Earnings

For the Creative Cloud business, which includes tools like Photoshop and Illustrator, international momentum was especially strong, and in the enterprise-focused Experience Cloud business, the tone they picked up on was positive “for the first time in three or four quarters,” they wrote. There was a “softening competing environment” from the likes of Oracle and
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Cloud security firm Zscaler soared as much as 37 percent Thursday, a day after reporting that its billings surged in the company’s third quarter ended April 30. Shares traded as high as $42.16 on Thursday, up from Wednesday’s close of $30.65. The stock closed 23 percent up at $37.79. The company reported revenue growth of
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Matthew Busch | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera. Shares of Cloudera and MongoDB dropped in extended trading even after the two developers of open-source data software reported better-than-expected first-quarter financials. Cloudera fell as much as 10 percent to $15.50 after hours, while MongoDB declined as much as 5.6 percent
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GameStop on Thursday reported first-quarter same-store sales that missed analysts’ estimates due to a drop in sales of video game hardware and software at its outlets. Shares of the world’s largest video game retailer fell 4 percent to $12.65 in extended trading. GameStop said its comparable store sales fell 5.3 percent in the latest quarter
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Investors betting on buying in bulk have been rewarded this year. Shares of wholesale retailer Costco have jumped more than 7 percent this year, outperforming retail stocks and the broader market in that time; the S&P retail ETF (XRT) has risen more than 4 percent in 2018. Some strategists say the stock can continue to
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Shannon Stapleton | Reuters A man enters a Dollar Tree discount store in Garden City, New York. Discount store operator Dollar Tree on Thursday reported first-quarter same-store sales that missed analysts’ estimates as performance at its namesake and Family Dollar banner lagged due to colder-than-normal spring weather. Sales at established stores open for more than
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Dollar General missed Wall Street forecasts for same-store sales on Thursday as the discount store chain faced weaker demand for apparel and home products because of cold weather. The news drove the company’s shares down 6.4 percent to $90.35 in premarket trading. Customer traffic at established stores was hit by unseasonably cold and damp weather,
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