Latest News

Stocks kicked off the last week of May with resounding gains across the board.

Lilo and the Stitch had a $183 million domestic debut over Memorial Day weekend.

XRP eyes an $8 surge, but some investors question if the target truly reflects the coin's long-promised potential.

Trump is willing to walk away from any deal including ones he signs.

Semiconductor company Semtech (NASDAQ:SMTC) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 21.8% year on year to $251.1 million. On the other hand, next quarter’s revenue guidance of $256 million was less impressive, coming in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.38 per share was in line with analysts’ consensus estimates.

Cloud content storage and management platform Box (NYSE:BOX) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 4.4% year on year to $276.3 million. Guidance for next quarter’s revenue was optimistic at $290.5 million at the midpoint, 2.6% above analysts’ estimates. Its non-GAAP profit of $0.30 per share was 17.2% above analysts’ consensus estimates.

Identity management software maker Okta (OKTA) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 11.5% year on year to $688 million. The company expects next quarter’s revenue to be around $711 million, close to analysts’ estimates. Its non-GAAP profit of $0.86 per share was 11.5% above analysts’ consensus estimates.

Customer relationship management software maker Salesforce (NYSE:CRM) will be reporting results tomorrow afternoon. Here’s what you need to know.

Today’s price action looks bullish on the surface - consumer discretionary and tech are both up big. But don’t take that at face value.