IAM Newswire

Last week, GameStop (NYSE: GME) surprisingly topped revenue estimates for its third quarter. However, the video game retailer widely missed analysts' earnings guidance. Once again, it limited its earnings conference call to just management's prepared remarks, without allowing Wall Street to...

Last week ended with all three major indexes posting gains, with the Dow even making the biggest weekly percentage gain in 40 weeks. Whether Santa Claus will be making its magic all the way greatly depends on Fed who will be announcing its concluded policy after a two-day meeting. Lennar...

On December 6th, the Japanese giant revealed it is building a $1.3 billion battery plant in the US, more precisely, North Carolina. Toyota Motor Corporation (NYSE: TM) is doing its best to make up for lost time, but its newest production stoppages caused by supply chain disruptions are putting it...

On Tuesday after the bell, Stitch Fix Inc (NASDAQ: SFIX) topped fiscal first-quarter expectations by reporting a narrower-than-expected loss and beating analysts' sales expectations as sales were fueled by new customers of its direct-buy option. However, the online shopping and styling company...

On Friday, DocuSign (NASDAQ: DOCU) saw its shares plummet more than 42% after providing a rather weak outlook despite the e-signature software maker beating expectations for its reported quarter. However, it did recover a bit on Monday thanks to famed growth investor Cathie Wood. Wood's several...

Last Thursday, shares of Snowflake Inc (NYSE: SNOW) jumped more than 15% after the data-analytics software surpassed analyst expectations and delivered outstanding growth metrics in its fiscal 2022 third-quarter report. Third Quarter Results For the quarter that ended on October 31st, revenue...

Salesforce.com Inc (NYSE: CRM) has had the worst day since COVID-19 started its relentless march across the globe due to disappointing guidance. Despite profit and revenue for the reported quarter exceeding expectations, its shares dropped 12% whereas the time the stock had its worst day was March...

On Tuesday's annual general meeting, shareholders voted for Microsoft Inc (NASDAQ: MSFT) to publish a report on the effectiveness of its workplace sexual harassment policies in what was a rare win for activists two decades after the board's investigation into co-founder Bill Gates...

On November 24th, Autodesk Inc (NASDAQ: ADSK) showed its business is still resilient but despite exceeding expectations for the reported quarter, its stock plummeted 15% due to mixed fourth-quarter guidance. Healthy Headline Numbers The design software company's core businesses are still...

Last week ended with the Dow Jones Industrial Average suffering its worst day of the year and the S&P 500 had its biggest drop since October 2020 as fears surrounding a new, heavily-mutated variant of Covid-19 spread. The Nasdaq also had its worst weekly performance since February so all in all...

As companies continue committing funds to lure employees back into offices by improving their experience, PC demand keeps on going strong. During Tuesday's extended trading, HP Inc's (NYSE: HPQ) shares jumped 8% after the computer hardware maker reported better-than-expected quarterly...

The legendary Blue Oval has its eyes set to become the biggest US-based EV manufacturer. To pull that off, Ford Motor (NYSE: F) needs to greatly ramp up its production so it doesn't come as a surprise that the company is now expecting to produce 600,000 EVs per year globally by end of 2023,...

Last Thursday, the all-mighty Chinese multinational technology company missed revenue and earnings expectations for the September quarter. Moreover, Alibaba Group Holdings Limited (NYSE: BABA) warned of weaker growth this year as China's economy slows and Beijing continues its regulatory...

Although General Motors (NYSE: GM) brought nothing to the LA Motor Show, it will begin its GMC Hummer deliveries just in time for Christmas. The brand's chief said on November 23rd that deliveries will begin in December. Also, the automaker revealed that President Joe Biden's last week'...

On Monday after the close, Zoom Video Communications (NASDAQ: ZM) exceeded analysts' estimates for its fiscal third quarter, along with issuing better-than-expected guidance, somewhat easing concerns of the expected revenue slowdown in a post-pandemic world. Quarter Results For the quarter...