Hewlett Packard Enterprise Co (NYSE:HPE, XETRA:2HP) shares moved almost 5% lower afterhours as a decline in server revenue weighed on an otherwise strong report for the fiscal fourth quarter.
For the quarter ended October 31, server revenue was $4.5 billion, down 5% year-over-year, with an operating profit of 9.8%, compared to 11.6% from the year-ago period.
PVH Corp. (NYSE:PVH), which owns the clothing brands Calvin Klein and Tommy Hilfiger, saw its shares plummet almost 12% on Thursday as it warned of continued tariff impacts despite a third quarter earnings beat.
The apparel company reported revenue of $2.29 billion for the fiscal third quarter, a 2% increase from a year earlier and ahead of its guidance for flat to slightly higher sales. This was ahead of Wall Street estimates of $2.27 billion.
Salesforce Inc (NYSE:CRM, XETRA:FOO) delivered better-than-expected results for its third quarter of fiscal 2026, with analysts highlighting strong momentum in the company’s AI-focused Agentforce platform and an improving pipeline of customer deals.
Shares of Salesforce surged 3.8% on Thursday afternoon after the cloud software giant reported total revenue of $10.26 billion, roughly in line with Street estimates of $10.27 billion, while non-GAAP earnings per share came in at $3.25, well above the $2.86 expected.
US-based digital health company Hims & Hers Holdings Inc (NYSE:HIMS) is entering the Canadian market following its acquisition of Livewell, a Canadian telehealth platform focused on weight loss and other wellness services.
The move positions Hims & Hers to launch a Canadian weight loss program in 2026, coinciding with the availability of the first generic semaglutide.
Intel Corp (NASDAQ:INTC, XETRA:INL) announced that it plans to retain its networking and communications unit, NEX, after evaluating strategic options for the business.
The decision comes after a period in which Intel explored selling various assets to improve its financial position. Over the summer, the company secured an $8.9 billion investment from the US government for a 10% stake, along with $2 billion from SoftBank Group and $5 billion from Nvidia Corp (NASDAQ:NVDA, XETRA:NVD).
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) shares added more than 4% on reports CEO Mark Zuckerberg is considering scaling back the company’s Metaverse investments.
According to a Bloomberg News report, Meta executives have discussed potential budget cuts of up to 30% for the metaverse group in 2026, which includes Meta Horizon Worlds and the Quest virtual reality unit.
Kroger Co (NYSE:KR, XETRA:KOG) swung to a quarterly loss in the third quarter as rising expenses weighed on results, despite modest growth in core sales.
The US grocery giant reported earnings per share of $1.05, slightly above analysts’ expectations of $1.04, while revenue fell short at $33.9 billion, below the $34.2 billion estimate.
Discount retailer Dollar General Corp (NYSE:DG) reported better-than-expected third-quarter earnings on Thursday, driven by higher traffic and improved profit margins, and raised its full-year guidance, sending shares up nearly 9% in early trading.
For the quarter ended November 1, Dollar General posted revenue of $10.65 billion, slightly above analysts’ expectations of $10.64 billion and up 4.6% from a year earlier.
Snowflake Inc (NYSE:SNOW) reported third quarter earnings that beat Wall Street expectations, but shares fell about 9% in early trade as the company forecast slower product revenue growth for the fourth quarter, partly due to discounts on large, long-term deals.
The cloud data analytics expects product revenue growth of 27% in Q4, down from 29% growth in the October quarter, reaching $1.16 billion.
Gunnison Copper Corp (TSX:GCU, OTCQB:GCUMF) announced that Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has produced the first copper from the Johnson Camp mine in Arizona using its Nuton bioleaching technology, marking the initial commercial-scale output from the process.
The first copper cathode was produced last month following more than three decades of research and development, according to the companies, Gunnison said on Thursday.
Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) shares climbed 7% to 8.18p after the explorer struck what it called a “transformational” strategic partnership with Navitas Petroleum, giving the larger group options to farm into two of Eco’s key offshore blocks and potentially take stakes in the rest of its Atlantic portfolio.
Navitas has paid Eco US$2 million for exclusive options over the Orinduik Block offshore Guyana and Block 1 CBK off South Africa.