Dell Technologies Inc (NASDAQ:DELL) reported mixed earnings for the first quarter but raised its full-year profit outlook amid strong demand for its AI-related systems, sending its share higher afterhours.
For the full year, adjusted earnings per share (EPS) are expected to be $9.40 at the midpoint, up 15%. This is $0.10 higher than Dell’s outlook issued earlier in the year.
Gap Inc (NYSE:GPS) fell more than 15% in after-hours trading on Thursday as a flat revenue forecast for the second quarter and ongoing tariff concerns overshadowed better-than-expected first-quarter results.
The apparel retailer reported Q1 revenue of $3.5 billion, above estimates of $3.42 billion and up 2% year-over-year.
Boeing Co (NYSE:BA, ETR:BCO) shares moved higher after the airplane manufacturer’s CEO Kelly Ortberg announced plans to up production of 737 MAX aircraft.
Speaking at a Bernstein conference on Thursday, Ortberg outlined a strategy to increase production from the mid-30s per month to 42 by midyear and ultimately to 47 per month by the end of 2025.
C3.ai (NYSE:AI) shares surged more than 26% after the enterprise AI software firm’s fiscal fourth quarter earnings topped analyst expectations for revenue and profit, driven by accelerating demand for its Generative AI products and an uptick in partner-driven deals.
Revenue for Q4 rose 26% year-over-year to $108.7 million, beating estimates of $107.8 million, while net loss per share of $0.16 came in ahead of the expected $0.20 loss.
Canadian Imperial Bank of Commerce (CIBC) (TSX:CM) posted a strong earnings report for the fiscal second quarter of 2025, with both revenue and profit exceeding market expectations.
For the quarter, adjusted earnings per share of $2.05 beat estimates of $1.88.
Royal Bank of Canada (TSX:RY) reported an 11% rise in second-quarter profit on Thursday, bolstered by its acquisition of HSBC’s Canadian operations and continued strength in its wealth management segment.
Net income rose to C$4.4 billion ($3.22 billion) for the quarter ended April 30, up from C$4 billion a year earlier. Adjusted earnings came in at C$3.12 per share, compared with C$2.92 a year ago.
Best Buy Co Inc (NYSE:BBY) posted mixed earnings for the first quarter and cut its full-year sales and profit outlook as tariffs have increased the cost of electronics.
For fiscal 2026, the retailer now expects revenue in the range of $41.1 billion to $41.9 billion, down from its earlier guidance of $41.4 billion to $42.2 billion.
Tesla Inc (NASDAQ:TSLA) shares rose in early trading on Thursday after CEO Elon Musk’s formal departure from the Trump White House.
The move marks a “clear positive” for the electric vehicle maker, according to Webush’s Dan Ives, and signals renewed focus on its autonomous and robotics ambitions.
HP Inc (NYSE:HPQ) shares fell more than 6% in early trade on Thursday after the technology company trimmed its full-year outlook, citing added costs due to US tariffs, and reported mixed earnings for the fiscal second quarter.
The company now expects full-year earnings per share (EPS) in the range of $3 to $3.30, below the Street consensus of $3.50.