Check out the companies making the biggest moves midday: Carnival — The cruise line jumped nearly 7% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21 billion,…
Check out the companies making headlines before the bell: Carnival — The cruise line jumped more than 6% after beating second-quarter earnings and revenue that topped analysts’ expectations. Carnival reported adjusted earnings of 35 cents per share on revenue of $6.33 billion. Analysts were expecting earnings of 25 cents per share on revenue of $6.21…
Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley upgrades Snowflake to overweight from equal weight After a change in analyst coverage, the firm upgraded the stock and says it’s very bullish. “Under new CEO Sridhar Ramaswamy, SNOW has become a better executing and faster innovating company. We see AI creating a long growth…
Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company’s Data and AI Summit in San Francisco on June 11, 2025. Jordan Novet | CNBC Databricks, a data analytics software vendor, said on Wednesday that it expects to generate $3.7 billion in annualized revenue by July, with year-over-year growth of 50%. CFO Dave Conte…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Snowflake raised its fiscal 2026 forecast for product revenue on Wednesday, betting on strong demand for its data analytics services as enterprises prioritize artificial intelligence spending. The company’s shares rose 6% to $190.09 in extended trading after it topped first-quarter results estimates and forecast current-quarter…
Traders work on the floor of the New York Stock Exchange (NYSE) on May 19, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images S&P 500 futures wavered early Wednesday following a losing session on Wall Street that snapped a winning streak. Futures tied to the broad index shed 0.3%,…
