Cisco Systems, Inc. (CSCO) shares are surging in pre-market trading after the company reported better-than-expected fourth-quarter earnings, fueled by strong product orders. Despite revenue decline, Cisco’s focus on cybersecurity, cloud systems, and artificial intelligence (AI) is driving growth. However, the company announced plans to cut thousands of employees to reallocate resources towards these key areas.
Cardinal Health reported strong fourth-quarter earnings, exceeding analysts’ expectations and raising its fiscal year 2025 guidance. The company’s pharmaceutical segment saw significant growth, driven by increased sales from existing customers. Analysts responded positively to the earnings announcement, with some increasing their price targets for Cardinal Health stock.
H&R Block is set to release its fourth-quarter earnings, and analysts expect a decline in earnings per share. However, the company’s dividend yield of 2.25% offers an opportunity for investors seeking regular income. This article explores how much investment is required to generate monthly dividend income of $500 or $100.
Deere & Co. (DE) reported a decline in third-quarter sales due to weak market conditions in the agriculture and construction sectors. However, the company reaffirmed its 2024 net income outlook of $7 billion, citing cost reduction measures and strategic production adjustments. Despite the challenges, Deere’s financial performance exceeded analyst expectations.
JD.com, Inc. (NASDAQ: JD) reported strong second-quarter 2024 results, exceeding analyst expectations for both revenue and earnings. Revenue grew by 1.2% year-over-year to $40.098 billion, while adjusted net income per ADS reached $1.29, exceeding forecasts. The company’s focus on price competitiveness and supply chain efficiency, along with its growing economies of scale, contributed to its strong performance.
Walmart Inc. (WMT) stock surged in pre-market trading after the company announced impressive second-quarter 2025 results, exceeding analyst expectations and raising its full-year guidance. The retail giant reported a 4.8% year-over-year sales increase and a significant boost in operating income, driven by strong performance across its U.S. and international segments.
US stocks are projected to open higher on Thursday, aiming for a sixth consecutive winning session. The market’s direction will hinge on a series of crucial economic data releases including job market, consumer spending, and manufacturing reports, as well as retail earnings. These indicators are particularly relevant for gauging the health of the economy and consumer spending amidst easing inflation.
Alibaba Group Holding Limited (BABA) saw a slight revenue increase in its fiscal first quarter, but fell short of analyst expectations. The company faces intense competition within China’s weakening economy. While its international commerce and cloud businesses showed growth, domestic revenue was impacted by a decline in retail sales.
Lumentum Holdings Inc. (LITE) shares surged in pre-market trading after reporting better-than-expected fourth-quarter results and issuing strong first-quarter revenue guidance. Other notable pre-market movers include SciSparc Ltd. (SPRC), VS MEDIA Holdings Limited (VSME), and Altamira Therapeutics Ltd. (CYTO), all experiencing significant gains. On the other hand, Turnstone Biologics Corp. (TSBX) and Titan Machinery Inc. (TITN) saw declines after reporting disappointing financial results.
Walmart’s second-quarter earnings report, expected today, is anticipated to offer valuable insights into consumer spending trends amidst a backdrop of slowing economic growth. Analysts expect Walmart to report strong results, reflecting a stable consumer environment despite concerns around declining consumer demand from other major retailers like Amazon and Airbnb.
