After a slow start, the U.S. stocks finished the week strong, with all three major indexes in the green on Friday and coming away with weekly gains. The Dow Jones Industrial Average had a particularly successful session, notching a new record close.
The Dow Jones...
Target saw its stock plunge by 21% on Wednesday after the retailer reported worse-than-expected third-quarter earnings and lowered the guidance for fiscal 2024.
Unlike its rival Walmart, which reported impressive financial results the day before, Target failed to attract customers to its stores and encourage...
Retail giant Walmart shared the financial report for the third quarter of fiscal 2024 on Tuesday and beat the Wall Street estimates on earnings and revenue. The company’s results were a lot better than expected, causing its stock to reach an all-time high intra-day...
Troubled server maker Super Micro Computer saw its shares soar 16% on Monday and then almost 40% in after-hours trading after the company announced a new auditor and laid out a plan to avoid delisting from Nasdaq.
Super Micro had a rough year that saw...
Investment banking advisory firm Evercore ISI recently shared its top stock picks in the tech sector for 2025. In a note shared with clients last week, Evercore ISI’s analysts identified iPhone maker Apple as well as four other tech stocks worth investing in.
According to...
Networking hardware and software manufacturer Cisco Systems reported first-quarter earnings for fiscal 2025 that beat the estimates of analysts while also raising annual guidance. However, the company’s stock still slipped 2.5% in aftermarket trading as investors were not thrilled with its declining revenue.
Cisco reported...
