Deckers Outdoor raised its annual sales and profit forecast on Thursday, betting on strong demand for its sneakers and boots, including Hoka running shoes, sending shares of the company up about 13%.
Verizon reported fourth-quarter earnings and revenue that exceeded analyst expectations, while providing an upbeat outlook for 2026 that signals the beginning of a strategic turnaround. The telecommunications giant's shares rose 7.1% following the announcement.
Apple forecast higher-than-expected revenue growth of up to 16% for the March quarter, powered by strong demand for its iPhones and a sharp rebound in China and accelerating demand in India. The shares edged lower.
Visa exceeded estimates for first-quarter profit and revenue, buoyed by increased card usage during the holiday season amid resilient U.S. consumer spending in the last three months of 2025. The shares fell 2.4%.
Western Digital forecast third-quarter revenue above Wall Street estimates, signaling that demand for its hard drives and flash storage for AI servers would continue to drive growth. While the shares dropped 5%.
Shares of KLA fell about 10% on Friday after investor concerns over the company's wafer fab equipment, or WFE, outlook despite analysts remaining largely bullish and raising price targets.
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