News Powered By AI
News Powered By AI
Macy’s reported fiscal second quarter comparable sales growth of 2.7% and raised full-year guidance, with its Bloomingdale’s luxury division posting an 11.3% comparable sales increase as its turnaround strategy gains traction.
Salesforce projected fiscal 2030 revenue exceeding $63 billion, surpassing analyst expectations of $59.2 billion, at its Dreamforce conference this week.
Micron reported quarterly results exceeding expectations, with data center revenue surging 11-fold and guidance topping analyst forecasts as AI demand drives memory chip shortages.
Accenture shares surged 16% after the consulting firm’s fiscal fourth-quarter earnings beat analyst expectations on both earnings per share and revenue metrics.
Lucid Group reported a 6.7% decline in third-quarter vehicle deliveries as the EV maker reduced production to match weaker customer demand under new leadership.
Darden Restaurants shares fell as the company missed quarterly earnings and revenue expectations, with Olive Garden’s same-store sales growth slowing to 1.1%.
