Noticias y eventos de Urban Outfitters Inc (URBN)URBNUrban Outfitters Inc

Salesforce Shares Rise 12.8% After Earnings Boost

The AI capex trade continued to work on Wednesday as gains in the Tech sector were paced by strong performance in computer hardware, communication equipment, and electronic components groups. Names like Arista Networks, Seagate, Western Digital, Corning, and Lumentumsaw outsized gains for the second consecutive session, and even infrastructure software performed well - Palantirand Oraclewere up nearly 3% on the day. Healthcare underperformed as investors booked profits after the sector's relative strength over recent weeks to rotate into AI-exposed areas of the market.Sentiment was also coiled heading into multiple blockbuster earnings announcements in the tech sector after hours, and the reporting companies did not disappoint. Nvidia was slightly weaker after earnings, but the management's forecast of 70% revenue growth in FY28 brought in buyers. Salesforce - the purported posterchild of "enterprise software as a victim of AI adoption" theme - spiked 13% to February highs as the company blew away estimates, raised guidance, and deepened its partnership with Anthropic. Meanwhile, cybersecurity and identity software stocks reporting results - Crowdstrike and Okta - also traded much firmer.In the opening hour of the evening session, US index futures reflect the optimism of positive earnings barrage - S&P e-minis are up 0.6% and NASDAQ 100 contract is up 1.1%.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Oktaup 20.3%Salesforceup 12.8%Lantronix (LTRX) up 12.2%Phibro Animal Health Corporation (PAHC) up 10.3%CrowdStrike Holdingsup 10.0%Veeva Systemsup 9.0%Nutanixup 8.1%Ooma, Inc.up 6.9%Agilent Technologiesup 4.6%NVIDIAup 4.2%Everpure, Inc.up 3.3%ALSO HIGHER -Tenable Holdingsup 7.8% after admission into S&P SmallCap 600 indexFunkoup 6.0% after insider buyDOWN AFTER EARNINGS -HP Inc.down 9.1%Urban Outfitters, Inc.down 3.6%Synopsysdown 1.0%ALSO LOWER -Wendy's Companydown 13.2% after Reuters report Trian is backing away from bid

URBN Reports Q2 Revenue of $1.66B, Highest in Company History

Reports Q2 revenue $1.66B, consensus $1.65B. Comparable retail segment net sales increased 6.2%. "We are pleased to report our highest adjusted profit quarter in Company history, marking our eighth consecutive quarter of record sales and profits. These results were driven by positive Retail segment 'comps' at every brand and continued double-digit growth in our Wholesale and Subscription segments," said Richard Hayne, CEO. "Our customers continue to respond favorably to our fashion assortments. This gives us confidence in URBN's ongoing success," finished Hayne.