earnings News
Broadcom Surges on AI-Fueled Forecast and Dividend Hike
The chipmaker announced strong quarterly results and projected first-quarter AI revenue that could double year-over-year, signaling sustained momentum from artificial intelligence spending.
Mitek Stock Stalls as Strong Earnings Are Undercut by Margin Warning
Shares tread water as a 27.5% EPS beat is overshadowed by projections of lower profitability for fiscal 2026, leaving investors uncertain.
Oracle Shares Tumble 14% as Revenue Miss Clouds Record AI Bookings
Investors focus on slowing top-line growth and hefty AI spending, momentarily overlooking a record $97 billion in future performance obligations.
Oracle Shares Drop as Revenue Miss Overshadows Record AI Backlog
Investors grapple with a slight revenue miss and rising costs against a colossal $523 billion in future business commitments driven by AI demand.
Oracle Shares Slip as Record Bookings Fail to Mask Revenue Miss
The software giant's staggering 438% surge in future contract obligations was overshadowed by a narrow miss on Q2 revenue and weaker-than-expected cloud sales.
Adobe Climbs After Strong Guidance Eases AI Competition Fears
Software giant beats fiscal Q4 estimates and projects double-digit recurring revenue growth for 2026, signaling confidence in its AI-powered product suite.
Daktronics Surges After Strong Earnings and Expanded Buyback
The display maker beat Q2 estimates and reported a 36% jump in its product backlog, signaling strong future demand for its large-scale video systems.
Chewy Shares Climb on Strong Q3 Earnings and Margin Growth
The online pet retailer surpassed revenue and profit estimates, signaling market share gains despite a competitive landscape.