Here are the companies Yahoo Finance is watching today.
A mixed quarter at DSW (DSW). The shoe retailer fell short on earnings but beat on revenue, and same-store sales were up more than 5%. The CEO calls 2018 one of the best years in their history and says they are strategically positioned for more growth.
Better than expected results at Michael's (MIK). The arts and crafts chain beat on profits and sales last quarter, though its guidance came in weaker than the street had hoped. It's been dealing with a transition after the longtime CEO stepped down abruptly last month.
Nvidia (NVDA) is making it a little easier for all of us to work on Artificial Intelligence. it just rolled out a $99 computer called the Jetson Nano. It's designed to be the brains of any AI creation. Nvidia says it's hopeful this will lower the bar so more developers can work on their AI creations.
it looks like Netflix (NFLX) wants no part of Apple's (AAPL) upcoming TV service. Netflix CEO Reed Hastings said the platform will not be selling subscriptions or offering customers existing content through the Apple service. Apple is expected to unveil its new streaming service at an event next week. Netflix added that it is a content company, not a tech company.
Budweiser (BUD) and Keurig Dr. Pepper (KDP) are teaming up to make bartending at home a lot easier. The beverage makers are moving forward with the K-cup machine they made for cocktails through a joint venture with Drinkworks. This comes as sales for the companies' key products decline. The drinkmaker is available for pre-order for just under $300.