KLA 2Q Revenue Outpaces Guidance After AI Investment Boost
KLA's profit rose in its second quarter and revenue hit the upper end of what the company had previously expected. Shares increased about 4% to $771.10 after markets closed. The stock is up 24% over ...
Apple Stock Reacts to Earnings
Apple shares traded near flat in postmarket trading after the company reported better than expected earnings, but said that iPhone sales fell in the December quarter. Apple reported that iPhone sales ...
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Visa, Mastercard Notch New Record Highs With Earnings Beats
Mastercard stock climbed on its Q4 results, revenue guidance. Dow Jones rival Visa, also hit a new record and topped estimates.
UPS to cut its Amazon business by more than 50%. Here's why.
Considering that Amazon (AMZN) accounted for 11.8% of UPS's total revenue for the year, which translates to roughly $10.7 billion, it didn't help that the delivery giant also resumed its pattern of ...
Intel shows signs of progress in the face of another revenue decline
Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin number, signaling some financial recovery in the business as Chips Act money ...