CNBC Earnings

Monzo's bump in revenues was driven by a spike in lending activity, with net interest income increasing 382% to £164.2 million.

The results show that Klarna is making "significant strides" toward profitability on a monthly basis by the second half of 2023, the firm said.

Apparel retailer Gap reported another quarter of net losses and sale dips across its four brands but did manage to significantly improve its margins.

Best Buy shares rose, but the retailer expects weaker spending on consumer electronics the rest of the year.

The mall-based retailer's results diverged from Abercrombie & Fitch's earlier in the day.

Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.

Nvidia is the top provider of advanced GPU chips for artificial intelligence.

Mall apparel retailer Abercrombie & Fitch surprised investors with a fiscal first-quarter profit, sending shares surging.

Kohl's unexpectedly posted a profit and reaffirmed its full-year guidance.

Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.

Shares of Urban Outfitters spiked about 8% after the company reported fiscal first-quarter earnings that beat on the top and bottom lines.

Lowe's beat first-quarter earnings expectations but lowered its full-year sales outlook.

Ryanair CEO Michael O'Leary said the airline's "industry leading" fuel hedging contributed significantly to its full-year profit.

Foot Locker shares plunged more than 27% on Friday after a slowdown in consumer spending led to a drop in sales and weak guidance.

Bath & Body Works saw year-over-year declines in sales and profits in its fiscal first quarter, but its stock surged after it raised its guidance for the year.

The discounter's report comes after Home Depot and Target posted weaker sales trends.

Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company. The e-commerce titan's quarterly revenues missed expectations.

Target's comparable sales were flat as consumers bought more necessities, and the retailer said it expects more sluggishness in the current quarter.

Tencent reported its fastest quarterly revenue growth in more than a year as the company saw a big rebound in payment volumes, ad sales, and gaming.

The home improvement retailer said customers are taking on smaller projects and skipping big-ticket purchases, such as patio sets and grills.