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Macy’s posted 2.7% comparable sales growth in fiscal Q2 and raised full-year guidance, with its Bloomingdale’s division surging 11.3% as the turnaround strategy gains momentum.
Salesforce issued a fiscal 2030 revenue forecast exceeding $63 billion at its Dreamforce conference, surpassing analyst estimates of $59.2 billion amid renewed optimism about artificial intelligence integration.
Micron posted stronger-than-expected earnings and issued upbeat guidance, with data center revenue surging as AI infrastructure demand drives memory chip shortages and price increases.
Accenture shares jumped after fiscal fourth-quarter earnings beat consensus estimates, with the consulting firm reporting $3.29 EPS and $18.68 billion in revenue.
Lucid Group reported a 6.7% decline in year-over-year vehicle deliveries during the third quarter after reducing production to match weaker customer demand, delivering 3,806 electric vehicles.
Oracle’s stock rose 4% in extended trading after the company reported fiscal first-quarter earnings that beat expectations, driven by more than doubling cloud infrastructure revenue to $7.4 billion.
