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1 month ago | 
abbonews.com | Davit Kirakosyan
Applied Materials (NASDAQ: AMAT) reported second-quarter results that delivered an earnings beat but slightly missed on revenue, while its outlook aligned closely with consensus expectations. Shares fell more than 6% in pre-market trading today following the release. For Q2, the semiconductor equipment maker posted adjusted earnings of $2.39 per share, topping Wall Street analyst estimates of $2.31.
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1 month ago | 
abbonews.com | Davit Kirakosyan
CAVA Group (NYSE: CAVA) reported its first-quarter results that comfortably beat Wall Street expectations. However, shares fell 3% in pre-market trading today as investors reacted to a cautious full-year outlook. The Mediterranean fast-casual restaurant chain posted adjusted earnings of $0.22 per share, well above the $0.02 Street estimate. Revenue jumped 29.5% year-over-year to $331.83 million, beating expectations of $280.93 million.
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1 month ago | 
abbonews.com | Davit Kirakosyan
Jack in the Box (NASDAQ: JACK) reported better-than-expected second-quarter earnings, but a revenue shortfall and shrinking margins dragged shares down more than 2% in pre-market trading. The fast-food chain posted adjusted earnings per share of $1.20, beating analyst expectations of $1.07. However, revenue fell 7.8% year-over-year to $336.7 million, below the $345.76 million consensus estimate.
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1 month ago | 
abbonews.com | Davit Kirakosyan
Cisco Systems (NASDAQ: CSCO) gained over 4% in pre-market trading on Thursday after the company delivered third-quarter results that topped estimates and issued upbeat guidance, supported by robust demand for AI-related network infrastructure. The tech giant reported earnings per share (EPS) of $0.96 on revenue of $14.15 billion, beating Wall Street forecasts of $0.92 EPS and $14.04 billion in revenue. Growth was broad-based, with revenue in the Americas rising 14%, EMEA up 8%, and APJC up 9%.
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1 month ago | 
abbonews.com | Davit Kirakosyan
JD.com (NASDAQ: JD) reported better-than-expected first-quarter results, with both revenue and profit exceeding analyst forecasts as improved consumer sentiment and strong user growth fueled momentum across its platform. As a result, the company’s shares rose more than 3% on Tuesday. Net revenue climbed 16% year-over-year to 301.08 billion yuan, topping the Street consensus estimate of 289.44 billion yuan.
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1 month ago | 
abbonews.com | Davit Kirakosyan
UnitedHealth Group (NYSE: UNH) saw its shares tumble over 17% on Tuesday after the company withdrew its full-year 2025 guidance and announced the sudden departure of CEO Andrew Witty amid rising medical costs and mounting operational challenges. The company attributed the suspension of its forecast to a sharper-than-expected increase in medical expenses, particularly among newly enrolled Medicare Advantage members.
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1 month ago | 
abbonews.com | Davit Kirakosyan
ZoomInfo Technologies (NASDAQ: ZI) delivered first-quarter results that exceeded expectations and raised its full-year guidance. However, shares dipped in pre-market trading today as investors reacted with caution. The company reported adjusted earnings per share of $0.23, slightly ahead of the $0.22 consensus. Revenue came in at $305.7 million, topping forecasts of $295.56 million, though representing a 1% decline year-over-year.
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1 month ago | 
abbonews.com | Davit Kirakosyan
Rumble (NASDAQ: RUM) surged nearly 20% on Friday after reporting first-quarter results that exceeded earnings expectations and showcased meaningful year-over-year revenue growth, despite falling just shy of consensus revenue estimates. The video-sharing platform posted a net loss of $0.01 per share, significantly better than analyst forecasts of a $0.09 loss. Revenue grew 34% year-over-year to $23.71 million, up from $17.7 million a year earlier, though below the $25.09 million consensus.
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1 month ago | 
abbonews.com | Davit Kirakosyan
Lyft (NASDAQ: LYFT) surged more than 28% on Friday after the company reported a surprise profit in the first quarter, expanded its stock repurchase program, and posted record rider activity. The ride-sharing platform also offered a strong outlook for Q2, fueling investor optimism. For the first quarter, Lyft posted earnings of $0.01 per share, a stark turnaround from a loss of $0.08 in the same period last year.
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1 month ago | 
abbonews.com | Davit Kirakosyan
Coinbase Global (NASDAQ: COIN) reported first-quarter 2025 results that missed Wall Street expectations, as declining transaction volumes weighed on revenue and earnings. Shares slipped 1.40% in pre-market trading following the release. The cryptocurrency exchange posted revenue of $2.03 billion, below the consensus forecast of $2.2 billion. Adjusted earnings per share (EPS) came in at $0.24, significantly missing analyst expectations of $2.09.
