Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Snowflake forecast fiscal 2026 product revenue above analysts’ estimates on Wednesday as the data analytics provider sees rising cloud service growth amid advancements in artificial intelligence, sending its shares up 11% in extended trading. The company also said it has integrated OpenAI‘s models directly in…
Salesforce CEO Marc Benioff appears at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya | Anadolu | Getty Images Salesforce reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast that fell short of analysts’ estimates. The stock price slipped 4% in extended trading. Here’s how the company did in…
The new US director of national intelligence, Tulsi Gabbard, weighed in on the encryption feud between Apple and the UK on Wednesday. In a letter to British lawmakers on Wednesday, she wrote that the UK government’s order for Apple to create a “backdoor” to iCloud users’ accounts is a “clear and egregious violation of Americans’…
Teladoc Health Inc. signage on the floor of the New York Stock Exchange on Dec. 31, 2024. Michael Nagle | Bloomberg | Getty Images Teladoc Health shares fell in extended trading on Wednesday after the company reported a wider loss than analysts expected and issued disappointing quarterly guidance. Here’s how the company did, compared to…
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A Marshalls and HomeGoods store entrance in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty Images Shoppers never know exactly what they will find at a T.J. Maxx, Marshalls, or HomeGoods. Investors, on the other hand, are finding earnings from their parent company rather predictable. Source: www.cnbc.com
An undercover Guardian investigation has revealed that a Labour member of the House of Lords, David Evans of Watford, offered access to ministers during discussions about a commercial deal worth tens of thousands of pounds. Lord Evans was recorded explaining to undercover reporters – who were posing as property developers looking to lobby the government…
Donald Trump has threatened to slap 25% tariffs on the European Union, claiming the 27-country bloc was ‘formed to screw the United States’. Speaking at his first cabinet meeting on Wednesday, the US president said he would soon release details of the latest tariff threat. ‘We have made a decision and we’ll be announcing it…
Shein found two cases of child labour at its suppliers last year after audits of its mostly China-based third-party manufacturers, the company has told British MPs. The disclosure by the online fast-fashion retailer, which is planning an initial public offering in London, was in response to questions from a parliamentary committee. The figure, which is…
Donald Trump has threatened to slap 25% tariffs on the European Union, claiming the 27-country bloc was “formed to screw the United States”. Speaking at his first cabinet meeting on Wednesday, the US president said he would soon release details of the latest tariff threat. “We have made a decision and we’ll be announcing it…
