Apple narrowly beats estimates with boost from iPhone sales
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. This sent shares of Apple, the world's most valuable traded company, down two percent in extended trading after the results were posted.
Apple narrowly beats estimates with boost from iPhone sales
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. This sent shares of Apple, the world's most valuable traded company, down two percent in extended trading after the results were posted.
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summer quarter, an early sign that its AI efforts are paying off.
Apple narrowly beats estimates with boost from iPhone sales
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. The tech giant saw quarterly revenue of $94.9 billion in the three months ending September 28, up from the same period last year, in a…
Apple’s Shares Fall After Holiday Forecast Fails To Impress
Apple’s latest quarterly results exceeded expectations, including its iPhone revenue. However, this failed to stop a slide in their shares of 2% with analysts concerned about holiday sales. Then, there is a looming European tax bill and a softening of China sales. Apple claims total sales in the December period will only rise low-to-mid single... Read More
Robinhood Price Levels to Watch as Stock Drops After Promotion Causes Revenue Miss
Robinhood shares plunged Thursday after the online brokerage company missed Wall Street’s quarterly revenue expectations due to a customer promotion program. Monitor these key chart levels.
Carvana Stock Rockets as Profit, Sales Jump on Rising Demand for Used Cars
Carvana's stock price soared Thursday after its profit nearly tripled and the company boosted its outlook on increased demand for used cars.
Microsoft Stock Slumps, Weighing on Big Tech Shares, on Disappointing Forecast
Shares of Microsoft slid Thursday after the company’s revenue forecast fell short of Wall Street’s estimates as the cloud computing giant struggles to meet demand.
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.
Coca-Cola HBC reports strong third-quarter revenue growth
Coca-Cola HBC reported strong organic revenue growth of 13.9% in its third quarter on Thursday, fuelled by focused execution throughout the summer period.
TotalEnergies’ profit drops more than expected on refining slump
TotalEnergies plans to buy back $2bn of its shares in the fourth quarter, maintaining the same pace as prior periods this year.
Haleon 'on track' for full year, notwithstanding currency headwinds
Haleon reported organic revenue growth of 6.1% for the third quarter on Thursday, driven by balanced increases in both price and volume/mix at 3.3% and 2.8% respectively, though reported revenue declined by 0.6% due to currency impacts.
Meta shows strong growth as AI spending surges
Revenues rose 19 per cent to $40.6 billion, slightly higher than analyst estimates
SoftwareOne slashes revenue growth forecasts, shares tumble
ZURICH :SoftwareOne on Thursday appointed Raphael Erb as CEO from Nov. 1 as the Swiss company slashed its full-year revenue growth forecast on a weaker-than-expected third quarter, sending its shares plunging more than 25 per cent.The company cut its 2024 revenue growth target to 2-5 per cent from 7-9 per cen
Apple Earnings: Stock Wavers Despite Strong iPhone Sales
Apple reported $93 billion in net profit for its fiscal year ending last month.
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
SAN FRANCISCO (AP) — Apple snapped out of a recent iPhone sales slump during its summer quarter, an early sign that its recent efforts to revive demand for its marquee product with an infusion of artificial intelligence are paying off.
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.
Macquarie Profit Misses Estimates as Markets Unit Takes Hit
(Bloomberg) — Macquarie Group Ltd.’s profit fell short of analyst estimates as subdued volatility weighed on its key commodities and global markets business.
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.
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.
Meta projects sharp acceleration in AI costs after results beat Wall Street targets
:Facebook owner Meta Platforms on Wednesday warned of "significant acceleration" in artificial intelligence-related infrastructure expenses next year, while beating analysts' estimates for third-quarter revenue and profit.The results sent mixed signals to investors about whether digital ad sales from Meta's c
Meta shows strong growth as AI spending surges
Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors. Like its Big Tech peers, Meta is rushing into artificial intelligence as it tries to build revenue streams away from its social media core business.
Meta shows strong growth as AI spending surges
Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors. Like its Big Tech peers, Meta is rushing into artificial intelligence as it tries to build revenue streams away from its social media core business.
Moncler Group's Sales Fall 3% in Q3 2024
Primarily due to challenging market trends and the company's ongoing efforts to "upgrade the quality of the distribution network."
Netgear Turnaround Starts To Show Despite Declining Revenues
Struggling US networking Company Netgear has seen revenues slump another 7.6% in the last quarter with the Company, who are facing tough competition in Australia after Telstra chose to range a new high performance low cost ruggedised portable 5G router up against the popular Netgear product also struggling to make a profit. The business who... Read More
TotalEnergies' Profit Drops More Than Expected in Third Quarter Amid Sharp Drop in Refining Margins
(Bloomberg) — TotalEnergies SE reported a bigger-than-expected drop in profit for the third quarter as refining margins and oil prices fell.
Worldline matches Q3 revenue estimates on merchant services strength
French digital payments company Worldline reported on Wednesday third-quarter revenue broadly in line with analyst expectations, as a resilient performance in its merchant services business offset the termination of some contracts.Revenue in the third quarter of the year fell 1.1 per cent organically year
Worldline meets Q3 revenue estimates on merchant services strength
:French digital payments company Worldline reported on Wednesday third-quarter revenue broadly in line with analyst expectations, as a resilient performance in its merchant services business offset the termination of some contracts.Revenue in the third quarter of the year fell 1.1 per cent organically year-on
last updated on 1 Nov 07:32