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GameStop quarterly revenue misses estimates amid struggles with digital pivot

GameStop quarterly revenue misses estimates amid struggles with digital pivot

Dec 9 (Reuters) - GameStop posted third-quarter revenue below analysts' estimates on Tuesday, as the video game retailer struggles to gain ground following its pivot to digital downloads and streaming, sending its shares down 5.8% in after-hours trading.
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Federal Reserve Poised for Third Interest Rate Cut Amid Inflation Concerns

Federal Reserve Poised for Third Interest Rate Cut Amid Inflation Concerns

Federal Reserve Poised for Third Interest Rate Cut Amid Inflation Concerns
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Oracle's Anticipated Stock Movement Ahead of Earnings Report

Oracle's Anticipated Stock Movement Ahead of Earnings Report

Oracle's Anticipated Stock Movement Ahead of Earnings Report
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Caleres Reports Increased Sales in Q3 2025 Amid Stuart Weitzman Acquisition

Caleres Reports Increased Sales in Q3 2025 Amid Stuart Weitzman Acquisition

Caleres Reports Increased Sales in Q3 2025 Amid Stuart Weitzman Acquisition
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CFOs Optimistic About U.S. Economy Despite Lukewarm Views on President Trump's Performance

CFOs Optimistic About U.S. Economy Despite Lukewarm Views on President Trump's Performance

CFOs Optimistic About U.S. Economy Despite Lukewarm Views on President Trump's Performance
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Federal Reserve Poised for Third Rate Cut Amid Inflation Concerns

Federal Reserve Poised for Third Rate Cut Amid Inflation Concerns

Federal Reserve Poised for Third Rate Cut Amid Inflation Concerns
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Graphic Packaging Announces $60 Million Cost Reduction Plan Amidst Financial Adjustments

Graphic Packaging Announces $60 Million Cost Reduction Plan Amidst Financial Adjustments

Graphic Packaging Announces $60 Million Cost Reduction Plan Amidst Financial Adjustments
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Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries

By Aditya Soni Dec 9 (Reuters) - Months after Oracle's $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm has given way to doubts about its reliance on OpenAI and debt-fueled datacenter buildout, which will dominate its earnings on Wednesday.
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Virco Manufacturing Reports Earnings, Misses Estimates by $0.55 EPS

Virco Manufacturing Reports Earnings, Misses Estimates by $0.55 EPS

Virco Manufacturing Reports Earnings, Misses Estimates by $0.55 EPS
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Australia business conditions soften in November, capacity constrained

Australia business conditions soften in November, capacity constrained

SYDNEY, Dec 9 (Reuters) - A measure of Australian business conditions pulled back in November as sales and profits both eased after a couple of strong months, a survey showed on Tuesday, while many firms still reported limited spare capacity.
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Campbell's beats sales estimates on resilient demand for packaged food products

Campbell's beats sales estimates on resilient demand for packaged food products

Dec 9 (Reuters) - Campbell's Co beat Wall Street estimates for first-quarter sales on Tuesday, helped by resilient demand for its canned soups and ready-to-eat meals as consumers opt to eat more at home amid economic uncertainty.
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Trump to tout economic gains in Pennsylvania amid voter cost concerns

Trump to tout economic gains in Pennsylvania amid voter cost concerns

By Nandita Bose and Jarrett Renshaw PHILADELPHIA, Dec 9 (Reuters) - President Donald Trump will visit Pennsylvania on Tuesday to defend his economic record and try to counter voter anxiety over rising costs, as Republicans brace for a tough fight to hold Congress in next year’s midterms.