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    Sep 1, 2025
    • Marvell Technology Inc. gained 0.2% to $63 after the semiconductor provider's net income swung to a profit from a year ago in the fiscal second quarter ending on August 2.

      Consolidated revenue advanced 58% to $2 billion from $1.27 billion, net income swung to a profit of $194.8 million from a loss of $193.3 million, and diluted earnings per share rose to an income of 22 cents from a loss of 22 cents a year ago.

      Marvell guided third-quarter revenue to be $2.06 billion and diluted earnings per share to be $2.03 with a band of 5 cents, with adjusted diluted earnings per share between 74 cents with a band of 5 cents.

      "Marvell's growth is being fueled by strong AI demand for our custom silicon and electro-optics products, as well as a significant increase in the pace of recovery in our enterprise networking and carrier infrastructure end markets. 

      Our custom AI design activity is at an all-time high, with the Marvell team now engaged in over 50 new opportunities across more than 10 customers," said Matt Murphy, Marvell's Chairman and CEO.
      • Aug 29, 2025
      • Dollar General Corp. fell 0.4% to $111.25 after the discount retailer reported a 9% rise in earnings in the fiscal second quarter ending on August 1.

        Consolidated revenue inched higher to $10.7 billion from $10.2 billion, net income climbed to $411 million from $374 million, and diluted earnings per share soared to $1.86 from $1.70 a year ago.

        The discount retailer estimated fiscal 2025 net revenue to increase between 4.3% and 4.8%, same-store sales to rise between 2.1% and 2.6%, and diluted earnings per share to be between $5.80 and 6.30.

        The company’s financial guidance continues to assume no share repurchases in fiscal year 2025 and an effective tax rate of 23.5%. 

        The company's board declared a quarterly cash dividend of $0.59 per share, payable on October 21 to shareholders on record on October 7.

        The company reiterated its plans to execute approximately 4,885 real estate projects in fiscal year 2025, including opening approximately 575 new stores in the U.S. and up to 15 new stores in Mexico. 

        The retailer plans to remodel approximately 2,000 stores through "Project Renovate" and 2,250 stores through "Project Elevate," and relocate approximately 45 stores.
        • Dell Technologies Inc. fell 5.3% to $127 despite the computer products and services provider reporting a rise in net income in the fiscal second quarter ending on August 1.

          Consolidated revenue increased 19% to $29.78 billion from $25 billion, net income jumped 32% to $1.16 billion from $882 million, and diluted earnings per share rose 38% to $1.70 from $1.23 a year ago.

          Dell Technologies returned $1.3 billion to shareholders in the quarter through share repurchases and dividends.

          Dell guided fiscal third-quarter revenue to be between $26.5 billion and $27.5 billion, with diluted earnings per share expected to be $2.07 and adjusted diluted earnings per share to be $2.45 at the midpoint, respectively. 

          Dell guided full-year revenue between $105 billion and $109 billion, diluted earnings per share of $7.98, and adjusted diluted earnings per share to be $9.55 at the midpoint, respectively. 

          “We’ve now shipped $10 billion of AI solutions in the first half of FY26, surpassing all shipments in FY25. This helped deliver another record revenue quarter in our Servers and Networking business, which grew 69%,” said Jeff Clarke, vice chairman and chief operating officer, Dell Technologies.
          • Best Buy Co. Inc. decreased 0.5% to $72.31 after the consumer electronics retailer reported a 36% decline in profit in the fiscal second quarter ending on August 2.

            Consolidated revenue edged higher to $9.4 billion from $9.3 billion, net income declined to $186 million from $291 million, and diluted earnings per share dropped to 87 cents from $1.34 a year ago.

            Best Buy reiterates its full-year revenue estimate to be between $41.1 billion and $41.9 billion, adjusted operating income rate to be 4.2%, comparable sales to rise 1%, and adjusted diluted earnings per share to be between $6.15 and $6.30.

            For the full year, the company expects to spend approximately $300 million on share repurchases.

            During the second quarter, the company returned a total of $266 million to shareholders through dividends of $201 million and share repurchases of $65 million.

            For the year-to-date, the company returned a total of $568 million to shareholders, including $403 million in dividends and $165 million in share repurchases.

            The company's board declared a quarterly cash dividend of $0.95 per share, payable on October 9 to shareholders on record on September 18.

            Best Buy delivered comparable sales growth of 1.6% in the second quarter.
            • Aug 28, 2025
            • Snowflake Inc. increased 13.2% to $226.83 after the cloud-based data storage company reported a 32% increase in revenue and the net loss shrank in the latest quarter ending on July 31.

              Consolidated revenue increased to $1.14 billion from $868 million, net loss declined to $298 million from $316.9 million, and diluted losses per share decreased to 89 cents from 95 cents a year ago.

              The company guided product revenue for the current quarter to range between $1.125 billion and $1.130 billion, and the company estimated full-year product revenue to reach $4.395 billion, representing 27% year-over-year growth.

