Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

AI Moneymakers: Zoom, Nvidia and Vertiv Cash in On AI-Driven Digital Transformation
AI Moneymakers: Zoom, Nvidia and Vertiv Cash in On AI-Driven Digital Transformation
May 23, 2024  |  artificial intelligence

In the rapidly evolving landscape of artificial intelligence (AI) and digital transformation, two unlikely companies — Zoom and Vertiv — have emerged as trailblazers, defying expectations and showcasing the...

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Nvidia Results Exceed Expectations, Driven by ‘AI Factories’
Nvidia Results Exceed Expectations, Driven by ‘AI Factories’
May 22, 2024  |  Earnings

The artificial intelligence (AI) gold rush is still going strong, judging by earnings reported Wednesday (May 22) by chipmaker Nvidia. The company reported that its revenue for...

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TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
TJX: Bargain Shoppers Want ‘Excitement’ From Their Retail Experiences
May 22, 2024  |  Earnings

As consumers continue to spend cautiously, TJX is seeing bargain shoppers seek the surprise and delight of its stores’ luck-of-the-draw format, bringing joy in a financially stressful time....

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Petco Rethinks Its Merchandise to Woo Pet Parents as Sales Dip
Petco Rethinks Its Merchandise to Woo Pet Parents as Sales Dip
May 22, 2024  |  Earnings

With sales continuing to slide, Petco is launching a three-pronged strategy to engage pet parents. The pet care and pet supply retailer released earnings Wednesday (May 22) showing net...

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Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
Target: Consumers’ Splurges on Experiences Cut Into Discretionary Retail Budgets
May 22, 2024  |  Earnings

As consumers look to balance their desire to treat themselves with ongoing economic concerns, Target is seeing shoppers’ shift to discretionary spending on experiences negatively impact their budgets for nonessential...

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The AI Arms Race Heats Up Ahead of Nvidia Earnings
The AI Arms Race Heats Up Ahead of Nvidia Earnings
May 22, 2024  |  News

Artificial intelligence (AI) is experiencing a gold rush, and Nvidia is at the center of it all. As the chip maker prepares to report its...

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Macy’s: Even Luxury Shoppers Are Making ‘Thoughtful’ Choices About Spending
Macy’s: Even Luxury Shoppers Are Making ‘Thoughtful’ Choices About Spending
May 21, 2024  |  Earnings

Economic pressures are driving shoppers to scrutinize their discretionary spending more carefully, according to Macy’s, with even high-income customers showing increased selectivity in their purchases...

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Lowe’s Targets Smaller Pros for Bigger B2B Growth
Lowe’s Targets Smaller Pros for Bigger B2B Growth
May 21, 2024  |  Earnings

The home improvement sector is getting its affairs in order while eyeing a macro improvement. That’s the news from home improvement retailer Lowe’s, which cited softer...

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Zoom Doubles Down on AI Strategy to Fuel Future Growth
Zoom Doubles Down on AI Strategy to Fuel Future Growth
May 21, 2024  |  Earnings

Zoom is making a bet that artificial intelligence will be the key to driving growth and expanding its business beyond video conferencing. The video communications...

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