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The fiber optic gear maker’s fiscal Q3 earnings boomed 215%. Revenue and sales guidance slightly topped. Shares rose. The post Ciena Earnings Beat, Revenue Edges By Views Amid AI Data Center Boom appeared first on Investor’s Business Daily.
HPE stock wavered amid fiscal Q3 earnings and revenue that topped estimates with high expectations for AI infrastructure growth. The post HPE Earnings, Revenue Top Estimates Amid High Expectations For AI Growth appeared first on Investor’s Business Daily.
Snowflake stock jumped amid Q2 earnings and revenue that handily estimates while guidance came in well above expectations. The post Snowflake Earnings, Revenue, Guidance Top Estimates. AI Software Stock Jumps. appeared first on Investor’s Business Daily.
Broadcom beat estimates for its fiscal third quarter and with its guidance for the current period. But Broadcom stock fell. The post Broadcom Stock Falls Despite Better-Than-Expected Fiscal Q3 Results appeared first on Investor’s Business Daily.
NetApp stock slid late Wednesday despite the enterprise data storage firm reporting fiscal Q1 results easily ahead of views. The post NetApp Stock Slides Despite Earnings Beat appeared first on Investor’s Business Daily.
Nvidia stock approached a buy point Wednesday as chip stocks rallied following a bullish quarterly report from Dell Technologies. The post Nvidia Leads Chip Stocks Higher Amid Renewed Confidence In AI Spending appeared first on Investor’s Business Daily.
It was nearly 12 months ago that Oracle stock surged a record 36% on AI optimism. The company has had a rough run since then. The post Oracle To Face Earnings Test After Wild Year Riding AI Wave appeared first…
Uniqure stock wavered Wednesday after the Food and Drug Administration accepted its application for approval of a Huntington’s gene therapy. The post UniQure’s Embattled Huntington’s Gene Therapy Clears A Key Hurdle appeared first on Investor’s Business Daily.
Dell showed that the AI data center business is still hopping as it delivered a monster beat-and-raise earnings report. Dell stock jumped on the news. The post Dell’s Monster Quarterly Beat Shows Continued AI Momentum appeared first on Investor’s Business…
Uber stock was higher after the tech giant announced 10% layoffs for its global workforce. The post Uber Plans Layoffs For 10% Of Workforce In Restructuring. Stock Rises. appeared first on Investor’s Business Daily.