Earnings
Roblox shares plummet 18% as child safety measures weigh on bookings
Roblox shares plummeted 18% on Friday after the company reported first-quarter earnings as its new child safety measures weighed on bookings. “Part of what we’re rolling out with age check, we believe, is the real, right long-term way to build this platform,” CEO David Baszucki said Friday on CNBC’s “Squawk Box.” In a letter to […]
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Atlassian stock soars 28% after earnings show strong cloud, data center growth
Atlassian shares jumped more than 28% on Friday after the software company topped Wall Street’s expectations for the fiscal third quarter, reporting strong cloud growth and data center revenue. Here’s how the company did compared with LSEG estimates: Earnings per share: $1.75 adjusted vs. $1.32 expected Revenue: $1.79 billion vs. $1.69 billion expected Atlassian’s stock […]
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Reddit reports 69% jump in revenue, topping analyst estimates
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | Afp | Getty Images Reddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and […]
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Stocks making the biggest moves after hours: Apple, Roblox, Reddit, Roku & more
Check out the companies making headlines after the bell : Apple — Shares were up 2%. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. […]
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Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images All three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, but Google was the standout, generating its fastest growth rate on record. Google is chasing Amazon […]
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Blue Owl shares surge after private credit firm cites 10X gains from SpaceX loan
Blue Owl Capital at the New York Stock Exchange, May 20, 2021. Source: NYSE Shares of Blue Owl, the private credit firm at the center of recent jitters over exposure to software companies, jumped 10% in trading Thursday after executives disclosed sizable gains tied to SpaceX. “We made about 10 times our money on that […]
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Jim Cramer crowns Alphabet the hyperscale earnings winner, sees more upside ahead
CNBC’s Jim Cramer didn’t hesitate to crown Alphabet as the clear winner in Wednesday night’s barrage of Big Tech earnings. “The Google call – Alphabet was an extraordinary call,” Jim said on ” Squawk on the Street ” on Thursday. “I think with the stock at $370 its going to right to $400,” he added. […]
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Hershey says GLP-1s are driving higher gum and mint sales
Packages of Ice Breakers spearmint mints Mints are displayed at a Costco Wholesale store on April 27, 2025 in San Diego, California. Kevin Carter | Getty Images Hershey is seeing higher sales for its mints and gum — thanks to the growing use of GLP-1 drugs. “We’ve also seen strong demand for gum and mints, […]
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Jim Cramer says Amazon going up another 15% and ‘not stopping’ there
CNBC’s Jim Cramer said he’s bullish on Amazon after the company delivered one of the two best earnings reports he’s “ever seen.” “Amazon’s going to $300 , it’s not stopping here,” Cramer said on ” Squawk on the Street ” on Thursday, the day after a solid quarter. “Every single analyst has a target north […]
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Here’s why surging oil prices may not derail the consumer trade
ETF Edge Here’s why surging oil prices may not derail the consumer trade Published Thu, Apr 30 20267:01 AM EDTUpdated 21 Min Ago Josh Romero@in/joshdromero/ Stephanie Landsman@stephlandsman WATCH LIVE Source
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