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CoreWeave shares drop even as revenue and guidance top estimates

Mike Intrator, co-founder and CEO of CoreWeave, speaks at the Nasdaq headquarters in New York on March 28, 2025. CoreWeave shares slid 11% in extended trading on Tuesday even as the provider of artificial intelligence infrastructure issued results and guidance that beat expectations. Here's how the company did in comparison with LSEG consensus: Earnings per share: Loss of 21 cents Loss of 21 cents Revenue: $1.21 billion vs. $1.08 billion expected Revenue more than tripled from $395.4 millio

CoreWeave shares drop even as revenue tops estimates

Mike Intrator, co-founder and CEO of CoreWeave, speaks at the Nasdaq headquarters in New York on March 28, 2025. CoreWeave shares fell about 6% in extended trading on Tuesday even as the provider of artificial intelligence infrastructure beat estimates for second-quarter revenue Here's how the company did in comparison with LSEG consensus: Earnings per share: Loss of 21 cents Loss of 21 cents Revenue: $1.21 billion vs. $1.08 billion expected Revenue more than tripled from $395.4 million a y

Trump just handed Apple a huge fiscal Q4 gift

Stop us if you’ve heard this one before: just hours before a new wave of tariffs on Chinese goods was set to kick in, President Trump signed an executive order extending the pause by another 90 days. And this time, it’s especially good news for Apple. Today’s move pushes the 145% tariff deadline to mid-November, giving Apple just enough breathing room to get through its fiscal Q4 without a major new cost burden. That’s a big deal because Apple’s fiscal Q4 runs through the end of September, whi

iRobot’s future isn’t looking up

is a senior reviewer focused on smart home and connected tech, with over twenty years of experience. She has written previously for Wirecutter, Wired, Dwell, BBC, and US News. Posts from this author will be added to your daily email digest and your homepage feed. iRobot, maker of the iconic Roomba robot vacuum, announced its second-quarter earnings late last week, and the numbers keep going down. Despite launching an entirely new product line, its revenue declined 23 percent to $127.6 million

The winners and losers in tech's AI-powered ad race

In this article META GOOGL RDDT SNAP PINS Follow your favorite stocks CREATE FREE ACCOUNT watch now Artificial intelligence has been a shot in the arm for digital advertising. Meta and Alphabet both reported sales and earnings that beat Wall Street's expectations, but the strength in digital ad spend was notable. Meta CEO Mark Zuckerberg said during the earnings call that AI helped imbue "greater efficiency and gains across our ad system," thus contributing to the 22% year-over-year increa

Tech is getting a boost from AI ad tools. Some companies are being left behind

In this article META GOOGL RDDT SNAP PINS Follow your favorite stocks CREATE FREE ACCOUNT Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Artificial intelligence has been a shot in the arm for digital advertising. Meta and Alphabet both reported sales and earnings that beat Wall Street's expectations, but the strength in digital ad spend was notable. Meta CEO Mark Zuck

Rocket Lab eyes big defense opportunities with new acquisition

Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company. Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its purchase of a new optical payloads company will make it more competitive for lucrative government contracts. The company’s space systems brought in $97.9 million of the $144.5 m

Pinterest stock falls 10% after earnings miss

Bill Ready, CEO, Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025. Pinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share. Here's how the company did, compared to analysts' consensus estimates from LSEG: Earnings per share : $0.33 cents Adj. vs. $0.35 cents expected : $0.33 cents Adj. vs. $0.35 cents expected Revenue: $998

Tesla’s Biggest Rivals Warn the EV Party Might Be Over

It’s going to be tough, and it’s going to be uncertain. That was the clear message from Rivian and Lucid, America’s two most promising electric vehicle manufacturers, as they gave a grim forecast for the future of the EV market. After a brief sugar rush of sales, Tesla’s top rivals are bracing for a brutal hangover, hit by a double punch of hostile policies from the second Trump administration: crippling tariffs and the fast-approaching end of the federal EV tax credits that have propped up the

