Latest in Block reports revenue miss but a slight beat on earnings
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Block reports revenue miss but a slight beat on earnings
Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.Business - CNBC - 12 hours ago -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Airbnb misses on earnings but squeaks in a revenue beat
Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.Business - CNBC - 18 hours ago -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - October 30 -
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.Business - MarketWatch - October 15 -
Qualcomm pops on chipmaker's earnings and revenue beat
Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.Business - CNBC - Yesterday -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
Pinterest’s stock tumbles as earnings show slim revenue beat
Pinterest Inc.’s stock tumbled in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.Business - MarketWatch - 14 hours ago -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - October 29 -
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - October 31 -
Uber logs an earnings beat — but misses on a closely watched industry metric
Uber’s stock is falling after a miss on gross bookings, which measures the dollar value of things like rides and delivery orders.Business - MarketWatch - October 31 -
CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge
CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.Business - MarketWatch - 2 days ago -
Yum Brands earnings miss estimates as KFC, Pizza Hut report same-store sales declines
KFC and Pizza Hut both reported steeper-than-expected declines in their same-store sales.Business - CNBC - 3 days ago -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
Louis Vuitton Owner LVMH Misses Revenue Expectations
The French luxury empire said the decline in revenue during the quarter was mainly due to lower growth in Japan.Business - The Wall Street Journal - October 15 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - October 29 -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - October 31 -
Colorado star Travis Hunter misses second half of 34–7 win over Arizona with aggravated shoulder injury
Colorado two-way star Travis Hunter missed the second half of a 34–7 win Arizona after suffering a reported slight re-aggravation of a shoulder injurySports - Yahoo Sports - October 19 -
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Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22 -
Tesla shares jump in third-quarter earnings even as expected revenue is lower
After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...World - The Guardian - October 23 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31 -
Sam Altman Says the Path to Better AI Is Blocked by Missing Computer Power
Having access to piles of cash and some of the world’s most powerful AI processing chips isn’t enough for OpenAI to release new products at its chosen pace, its CEO claims.Business - Inc. - 6 days ago -
Krispy Kreme’s stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.Business - MarketWatch - Yesterday -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.Business - CNBC - October 15