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JC Penney is tumbling as guidance disappoints and cold weather weighs on sales

J.C. Penney misses on sales estimates, a result of this year's longer winter. Shares tumble more than 14% in pre-market trading as a result. The company met its loss of $0.22 a share estimate, but guidance for next quarter came in conservative.

Walmart beats as online sales surge

America's largest brick-and-mortar retailer said e-commerce sales surged by 33% compared with the same period last year.

Tencent’s business is about as big as Facebook’s thanks to its stronghold in China

Tencent’s social media platforms are to China as Facebook’s are to the rest of the world and yet the companies are similar in their financial outputs.
Athony Ross searches for an item for a customer at a Home Depot store on March 24, 2015 in Chicago, Illinois. The Labor Department reported the consumer-price index rose a seasonally adjusted 0.2% in February from a month earlier, the first rise since October and the largest increase since June.

Home Depot is sliding after a long winter weighed on spring sales

Home Depot shares are falling more than 4% in pre-market trading after the company released its first-quarter earnings results. While it beat on earnings, the company missed on revenue and same-store sales. The company said colder temperatures weighed on results.

Eight weeks after the Cambridge Analytica scandal, Facebook’s stock price bounces back to where it was before the controversy

When the news broke on March 16 that the analytics company had been harvesting data from tens of millions of Facebook profiles to influence the election, Facebook's stock price took a nosedive. As of May 10, it's back to where it was.
Dropbox CEO Drew Houston

Dropbox is sinking even though it just beat Wall Street’s targets in its first-ever earnings report

Dropbox reported $316 million in quarterly revenue, while analysts expected $308.7 million. The company also reported $0.08 in earnings per share, while analysts expected $0.05.

Fortnite is great for the video-game industry, Electronic Arts says

Electronic Arts posts strong quarterly results and an earnings beat, proving Fortnite competition has limited impact. The company, known for FIFA and Battlefield, told analysts that the emergence of Fortnite is not a threat but a strength to the company and the video game industry.

Weight Watchers scores an earnings ‘home run’ with its Freestyle program

Weight Watchers International, which made a comeback in 2015 with the help of Oprah Winfrey, has picked up celebrity spokesmen Kevin Smith, DJ Khaled and Chef Eric Greenspan for its new Freestyle program. Analysts called it a "home run" after earnings.

Alibaba beats and says it expects sales to surge next year

Alibaba beat Wall Street estimates on both the top and bottom lines, earning an adjusted 5.73 yuan per share as revenue spiked 61% versus a year ago to 58.96 billion yuan.