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.
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.
Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.
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.
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'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 Stock Jumps 40% on Surprise Profit, Buoyant Outlook
Reddit shares are surging Wednesday after the social media firm posted its first quarterly profit as a public company with higher-than-estimated results and a rosy fourth-quarter outlook.
Reddit Stock Jumps on Surprise Profit, Buoyant Outlook
Reddit shares are surging 24% in premarket trading Wednesday after the social media firm posted its first quarterly profit as a public company with higher-than-estimated results and a rosy fourth-quarter outlook.
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.
last updated on 1 Nov 01:22