Oxford Industries Slashes Guidance as Holiday Shopping Disappoints
Oxford Industries (OXM) cuts full-year outlook citing cautious consumers and weak holiday start. Tommy Bahama owner sees shares plunge after lowering sales and earnings forecasts.
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Planet Labs Soars After Crushing Q3 Earnings Expectations
Planet Labs (PL) reports stellar Q3 results with $81.3M revenue, breaks even on EPS, and raises full-year guidance.
Gemini Gets Green Light for Prediction Markets in the US
Gemini receives CFTC license to launch prediction markets for US customers.
Oracle Shares Plunge as AI Data Center Spending Outpaces Cloud Revenue Growth
Oracle stock drops 11% after missing revenue targets despite massive AI investments. Cloud sales lag expectations while capital spending jumps to $50B, raising investor concerns about AI profitability timeline.
Adobe Beats Q4 Expectations, Forecasts Strong FY2026 Growth on AI Momentum
Adobe surpasses Q4 estimates with $6.19B revenue and projects FY2026 revenue up to $26.1B, driven by strong AI tool adoption and double-digit ARR growth targets.
Amazon Expands Same-Day Grocery Delivery to 2,300+ U.S. Cities
Amazon's Same-Day Delivery service now offers fresh groceries in over 2,300 U.S. cities, challenging Instacart and Walmart+ with fast, temperature-controlled delivery for Prime members.