Posts by CNBC (old posts, page 44)
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."
Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment'
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."
Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
Inflation in Russia hit 8.3% in the first quarter of the year, with the effects of the war in Ukraine continuing to be felt in the economy.
We're lifting our price target on Broadcom after its AI business impresses once again
Expectations were high coming into Thursday's earnings release, so the stock's pullback is hardly a surprise.
Broadcom beats on earnings and revenue
Broadcom’s artificial intelligence business is at the center of the company’s recent boom.
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs.
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs.
Walmart plans to expand drone deliveries to three more states
The big-box retailer has already tested drone deliveries in Arkansas and expanded them in the Dallas-Forth Worth area.
Friday's jobs report likely will show hiring cooled in May. Here's what to expect
Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm payrolls numbers, they will show a gain of just 125,000.
MongoDB close up 13% after company boosts guidance, cites confidence in cloud-based database service
The company also boosted its share buyback plan by $800 million to $1 billion.