Salesforce stock rallies on earnings beat, raised outlook

Salesforce Inc. shares rallied in the extended session Tuesday after the cloud-based customer-relationship-management company topped Wall Street estimates for the quarter and hiked its earnings forecast for the year while lowering its revenue guidance. Salesforce CRM, -2.94% shares surged 6% after hours, following a 2.9% decline in the regular session to close at $ 160.24. … Read more

Deere Beats Earnings Estimates and Raises Guidance. The Stock Falls Anyway.

Text size Deere has earned more than expected for 10 consecutive quarters. Mark Hirsch / Getty Images Deere reported fiscal second-quarter earnings that beat Wall Street expectations. Full-year earnings guidance was raised too. The stock fell anyway on Friday. Deere (ticker: DE) reported earnings per share of $ 6.81 from sales of $ 13.4 billion. … Read more

Palo Alto Networks stock rockets more than 10% as cybersecurity company hikes annual guidance a third time

Palo Alto Networks Inc. shares rallied in the extended session Thursday after the cybersecurity company beat the Street’s expectations for the quarter and hiked its full-year guidance for a third time in a row. “We saw strong top-line growth in Q3, which is a testament to our teams’ consistent execution in capitalizing on the strong … Read more

Dow futures up nearly 500 points ahead of retail sales and comments from Fed’s Powell

US stock index futures surged on Tuesday, with the technology sector leading the way higher ahead of a batch of economic data, including April retail sales and comments from several Federal Reserve speakers, including Chairman Jerome Powell later in the session. Walmart’s WMT, + 0.11% earnings are also due Tuesday. How are stock-index futures trading? … Read more

Qualcomm stock rallies more than 6% as handset sales drive record results, strong outlook

Qualcomm Inc. shares rallied in the extended session Wednesday after the chip maker’s record quarterly results and strong outlook blew past Wall Street estimates and the company assured analysts that demand continues to outstrip supply. Qualcomm QCOM, + 1.20% said it expects adjusted earnings of $ 2.75 to $ 2.95 a share in the third … Read more

Tesla’s Earnings Crushed Expectations, Setting More Records. The Stock Is Up.

Tesla’s first-quarter profit was far higher than expected. Above, CEO Elon Musk speaks at the opening party for Tesla’s new factory in Texas. SUZANNE CORDEIRO / AFP / Getty Images Text size Tesla ‘s first-quarter earnings looked surprisingly great. CEO Elon Musk even offered guidance for the rest of 2022. The company essentially beat inflation … Read more