Tag: Business

Here’s how data centers became a billion-dollar real estate investment

The U.S. is home to the majority of the world's data centers, with more than 2,800. The closest nation after that is the...

This 29-year-old from one of London’s poorest neighborhoods became a millionaire after selling his influencer marketing firm

Timothy Armoo, co-founder and former CEO of Fanbytes.Timothy ArmooTimothy Armoo is a 29-year-old millionaire who became rich by selling his influencer marketing firm...

MongoDB shares surge 15% on guidance boost

Dev Ittycheria, CEO, MongoDB.Scott Mlyn | CNBCMongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker...

Ulta misses Wall Street expectations, trims guidance after quarterly sales decline

An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024. Yuki Iwamura | Bloomberg | Getty ImagesUlta Beauty shares fell 7%...

Lululemon cuts guidance, misses sales estimates after botched product launch

Signage at a Lululemon store in New York, US, on Thursday, Aug. 22, 2024. Lululemon Athletica Inc. is scheduled to release earnings figures...

Dell beats estimates as server sales soar 80%, riding AI wave

Michael Dell at the Allen & Company Sun Valley Conference on July 12, 2024 in Sun Valley, Idaho. David Grogan | CNBC Dell reported quarterly...

Intel CEO Gelsinger says he respects ‘skepticism’ from investors as chipmaker’s struggles persist

Pat Gelsinger, chief executive officer of Intel Corp., holds a wafer as he speaks at the Computex conference in Taipei, Taiwan, on Tuesday,...

GM folding its all-electric BrightDrop vans into Chevrolet brand

Brightdrop EV600 vanSource: BrightdropDETROIT – General Motors is folding its all-electric BrightDrop commercial vans into the Chevrolet brand in an attempt to increase...

Gap shares halted after apparent early earnings release

Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024. Nurphoto | Nurphoto | Getty ImagesGap shares...

American Eagle saw profits grow nearly 60% as costs come down

A shopper walks past the American clothing and accessories retailer American Eagle store in Hong Kong.Budrul Chukrut | Lightrocket | Getty ImagesAmerican Eagle...

Best Buy raises full-year profit guidance after earnings and revenue beat

People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.Spencer Platt | Getty ImagesBest...

Nvidia’s earnings report shows the problem of being priced for perfection

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in...

CrowdStrike beats quarterly consensus but lowers full-year guidance

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Martina Albertazzi |...

Salesforce beats earnings estimates, president and CFO Amy Weaver to step down

Salesforce chair and CEO Marc Benioff speaks at the World Economic Forum in Davos, Switzerland on Jan. 18, 2024.Fabrice Coffrini | AFP |...

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