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Nike Shares Fall on Weak Sales Outlook and Restructuring Plan
The company also said layoffs will begin next year as it forecasts a sharp revenue decline in fiscal 2027.
Nike to Cut Jobs in 2027 as Restructuring Deepens
Nike said fiscal 2027 revenue is expected to decline in the high single digits, sending the stock down 3% after earnings.
Marvell Shares Fall 11% in Five Days After Strong Earnings
Despite topping second-quarter sales and profit estimates, Marvell was sold as investors focused on a tighter near-term margin outlook.
Dell Shares Jump 9% on Strong AI Server Demand
Dell raised its fiscal 2027 revenue and profit outlook as data center hardware drove faster growth in the second quarter.
Palo Alto Networks beats forecasts on AI-driven demand
The cybersecurity company lifted revenue 34% and issued guidance above Wall Street expectations for both the first quarter and the full year.
Deere lifts profit and outlook despite weaker farm equipment demand
The U.S. equipment maker offset farm-sector weakness with stronger demand for construction and lawn equipment in the third quarter of 2026.
Nvidia and earnings lift tech stocks at the open
Technology stocks led U.S. markets at the open, as Nvidia’s upbeat outlook and strong results helped offset losses in other sectors.
Build-A-Bear Shares Slide 18% After Weak Second-Quarter Results
Build-A-Bear cut its full-year sales and pre-tax profit outlook for a second time this year after reporting declines in revenue and profit for the second quarter.
Nvidia Turns Its Balance Sheet Into a Driver of AI Spending
Alongside strong revenue growth, Nvidia is expanding its role in financing AI infrastructure through longer payment terms, guarantees and equity investments.