Broadcom delivers strong earnings view as CEO touts growth with AI labs
Broadcom shares rose in extended trading after issuing a strong fiscal year forecast and highlighting expanding business with artificial intelligence research laboratories.
Snowflake spikes 22% on healthy results and AI coding momentum
Snowflake shares surged 22% in extended trading after reporting second-quarter results and guidance that exceeded analyst expectations, driven partly by momentum in its artificial intelligence coding agent.
Nasdaq (NDAQ) Completed the Dasseti Acquisition to Deepen eVestment’s Private-Market Capabilities
Nasdaq completed its acquisition of Dasseti, an AI-powered due diligence platform, integrating it into eVestment to enhance private-market capabilities. The deal’s financial terms were not disclosed.
PVH (PVH) Reaffirmed its Outlook as Tariff Refunds Lifted Margins. Can the Core Business Recover Without the One-Off Benefit?
PVH Corp reported second-quarter revenue declined 3% to $2.097 billion, with gross margin expansion heavily reliant on $107 million in tariff refunds, raising questions about underlying business momentum.
FuelCell (FCEL) Reported $1.3B of Committed Backlog and $2.3B of Awarded Capacity Backlog. How Much Can Become Profitable Revenue?
FuelCell Energy reported $1.3 billion in committed backlog and $2.35 billion in awarded capacity backlog for its fiscal third quarter, though converting these figures to profitable revenue remains uncertain.
Petco (WOOF) Reported Adjusted EBITDA Growth but a $6.8M Tariff Refund Helped the Quarter. Is the Turnaround Self-Funding?
Petco reported adjusted EBITDA growth in the second quarter, though a $6.8 million tariff refund accounted for most of the increase, with underlying growth remaining modest.