quarterly sales

Lowe’s sees sales drop, cuts 2024 outlook as consumers put off home improvement projects

Lowe’s sees sales drop, cuts 2024 outlook as consumers put off home improvement projects

Business
Jessica Roberts

The sluggish home improvement backdrop brought on by high interest rates hammered Lowe’s (LOW) second quarter P&L. Lowe’s reported on Tuesday that ...

Eli Lilly raises annual forecasts as weight-loss drug quarterly sales cross  billion

Eli Lilly raises annual forecasts as weight-loss drug quarterly sales cross $1 billion

Business
Jessica Roberts

(Reuters) -Eli Lilly on Thursday raised its annual profit forecast and boosted its revenue expectations by $3 billion, as it benefited from ...

Why Super Micro Computer Stock Is Surging Today

Why Super Micro Computer Stock Is Surging Today

Business
Jessica Roberts

Super Micro Computer (NASDAQ: SMCI) stock is making big gains in Thursday’s trading. The company’s share price was up 10% as of ...

Super Micro Sales Fail to Clear High Investor Expectations

Super Micro Sales Fail to Clear High Investor Expectations

Business
Jessica Roberts

(Bloomberg) — Super Micro Computer Inc. reported quarterly sales that tripled from the same period last year but fell slightly short of ...

Super Micro shares surge as sales projection fuels AI rally

Super Micro shares surge as sales projection fuels AI rally

Business
Jessica Roberts

(Reuters) — Super Micro Computer’s stock jumped over 10% to a record high in premarket trade on Tuesday, extending its recent AI-fueled ...

Oracle Reports Disappointing Sales on Slowing Cloud Momentum

Oracle Reports Disappointing Sales on Slowing Cloud Momentum

Business
Jessica Roberts

(Bloomberg) — Oracle Corp. reported slowing quarterly sales growth in its cloud computing business, fueling investor fears that the software maker’s expansion ...