To hear Jensen Huang tell it, Nvidia — and artificial intelligence (AI) in general — is just getting started. The CEO of the most valuable company in the world didn’t rest his laurels on a 94% year-over-year revenue growth number for Q3 and faced up...
As economic uncertainty and rising costs continue to impact consumers, shoppers are more cautious with their spending, according to Target CEO Brian Cornell. Faced with a volatile financial landscape, many are making deliberate purchasing decisions, prioritizing essentials and seeking value. “Consumers tell us their budgets...
Market watchers are bracing for potentially historic volatility when Nvidia reports its earnings on Wednesday (Nov. 20), according to Bloomberg News. The chip giant’s stock could move about 8% in either direction following the results, potentially shifting its market value by nearly $300 billion —...
The everyday American consumer is dealing with an increasingly strained household budget. And, according to home improvement retailer Lowe’s Tuesday (Nov. 19) third-quarter 2024 earnings call, this ongoing economic environment has resulted in ongoing weak home improvement demand. “The reality is we are a DIY...
Alibaba Group saw its offerings in artificial intelligence (AI) drive growth in both its retail and its cloud businesses during the quarter ended Sept. 30. “This quarter, our core business segments maintained steady growth guided by our user-first, AI-driven strategy,” Alibaba Group CEO Eddie Wu said...
Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations and close four distribution centers in the United States by mid-2025 as it works to boost its operational productivity. The automotive aftermarket parts provider operates 4,781 stores primarily within the United...
Sally Beauty Holdings is taking steps to refresh its brand and modernize its customer experience. “We want the Sally Beauty refresh to be a move to a more dynamic beauty powerhouse,” Sally Beauty President and CEO Denise Paulonis told analysts Thursday (Nov. 14) during the...
Investors sent Intellicheck shares lower by 12% Thursday morning (Nov. 14) on a slight revenue miss. However, management pointed to potential in the company’s identity verification offerings, particularly in the areas of real estate and banking (and where retail remains a core focus, although that...
Shares of Paysafe slumped 25% Wednesday (Nov. 13) in the wake of earnings that missed Wall Street forecasts. But the company’s materials and management commentary revealed growth in core segments, gains in average transactions per active users of digital wallets and expanding reach in Europe....
