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Retailers have applied tariff refunds to their finances in varying ways, with some lowering prices for consumers while others boosted shareholder earnings, creating confusion for Wall Street analysts.
Snowflake shares surged 22% in extended trading after reporting revenue growth of 35% year-over-year and raising its full-year product revenue guidance, driven by momentum in its AI coding agent.
Oracle reported 30% revenue growth for the latest quarter, beating estimates, driven by strong cloud infrastructure demand amid artificial intelligence buildout. The company now carries $125 billion in debt funding its data center expansion.
Salesforce issued a fiscal 2030 revenue forecast exceeding $63 billion, surpassing analyst expectations of $59.2 billion, during its Dreamforce conference.
J.B. Hunt shares declined 13% after the trucking company projected third-quarter earnings would fall 5% to 10% due to elevated recruitment and fuel costs.
Dell Technologies shares surged 9% in extended trading after reporting second-quarter results and raising full-year fiscal 2027 guidance, citing strong demand for AI servers and infrastructure products.
