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SpaceX revenue jumps 92% in first earnings report
AFP13d agobullish
SpaceX revenue jumps 92% in first earnings report

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first earnings report since going public in June, the company announced Tuesday.Investors remain skeptical even with SpaceX beating expectations, Emarketer Senior Analyst Gadjo Sevilla told AFP.  "I don't think people want to hear promises about the next five years or a mission to Mars," Sevilla said. 

Caterpillar Q2 Earnings Call Highlights
MarketBeat13d agoneutral
Caterpillar Q2 Earnings Call Highlights

Caterpillar (NYSE:CAT) reported record second-quarter sales and revenues of $20.5 billion, up 24% from a year earlier, as demand increased across its Construction Industries, Resource Industries and Power & Energy segments. The company said it was the first quarter in its history with more than

Arista Networks Stock Surges as Earnings Prove AI Demand Is Real
Barrons.com13d agobullish
Arista Networks Stock Surges as Earnings Prove AI Demand Is Real

Arista Networks stock soared Tuesday after the network infrastructure company reported better-than-expected second-quarter earnings. The results provided further evidence that demand for artificial-intelligence services is accelerating, with hardware suppliers like Arista among the main beneficiaries. Arista reported adjusted earnings of $1.02 a share for the second quarter, up from 73 cents last year and above analysts’ call for 89 cents, per FactSet.

Pinterest Earnings And Revenue Beat But Stock Slides Late
Investor's Business Daily13d agobullish
Pinterest Earnings And Revenue Beat But Stock Slides Late

Pinterest stock fell late Tuesday, despite reporting second-quarter results that topped expectations. Pinterest's in-line third-quarter guidance may have been a disappointment after rival digital ad platforms Reddit and Snap offered stronger forecasts. The San Francisco-based Pinterest earned an adjusted 43 cents per share for the June-ended quarter, up 30% from a year earlier and ahead of the 36 cents per share that analysts polled by FactSet were forecasting.