Deere Stock Is Rising. Strong Earnings Tops Weak Guidance.
Farm-machinery maker Deere investors weren't fazed by an outlook that was less than what Wall Street expected.
Snowflake Stock Has Best Day Ever After Earnings. It May Mark the End of the Nvidia Powered Chip Trade.
Snowflake stock was rising Thursday after a strong earnings report, while Nvidia stock was in the red.
BJ's Wholesale Club to Raise Annual Membership Cost, Ups Guidance
The bulk retailer raised its earnings guidance after announcing it would increase its annual membership fee for the first time in seven years and add more fresh food to its shelves.
Container Store Doesn't See Funding Deal With Beyond Closing
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.
French Cognac Workers Plan Strike Over Fears Bottling Business Could Move to China
Workers at distilleries Maisons Hennessey, Remy Martin, Courvoisier and Martell plan to go on strike next week over fears that the industry could relocate its bottling business to China in a bid to circumvent import tariffs.
Novartis Lifts Sales Outlook as it Eyes U.S. Expansion
The pharma company raised its guidance on higher revenue expectations for key treatments and product launches, and is looking at potential mergers and acquisitions for U.S. growth.
Temu Owner PDD Misses Forecasts as Revenue Growth Slows
The e-commerce giant posted its slowest quarterly revenue growth in more than two years and missed profit expectations as it navigated stiff competition and geopolitical tensions.
Google Should Be Forced to Sell Chrome Browser, Justice Department Says
The spinoff would be a major blow to the tech giant and will likely kick off a legal fight with wide-reaching implications for its core business.
Alibaba Integrates E-Commerce Operations Into Single Business Group
The move is the Chinese e-commerce giant's biggest restructuring move after it split into six divisions last year.
Nvidia's Coming Year Will Be a Turbulent One
The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.
(END) Dow Jones Newswires
November 21, 2024 13:00 ET (18:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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