Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
Victoria's Secret reported a quarterly profit that topped Wall Street expectations, but warned that the retail environment will continue to be challenging.
Salesforce now sees a stronger full fiscal year of profitability even as it expects to turn in less revenue than it had previously expected.
Macy's reaffirmed its fiscal 2022 sales outlook and raised its profit guidance, expecting stronger credit card revenue for the remainder of the year.
Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing's tech crackdown took their toll.
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."
Snowflake maintained its full-year projections, show that it continues to expect revenue growth to slow from its days as a newly minted public company.
The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.
Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to...