Month: October 2025
Stock futures rise after upbeat tech earnings: Live updates
Traders work on the floor of the New York Stock Exchange in New York on Oct. 30, 2025. Angela Weiss | AFP | Getty Images Stock futures rose Thursday night as investors pored over a couple of key earnings reports from Big Tech companies. Futures tied to the Dow Jones Industrial Average added 17 points, […]
Read More
Apple isn’t playing the same AI capex game as the rest of the megacaps
While many of the largest tech companies race to build massive data centers for their artificial intelligence ambitions, Apple is taking a more modest approach. Instead of simply buying as many AI chips as possible, Apple buys computing capacity from outside partners, finance chief Kevan Parekh explained Thursday on the company’s fourth quarter earnings call. […]
Read More
Coinbase earnings top estimates, helped by robust trading volume
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Coinbase shares ticked up nearly 3% Thursday as the digital assets company posted better-than-expected financial results, largely fueled by a resurgence in retail and institutional crypto trading on its platform, even as tokens are now just one of several assets at the center of its “everything […]
Read More
Palantir communications chief calls the company’s political shift ‘concerning’
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s head of global communications said Wednesday that the company’s political shift toward the Trump administration is “concerning.” “I think it’s […]
Read More
Stocks making the biggest moves after hours: Apple, Amazon, Coinbase, Netflix and more
Check out the companies making headlines in after-hours trading. Apple — Apple shares jumped 4% after the iPhone maker posted fiscal-fourth quarter earnings that exceeded analyst expectations. The company also gave a strong forecast for its December quarter driven by strong demand for its iPhone 17 line. Apple earned $1.85 per share on revenue of […]
Read More
SF Mayor Lurie says city ‘on the rise’ after Trump reverses course on troop deployment
San Francisco Mayor Daniel Lurie speaks during a press conference at San Francisco City Hall on Oct. 23, 2025 in San Francisco, California. Justin Sullivan | Getty Images San Francisco Mayor Daniel Lurie, who was recently thrust into a national debate about the safety of big cities, told CNBC on Thursday that he feels “pressure […]
Read More
Netflix announces a 10-for-1 stock split
Mateusz Slodkowski | SOPA Images | Lightrocket | Getty Images Netflix announced a 10-for-1 stock split Thursday, a move that changes nothing fundamentally about the company, but could make the pricey individual shares more accessible to the retail investor. Existing shareholders as of Nov. 10 will receive nine additional shares for each one they hold. […]
Read More
King Charles strips brother Andrew of titles and his mansion
FILE PHOTO: Britain’s Prince Andrew leaves Westminster Abbey following the coronation ceremony of Britain’s King Charles and Queen Camilla, in London, Britain May 6, 2023. Toby Melville | Reuters Britain’s King Charles has stripped his younger brother Andrew of his title of prince and forced him out of his home by Windsor Castle, Buckingham Palace […]
Read More
Reddit shares climb on earnings beat, strong forecast
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images Reddit reported third-quarter earnings on Thursday in which […]
Read More
Amazon cloud records 20% sales growth, topping estimates
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts’ estimates. Revenue at Amazon Web Services for the third […]
Read More