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Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations
Associated Press20d agoneutral
Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations

Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street's expectations thanks to strong sales of the iPhone and MacBook computers. Apple raised the prices of its Macs and iPads last month, citing a memory-chip shortage brought on by the artificial intelligence boom. The company had called the demand spike an “unprecedented challenge” for the consumer electronics industry.

Coinbase Swings to Loss After Another Challenging Quarter for Crypto
The Wall Street Journal20d agoneutral
Coinbase Swings to Loss After Another Challenging Quarter for Crypto

The largest crypto exchange in the U.S. on Thursday posted a loss of $359 million, or $1.36 a share, compared with a profit of $1.4 billion, or $5.14 a share, a year earlier. The loss included a $209.5 million unrealized loss on the value of crypto assets held for investment. As part of its broader push to build an “everything exchange,” Coinbase has expanded into new financial products such as stock trading and prediction markets, which allow users to bet on yes-or-no questions about outcomes ranging from sports games to elections.

Apple exceeds Q3 earnings estimates, boasts $109.4 billion in revenue
Yahoo Finance Video20d agoneutralVIDEO
Apple exceeds Q3 earnings estimates, boasts $109.4 billion in revenue

Apple (AAPL) released results for its fiscal third quarter, revealing earnings of $2.02 per share (vs. estimates of $1.80) and revenue of $109.42 billion (vs. estimates of $108.85 billion). The stock is ticking lower in Thursday's after-hours trading. Asking for a Trend Host Josh Lipton dives into Apple's earnings figures.

Bloomberg20d agoneutral
Strategy Shores Up Liquidity as Faithful Wait on Rebound

(Bloomberg) -- After roiling crypto markets with a sweeping overhaul of the financing model underpinning Strategy Inc.’s Bitcoin buying blueprint, Michael Saylor has investors wondering what’s next while reporting another multibillion loss tied to the declining value of the cryptocurrency accumulator’s holdings. Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middle EastChip Stocks Post Biggest Advance Since April 2025: Markets WrapBond Yields at 19-Year High Send Warsh

Crypto exchange Coinbase reports third straight quarterly loss on trading slowdown
Reuters20d agoneutral
Crypto exchange Coinbase reports third straight quarterly loss on trading slowdown

Cryptocurrency ‌exchange Coinbase Global on Thursday ‌recorded a third consecutive quarter of losses, ​hurt by lower transaction revenue as a prolonged downturn in crypto markets curbed trading activity. Shares of the crypto ‌exchange were down ⁠4.9% in trading after the bell. Cryptocurrency markets came under ⁠pressure during the April-to-June quarter as investors shunned riskier assets amid ​uncertainty over ​U.S. interest rates, ​geopolitical tensions and ‌persistent outflows from crypto investment products.

Is Modine Manufacturing (MOD) A Bargain After Strong Earnings And Higher Sales Guidance?
Simply Wall St.20d agoneutral
Is Modine Manufacturing (MOD) A Bargain After Strong Earnings And Higher Sales Guidance?

Modine Manufacturing (MOD) is in focus after reporting first quarter results on July 29, with earnings per share and net income above the prior year, as well as new guidance for higher net sales in fiscal 2027. See our latest analysis for Modine Manufacturing. Despite the strong first quarter report and updated guidance, Modine Manufacturing’s share price has recently given back ground, with the 30 day share price return down 30.55% and the 1 day move down 14.43%. However, the 1 year total...

Solstice Advanced Mat Q2 Earnings Call Highlights
MarketBeat20d agoneutral
Solstice Advanced Mat Q2 Earnings Call Highlights

Solstice Advanced Mat (NASDAQ:SOLS) reported second-quarter results that exceeded its prior guidance range, supported by demand in refrigerants, nuclear energy, electronic materials and healthcare packaging. The company also raised its full-year outlook as it continues to invest in capacity expansio

Silicon Motion Technology Q2 Earnings Call Highlights
MarketBeat20d agoneutral
Silicon Motion Technology Q2 Earnings Call Highlights

Silicon Motion Technology (NASDAQ:SIMO) reported record second-quarter revenue of $451 million, up 32% sequentially and 127% from a year earlier, as growth in automotive storage, enterprise boot drives, embedded controllers and new enterprise SSD products exceeded the company’s expectations. Presid