A sigh of relief is in order. Salesforce shares jumped more than 4% in extended trading Wednesday after the enterprise software giant beat sales and earnings expectations in the second quarter. The company may have maintained its full-year revenue outlook, but that was taken as good enough after last quarter’s debacle. Plus, an increase to its margin forecast showed Salesforce remains committed to profitable growth. Revenue increased 8% year over year to $9.33 billion in the quarter, beating the $9.23 billion expected by analysts, according to estimates compiled by LSEG. Adjusted earnings per share of $2.56 increased 21% on an…
Author: usaeverydaylife
You’ve heard it on the Street — and seen it in the streets. Young consumers are increasingly opting for New Balance sneakers or Adidas Sambas, according to Stifel Financial. That could be the latest hit to struggling Nike shares, according to the investment bank. Nike still reigns supreme and carries the most popular shoe with its Dunk, said analyst Jim Duffy. But he said other areas of Nike’s shoe business are eroding — and chipping away at its market share. Meanwhile, competitors offering bold alternatives are seeing momentum. Stifel’s back-to-school survey shows “consumers embracing newness across a range of trends…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJohn Stoltzfus, Oppenheimer Asset Management, joins ‘Fast Money’ to talk today’s Fed speak, the impact of possible cuts on the markets and more.04:50Fri, Aug 23 20246:13 PM EDT Source link
A man checks the label of a vitamin jar at a Costco Wholesale store in Colchester, Vermont, on April 3, 2024.Robert Nickelsberg | Getty ImagesSmall business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem.At a time when other data points show inflation receding, the National Federation of Independent Business reported Tuesday that its survey showed a reading of 88.5, down nearly a point from February and the lowest since December 2012.A quarter of all respondents reported that rising costs were the biggest problem.”Small business optimism…
A good credit score (FICO scores 670 and above) is essential to qualify for the lowest mortgage rates, snag a stellar credit card bonus and sometimes even land your dream job. Since your credit influences so many major life decisions, it’s important to build credit early and consistently.You can build credit in any number of ways, including opening a credit card, paying eligible bills on time with *Experian Boost™ and getting credit for monthly rent payments.Knowing why credit is so important can help motivate you to work on building a good credit score. Below, we outline a few major benefits…
Republican presidential nominee, former U.S. President Donald Trump speaks during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on August 26, 2024 in Detroit, Michigan.Emily Elconin | Getty ImagesA federal grand jury on Tuesday returned a superseding indictment charging former President Donald Trump with the same offenses that he originally faced in his criminal election interference case in Washington, D.C.The new indictment was filed to conform to guidance from a recent Supreme Court decision granting former presidents “presumptive immunity” for their official acts in office, special counsel Jack Smith said…
In this photo illustration on social platform X, Oasis announce their reunion gigs for next summer on August 27, 2024 in London, England. Leon Neal | Getty Images Entertainment | Getty ImagesLONDON — Liam and Noel Gallagher, the frontmen of British band Oasis, confirmed Tuesday they would put aside a 15-year feud to reunite for a string of shows next year that are expected to generate feverish demand.Oasis announced gigs in Cardiff, Manchester, London, Edinburgh and Dublin across July 4 to Aug. 17, 2025, which they said would be their only European dates next year. Tickets are set to go on…
A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022.Jason Alden | Bloomberg | Getty ImagesBoeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the wide-body aircraft.The company said it discovered the damage to the custom part, which it said is between the engine and the airplane structure, during scheduled maintenance. It has since grounded the three other 777-9 airplanes in its test fleet. No other flight testing was scheduled for the…
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California.Justin Sullivan | Getty ImagesNvidia reported its fourth-straight quarter of triple-digit revenue growth on Wednesday, sailing past estimates on the top and bottom line while also issuing a forecast that topped Wall Street expectations. The company even bolstered its buyback program with a plan to repurchase $50 billion in shares.But the stock dropped 7% in extended trading.That’s life for Nvidia, which has ridden the artificial intelligence boom to a $3 trillion market cap, soaring almost…
Former U.S. President Donald Trump speaks during the NRA ILA Leadership Forum at the National Rifle Association (NRA) Annual Meeting & Exhibits at the Kay Bailey Hutchison Convention Center on May 18, 2024 in Dallas, Texas. Justin Sullivan | Getty ImagesIn a new book of photographs, former President Donald Trump describes his term in office and his post-presidency in his own words, captioning photos of key moments in his political career.The Trump-authored book, titled “Save America,” includes his recollections of meetings with foreign leaders, photos of family milestones and appearances alongside celebrity golfer Jack Nicklaus and musician Kid Rock, according to excerpts obtained…
