Palo Alto Networks tops earnings as AI fuels cybersecurity urgency
Palo Alto Networks surpassed Wall Street's fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools.
Asset Mgmt
Victoria's Secret shares spike 40% after big earnings beat, raised sales outlook
Shoppers may be feeling gloomy about high prices at the pump, but they're still shelling out for new bras and underwear at Victoria's Secret.
HPE surges 19% after Monday's blowout earnings, closing its best day ever
CEO Antonio Neri told CNBC's "Squawk on the Street" on Tuesday that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.
HPE skyrockets 30% on biggest earnings beat since 2018
Overall Cloud & AI revenue came in at $7.71 billion, topping the StreetAccount estimate of $6.87 billion, but it was the company's server unit that really impressed. Server revenue, which is a sub-div…
Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides
The "SaaSpocalypse" may not be over. But for now at least, fears of software's demise have cooled.
Dell shares jump 39% after server maker reports fastest sales growth since return to public market in 2018
Dell reported its fastest pace of revenue growth for any period since its return to the public market more than seven years ago, and topped analysts' estimates for sales and profit. The stock climbed …
SentinelOne stock drops 8% as cyber firm trims headcount to boost AI investments
SentinelOne shares sank 8% as the cybersecurity company laid off 8% of its full-time workforce to focus on artificial intelligence and data investments.
Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance
Sales at Gap's largest brand Old Navy fell short of expectations during its fiscal first quarter, leading the retailer to cut its sales guidance on Thursday.
Okta jumps 8%, tops first-quarter results on agentic AI demand
Okta beat Wall Street's fiscal first-quarter estimates after the bell on Thursday as demand for identity security tools spikes with the onslaught of agentic artificial intelligence.
American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads
Revenue at the retailer's namesake banner fell during its fiscal first quarter, even after it ramped up its marketing campaign with actress Sydney Sweeney. Meanwhile, sales at its intimates brand Aeri…
Costco says it saw 'record-breaking' gas volumes amid rising prices
Costco Wholesale on Thursday said it saw "record-breaking volumes" for gas in its fiscal third quarter amid rising fuel prices.