Snap shares drop after missing revenue, advertising targets

Snap's revenue for the quarter was $1.34 billion, just below the $1.35 billion anticipated by analysts polled by LSEG SAN FRANCISCO: Snap Inc. shares dropped 15% Tuesday after the company…

NNR August 5, 2025

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Super Micro shares slide on weak Q4 results and guidance

Super Micro shares tumble 15% after missing Q4 estimates, issuing soft outlook NEW YORK: Shares of Super Micro Computer (SMCI.O) fell 15% in after-hours trading on Tuesday after the server…

NNR August 5, 2025

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Axon shares surge 14% as strong demand drives earnings beat and upgraded outlook

Axon posted adjusted earnings of $2.12 per share for the quarter, beating Wall Street’s estimate of $1.46 per share NEW YORK: Axon Enterprise Inc. saw its stock jump 14% Tuesday…

NNR August 5, 2025

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Bank of the James reports Q2 earnings surge; Retires $10 million in debt

Lynchburg-based financial services firm posted net income of $2.70 million, or $0.60 per share, for the three months ended June 30 LYNCHBURG: Bank of the James Financial Group Inc. (NASDAQ:…

NNR August 4, 2025

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Berkshire Hathaway posts dip in Q2 earnings, warns of tariff fallout

OMAHA: Berkshire Hathaway reported a slight decline in second-quarter operating earnings Saturday, as Warren Buffett’s conglomerate flagged growing risks from escalating U.S. tariffs. Operating profit from the company’s core businesses…

NNR August 3, 2025

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Amazon’s AWS margins slide to lowest level since 2023

Amazon’s online store sales rose 11% to $61.5 billion, while advertising revenue jumped 23% to $15.7 billion SEATTLE: Amazon Web Services (AWS) reported its lowest profit margins since late 2023,…

NNR August 1, 2025

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Nintendo posts 132% revenue surge on blockbuster Switch 2 launch

TOKYO: Nintendo more than doubled its revenue in the fiscal first quarter, buoyed by explosive sales of its newly launched Switch 2 console, the company said Friday. The Japanese gaming…

NNR August 1, 2025

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Microsoft passes $4 trillion market cap after blockbuster earnings, bets big on AI

Microsoft Corp (MSFT.O) surged past $4 trillion in market value Thursday, becoming the second U.S. company to hit the milestone after Nvidia (NVDA.O), buoyed by strong quarterly earnings and aggressive…

NNR July 31, 2025

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Roblox shares jump on blowout bookings, surging user growth

Roblox shares rallied 16% Thursday after the gaming platform reported second-quarter results that exceeded analyst expectations, driven by sharp growth in user engagement and bookings. Net bookings for the quarter…

NNR July 31, 2025

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Axonius acquires Cynerio for over $100 million to bolster healthcare cybersecurity

NEW YORK: Axonius, a global leader in cyber asset intelligence, said Wednesday it acquired Cynerio, a specialist in medical device security, in a cash and stock transaction valued at more…

NNR July 30, 2025

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Almirall reports 12.7% revenue growth in H1 2025, driven by dermatology portfolio

C1766.jpg BARCELONA: Almirall, S.A. (ALM), a global biopharmaceutical company specializing in medical dermatology, reported a 12.7% increase in net sales for the first half of 2025, reaching €560.5 million, up…

NNR July 26, 2025

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Carter’s Inc sees sales momentum but profit declines amid tariff headwinds, leadership transition

ATLANTA: Carter’s Inc. (NYSE: CRI), North America’s leading apparel company for babies and young children, reported its second-quarter fiscal 2025 results, signaling modest sales growth and strategic investments aimed at…

NNR July 26, 2025