Palo Alto Networks stock jumps after company lifts full-year forecast
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
Tencent profits plunge as Chinese tech giant grapples with Covid lockdowns, regulation
China's Covid lockdowns have hurt advertiser sentiment, while Tencent's ad business has also taken a knock from competition from rivals.
Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss
Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.
Cisco stock plunges as company forecasts surprising revenue decline
Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia...
Bath & Body Works shares fall as retailer cuts profit outlook due to inflation
Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.
Shares of Shopee-owner Sea surge 14% after stronger-than-expected revenue
Southeast Asian tech giant Sea's shares rebounded, but its e-commerce site could slow due to macro uncertainties.
Target shares sink 25% after company says high costs, inventory woes hit profits
The big-box retailer said it saw a healthy customer, but a shift to experience-based purchases, such as toys for birthday parties and luggage for trips.
Lowe’s sales decline as cool spring weather weighs on demand for outdoor products
The home improvement retailer's profit topped Wall Street estimates for the quarter, even as sales missed the mark.