MongoDB recently witnessed a staggering more than 20% drop in its share price following the company’s unconvincing growth forecast for fiscal 2026. The projected earnings per share of $2.44 to $2.62 drastically fell short of analyst expectations, who were anticipating earnings of $3.34. This gaping disparity serves as a stark reminder that optimism in the
Earnings
Hewlett Packard Enterprise (HPE) has sent shockwaves through the stock market after its shares plummeted 19% in after-hours trading. This dramatic drop highlights deep-seated issues that could undermine investor confidence and the company’s long-term viability. The fiscal first quarter saw HPE reporting adjusted earnings per share that fell in line with expectations but came with
Broadcom’s recent financial report has taken the investment community by storm, showcasing an astonishing growth trajectory that underscores the booming demand for artificial intelligence (AI) technologies. With adjusted earnings hitting $1.60 per share and total revenues reaching a staggering $14.92 billion, the numbers reflect a tremendous leap, particularly in an environment where many tech incumbents
Broadcom’s recent quarterly earnings report serves as a compelling reminder of the company’s resilience amid challenging economic conditions. Reporting an adjusted earnings per share of $1.60 compared to the expected $1.49, alongside an impressive revenue figure of $14.92 billion against a $14.61 billion forecast, the semiconductor giant has effectively defied the odds. This staggering performance
Marvell Technology was once hailed as a rising star in the semiconductor industry, with its recent performance riding high on the AI wave that has engulfed the tech sector. However, the company’s latest earnings report, which led to a staggering 17% drop in share prices, serves as a harsh reminder of the volatility innate to
CrowdStrike has been treated as a go-to hero in the cybersecurity landscape, and yet, its recent earnings guidance paints a starkly different picture for investors. The company has forecasted fiscal first-quarter earnings between 64 cents and 66 cents per share. This comes as a surprising disappointment compared to the FactSet average estimate of 95 cents.
Best Buy recently announced impressive fourth-quarter earnings that exceeded analysts’ expectations. However, the backdrop of this financial performance is marred by the anxiety surrounding impending tariffs and their potential impact on consumer prices. CEO Corie Barry drew attention to a pivotal point during the earnings call: the company’s supply chain, highly reliant on imports from
Nvidia, a leader in the semiconductor industry, showcased its dominance in the technology space as it reported its fiscal fourth-quarter earnings this past Wednesday. The results exceeded Wall Street’s forecasts, demonstrating not just resilience but an optimistic outlook for the company as it navigates the evolving landscape of artificial intelligence (AI). The reported earnings reveal
In a recently published financial report, Dell Technologies revealed fourth-quarter results that presented a mixed bag for investors and analysts alike. While the company’s earnings per share (EPS) surpassed Wall Street expectations, its overall revenue for the quarter came in below estimates. Dell reported revenue of **$23.9 billion**, compared to the consensus estimate of **$24.55
Recently, Snowflake Inc., a leading data analytics software company, experienced a significant surge in its stock price, soaring over 8% after announcing its fourth-quarter earnings. The company reported an adjusted earnings figure of 30 cents per share on a revenue of $987 million, both figures surpassing analysts’ expectations, which had forecasted earnings of 17 cents