Tag: earnings

Microsoft Beats Wall Street Estimates With $90 Billion in Quarterly Revenue on AI Growth

Microsoft posted $90 billion in quarterly revenue, beating Wall Street estimates on strong cloud growth and rising AI adoption, sending shares up nearly 3%

Shell’s Profit More Than Doubles to $9.84bn as Iran War Drives Up Energy Prices

Shell posted its best quarterly profit in four years at $9.84bn as the Iran war drove up oil and gas prices, reviving calls for a windfall tax.

Stellantis Returns to Profit on North America Rebound, but Shares Slide 5%

Stellantis swung back to profit in Q2 as North American demand tripled operating income, but weaker-than-expected results sent shares down about 5%.

Rolls-Royce Lifts Guidance as Defense Spending and AI Data Center Demand Fuel Growth

Rolls-Royce shares surged after the company hiked full-year guidance, driven by rising defense budgets and a more than 50% jump in AI data center power ord

Meta Shares Slide Nearly 8% After Earnings Miss Overshadows Zuckerberg’s AI Push

Meta Platforms stock tumbled nearly 8% after second-quarter earnings missed forecasts, undercutting Mark Zuckerberg's public campaign promoting AI.

Samsung Second-Quarter Profit Surges as AI Chip Demand Offsets Mobile Weakness

Samsung Electronics reported a sharp jump in second-quarter operating profit as soaring AI memory chip demand offset weakness in its mobile business.

US Stock Futures Climb as Microsoft Surges on Strong Earnings After Fed Selloff

US stock futures climbed as Microsoft jumped on strong earnings, helping investors recover from a selloff after the Federal Reserve held rates steady.

Rheinmetall Q2 Revenue Jumps Nearly 70% as European Defense Spending Surges

Rheinmetall reported a nearly 70% surge in Q2 revenue and profit that beat forecasts, fueled by rising European defense spending and a growing order backlo

SoFi Shares Slide Despite Earnings Beat as Investors Question Cautious Guidance

SoFi Technologies shares dropped after topping earnings estimates, as investors focused on restrained guidance and its aggressive consumer lending push.

Ford Raises Annual Guidance After Strong Quarter, Citing Robust Pricing and Resilient Demand

Ford lifted its full-year guidance after a second-quarter earnings beat, citing strong pricing and resilient demand. Shares rose about 4% on the news.

KLA Shares Tumble on Weak Guidance Despite Fourth-Quarter Earnings Beat

KLA Corporation shares tumbled after weak forward guidance overshadowed a fourth-quarter earnings beat, putting the chip-equipment maker on pace for its wo