Deckers ran low on Uggs and tried to catch up with demand through last year. But now, after strong demand and a stronger willingness to pay full price, the amount of Uggs to sell
Wall Street analysts don’t expect the same performance in Lazard’s results, due out Thursday. Analysts expect the bank to report net income of $48 million on a U.S. GAAP basis, a 25% drop from a year earlier.
Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
The Atlanta homebuilder logged net income of $913.2 million, or $4.43 a share, compared to about $711 million, or $3.28 a share, a year earlier. Analysts polled by FactSet expected $3.26 a share. Revenue rose to $4.92 billion from $4.29 billion. Analysts polled by FactSet expected $4.64 billion.
The company has heavily advertised AI features since the latest iPhones were released in September.
Microsoft said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artif
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
The tech-heavy Nasdaq Composite index slid 3.5 per cent shortly after the opening bell, while the broader S&P 500 fell about 2 per cent. Nvidia, which surged last year on bets that Big Tech companies would require vast numbers of advanced chips to power their AI models, sold off by 13 per cent.
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s most influential companies