The chipmaker topped revenue estimates, but cautious guidance, supply constraints, and Apple headwinds weighed on investor sentiment.
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Equinix shares fell 3% on Wednesday as soft third-quarter forecast overshadowed a raised full-year and long-term outlook. Here are some details: • For the third quarter, Equinix expects revenue of $2.53 billion to $2.58 billion, the midpoint of which is below analysts' estimate of $2.58 billion. Equinix raised its forecast for 2026 revenue to a range of $10.21 to $10.29 billion, from $10.14 billion to $10.24 billion.
The pressure on Consumer Staples directly reflects the exhaustion of sector pricing power. Procter & Gamble's (PG) recent earnings miss and conservative outlook underscore escalating consumer pushback against price hikes, which had previously driven sales growth and margin expansion.
Pilgrim's Pride (PPC) delivered earnings and revenue surprises of -14.67% and -5.59%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Intrusion Inc. (INTZ) closed at $0.76 in the latest trading session, marking a -2.19% move from the prior day.
Lemonade (LMND) is back in focus after its latest quarterly report, where strong year on year revenue and operating metrics met a cool reception from investors, who reacted to the company’s guidance. See our latest analysis for Lemonade. Lemonade’s share price has fallen sharply around the Q2 release, with a 1 day share price return of down 23.72% and year to date share price return of down 37.63%, even though the 1 year total shareholder return is 30.60% and the 3 year total shareholder...
Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence -- along with hefty legal and severance charges -- hurt its bottom line.At Meta, the profit decline was driven largely by one-time items, including $2.4 billion in charges tied to legal proceedings and $1.2 billion in severance from a round of layoffs in May.
An update on the company’s AI spending plans and the shrinking of free cash flow to less than $1 billion heightened scrutiny on the cost of its infrastructure build-out.
The Army modified its contract with Lockheed Martin to step-up production; the final cost will depend on congressional funding.
The latest trading day saw Core & Main (CNM) settling at $42.37, representing a -3.66% change from its previous close.
Kraft Heinz (KHC) closed at $27.62 in the latest trading session, marking a +1.17% move from the prior day.
PPL (PPL) concluded the recent trading session at $35.7, signifying a -1.73% move from its prior day's close.
The latest trading day saw Howmet (HWM) settling at $272.79, representing a -4.63% change from its previous close.
Affirm Holdings (AFRM) reached $70.11 at the closing of the latest trading day, reflecting a -3.16% change compared to its last close.
Meta Platforms said it expects Q3 revenue between $61 billion and $64 billion, or $62.5 billion at the middle of the range, below average analyst expectations of $63.24 billion.
In the latest trading session, Target (TGT) closed at $145.9, marking a +1.18% move from the previous day.
Broadcom Inc. (AVGO) closed the most recent trading day at $370.35, moving 2.77% from the previous trading session.
Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI
Qualcomm (QCOM) delivered earnings and revenue surprises of -0.45% and +2.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Most of us know Pixar as the animation studio behind some of our childhood favorites. Since releasing “Toy Story” in 1995, the studio has built major franchises around “The Incredibles,” “Finding Nemo,” “Cars,” “Inside Out,” and other films that have generated billions of dollars in box-office ...
The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.
The U.S. International Trade Commission has opened an investigation into Samsung Electronics over alleged patent infringement involving certain memory products. The case could lead to a ban on imports of affected Samsung memory products into the U.S. if the ITC finds a violation. The investigation also involves several major Samsung customers that rely on its memory chips in their own devices. For investors watching Samsung Electronics, KOSE:A005930, this ITC investigation comes at a time...
Investing.com -- Robinhood Markets Inc (NASDAQ:HOOD) reported second-quarter financial results that topped Wall Street expectations across top and bottom lines, yet its shares dropped 4% in extended trading on Wednesday as investors scrutinized the quality of the earnings beat. The sell-off suggests market participants were less impressed by headline outperformance heavily influenced by non-operational accounting adjustments than by the underlying core trajectory. The online brokerage posted dil
The defense contractor reported second-quarter earnings per share of $3.13. Wall Street was looking for $2.80.
Meta Platforms stock slid after the social media giant reported second-quarter earnings below expectations. The Facebook parent's sales forecast was below estimates as well, while its AI spending forecast was upped slightly. The Menlo Park, Calif.-based Meta earned $6.18 per share from sales of $60.8 billion for the June quarter, according to a company press release.
Digital medical services platform Teladoc Health (NYSE:TDOC) missed Wall Street’s revenue expectations in Q2 CY2026, with sales falling 4% year on year to $606.9 million. Next quarter’s revenue guidance of $589 million underwhelmed, coming in 6.5% below analysts’ estimates. Its GAAP loss of $0.21 per share was 17.4% above analysts’ consensus estimates.
Visa, Uber, Patreon and Intel announced more than 2,800 layoffs in the Bay Area, from Santa Clara engineering hubs to San Francisco offices, citing restructurings, automation and shifting business priorities.
SAN DIEGO - Qualcomm Inc (NASDAQ:QCOM) reported third quarter results that beat revenue expectations but missed on earnings, while issuing disappointing guidance for the current quarter that sent shares down 5%.
Investing.com -- Meta Platforms shares tumbled 8% in after-hours trading on Wednesday after the company posted a second-quarter earnings miss and forecast third-quarter revenue below Wall Street expectations.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) missed second-quarter profit estimates on Wednesday, weighed down by a jump in costs including legal charges, even as revenue grew faster than expected. The social media giant reported earnings per share of $6.18, down 13% year-over-year...