Market updates


 Nvidia Reports Strong Quarter Amid Investor Jitters Over AI Boom’s Staying Power

Nvidia Reports Strong Quarter Amid Investor Jitters Over AI Boom’s S...

August 28, 2024 05:43 PM PDT | By EODHD

The AI chip giant said sales in the three months through July more than doubled from a year earlier to $30 billion. Nvidia’s profit also more than dou...

 Berkshire Hathaway Surpasses $US1 Trillion Market Cap: Key Insights and Market Context

Berkshire Hathaway Surpasses $US1 Trillion Market Cap: Key Insights...

August 28, 2024 05:38 PM PDT | By Team Kalkine Media

Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) has achieved a significant milestone, becoming the first non-technology company in the U.S. to surpass a...

 Salesforce CEO on robot sales agents, Microsoft's AI letdowns, and big earnings beat

Salesforce CEO on robot sales agents, Microsoft's AI letdowns, and b...

August 28, 2024 05:20 PM PDT | By EODHD

A bounce-back quarter for Salesforce (CRM). Shares of the SaaS company popped 4% in after-hours trading on Wednesday as it bested Wall Street estimate...

 CrowdStrike’s July Results Bounced Back From Its Software Outage

CrowdStrike’s July Results Bounced Back From Its Software Outage

August 28, 2024 03:49 PM PDT | By EODHD

The cybersecurity company’s share price was hammered after a faulty software update crashed computers around the world. Continue reading View comments

 US senator presses Intel CEO on chips award after job cut plan

US senator presses Intel CEO on chips award after job cut plan

August 28, 2024 03:42 PM PDT | By EODHD

By David Shepardson WASHINGTON (Reuters) - Republican Senator Rick Scott on Wednesday asked Intel CEO Pat Gelsinger for more details on the company's...

 CrowdStrike Cuts Guidance in Wake of Cyber Outage That Hit Millions

CrowdStrike Cuts Guidance in Wake of Cyber Outage That Hit Millions

August 28, 2024 03:31 PM PDT | By EODHD

CrowdStrike cut its outlook for the year and issued downbeat guidance for its current quarter, reflecting the impact of one of the worst computer outa...

 Chipotle Speeds Up CFO Transition After CEO Leaves for Starbucks

Chipotle Speeds Up CFO Transition After CEO Leaves for Starbucks

August 28, 2024 03:29 PM PDT | By EODHD

The company in July had promoted him to the role starting in January, succeeding Jack Hartung, the chain’s longtime financial chief. Hartung, who was...

 AcariaHealth Invests in Free Goods Program, Opening Modern Specialty Pharmacy Facility in Shelby Township, Michigan

AcariaHealth Invests in Free Goods Program, Opening Modern Specialty...

August 28, 2024 02:49 PM PDT | By EODHD

With Second Pharmacy Relocation This Year, AcariaHealth Emphasizes Commitment to Enhancing Patient Care, Empowering Employees, and Engaging Community...

 Salesforce Stock Rises As Earnings, Revenue, Operating Margin Beat

Salesforce Stock Rises As Earnings, Revenue, Operating Margin Beat

August 28, 2024 02:41 PM PDT | By EODHD

Salesforce stock rose after the enterprise software maker reported Q2 earnings, revenue and operating margin that topped estimates. Continue reading V...

 Salesforce Finance Chief Weaver to Step Down

Salesforce Finance Chief Weaver to Step Down

August 28, 2024 02:39 PM PDT | By EODHD

Amy Weaver has decided to step down from her role, but will remain CFO until a successor has been appointed, the company said. Continue reading View c...

 The WSJ Dollar Index Rises 0.36% to 96.25

The WSJ Dollar Index Rises 0.36% to 96.25

August 28, 2024 02:21 PM PDT | By EODHD

1352 GMT – Upcoming U.S. economic data could confirm the labor market is steadily cooling and support the case for Federal Reserve interest-rate cuts...

 Exclusive-Tesla asked Canada for lower tariff on China-made EVs, government source says

Exclusive-Tesla asked Canada for lower tariff on China-made EVs, gov...

August 28, 2024 02:17 PM PDT | By EODHD

By David Ljunggren OTTAWA (Reuters) - Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ott...

 TC Energy Announces South Bow's Closing of $7.9 billion Notes Offering for Liquids Pipelines Spinoff

TC Energy Announces South Bow's Closing of $7.9 billion Notes Offeri...

August 28, 2024 02:13 PM PDT | By EODHD

TC Energy Announces South Bow's Closing of $7.9 billion Notes Offering for Liquids Pipelines Spinoff

 Ford joins growing list of companies changing diversity policies after conservative pressure

Ford joins growing list of companies changing diversity policies aft...

August 28, 2024 02:07 PM PDT | By EODHD

DEARBORN, Mich. (AP) — Ford Motor Co. has joined the ranks of companies that have pulled back on diversity, equity and inclusion policies while facing...

 Is Vrbo’s Nick Saban Ad Trolling Airbnb Rooms?

Is Vrbo’s Nick Saban Ad Trolling Airbnb Rooms?

August 28, 2024 02:01 PM PDT | By EODHD

Legendary college football coach Nick Saban is the intrusive host you never want to run into in a vacation rental. Vrbo/YouTube Vrbo has a new ad feat...

 Murphy Oil Corporation to Participate in Upcoming Conference

Murphy Oil Corporation to Participate in Upcoming Conference

August 28, 2024 02:00 PM PDT | By EODHD

HOUSTON, August 28, 2024--(BUSINESS WIRE)--Murphy Oil Corporation (NYSE: MUR) today announced that Roger W. Jenkins, Chief Executive Officer, will pre...

 Prospect Capital: Fiscal Q4 Earnings Snapshot

Prospect Capital: Fiscal Q4 Earnings Snapshot

August 28, 2024 01:54 PM PDT | By EODHD

NEW YORK (AP) — NEW YORK (AP) — Prospect Capital Corp. (PSEC) on Wednesday reported earnings of $29.6 million in its fiscal fourth quarter. On a per-s...

 Five Below Fiscal Q2 Adjusted Earnings Fall, Sales Rise; Updates Fiscal 2024 Outlook; Shares Up After Hours

Five Below Fiscal Q2 Adjusted Earnings Fall, Sales Rise; Updates Fis...

August 28, 2024 01:50 PM PDT | By EODHD

Five Below Fiscal Q2 Adjusted Earnings Fall, Sales Rise; Updates Fiscal 2024 Outlook; Shares Up After Hours

 Okta Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Outlook Raised

Okta Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Outlook...

August 28, 2024 01:40 PM PDT | By EODHD

Okta Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal 2025 Outlook Raised

 Reddit resolves outage that hit thousands of users

Reddit resolves outage that hit thousands of users

August 28, 2024 01:40 PM PDT | By EODHD

(Reuters) - Social media platform Reddit said on Wednesday it was investigating an outage that has affected thousands of users in the U.S. Downdetecto...

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