PepsiCo earnings beat estimates, but U.S. demand weakens

Pepsi bottles with new and previous logos are seen at the grocery store in Las Vegas,…

Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness

Nike shoes and logo are seen at a store in Nice, France on May 28, 2024.…

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

Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares…

Oracle shares jump on Google and OpenAI deals despite earnings miss

Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker…

Foot Locker stock surges 13% as turnaround shows signs of life

Foot Locker’s turnaround is starting to bear some fruit.  The sneaker giant saw comparable sales decline…

Salesforce shares plunge 16% on first revenue miss since 2006

Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos,…

Target earnings miss, sales fall as consumers buy fewer groceries and home goods

A customer shops at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle…

Wayfair shares surge 17% after furniture retailer cuts losses by more than $100 million

Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after…

NYCB shares jump after new CEO gives two-year plan for ‘clear path to profitability’

A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer…

Oracle comes up short on revenue but touts AI cloud contracts

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco…

Lululemon ups guidance after ‘strong’ growth in China boosts quarterly sales

A customer enters a Lululemon store on June 02, 2023 in Corte Madera, California. Justin Sullivan…

Best Buy scales back sales outlook as results top expectations

Best Buy on Tuesday surpassed Wall Street’s quarterly sales expectations, but tempered its outlook for the…

Walmart raises full-year earnings forecast as grocery, online growth fuel higher sales

Walmart on Thursday raised its full-year forecast, as the discounter leaned on its low-price reputation to…

Shoppers are spending big at T.J. Maxx, HomeGoods as Target sales slide

Shoppers at a TJ Maxx store in New York. Scott Mlyn | CNBC Cash-strapped consumers may…

Novavax shares jump after Covid vaccine maker posts surprise quarterly profit

Medical syringes and Novavax logo displayed in the background are seen in this illustration photo taken…

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