Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan May 19, 2025. Ann Wang | Reuters Qualcomm reported fiscal fourth-quarter results on Wednesday that beat analyst estimates on the top and bottom lines. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $3.00 adjusted…
Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 61cents vs. 53 cents expected Revenue: $1.27…
Dylan Field, co-founder and CEO of Figma, center, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma Inc. shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company…
A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty Images DoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend “several hundred million dollars” on new initiatives and development in 2026. The stock plummeted 20% following the report. Here’s…
A pedestrian walks past Amazon Ireland corporate offices in Dublin, as Amazon.com, Inc., said on Tuesday it plans to cut its global corporate workforce by as many as 14,000 roles and seize the opportunity provided by artificial intelligence (AI), in Dublin, Ireland, Oct. 28, 2025. Damien Eagers | Reuters A new bipartisan bill seeks to…
Elon Musk, CEO of Tesla Inc., arrives at the Tesla plant in Gruenheide, Germany, on March 13, 2024. Krisztian Bocsi | Bloomberg | Getty Images Tesla sold just 750 electric vehicles in Germany for October 2025, less than half of what it sold a year ago, according to data out Wednesday from the country’s federal…
Lyft customers can once again earn miles toward their next flight. The ridesharing company on Wednesday said it’s partnering with United Airlines to offer MileagePlus points to riders who link their accounts, months after it ended an eight-year partnership with Delta Airlines. Once linked, riders can earn one mile for every dollar spent on Standard…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images With OpenAI’s recent release of its AI browser, the historic level of capital expenditures being made in the current AI arms…
Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Axon Enterprise‘s stock plummeted 17% after the Taser maker missed Wall Street’s third-quarter profit expectations as it grapples with tariff constraints. Adjusted earnings totaled $1.17 per share adj., falling short of a $1.52 per share forecast from LSEG. Adjusted gross margins fell 50 basis points…
On the streets of Rio de Janeiro, it’s not hard to spot the latest sign of China’s growing global auto ambitions. Electric vehicles from Chinese brands like BYD and Great Wall Motor have been flowing in. “There are a lot of Chinese cars on the streets,” said EV owner Sérgio Ramalho. Brazil has become the…
