FMP

FMP

Blogs by Davit Kirakosyan

blog post title

Broadcom Shares Drop 10% as Margin Concerns and OpenAI Timing Overshadow Earnings Beat

Broadcom (NASDAQ:AVGO) shares fell about 10% intra-day on Friday as investor concerns over margin pressure and delayed revenue contributions from OpenAI outweighed stronger-than-expected quarterly res...

blog post title

Costco Shares Dip Despite Beating Q1 Earnings and Revenue Estimates

Costco Wholesale Corp. (NASDAQ:COST) shares traded more than 1% lower intra-day on Friday, even after the retailer deliv...

blog post title

RH Shares Jump 6% as Revenue Tops Estimates Despite Earnings Miss

RH (NYSE:RH) shares surged more than 6% intra-day on Friday after the luxury home furnishings retailer reported third-qu...

blog post title

Lululemon Shares Rally 9% After Earnings Beat, Buyback Expansion, and CEO Transition News

lululemon athletica inc. (NASDAQ:LULU) shares rose more than 9% intra-day on Friday after the apparel maker reported str...

blog post title

JPMorgan Upgrades Citi to Overweight on Improving Profitability Outlook

JPMorgan upgraded Citigroup (NYSE:C) to Overweight from Neutral and raised its price target to $124 from $107, citing ex...

blog post title

Valero Shares Decline After Mizuho Downgrades Stock on Refining Outlook

Valero Energy (NYSE:VLO) shares fell more than 2% intra-day on Friday after Mizuho downgraded the refiner from Outperfor...

blog post title

Adobe Issues Strong Annual Outlook on AI Momentum

Adobe (NASDAQ:ADBE) issued an annual revenue and profit forecast that exceeded expectations, suggesting the company may ...

blog post title

Oracle Shares Slide 13% as Sales and Profit Outlook Miss Expectations

Oracle (NYSE:ORCL) tumbled more than 13% intra-day on Thursday after the company issued a sales and earnings forecast th...

blog post title

Synopsys Beats Estimates, Lifts Fiscal 2026 Outlook on AI-Driven Demand

Synopsys (NASDAQ:SNPS) delivered stronger-than-expected fourth-quarter results and issued an upbeat earnings forecast fo...

blog post title

Ciena Shares Rally 6% as Quarterly Earnings and Outlook Exceed Expectations

Ciena Corporation (NYSE:CIEN) surged more than 6% intra-day on Thursday after reporting fiscal fourth-quarter results th...