company now expects full-year net revenue to be between $10.38 billion and $10.48 billion, down from a previous range of between $10.7 billion and $10.8 billion. Lululemon anticipates…

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2024-09-01

Dell earnings report Q2 2025

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Business

Michael Dell at the Allen & Company Sun Valley Conference on July 12, 2024 in Sun Valley, Idaho. David Grogan | CNBC  Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales. The stock rose more than 3% in extended trading. Here’s how the company did for the fiscal second quarter…

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