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Applied Materials (AMAT) posted second quarter earnings per share of $2.09, coming in $0.10 above estimates, as well as revenue of $6.65 billion, topping the estimated $6.52 billion. Yahoo Finance Hosts Josh Lipton and Julie Hyman and Futurum Chief Market Strategist Cory Johnson discuss the company's earnings and what they mean for the artificial intelligence race. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl<br/>
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Walmart reported fiscal first-quarter earnings for 2025 that beat analyst expectations. Walmart's e-commerce sales increased 22% year-over-year in the US, driven by strong online grocery pickup and delivery. Newer businesses like advertising and Walmart+ boosted profits significantly. The retail giant expects full-year revenue and earnings to come in at the high end or slightly above previous guidance. The company is seeing more higher-income shoppers, and e-commerce now surpasses store pickup in volume.
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Cisco Systems forecast fourth-quarter revenue above analysts' low expectations, benefiting from a pick-up in enterprise spending and easing supply chain constraints. Cisco's revenue fell 13% but beat estimates, with Splunk acquired to boost cybersecurity. Cisco is trying to reduce reliance on its massive networking equipment business, which has suffered from supply issues and a post-pandemic slowdown. Cisco has benefited from increased spending as companies boost AI and cloud computing needs.
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Sunderland under-21s celebrate their penalty win over West Ham in the Premier league 2 quarter-final
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Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.
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#walmart #earnings #consumer<br/>#walmart #earnings #consumer #yahoofinance <br/><br/>Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while the average ticket price was flat. Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumer from Walmart's perspective, claiming consumers' wallets are \
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Alibaba's fourth-quarter revenue beat estimates, but net income plunged 86% year-over-year.  Alibaba shares dropped around 5% in premarket trading following the earnings release. The company's core e-commerce business recovered, with revenue up 4% and customer management revenue up 5%. Alibaba focuses on reducing low-margin contracts and growing AI-related products in its cloud division. The company's AI revenue experienced \
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PBA Player of the Game Highlights: Chris Banchero catches fire in fourth quarter as Meralco sees off NLEX, enters semis from argentinna vs colombia 2015 quarter final goal
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It took a David Raya save in the penalty shootout, but Arsenal are through to the Champions League Quarter Finals. But while the tie ended 1-1 over both legs, simply turning around the initial deficit represented an enormous victory for Mikel Arteta. Adam Clery looks at why Porto were such a difficult proposition for the Gunners, and why finding a way past them bodes incredibly well for the remainder of the season.
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Nicolas Jarry fought back from a set down to beat Stefanos Tsitsipas in the Italian Open quarter-finals.
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Home Depot reported first-quarter earnings that beat expectations, but revenue missed estimates. The company saw softer sales as high interest rates caused customers to defer large home renovation projects like kitchen and bathroom remodels. Comparable sales dropped over 2% across the business and declined more than 3% in the US compared to the prior year period. Weather also negatively impacted spring sales of outdoor products as many parts of the country experienced colder and wetter conditions. Home Depot reaffirmed its full-year guidance but expected comparable sales to decline.
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Indiana Pacers' Tyrese Halburton scores an incredible layup in the third quarter against the Knicks
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