Check out the companies making headlines in after-hours trading. Alphabet — Shares of search engine giant Alphabet ticked 1% higher after Anthropic and Google officially announced their cloud partnership Thursday. The deal, worth tens of billions of dollars, gives Anthropic access up to one million of Google’s custom-designed Tensor Processing Units, or TPUs. Ford Motor — Shares of the Detroit automaker jumped 4% in after-hours trading. Ford Motor’s third-quarter earnings results exceeded Wall Street’s expectations, but the company lowered its full-year guidance due to impacts of a fire at an aluminum supplier. Ford reported adjusted earnings per share of 45…
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Workers at a factory in Houston, Texas build servers for Apple.AppleApple has started shipping advanced servers for artificial intelligence applications out of a factory in Houston, Texas, the company announced on Thursday.These servers are a core part of Apple’s commitment to spend $600 billion in the U.S. on advanced manufacturing, suppliers, and other initiatives, and the milestone could please President Donald Trump, who has called for Apple and other technology companies to do more manufacturing on U.S. shores.Apple’s plan to assemble servers in the U.S. was first revealed in February. Apple Chief Operating Officer Sabih Khan said on Thursday that…
The U.S. Attorney for Maryland had told superiors at the Department of Justice that she does not believe there is strong enough evidence to charge Sen. Adam Schiff of California with mortgage fraud, MSNBC reported Thursday.President Donald Trump has called on Attorney General Pam Bondi to criminally charge the California Democrat Schiff, a staunch critic of the president who acted as prosecutor in Trump’s first impeachment trial.MSNBC, citing three people familiar with the matter, reported that Maryland U.S. Attorney Kelly Hayes, in recent days, met with Deputy Attorney General Todd Blanche to update him on her investigation of Schiff.”Hayes, an…
ESPN and YouTube TV.David Buono | Icon Sportswire | Jaque Silva | NurPhoto | Getty ImagesJust a month after reaching an agreement with NBCUniversal to avoid dropping its networks, YouTube TV has another potential blackout on its hands — this time with Disney.Disney said Thursday it would begin running public messages for YouTube TV subscribers to alert customers that the company’s networks, including ABC and ESPN, will be dropped from the service if the two sides can’t reach a new distribution agreement, which expires October 30 at 11:59 p.m. ET.”This is the latest example of Google exploiting its position at…
Tesla third-quarter earnings missed expectations , and many analysts see a tough path for the electric vehicle maker ahead. Shares slipped 3% after the electric vehicle maker reported third-quarter adjusted earnings of 50 cents per share, missing the 54 cents per share analysts polled by LSEG had forecast. However, Tesla’s revenue came in at $28.10 billion, exceeding the expected $26.37 billion. Automotive revenue also jumped 6% year over year to $21.2 billion from $20 billion. Sales increased in the last quarter, as many customers pulled their purchases forward before the expiration of federal tax credits for electric vehicles. Going forward,…
A Target logo is displayed outside one of their stores on August 2, 2025 in San Diego, California. Kevin Carter | Getty ImagesTarget said on Thursday it’s cutting 1,800 corporate jobs as the retailer tries to get back to growth after four years of roughly stagnant sales.It marks the first major round of layoffs in a decade for the Minneapolis-based retailer. It announced the layoffs in a memo sent by Target’s incoming CEO Michael Fiddelke to employees at its headquarters.The eliminated roles are a combination of about 1,000 employee layoffs and about 800 positions that will no longer be filled,…
Intel CEO Lip-Bu Tan holds a wafer of CPU tiles for the Intel Core Ultra series 3, code-named Panther Lake, outside the Intel Ocotillo campus in Chandler, Arizona. Panther Lake is the first client system-on-chips (SoCs) built on the Intel 18A process node.Courtesy: IntelIntel reported third-quarter results on Thursday in which sales beat analyst estimates, signaling that demand for its core x86 processors for PCs has recovered.Shares of the chipmaker were up 6% in extended trading on Thursday, and they’re up over 87% so far this year.Here’s how Intel did versus LSEG consensus estimates:Revenue: $13.65 versus $13.14 billion estimatedEPS: $0.23,…
Charles Liang, CEO of Super Micro, speaks at the Computex conference in Taipei, Taiwan, on June 1, 2023.Walid Berrazeg | Sopa Images | Lightrocket | Getty ImagesSuper Micro Computer shares fell 6% on Thursday after the company released weak preliminary results for its fiscal first quarter of 2026.The server maker said it expects to report $5 billion in revenue for the quarter, down from the $6 billion to $7 billion guidance that the company had previously issued. Super Micro said “design win upgrades” pushed some expected first-quarter revenue to the second quarter.”We see customer demand accelerating, and we are gaining…
Intel earnings due after Thursday’s close have a high bar to beat, particularly after a handful of large investments have shored up the the once beaten-down chipmaker. While some analysts are sticking by the company, many see worse days ahead for the stock. Intel shares have soared nearly 28% over the past month, putting its year-to-date gain at about 87%. The rally followed the Trump administration’s decision in August to take a 10% stake in Intel, negotiating an $8.9 billion investment through the purchase of 433.3 million shares at $20.47 per share. As the only American company capable of making…
Investors looking to earn income and keep pace with inflation should turn to dividend-growth stocks, according to investor Kevin Simpson. Dividend stocks in general should get a boost from the Federal Reserve ‘s rate-cutting cycle, he said. As yields come down in bonds, dividend payers begin to look relatively more attractive to income investors. The central bank is set to meet next week and the market is pricing in 99% odds of another rate cut. It meets again in December, when it is also expected to decrease rates. Yet not all dividend stocks are created equal. Simpson, founder and chief…