PS5 sales have passed the 80 million mark

The PS5 might be lacking the cadence of first-party exclusives that made its predecessor so successful, but that doesn’t appear to be slowing it down. Sony has announced that the console had shifted just north of 80 million units as of June 30, 2025. This puts it just behind the Xbox 360 (84 million) and well on the way to overtaking the PS3 (around 87 million) in lifetime sales. The 80.3 million figure was confirmed in Sony’s first set of quarterly results for the current financial year, durin

Sonos is raising prices this year to make up for tariff expenses

Sonos plans to raise prices across its products later this year in order to minimize the impact of tariffs on its earnings, the company has revealed alongside its financial results [PDF] for the third quarter of 2025. It hasn't listed the products and their new prices yet, but it said that it's evaluating any changes it might need to its promotional strategies and that it has flexibility to move production between Vietnam and Malaysia as needed. To note, the Trump administration had imposed a 20

Opendoor tanks after earnings as CEO thanks new investors for 'increased visibility'

With Opendoor shares up almost fivefold since the beginning of July and trading volumes hitting record levels, CEO Carrie Wheeler thanked investors for their "enthusiasm" on Tuesday's earnings call. "I want to acknowledge the great deal of interest in Opendoor lately and that we're grateful for it," Wheeler said, even as the stock sank more than 20% after hours. "We appreciate your enthusiasm for what we're building, and we're listening intently to your feedback." Prior to its recent surge, Op

SoftBank's Vision Fund posts best performance in 4 years

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. SoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm. The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quart

SoftBank Vision Fund posts $4.8 billion gain to drive second straight quarter of group profit

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025. SoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm. The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quart

Shopify stock soars 21% on rosy guidance as CFO says tariff hit 'did not materialize'

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 21% on Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adjusted vs. 29 cents 35 cents adjusted vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over ye

Airbnb beats on top and bottom lines for second quarter

Airbnb reported second-quarter results on Wednesday that beat analysts' expectations. Here's how the company did based on average analysts' estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of $642 million, or $1.03 per share, up from $555 million, or 86 cents per share, a year earlie

Shopify stock soars 20% on rosy guidance as CFO says tariff hit 'did not materialize'

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Shopify shares soared 20% Wednesday after the company topped analysts' estimates for the second quarter, and gave rosy guidance for the third quarter. Here's how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 35 cents adj. vs. 29 cents 35 cents adj. vs. 29 cents Revenue: $2.68 billion vs. $2.55 billion Second-quarter sales surged 31% year over year to $2.68

Snap shares plummet 15% after weak second-quarter revenue metric

Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2025. Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street's expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts' estimates. Loss of 16 cents.

Snap shares plummet 15% after weak second quarter revenue metric

Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2025. Snap shares tanked 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street's expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts' estimates. Loss of 16 cents. That figur

AMD reports weaker-than-expected earnings even as revenue tops estimates

Lisa Su, CEO of Advanced Micro Devices, and Sam Altman, CEO of OpenAI, testifiy during the Senate Commerce, Science and Transportation Committee hearing titled "Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation," in Hart building on Thursday, May 8, 2025. Advanced Micro Devices reported quarter earnings on Tuesday that missed estimates. The stock slid about 4% in extended trading. Here's how the chipmaker did versus LSEG expectations for the quarter ended June:

Hims & Hers stock falls 10% on revenue miss

The Hers app arranged on a smartphone in New York on Feb. 12, 2025. Shares of Hims & Hers Health fell 9% in extended trading on Monday after the telehealth company reported second-quarter results that missed Wall Street's expectations for revenue. Here's how the company did based on average analysts' estimates compiled by LSEG: Earnings per share: 17 cents adjusted vs. 15 cents expected 17 cents adjusted vs. 15 cents expected Revenue: $544.8 million vs. $552 million expected Revenue at Hims

Apple ships 3 billionth iPhone as quarterly revenue jumps 10% – its biggest growth since 2021

