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