Check out the companies making headlines after the bell : Qualcomm — The semiconductor company fell 5% despite posting a fiscal third-quarter beat on both the top and bottom lines. Qualcomm posted adjusted earnings of $2.77 per share on revenue of $10.37 billion. Analysts polled by LSEG had expected earnings of $2.71 per share and $10.35 billion in revenue. Microsoft — Shares climbed 7% after the tech titan reported fiscal fourth-quarter earnings of $3.65 per share, exceeding the $3.37 per share analysts polled by LSEG had penciled in. Microsoft’s revenue increased 18% to $76.44 billion from $64.7 billion a year…
Author: usaeverydaylife
Signage at eBay headquarters in San Jose, California, U.S.David Paul Morris | Bloomberg | Getty ImagesShares of eBay popped 10% in extended trading on Wednesday after the online marketplace posted stronger-than-expected results for the second quarter, and offered an upbeat forecast for the current period.Here’s how the company did in the second quarter compared to analyst estimates compiled by LSEG.Earnings per share: $1.37 adjusted vs. $1.30 expected Revenue: $2.73 billion vs. $2.64 billion expected GMV, or the dollar value of items sold, grew 6% year over year to $19.5 billion. That topped analysts’ projected $18.9 billion, per StreetAccount estimates.For the…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024.David Paul Morris | Bloomberg | Getty ImagesFigma, the developer of design software that was supposed to get acquired by Adobe, priced its IPO on Wednesday at $33 per share, above its expected range.The company’s stock will debut on the New York Stock Exchange under the ticker symbol “FIG” on Thursday. The offering raised $1.2 billion, with most of the proceeds going to existing stockholders.Figma is aiming to take advantage of a public market that has slowly reopened for tech IPOs.…
Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025.Jason Redmond | AFP | Getty ImagesThe $4 trillion club has a second member, at least based on after-hours trading. Following a better-than-expected earnings report on Wednesday, Microsoft shares jumped 8%, lifting the software giant’s market cap to about $4.1 trillion. Should the rally stick on Thursday, Microsoft would join chipmaker Nvidia, which hit $4 trillion for the first time earlier this month. Microsoft reported 18% revenue growth, its fastest rate of expansion in over three…
Robinhood beat Wall Street expectations for the second quarter Wednesday.Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG:Earnings per share: 42 cents vs. 31 cents expectedRevenue: $989 million vs. $908 million expectedRevenue jumped 45% year-over-year to $989 million, while net income more than doubled to $386 million, up 105% from the same quarter last year.The number of funded customers climbed by 2.3 million to 26.5 million, topping the StreetAccount estimate of 26.1 million. Investment accounts also grew 10% year-over-year to 27.4 million.Total platform assets nearly doubled, rising 99% from a year earlier to…
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty ImagesArm Holdings shares dipped as much as 9% in after-hours trading on the company’s first-quarter earnings results Wednesday. Here’s how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: 35 cents vs. 35 cents expected.Revenue: $1.05 billion vs. $1.06 billion expected.The company said it expects second-quarter revenue in the range of $1.01 billion to $1.11 billion, which was in line with $1.05…
The Minister of the Supreme Court of Brazil, Alexandre de Moraes, participates in the plenary session of the Supreme Court (STF) in Brazil on Feb. 20, 2025, after the Attorney General’s Office (PGR) indicts the former president of Brazil, Jair Bolsonaro, for plotting a coup d’etat in 2023. Ton Molina | Nurphoto | Getty ImagesThe U.S. Treasury Department on Wednesday imposed sanctions on Brazilian Supreme Federal Court Justice Alexandre de Moraes, who has been a target of criticism by President Donald Trump for his handling of legal cases involving former Brazilian President Jair Bolsonaro.Shortly after those sanctions were announced, Trump imposed…
Cristiano Amon, CEO & President, Qualcomm, on Centre Stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Shauna Clinton | Sportsfile | Getty ImagesQualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guide for the current quarter. Qualcomm shares slid in extended trading.Here’s how the chipmaker did for the quarter ending June 29 compared to LSEG consensus expectations:Earnings per share: $2.77 adjusted versus $2.71 expectedRevenue: $10.37 billion versus $10.35 billion expectedIn the current quarter, Qualcomm said it expected $2.85 per share at the midpoint of adjusted earnings…
The upward wave in shares of Danaher since the life sciences company reported second-quarter earnings has left patient investors wondering whether the rally has staying power this time. Danaher has been a tough stock to own for the Club since we initiated a position in January 2022. Among the myriad headwinds have been the slow post-Covid economic recovery in China, customer over-ordering due to the pandemic supply chain crisis, fewer biotechs going public to spend on Danaher’s equipment, and President Donald Trump ‘s tariffs and cuts in National Institutes of Health spending. “Danaher always seems to be on the verge…
