Wells Fargo & Co. shares are rising in Tuesday's after-hours session after the company announced it's no longer subject to asset growth restrictions imposed in 2018.
Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council.
The market finished higher today with help from Nvidia -- which surpassed Microsoft in market cap for the first time since January -- along with the rest of the semiconductor sector.
Insurance industry-focused software maker Guidewire (NYSE:GWRE) announced better-than-expected revenue in Q1 CY2025, with sales up 22% year on year to $293.5 million. Guidance for next quarter’s revenue was better than expected at $336 million at the midpoint, 1.1% above analysts’ estimates. Its non-GAAP profit of $0.88 per share was 88.1% above analysts’ consensus estimates.
Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.9% year on year to $7.63 billion. Guidance for next quarter’s revenue was optimistic at $8.35 billion at the midpoint, 2.1% above analysts’ estimates. Its non-GAAP profit of $0.38 per share was 16.3% above analysts’ consensus estimates.
Outdoor specialty retailer Sportsman's Warehouse (NASDAQ:SPWH) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 2% year on year to $249.1 million. Its non-GAAP loss of $0.41 per share was 13.5% above analysts’ consensus estimates.
Work management software maker Asana (NYSE: ASAN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 8.6% year on year to $187.3 million. Guidance for next quarter’s revenue was better than expected at $193 million at the midpoint, 0.5% above analysts’ estimates. Its non-GAAP profit of $0.05 per share was significantly above analysts’ consensus estimates.
