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club earnings

Blistering AI demand drives a beat and raise

by Adrian Jhonsan
Blistering AI demand drives a beat and raise

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also …

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Categories World

Costco (COST) shares dip despite earnings beat. We see no cause for concern

by Adrian Jhonsan
Costco (COST) shares dip despite earnings beat. We see no cause for concern

Costco Wholesale ‘s third-quarter earnings topped Wall Street expectations on Thursday, driven by higher sales and lower-than-expected operating expenses. Even with a recent C-Suite transition, Costco delivered a business-as-usual quarter, …

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Categories World

Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp takes hold

by Adrian Jhonsan
Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp takes hold

Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon’s turnaround plan is starting to pay off. The sneaker retailer isn’t out of the woods …

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Categories World

Nvidia crushes earnings expectations, charts continued AI dominance

by Adrian Jhonsan
Nvidia crushes earnings expectations, charts continued AI dominance

In what was the most anticipated quarter this earnings season, Nvidia far outpaced lofty expectations on the top and bottom lines. Even better was a big revenue guide and a …

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Categories World

Marshalls owner TJX jumps after earnings — what investors love about the report

by Adrian Jhonsan
Marshalls owner TJX jumps after earnings — what investors love about the report

TJX Companies shares climbed to an all-time high Wednesday after reporting better-than-expected fiscal first-quarter results Wednesday. The report showcased the off-price retailer’s appeal to bargain-hunting shoppers and prompted us to …

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Categories World

We’re raising our price target on Apple after earnings beat and raise

by Adrian Jhonsan
We’re raising our price target on Apple after earnings beat and raise

Apple did it again: Despite all the worries about China, the consumer tech giant hit back with beats on the top and bottom lines, sending shares up 6% in after-hours …

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Categories World

Coterra’s smart production pivot leads to an excellent quarter, sweeter outlook

by Milton Acorn
Coterra’s smart production pivot leads to an excellent quarter, sweeter outlook

Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding’s nimble production strategy is the right one for shareholders. Revenue in the three months …

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Categories Science

Estee Lauder is punished for its light guidance. Here’s why we are not joining the sellers

by Adrian Jhonsan
Estee Lauder is punished for its light guidance. Here’s why we are not joining the sellers

Estee Lauder tumbled Wednesday as investors focused on the company’s weak fiscal fourth-quarter outlook instead of its strong third-quarter numbers. We’re looking deeper and believe that business fundamentals and profit …

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Categories World

Starbucks gets a price target cut after a brutal quarterly miss and light guidance

by Adrian Jhonsan
Starbucks gets a price target cut after a brutal quarterly miss and light guidance

Starbucks shares plummeted Tuesday evening by roughly 11.5% after the coffee giant delivered a much weaker-than-expected quarter. The company also cut its outlook for fiscal 2024, leaving little room for …

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Categories World

Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

by Shawn Butlere
Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

Eli Lilly ‘s raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. The numbers leave little doubt that the long-term Eli Lilly …

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Categories Health
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