CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty ImagesPalantir’s head of global communications said Wednesday that the company’s political shift toward the Trump administration is “concerning.””I think it’s going to be challenging, as a lot of the company is moving pro-Trum-, you know, is moving in a certain direction,” communications chief Lisa Gordon said in an interview at The Information’s Women in Tech, Media and Finance summit.”It’s concerning,” she said, while noting she’s a Democrat…
Author: usaeverydaylife
Check out the companies making headlines in after-hours trading. Apple — Apple shares jumped 4% after the iPhone maker posted fiscal-fourth quarter earnings that exceeded analyst expectations. The company also gave a strong forecast for its December quarter driven by strong demand for its iPhone 17 line. Apple earned $1.85 per share on revenue of $102.47 billion. Analysts expected it to earn $1.77 per share on $102.24 billion in revenue, per LSEG. Cloudflare — Shares of the cloud company jumped more than 8% after Cloudflare delivered strong third-quarter results. Cloudflare said it earned 27 cents per share after adjustments, while…
Apple is scheduled to release fiscal fourth-quarter earnings after the stock market closes on Thursday, with most analysts optimistic that the iPhone maker will deliver another set of solid results. Analysts polled by LSEG estimate that Apple, led by CEO Tim Cook, will earn $1.77 per share on revenue of $102.24 billion in the quarter ended Sept. 30. This would represent earnings growth of 7.9% and a revenue rise of 7.7% versus the same period a year ago. Apple beat Wall Street’s forecasts for earnings and revenue in its fiscal third quarter that ended June 30. The company’s total revenue…
Deepwater’s Gene Munster joins ‘Fast Money’ to recap Apple and Amazon earnings. Source link
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024.Noah Berger | Getty ImagesAmazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts’ estimates.Revenue at Amazon Web Services for the third quarter totaled $33 billion. Analysts polled by StreetAccount had expected $32.42 billion, or growth of 18.1% from a year earlier. Operating income rose 9% from a year ago to $11.4 billion, also beating estimates and accounting for about two-thirds of Amazon’s total operating profit. AWS is the world’s…
The U.S. Capitol building, weeks into the continuing U.S. government shutdown, in Washington on Oct. 27, 2025. Kylie Cooper | ReutersBusinesses that contract with the federal government lost $12 billion in the first four weeks of the government shutdown, according to a report from the U.S. Chamber of Commerce released Thursday.The report, which the Chamber is sending to members of Congress, shows that 65,500 small businesses across the United States are losing around $3 billion per week from the shutdown.Companies affected by the shutdown include providers of high-tech machinery, office supplies, and landscaping services, according to the report, which was…
San Francisco Mayor Daniel Lurie speaks during a press conference at San Francisco City Hall on Oct. 23, 2025 in San Francisco, California.Justin Sullivan | Getty ImagesSan Francisco Mayor Daniel Lurie, who was recently thrust into a national debate about the safety of big cities, told CNBC on Thursday that he feels “pressure every day” to continue improving conditions for residents. Last week, President Donald Trump reversed plans for a “federal surge” in San Francisco. The potential National Guard deployment hit the headlines when Salesforce CEO Marc Benioff told the New York Times that he’d support Trump’s call for federal troops to be…
Mateusz Slodkowski | SOPA Images | Lightrocket | Getty ImagesNetflix announced a 10-for-1 stock split Thursday, a move that changes nothing fundamentally about the company, but could make the pricey individual shares more accessible to the retail investor.Existing shareholders as of Nov. 10 will receive nine additional shares for each one they hold. They’ll get that allotment on Nov. 14, and the stock will begin trading at the new post-split price on Monday, Nov. 17.Netflix, the streaming leader whose shares have boomed over the last three years to above $1,000 apiece, said it was making the change to “reset the…
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesCoinbase shares ticked up 2% Thursday as the crypto exchange posted strong financial results for the third quarter that exceeded Wall Street’s expectations.In the quarter ended Sept. 30, Coinbase net income rose to $432.6 million, or $1.50 per share, from $75.5 million, or 28 cents per share, a year ago. Earnings topped the consensus estimate of $1.10 reported by LSEG.Revenue rose to $1.87 billion from $1.21 billion in the same quarter last year, coming in above analysts’ expectations of $1.8 billion. Revenue tied to transactions came in 37% higher quarter-over-quarter at $1…
Stocks including Wingstop , Arista Networks and Shopify that are due to report next week have a track record of beating Wall Street’s earnings estimates and outperforming on the next trading day. The third-quarter earnings season is barely slowing down, with 129 companies in the S & P 500 — or just over a quarter of the index — on the docket to post results next week. Chipmakers AMD , Qualcomm and Arm Holdings will headline the week, but there will also be a notable showing from restaurants such as McDonald’s and other consumer-facing businesses. Stocks often enjoy a post-earnings…
