Microsoft is a leading global technology company known for its software products, services, and hardware devices. The company is best recognized for its Windows operating systems and the Microsoft Office suite, which facilitates productivity and collaboration for users worldwide. In addition to software, Microsoft also offers cloud computing services through its Azure platform, enabling businesses to leverage scalable and flexible computing resources. The company is actively involved in various sectors, including gaming with its Xbox platform, artificial intelligence, and cybersecurity, continually innovating and expanding its product offerings to meet the diverse needs of consumers and enterprises. Read More
On Thursday, stocks succumbed to concerns about tariffs and macroeconomic worries, which offset the optimism generated by solid quarterly results from Meta and Microsoft.
MicroStrategy (NASDAQ: MSTR) is an American company that has undergone a remarkable transformation since its founding in 1989. Initially a trailblazer in business intelligence and data analytics software, it has more recently garnered significant global attention for its audacious corporate strategy: making substantial, ongoing investments in Bitcoin as its primary
Apple shares climbed in extended trading after surprisingly strong iPhone sales helped the tech giant report its fastest revenue growth since the December quarter of 2021.
Apple (NASDAQ: AAPL) has once again demonstrated its formidable financial prowess, reporting a robust second fiscal quarter of 2025 that largely surpassed Wall Street's revenue and earnings per share (EPS) forecasts. The tech giant's performance, driven by resilient iPhone sales and an accelerating Services segment, paints a picture of a
Apple Inc. shares jumped 2.42% in after-hours trading on Thursday, reaching $212.59, after the iPhone maker delivered third-quarter results that significantly exceeded Wall Street expectations.
Apple CEO Tim Cook said the company is "very open" to AI acquisitions, signaling a potential shift in strategy as it faces pressure to keep pace with AI investments by Google, Meta and Microsoft.
It was an ugly day in the stock market, with the S&P 500 finishing down about 40 bps, despite Meta jumping more than 11% and Microsoft gaining around 4%. The equal-weight RSP ETF performed even worse, losing roughly 90 bps.
Real estate technology company eXp World (NASDAQ:EXPI) announced better-than-expected revenue in Q2 CY2025, with sales up 1.1% year on year to $1.31 billion. Its GAAP loss of $0.01 per share was significantly below analysts’ consensus estimates.
iPhone and iPad maker Apple (NASDAQ:AAPL) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 9.6% year on year to $94.04 billion. Its GAAP profit of $1.57 per share was 10.1% above analysts’ consensus estimates.
Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 13.3% year on year to $167.7 billion. Guidance for next quarter’s revenue was optimistic at $176.8 billion at the midpoint, 2.1% above analysts’ estimates. Its GAAP profit of $1.68 per share was 26% above analysts’ consensus estimates.
Blockchain infrastructure company Coinbase (NASDAQ:COIN) missed Wall Street’s revenue expectations in Q2 CY2025 as sales rose 3.3% year on year to $1.5 billion. Its non-GAAP profit of $0.12 per share was 91.9% below analysts’ consensus estimates.
Shares of social network Snapchat (NYSE: SNAP)
jumped 3.1% in the afternoon session after a broad rally in the technology sector, sparked by blockbuster earnings from giants Meta and Microsoft. The technology sector rallied after market giants Meta and Microsoft reported blowout quarterly results, signaling that their massive investments in artificial intelligence paid off. Both companies far exceeded Wall Street's expectations, with Meta's revenue jumping thanks to AI-fueled growth in its advertising business. The powerful results from these two behemoths created a wave of positive sentiment that lifted other internet and technology stocks, as investors anticipated continued growth and innovation in the AI space.
