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This list tracks the largest earnings beats for companies recently reporting earnings. This list is produced daily using the real-time earnings results reported by Selerity and limited to the top 30 stocks that meet the criteria.
Walt Disney Co and Target Corp announced a collaboration on Sunday that will open 25 Disney stores inside select Target locations nationwide on October 4, with plans for 40 additional sites by October next year. Disney said in a statement that the "shop-in-shop" would feature an array of more than 450 items from the company, including more than 100 products previously only available at its locations. Disney stores will launch inside Target in major cities such as Philadelphia, Denver and Chicago.
Fresh from a powerful three-year surge, the software industry is entering a new period of uncertainty. Shares in Salesforce, the leading software-as-a-service player, surged more than 6 per cent on Thursday after a quarterly earnings report that dispelled recent worries about flagging growth. Meanwhile, tax and small business software company Intuit, which has seen its stock market value jump nearly threefold over the past four years, to $71bn, forecast another solid year of growth, sending its shares up 5 per cent.
Win Cramer thought his company was out of the firing line in the escalating Sino-U.S. trade war after his "Made-in-China" wireless headphones, speakers and earbuds were taken off Washington's tariff list a year ago. Little did the JLab Audio chief executive know that nine months later those products would again be targeted, posing an even greater risk to his California-based company. Earlier this month, U.S. President Donald Trump unexpectedly put off new 10% tariffs on about half of $300 billion of targeted Chinese imports until Dec. 15.
The cloud software provider continues to impress, touting strong second-quarter earnings and an improved outlook for the rest of 2019.