Posts
Reddit shares slide despite strong Q2 beat and upbeat guidance
Reddit reported second-quarter financial results that comfortably surpassed Wall Street expectations across top and bottom lines, though the social media platform saw its stock pull back in after-hours trading following a rapid run-up into the print. Shares dropped 7.7% late Thursday despite the company logging its eighth consecutive quarter of …
Microsoft had the biggest one day dollar gain of any stock. On same day the Fed spooked bonds. AI driven market or a really good quarter
Microsoft closed today up 15.51%, its best single day since March 2020 and it's being reported as the largest one-day dollar value gain any stock has ever recorded. Yesterday the Dow fell 1,153 points (-2.2%), its worst day since April 2025, after the Fed held rates steady but flagged real …
The casino's hours of operation to expand to 23 hours a day
The Securities and Exchange Commission will examine ways to ensure markets are set up for trading 23 hours a day, five days a week, this fall. The SEC will hold a public roundtable on Sept. 17 to discuss the infrastructure, risks, and readiness for round-the-clock stock market operations. Exchanges are …
AAPL Quarterly Revenue $109.4 billion (up 16% YoY)
AAPL Quarterly Results (Apr - Jun 2026): Revenue = $109.4 billion (up 16% YoY) Operating Income = $35.7 billion (up 27% YoY) Net Income = $29.8 billion (up 27% YoY) Earnings Per Share = $2.02 (up 29% YoY) Stakeholder Equity = $107.5 billion (up 63% YoY) CapEx = $2.4 billion …
Nextpower, Inc Earnings and Guidance Blowout
Nextpower, Inc, a developer and manufacturer or solar arrays, electronic balance of systems, and energy storage reported blowout earnings of 1.20 EPS (vs 1.04 predicted) and has raised bottom-line guidance for every major financial metric for the remaining 3 quarters of their 2027 fiscal year. They've also raised a record …
Apple earnings: Revenue tops estimates as iPhone sales jump 22%
Apple reported stronger-than-expected earnings and revenue for the fiscal third quarter, driven by a 22% increase in iPhone sales. Here’s how the company did versus LSEG consensus estimates: * **EPS**: $2.02, which isn’t comparable to analyst estimates of $1.89. * **Revenue**: $109.42 billion, versus $108.65 billion estimated. Here’s how Apple …
Anthropic IPO dead in the water after what happened this month?
Anthropic Leadership maintains that the final listing is contingent on market conditions. What are your thoughts? Will they go public this year? Considering SpaceX’s recent drop in value and the pullback in most AI stocks, coupled with their ongoing battle against over 14 lawsuits and their lack of profitability, I …
South Korea Limits Single-Stock Leveraged Products to 20% of Assets
Authorities have introduced strengthened measures targeting single-stock leveraged products, identified as a key driver of volatility in the domestic stock market. Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol announced on the 29th, following an emergency market situation review meeting, that the government will implement a total …
AMZN Quarterly Revenue $200.6 billion (up 20% YoY)
AMZN Quarterly Results (Apr - Jun 2026): Revenue = $200.6 billion (up 20% YoY) Operating Income = $27.5 billion (up 43% YoY) Net Income = $62.6 billion (up 244% YoY) Earnings Per Share = $5.75 (up 242% YoY) Stakeholder Equity = $551.6 billion (up 65% YoY) CapEx = $53.1 billion …
Reddit crushes revenue and earnings estimates, issues strong guidance
Reddit reported second-quarter earnings on Thursday that beat on the top and the bottom lines, and the company issued guidance that sailed past expectations. Here’s how the company did compared with LSEG estimates: * **Earnings per share:** $1.25 vs. 95 cents expected * **Revenue:** $805 million vs. $730 million expected …