Amazon Stock Jumps on Earnings Beat, Cloud Growth
Amazon stock jumped in extended trading Thursday after the company reported better-than-expected third-quarter results driven by growth in its cloud and advertising businesses.
Amazon Stock Jumps on Earnings Beat, Cloud Growth
Amazon stock jumped in extended trading Thursday after the company reported better-than-expected third-quarter results driven by growth in its cloud and advertising businesses.
Amazon’s Mammoth Q3 E-com and Cloud Business Impresses Wall Street
Amazon's $159 billion beats the estimates, as ad, cloud and e-commerce power on revenue growth.
Amazon profits boosted
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company's stock up in after-hours trading.
SiteOne Landscape Supply (NYSE:SITE) Announces Earnings Results, Misses Estimates By $0.21 EPS
SiteOne Landscape Supply (NYSE:SITE – Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.21), Briefing.com reports. SiteOne Landscape Supply had a return on equity of 10.27% and a net margin of 3.50%. The business […]
EBay Stock Sinks on Concerns About Holiday Shopping Season
EBay's guidance for the key holiday shopping season didn't impress investors, and shares dropped Thursday.
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.
Uber Stock Plunges as Q3 Bookings Disappoint
Uber Technologies shares are dropping Thursday, as the ride-hailing giant posted weaker-than-expected gross bookings in the third quarter.
Roku Stock Tumbles on Disappointing Outlook, Plan To Withhold Streaming Numbers
Roku shares are tumbling 15% in premarket trading Thursday, a day after the company posted a disappointing fourth-quarter outlook and said it would stop issuing quarterly household streaming figures starting next year.
Alphabet sees 35% increase in cloud revenue in Q3 as stock soars
Big tech week is upon us, and it got off to a pretty good start with Alphabet (NASDAQ:GOOG), which posted blowout third quarter earnings, led by a 35% surge in cloud revenue.
Amazon Earnings: Stock Climbs As E-Commerce Giant Beat Expectations
The online shopping giant reported its third-quarter earnings Thursday.
Microsoft's Earnings Exceed Expectations But Cloud Growth Forecast Disappoints
Microsoft delivered fiscal first-quarter earnings that topped Street expectations, but shares fell after a warning its cloud growth could slow.
Facebook parent Meta projects sharp acceleration in AI costs after results beat Wall Street targets
Facebook owner Meta Platforms beat analysts' estimates for third-quarter revenue and profit on Wednesday, but warned of "significant acceleration" in infrastructure expenses related to its artificial-intelligence buildout, sending mixed signals about whether higher digital ad sales from its core social media bus
Meta earnings blast forecasts, but Facebook parent sees big capex increase
Meta Platforms posted stronger-than-expected third quarter earnings Wednesday, as well as a boost in its overall user base, as the social media giant continues to invest billions in AI technologies to drive ad sales and customer growth.
Meta's profit surges 35%
Meta Platforms Inc. posted stronger-than-expected results for the third quarter on Wednesday as its advertising revenue continued to grow.
Microsoft beats quarterly revenue estimates
:Microsoft beat Wall Street estimates for first-quarter revenue on Wednesday as efforts to build out data center capacity and AI-driven demand boosted its cloud business.Shares of the Redmond, Washington-based company rose about 2 per cent in trading after market hours. The quarterly earnings are Micr
Microsoft forecasts slower cloud business growth in second quarter
:Microsoft said on Wednesday it expects growth for its cloud business Azure to slow and capital expenditures to rise during the current quarter.Shares of the Redmond, Washington-based company dipped 3.7 per cent in after-market trading, giving up earlier gains. It forecast second-quarter Azure growth
Reddit skyrockets 42% on strong earnings beat and AI-driven growth
Reddit stock surged 42% Wednesday to trade at a record high after reporting a strong earnings beat.Reddit's revenue jumped 68% from a year ago, partly
Snap Stock Gets a Boost From Revenue Growth, Buyback Plan
Shares of Snap jumped Wednesday after the social media company posted better-than-anticipated results and announced a stock buyback.
Wingstop Stock Drops 20% as Costs Weigh on Q3 Profits
Wingstop reported lower profits for the third quarter Wednesday morning, sending its stock sharply lower.
last updated on 1 Nov 04:27