People walk past Macy's on January 26, 2023 in New York City. US gross domestic product increased at an annual rate of 2.9% in the fourth quarter of 2022.Check out the companies making headlines before the bell.— Shares rose 4.
7% after Nordstrom's first-quarter results topped Wall Street's expectations. The company posted 7 cents earnings per share and revenue of $3.18 billion. Analysts had estimated a loss per share of 10 cents and $3.12 billion in revenue, according to StreetAccount.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salesforce CEO praises performance culture as profit margins improveMarc Benioff touts Salesforce's 'performance culture' as the cloud giant speeds towards the profit margins Wall Street wants
Source: BusinessInsider - 🏆 729. / 51 Read more »
Salesforce shares fall despite better-than-expected earningsSalesforce reported profit and revenue that topped Wall Street estimates, while the company forecasts the current quarter revenue will top expectations.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Salesforce’s stock selloff can be blamed for Dow futures trading lowerShares of Salesforce Inc. slumped 6.3% in premarket trading in the wake of the customer-relationship-management software company’s fiscal first-quarter...
Source: MarketWatch - 🏆 3. / 97 Read more »
Salesforce's stock slumps as earnings show tech giant is 'no longer a growth software company'Salesforce Inc. took its discussion of artificial intelligence "to new decibels" alongside its latest earnings, but that talk wasn't enough to help...
Source: MarketWatch - 🏆 3. / 97 Read more »
Salesforce predicts record earnings, but the stock is still fallingSalesforce predicted record earnings in the second quarter and increased guidance for record annual profit Wednesday, but shares still declined more than 4%.
Source: MarketWatch - 🏆 3. / 97 Read more »
Salesforce bumps up full-year forecast but reports higher capital expenses than expectedSalesforce raised its full-year guidance and reported an earnings and revenue beat, but capital costs were higher than expected.
Source: CNBC - 🏆 12. / 72 Read more »