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Tag Archives: sales

Stockpiling triggers boom in grocery sales as self-isolating Brits buy 22% more alcohol

Christmas came early for U.K. grocers as supermarket sales in March trumped those usually posted over the festive period and broke all records, new data show. Households facing lengthy lockdowns appear to have panic bought long-life items such as pasta, rice and tins of vegetable, as they splashed out a …

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Existing-home sales skyrocketed 6.5% in February — but that could soon change because of the coronavirus

The numbers: Sales of previously-owned homes jumped 6.5% in February, though the coronavirus outbreak could put the break on sales growth in coming months. Existing-home sales occurred at a seasonally-adjusted annual pace of 5.77 million, the National Association of Realtors reported Friday. It was the strongest sales figure for the …

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Earnings Results: CrowdStrike stock soars as sales nearly double, results beat expectations

CrowdStrike Holdings Inc. shares skyrocketed in the extended session Thursday after the cybersecurity company’s results and outlook topped Wall Street estimates and coronavirus fears raise the need for more protective measures as millions of people work from home. CrowdStrike CRWD, +8.05%  shares soared more than 20% after hours, following an …

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The Ratings Game: Nvidia stock eyes new high as record data-center sales prompt analyst love fest

Nvidia Corp.’s stock surged Friday as analysts practically wrote Valentine’s Day notes for the company and raised their price targets after the chip company barreled past expectations in data-center sales following a tough year of revenue declines. Nvidia NVDA, +8.30%  stock surged to an intraday high of $ 294.40, and …

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Earnings Results: Nvidia’s server sales spike, stock jumps in late trading

Nvidia Corp. shares rallied in the extended session Thursday after the chip maker’s data-center sales and outlook topped Wall Street estimates while returning to revenue growth. Outsize data-center gains in the fourth quarter made up for a small shortfall in gaming sales. Nvidia reported a 56% gain in gaming sales …

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