              The company reported a net revenue retention rate of 125% in the current quarter.
              • Veeva Systems Inc. fell 4.3% to $281.03 despite the provider of cloud-based software solutions for the life sciences industry reporting a 17% increase in net income in the fiscal second quarter ending on July 31.

                Consolidated revenue inched higher to $789 million from $676.2 million, net income climbed to $200 million from $171 million, and diluted earnings per share soared to $1.19 from $1.04 a year ago.

                The company guided third-quarter revenue to be between $790 million and $793 million, adjusted operating income between $348 million and $350 million, and adjusted diluted earnings per share between $1.94 and $1.95.

                Veeva’s full-year guidance is total revenue between $3.13 billion and $3.14 billion, non-GAAP operating income expected to be $1.388 billion, and non-GAAP diluted earnings per share expected to be $7.78.

                Veeva is rapidly progressing with industry-specific AI, with initial AI agents launching in December and broader rollouts through 2027.
                • Williams Sonoma Inc. decreased 0.08% to $192.01 despite the specialty retailer of products for the home reporting a 14% rise in its earnings in the latest quarter ending on August 3.

                  Consolidated revenue edged higher to $1.84 billion from $1.79 billion, net income advanced to $247.6 million from $216.9 million, and diluted earnings per share rose to $2.00 from $1.67 a year ago.

                  During the second quarter, Williams-Sonoma returned $280 million to shareholders, including $199 million in share repurchases and $81 million in dividends, with $903 million remaining under the current repurchase program.

                  Merchandise inventories rose 17.7% to $1.4 billion, reflecting early receipts to offset expected 2025 tariffs.

                  Comparable brand revenue increased by 3.7% from a year ago. 

                  The retailer estimated a fiscal 2025 net revenue increase between 0.5% and 3.5%, including the impact of the 53rd week in fiscal 2024, with comparable sales up 2.0% to 5.0%. 

                  However, higher revenue may not translate into higher earnings because of the sharp escalation in import duties imposed by the Trump administration. 

                  The company reiterated its fiscal 2025 operating margin guidance of 17.4% to 17.8% and added that it will revisit it if tariff conditions materially change.
                  • Aug 27, 2025
                  • MongoDB Inc. jumped 30.5% to $279.74 after the data storage company reported sharply higher than expected quarterly sales and earnings, and the company's sales outlook in the current quarter surpassed expectations. 

                    Consolidated revenue increased to $591.4 million from $478.1 million, net loss declined to $47 billion from $54.5 billion, and diluted losses per share fell to $58 from $74 a year ago.

                    Adjusted earnings per share jumped 42.5% to $1.0, surpassing the estimate of 67 cents as polled by FactSet. 

                    The subscription-based revenue increased 23% from a year ago to $572 million, easily surpassing market expectations. 

                    The company guided fiscal third-quarter revenue between $582 million and $597 million, and adjusted earnings per share to range between 76 cents and 79 cents. 

                    For the fiscal year, the company estimated revenue between $2.34 billion and $2.36 billion and adjusted earnings per share to fall between $3.64 and $3.63.
                    • Okta Inc. advanced 6.1% to $97.11 after the identity management company reported nearly a two-and-a-half-fold jump in earnings in the second quarter ending on July 31. 

                      Consolidated revenue inched higher to $728 billion from $646 billion, net income climbed to $67 million from $29 million, and diluted earnings per share soared to 37 cents from 15 cents a year ago.

                      The company guided third-quarter revenue to range between $728 million and $730 million, non-GAAP operating income between $160 million and $162 million, and diluted earnings per share between $0.74 and $0.75.

                      For the full year fiscal 2026, the company expects total revenue to be between $2.87 billion and $2.88 billion, adjusted operating income between $730 million and $740 million, and adjusted diluted earnings per share between $3.33 and $3.38.

                      Okta added that the acquisition of Axiom Security will not impact any of the guidance metrics.
                      • PVH Corp. gained 6.7% to $88 after the parent company of Calvin Klein and Tommy Hilfiger reported a 42% rise in its earnings in the latest quarter ending on August 3.

                        Consolidated revenue edged higher to $2.2 billion from $2.1 billion, net income advanced to $224.2 billion from $158 billion, and diluted earnings per share rose to $4.63 from $2.80 a year ago.

                        PVH Corp. estimated fiscal third-quarter revenue to be flat to slightly up, with a slight decline on a constant currency basis.

                        Moreover, the company estimated adjusted earnings per share to be between $2.35 and $2.50 with an effective tax rate of approximately 25%.

                        PVH Corp today reaffirmed its financial guidance for fiscal year 2026, and the company forecast revenue to "grow slightly to low single digits," with the outlook reaffirmed for flat to slightly up on a constant currency basis.

                        The apparel company estimated an adjusted operating margin of approximately 8.5% and adjusted diluted earnings per share to fall between $10.75 and $11.00.