Thomas Fuller | SOPA Images | Lightrocket | Getty Images AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business. Here’s how the company did compared to LSEG consensus estimates: Earnings: $1.67 per share vs $1.45 … Read more
A Burger King restaurant is seen on October 25, 2024 in New York City. Michael M. Santiago | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales of Popeyes, Burger King and Tim Hortons declined. Shares of the company were roughly flat in premarket trading. Here’s what … Read more
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Here’s how the company performed … Read more
Charles Liang, CEO of Super Micro, speaks at the HumanX AI conference in Las Vegas on March 10, 2025. Big Event Media | HumanX Conference | Getty Images Super Micro issued disappointing guidance on Tuesday, a week after the server maker provided preliminary results for the latest quarter that fell shy of Wall Street’s expectations. … Read more
Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty Images Hispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said during recent earnings calls. Coca-Cola, Constellation Brands and Colgate-Palmolive are among the companies that have reported a slowdown … Read more
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from President Donald Trump‘s tariffs. The Detroit automaker said it expects to offset … Read more
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon’s cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss. Revenue at Amazon Web Services increased 17% to $29.27 billion, while analysts polled … Read more
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon reported better-than-expected results for the first quarter, but it gave soft guidance for the current period as the company navigates uncertainty around President Donald Trump’s sweeping tariffs. The stock fell … Read more
Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company’s closely-watched Services division came up light versus estimates. Shares of the iPhone maker fell as much as 4% in extended trading. Here’s how Apple did versus consensus estimates for the quarter ending in March: EPS: $1.65 vs. $1.63 estimated by LSEG … Read more
Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder Microsoft shares rose more than 6% in extended trading on Wednesday after the company reported better-than-expected quarterly results driven by its Azure cloud business. Here’s how the company … Read more