Shares of the company were down more than 4% in extended trading on Wednesday, while Apple shares were flat.

Starbucks has raised its annual sales and profit forecasts again. The company's turnaround strategy has reignited demand and improved custo...

Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ah...

Cognizant Technology forecasts third-quarter revenue below Wall Street estimates. Clients remain cautious on discretionary IT spending and ...

Cognizant Technology has revised its third-quarter revenue projections, now falling short of Wall Street's expectations. The cautious stanc...

Nomura Holdings experienced a remarkable 39% net income surge in the first quarter, driven by favorable market volatility and unprecedented...

Mondelez International exceeded revenue and profit expectations for the second quarter. Steady demand for biscuits and chocolates, along wi...

Ford Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...

The S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as inve...

PayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These r...

Mercedes-Benz saw a profit increase but faces challenges ahead. The automaker now expects overall sales to decline in 2026. This forecast i...

Cadence now expects 2026 revenue to be ⁠between $6.26 billion and $6.34 billion, up from its prior projection of $6.13 billion to $6.23 bil...

The company ⁠told customers it could no longer absorb rising supplier costs and had sought alternative components from new suppliers, Bloom...

Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...

Dow Inc predicts that its third-quarter core profit will surpass Wall Street's forecasts, bolstered by effective cost-cutting strategies. A...

IBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...

Chipmaker shares are experiencing significant price swings on Wall Street this month. Investors anticipate these companies will drive much ...