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Earnings

Oracle stock poised for steepest drop since 2002 on weak forecast

by Walter Watson
Oracle stock poised for steepest drop since 2002 on weak forecast

Oracle chief technology officer Larry Ellison speaks at a company event in Redwood Shores, Calif., on Aug. 7, 2018. Oracle livestream screenshot Oracle shares plummeted more than 12% on Tuesday …

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How Luckin Coffee overtook Starbucks in China

by Ron Morgan
How Luckin Coffee overtook Starbucks in China

SHENZHEN, CHINA – 2020/10/05: Chinese coffee shop chain Luckin Coffee logo seen at a store. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images …

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Oracle (ORCL) Q1 earnings report 2024

by Walter Watson
Oracle (ORCL) Q1 earnings report 2024

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares moved 9% lower …

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What China slowdown? Three Chinese companies making big money globally

by Walter Watson
What China slowdown? Three Chinese companies making big money globally

More Chinese companies are becoming global players. BYD and other Chinese electric car brands flocked to a German auto show in the last week to announce plans for the European …

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Kroger (KR) earnings Q2 2023

by Anas Siddiqui
Kroger (KR) earnings Q2 2023

Good news for consumers could be bad news for Kroger. As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are sagging. On Friday, the company …

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How much shrink and retail theft cost Lowe’s, Target, Macy’s

by Anas Siddiqui
How much shrink and retail theft cost Lowe’s, Target, Macy’s

A range of retailers are again blaming shrink as one of the reasons they saw another quarter of lackluster profits. But some of those companies have started to offer more …

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Roku to lay off 10% of workforce, stock jumps

by Anas Siddiqui
Roku to lay off 10% of workforce, stock jumps

Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 …

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Dell’s stock has best day since its relisting in 2018 on earnings beat

by Walter Watson
Dell’s stock has best day since its relisting in 2018 on earnings beat

Michael Dell David A. Grogan | CNBC Dell shares surged 21.3% Friday, their best day since the company returned to the public market in 2018. The rally followed a better-than-expected …

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Dell’s stock has best day since its relisting in 2018 on earnings beat

by Walter Watson
Dell’s stock has best day since its relisting in 2018 on earnings beat

Michael Dell David A. Grogan | CNBC Dell shares surged 21.3% on Friday, their best day since the company returned to the public market in 2018. The rally followed a …

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SentinelOne CEO says the cybersecurity company is not for sale

by Edgar Davis
SentinelOne CEO says the cybersecurity company is not for sale

SentinelOne CEO Tomer Weingarten at the New York Stock Exchange. Source: NYSE SentinelOne, a cybersecurity company that went public in 2021 and has yet to see its stock price exceed …

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