Hormel Foods Cuts Sales Outlook on Lower Quarterly Revenue
The food company, which owns Spam and Skippy peanut butter, cut its outlook for annual sales to $12.1 billion to $12.2 billion, compared with a prior range of $12.2 billion to $12.5 billion.
Nvidia Reports Blowout Quarter, Says Demand for AI Chips Is Getting Even Hotter
Shares rallied as the chip giant forecast 70% revenue growth next year and defended its financial support of AI companies.
Salesforce Profit, Revenue Rise, Expands Partnership with Anthropic's Claude
