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Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides

Fri May 29 5:14 pm

Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.
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SentinelOne stock drops 8% as cyber firm trims headcount to boost AI investments

Fri May 29 4:09 pm

SentinelOne reported earnings after the bell Thursday and issued lackluster guidance for the current quarter and full-year.
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Dell stock skyrockets 32% for its best day ever as AI server revenue soars

Fri May 29 4:10 pm

Dell reported its fastest pace of revenue growth since returning to the public market in 2018, with AI server revenue soaring 757% over last year.
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Costco issues a lukewarm quarter, but delivers on the metric that matters most

Thu May 28 8:54 pm

It was not the best quarter, but far from bad.
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Stocks making the biggest moves after hours: Dell Technologies, American Eagle Outfitters, Gap & more

Thu May 28 6:57 pm

See which stocks are posting big moves after the bell.
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Costco says it saw 'record-breaking' gas volumes amid rising prices

Thu May 28 5:38 pm

Costco saw "recording-breaking volumes" of gas sales and said rising fuel prices drove first-time members to its stations.
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Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance

Thu May 28 6:01 pm

Gap issued mixed results as sales at its largest brand, Old Navy, fell short of estimates.
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Dell shares jump 39% after server maker reports fastest sales growth since return to public market in 2018

Fri May 29 7:06 pm

Dell has gone from being a sleepy legacy tech company to a high-growth AI story, assembling servers packed with graphics processing units.
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Okta jumps 8%, tops first-quarter results on agentic AI demand

Thu May 28 6:04 pm

CEO Todd McKinnon said Okta is "playing a long game" on AI and is allocating more resources to agentic tools.
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American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads

Thu May 28 6:06 pm

American Eagle beat Wall Street's expectations but sales at its namesake banner fell short of estimates after its latest Sydney Sweeney campaign.
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Snowflake surges 36% for best day ever on AI frenzy, fueling software rally

Thu May 28 4:37 pm

The Snowflake rally also lifted shares of ServiceNow, Oracle and Palantir, while Salesforce bucked the trend.
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Kohl's stock spikes 20% as slumping retailer says sales trends are improving

Thu May 28 4:02 pm

Kohl's reported its best comparable sales growth in four years on Thursday even as it saw revenue decline.
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