Photo illustration of the YouTube TV logo displayed on a smartphone, with the YouTube logo in the background. Nurphoto | Nurphoto | Getty Images Disney content, including channels like ABC and ESPN, was removed from Google‘s YouTube TV on Thursday after the two companies failed to renew a contract. “Last week Disney used the threat…
Amazon shares surged Thursday in extended trading after the tech giant posted better-than-expected third-quarter results, driven by accelerated revenue growth from its cloud computing unit. The company’s outlook for the fourth quarter was also solid, easing investor fears that it was falling behind in the AI race. Revenue increased 13% year over year to $180.17…
Chinese-made automobiles and construction machinery are assembled and shipped for export at Yantai Port in Yantai City, Shandong Province, China, on October 21, 2025. Costfoto | Nurphoto | Getty Images China’s manufacturing activity in October contracted more than expected, shrinking to the lowest level in six months, an official survey showed on Friday, as trade…
Talk about a monster quarter. Apple delivered a great September quarter Thursday evening, even as iPhone supply was constrained by strong demand. The stock really got going after the company’s strong forecast for the holiday quarter. Revenue in Apple’s fiscal 2025 fourth quarter, which ended Sept. 27, rose 8% year over year to $102.47 billion,…
An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 3, 2025. Go Nakamura | Reuters Asia-Pacific markets opened mostly higher Friday as investors weighed the state of the economy after the truce between U.S. President Donald Trump and his…
CNBC’s Jim Cramer unpacked Thursday’s market action, saying that even though tech stocks took a hit, they might not stay down for long, praising recent quarters from Apple and Amazon. “After Apple’s good quarter and fabulous guidance, and Amazon’s great quarter and great guidance, I wouldn’t be surprised if the money comes right back into…
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…
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…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Coinbase shares ticked up 2% Thursday as the crypto exchange posted strong financial results for the third quarter that exceeded Wall Street’s expectations. In the quarter ended Sept. 30, Coinbase net income rose to $432.6 million, or $1.50 per share, from $75.5 million, or 28 cents…
Wall Street is optimistic that Olema Pharmaceutical could be developing the next major breakthrough breast cancer treatment. Earlier this month, the company announced promising clinical data for its lead candidate palazestrant, an oral medication that is being evaluated in several trials for estrogen receptor-positive, or ER+, breast cancer. Shares of the clinical-stage biopharmaceutical company are up…
