Micron Technology delivered strong quarterly results and posted a rosy sales and earnings outlook for the current quarter. MillerKnoll said revenue and earnings fell in the quarter ending in November and issued a weak outlook for the current quarter.
MU
MU
Lennar reported a sharp decline in earnings in the fiscal fourth quarter ending in November, and the homebuilder issued a cautious sales outlook for the current quarter.
LEN
LEN
Oracle's latest quarterly results fell short of market expectations. Adobe issued a muted revenue outlook for the current quarter and fiscal year and topped expectations in its latest quarter. Synopsys said revenue and earnings advanced, driven in large part by the latest acquisitions.
ORCL SNPS ADBE
ORCL SNPS ADBE
Nvidia's solid fiscal third-quarter revenue and earnings calmed market jitters over the sustainability of the AI-driven tech spending spree in the near future.
NVDA
NVDA
Cisco Systems reported strong results in its latest quarter, driven by a surge in demand for its networking gear for AI data centers. Firefly Aerospace said net loss expanded because of expenses related to its financing activities. Sweetgreen said same-store sales contracted as customers avoided high-priced salads.
CSCO FLY SG
CSCO FLY SG
CoreWeave plunged more than 10% after the cloud-infrastructure company's outlook fell short of expectations. RealReal, the operator of an online platform for second-hand luxury goods, reported better-than-expected revenue in the third quarter. Rocket Lab reported a smaller-than-expected net loss in the third quarter.
REAL
REAL