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Intuit boosts forecast after big tax season and AI advances. Shares are rallying
Intuit Inc. increased its annual financial expectations due to strong quarterly results driven by robust tax submissions, growth in business segments, and the integration of advanc...
Read Full Article →Barclays revises forecast for closely watched junk-bond measure after trade war cools
Barclays has adjusted its outlook for a key high-yield debt indicator, reflecting potential impacts on investor risk appetite and credit spreads amid easing trade tensions.
Read Full Article →DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally
DraftKings reported a smaller-than-anticipated quarterly loss but indicated that fewer surprising game results during March limited its ability to improve revenue projections for t...
Read Full Article →Lyft stock rises on bigger buyback, strong outlook for demand
Lyft's decision to expand its stock repurchase program, coupled with a slightly better-than-expected second-quarter demand forecast, reflects the company's optimistic financial pos...
Read Full Article →Upstart tumbles on second-quarter outlook, even as its full-year forecast gets more upbeat
Upstart Holdings Inc. experienced a sharp decline in stock value following its announcement of a disappointing second-quarter performance, despite projecting improved financial res...
Read Full Article →Super Micro cuts its outlook once again, now acknowledging possible tariff impacts
Super Micro revised its financial projections downward for both the fiscal year and current quarter, indicating potential challenges related to tariffs that may affect its overall...
Read Full Article →Palantir earnings show ‘ferocious growth’ fueled by AI
Palantir’s increased revenue guidance following a strong quarterly performance highlights the company’s expanding market presence and the growing impact of advanced technology on i...
Read Full Article →Mattel says zero tariffs on toys are better for a child’s development, as it plans price increases a...
Mattel's decision to increase prices and reduce dependence on Chinese manufacturing reflects efforts to manage costs amid trade tensions, leading the company to temporarily suspend...
Read Full Article →Meta’s blowout earnings show why investors shouldn’t sweat a boost to AI spending
Meta's increased capital expenditure forecast reflects its strong revenue growth, indicating that the company can sustainably support its investments in artificial intelligence wit...
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