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Nike warns of guidance cut as it posts slowest annual sales gain in 14 years

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024.Jakub Porzycki | Nurphoto | Getty ImagesNike's exact guidance...

Nike warns of guidance cut as it posts slowest annual sales gain in 14 years

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024.Jakub Porzycki | Nurphoto | Getty ImagesNike on Thursday...

Levi’s shares drop 15% as denim maker’s sales disappoint

Levi's posted better-than-expected earnings as its direct sales to consumers and cost cutting continue to bear fruit. The company raised its dividend by 8%...

FedEx shares jump after hours as massive cost-cutting measures kick in

Earnings per share: $5.41 adjusted vs. $5.35 expectedRevenue: $22.11 billion vs. $22.07 billion expectedThe company reported net income for the three-month period that ended...

Tesla shares drop 6% on weak auto revenue, warning of slower growth in 2024

Elon Musk, CEO of Tesla, speaks at the Atreju political convention organized by Fratelli d'Italia (Brothers of Italy) in Rome, Italy, on Dec. 15,...

Adobe shares soar 17% on better-than-expected results

Earnings per share: $4.48 adjusted, vs. $4.39 expectedRevenue: $5.31 billion vs. $5.29 billion expectedAdobe's revenue grew 10% year over year in the quarter, which...

Oracle shares jump on Google and OpenAI deals despite earnings miss

Earnings per share: $1.63 adjusted vs. $1.65 expectedRevenue: $14.29 billion, vs. $14.55 billion expectedOracle's revenue increased 3% year over year during the quarter, which...

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