Company News for Jun 2, 2025

• Shares of Costco Wholesale Corporation (COST) gained 3.1% after the company reported third-quarter fiscal 2025 earnings of $4.28 per share, beating the Zacks Consensus Estimate of $4.25 per share. 
• Ulta Beauty, Inc.’s (ULTA) shares soared 11.8% after the company reported first-quarter fiscal 2025 earnings of $6.70, surpassing the Zacks Consensus Estimate of $5.77. per share. 
• Shares of Dell Technologies Inc. (DELL) declined 2.1% after the company reported first-quarter 2025 earnings of $1.55 per share, missing the Zacks Consensus Estimate of $1.72 per share.
• American Eagle Outfitters, Inc.’s (AEO) shares fell 2% after the company reported first-quarter fiscal 2025 loss of $0.29 per share, wider than the Zacks Consensus Estimate of a loss of $0.25 per share. 

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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This article originally published on Zacks Investment Research (zacks.com).

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Source Zacks-com