Smartsheet (NYSE:SMAR) rose 2.4% amid amid a positive research report on the collaboration and work management company.SMAR Enterprise data remains healthy; sees potential for billings reacceleration, according to an M Science note on Friday.Smartsheet (SMAR) jumped 18% on March 18 when it reported its Q4 results.Smartsheet (SMAR) is expected to report Q1 results on June
Norwegian Cruise Line Holdings Ltd (NCLH.N) raised its annual profit forecast and sailed past first-quarter estimates on Monday, betting on higher ticket pricing, pent-up demand and robust on-board spending from wealthy customers, sending shares of the company up 6%. Easing of COVID-19 protocols on ships after long periods of restrictions has encouraged people, especially from…
After years of easy financial growth and booming popularity, Alphabet, Google’s parent company, has in recent months faced mounting questions about its future. It has been under the gun to deliver artificial intelligence technology, its sales growth has decelerated, and it is laying off 12,000 employees to cut costs. On Tuesday, Google shrugged off some…
United Rentals (NYSE:URI) dropped 1.8% amid a note that rates have begun to stabilize in mid April.General rates have begun to stabilize in mid April across Sunbelt and United Rentals (URI), M Science said in a note on Friday.United Rentals (URI) is set to report Q1 results on Thursday.Late last month Caterpillar (CAT) and United…
Netflix Inc. will begin cracking down this quarter on US viewers who share someone else’s account, predicting plans to charge such customers will boost growth in the second half of the year. The company, which reported a lower-than-expected subscriber gain for the first quarter, has been testing ways to reduce account sharing in Latin America,…
Best Buy Co Inc (BBY.N) on Thursday joined peers with a cautious annual earnings forecast as uncertainty over the U.S. economic outlook tempers expectations for a recovery in demand for TVs, laptops and other electronic products. U.S. retailers offered bigger discounts than usual during the holiday season to stoke demand as surging costs of rent…
Macy’s Inc (M.N) beat estimates for holiday quarter results and forecast annual profit largely above expectations as the department store operator looks to rein in promotions to beef up its margins, sending its shares up 10% on Thursday. Like many retailers, Macy’s offered steep discounts during the holiday season to get rid of excess inventory…
Target Corp (TGT.N) on Tuesday forecast muted profit growth in 2023 and warned of the need for more discounts to woo shoppers cutting their discretionary spending due to surging inflation. The retailer’s discounting strategy powered its sales and profit in the holiday quarter to exceed market expectations for the first time in a year, lifting…
Norwegian Cruise Line Holdings Ltd (NCLH.N) forecast for its first annual profit in three years fell short of estimates on Tuesday, as the cruise operator feels the squeeze from soaring fuel and labor costs. Shares fell about 6% in early trading after the company’s bigger-than-expected first-quarter loss estimate. Norwegian Cruise and rival cruise operators such…
Shares of Carvana Co. more than doubled in the month leading up to Thursday’s awful fourth-quarter earnings report. By the time the numbers hit shortly after the US market close, it was clear that optimism had been gravely misplaced. The online used-car dealer had lost almost $7,400 on every vehicle it sold in the quarter.…