What just happened? Apple has sold a lot of iPhones since the first model launched in 2007. As we approach the 20-year anniversary, Cupertino's handsets have hit a milestone: 3 billion units have now been shipped. It was an excellent quarter overall for Apple, partly spurred by people panic-buying its products over fears that the Trump tariffs would drastically increase their prices. With fears of falling behind rivals in the AI race, struggling in its once-dominant China market, and facing pre

Apple has now shipped 3 billion iPhones

Apple has shipped its three billionth iPhone, Tim Cook has revealed during a call for the company's third quarter earnings. The company released the first iPhone in 2007 and sold its billionth iPhone in 2016. It is believed to have shipped its two billionth sometime in 2021, and now only four years later, it has reached the new milestone. Apple's CEO said the iPhone enjoyed a double digit growth in the third quarter and that the company earned $94 billion in revenue, up 10 percent year over year

Facing questions on AI strategy, Tim Cook says Apple is 'very open' to acquisitions

Tim Cook arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. Apple's AI strategy and investment was on the mind of analysts on an earnings call after the company reported third-quarter earnings that showed overall revenue grew by 10% year over year. While Apple was never going to announce major acquisitions or initiatives on an earnings call, CEO Tim Cook's remarks on Thursday confirm that the company i

Apple projects tariff costs will hit $1.1B next quarter

Tariffs are projected to cost Apple $1.1 billion in the July-to-September quarter, an uptick from the previous period, CEO Tim Cook said during the company’s earnings call with investors Thursday. Those cost projections, which are based on current rates and policies, could end up lower than expected as they did in the previous quarter. Apple incurred about $800 million of tariff-related costs for the June quarter, less than the $900 million estimate the company shared in May. Cook said most of

Reddit shares jump as much as 20% on second-quarter sales and guidance beat

Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange on March 21, 2024. Reddit shares jumped as much as 20% after the company reported second-quarter earnings on Thursday that beat on sales and guidance. Here's how the company did compared with LSEG estimates: Earnings per share: 45 cents vs. 19 cents expected 45 cents vs. 19 cents expected Revenue: $500 million vs. $426 million expected Reddit's revenue grew 78% year-over-year in the second qu

Reddit revenue soars as it bets on AI and advertising

Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably. One significant area of investment is growing its advertising business, supported by its AI-powered marketing tools. The results revealed that the majority of Reddit’s revenue continues to come from ads, which brought in $465 million, representing 93% of the company’s total revenue. Last month, Reddit launched two new features for advertisers: Reddit Insights, a to

Apple says tariffs added $800M in costs last quarter, expects over $1B hit in Q4

As part of the ongoing Q3 2025 earnings call, Apple CEO Tim Cook gave an update on how the U.S. tariff war is affecting the company’s business, and detailed what to expect during the next fiscal quarter if nothing changes. On the conference call, Cook said: “For the June quarter, we incurred approximately $800 million of tariff-related costs. For the September quarter, assuming the current global tariff rates, policies, and applications the balance of the quarter, and no new tariffs are adde

Apple stock gets a cautious boost after beating Q3 expectations

Apple shares are up around 3% in after-hours trading, following the company’s fiscal Q3 2025 earnings report, which topped Wall Street expectations. Wall Street cautiously optimistic on strong earnings A few moments ago, Apple posted $94.04 billion in revenue for the June quarter, up 10% year over year, and ahead of what analysts had projected. Still, the market response has been measured, with shares up around 3% after hours. This could suggest investors had largely anticipated a strong quar

Apple has now sold 3 billion iPhones

Apple has sold 3 billion iPhones since the product was launched in 2007, Apple CEO Tim Cook said Thursday during the company’s third-quarter earnings call. It took Apple nine years to sell the billionth iPhone, a milestone the company reached in 2016. This implies that Apple sold 2 billion between 2016 and now — also a nine-year period — marking the product’s growing popularity. While Apple celebrates 3 billion iPhones sold, the company has struggled a bit in the stock market this year, as the