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Ambarella stock soars 18% on earnings beat, sunny forecast

Shares of Ambarella soared after the semiconductor design company posted better-than-expected second-quarter results and projected revenue growth well above Wall Street expectations.

Box stock jumps after boost to full-year revenue outlook

Box posted higher quarterly revenue and profit and raised its fiscal full-year revenue outlook after the U.S. dollar weakened compared with the Japanese Yen.

Relief is on the way for hot, hungry trekkers on the Great Wall of China: 5-minute deliveries by drone

Market leader Meituan has launched a service that flies food, drink, medicines and other parcels from a nearby hotel rooftop to one of the ancient wall’s watchtowers.

CrowdStrike adds new safeguards for Nvidia’s AI resources

CrowdStrike is teaming with Nvidia to provide additional safeguards for the chipmaker’s artificial-intelligence workflows and resources.

Sales drop for Calvin Klein’s parent PVH amid ‘challenging’ environment in Asia

PVH Corp.’s stock drops 7% after hours despite a beat for the retailer, which owns Calvin Klein and Tommy Hilfiger’s brands.

U.S. stock market’s breadth has strengthened significantly, these charts show

More U.S. stocks are participating in the recent market rally, with the S&P 500 index further building on its August rebound on Tuesday, according to Bespoke Investment Group.

Shake Shack to close 9 underperforming locations

Shake Shack said it was closing nine company-owned restaurants in California, Texas and Ohio that were underperforming and, in some cases, cannibalizing sales from other locations.

E.l.f. Beauty’s board approves $500 million buyback program

The board of e.l.f. Beauty has authorized a new $500 million share-repurchase program.

Warren Buffett’s Berkshire Hathaway on cusp of joining $1 trillion club

Warren Buffett’s Berkshire Hathaway is on the cusp of becoming just the ninth company in the world to achieve a $1 trillion valuation.

Nordstrom’s outlook gets a bit better as off-price sales keep growing

Shares of Nordstrom Inc. leapt higher after hours on Tuesday after the department-store chain nudged the low end of its full-year sales outlook higher, a move the company said was due to taxes and a “supply chain asset impairment.”

Trump’s latest NFT sale features onetime crypto critic holding bitcoin

Donald Trump’s latest collection of nonfungible tokens features an image of the former president holding a bitcoin logo, the newest sign he’s appealing to voters over cryptocurrency.

Why a $24.1 million Babe Ruth jersey may seem like a bargain in the years ahead

The sky appears to be the limit for the rarest of sports collectibles — just wait until the ultimate Michael Jordan uniform hits the auction block.
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