Google Misses Estimates as Growth in Search Revenue Slows
Despite strength in its cloud-computing division, the company had negative free cash flow of $9.1 billion.
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Microsoft Quarterly Profit Soars as Cloud Growth Accelerates
The company's cloud business continued to post accelerating growth in the most recent quarter, contributing to a higher profit and easing jitters over potential returns from the AI build-out.
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Ford Says Weak Vehicle Sales Drive Down Profit, Revenue
The automaker reported a lower profit of $2.05 billion in the third quarter, pressured by persistent losses in its electric-vehicle unit and softer sales across its gas and hybrid models.
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FedEx Lifts Outlook as Shipping Rates, Volumes Drive Revenue Growth
The shipping company now expects revenue to grow around 12% for the calendar year.
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EBay Sales Rise on Strength in Collectibles, Live Shopping
CEO Jamie Iannone said the e-commerce platform is seeing broad-based momentum across its key categories, with collectibles remaining its biggest growth driver.
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T-Mobile Profit, Revenue Rise on Postpaid Growth
The cell carrier now expects full-year postpaid net account additions at the midpoint of its prior guidance range and it also narrowed its profit forecast for the year.
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Carvana Profit Soars as Vehicle Sales Climb Nearly 40%
The online retailer reported a third-quarter profit of $289 million as it sold nearly 40% more vehicles than a year ago, a reflection of hot demand for used vehicles.
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Honeywell Aerospace Logs Higher Third-Quarter Profit, Revenue on Continued Demand
The company, which was spun off from Honeywell International earlier this year, posted a quarterly profit of $726 million, up from $644 million in last year's comparable period.
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Airbus Posts Lower Earnings as It Seeks to Ramp Up Plane Deliveries
The European plane maker said third-quarter adjusted earnings declined 9% from a year earlier while revenue slipped 2%.
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Chipotle Logs Higher Revenue as Same-Restaurant Sales Climb
The company's third-quarter revenue rose 9.6% to $3.29 billion, primarily driven by new restaurant openings and an increase in comparable restaurant sales.
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Nelson Peltz's Trian Offers to Buy Wendy's for $1.4 Billion
The chain's shares have been down roughly 70% over the past five years.
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MGM Resorts Revenue Ticks Down on Lower Room Rates in Las Vegas
The decrease offset growth in the hotel and casino company's China business, where sales rose 5% to $1.1 billion, marking record quarterly revenue.
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Campari Says Aperitifs, Tequila Are Driving Sales
Davide Campari-Milano said a strategy of focusing on a smaller number of core brands is paying off, with sales growing across regions over the first nine months of the year, though it signaled continued weakness in the U.S. market.
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Dropbox to Cut About 6% of Global Workforce
Dropbox is cutting jobs globally in a move it says will align its workforce with investments and its top product and growth priorities
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GE Vernova to Buy Grid-Equipment Manufacturer for $9 Billion as Energy Demand Grows
The energy company, formed from the breakup of General Electric, said the acquisition will create scale across its electrification portfolio.
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Biogen Swings to Loss, Logs Higher Sales
The biotechnology company said the swing to a loss was primarily due to transaction-related charges.
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Boston Scientific Cuts View Again After Cyberattack, Other Challenges
Boston Scientific lowered its outlook, as it expects to end a difficult year with a fourth-quarter sales decline.
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SK Hynix Plans $75 Billion in Shareholder Returns After Blockbuster Earnings
The South Korean memory-chip maker reported that its net profit more than tripled in the third quarter, while revenue and operating profit hit record highs for a sixth straight quarter.
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Etsy Sales Rise as the Number of Active Buyers Increases
The online marketplace operator's third-quarter net income rose to $853.5 million, or $7.31 a share, up from $75.5 million, or 63 cents a share, a year ago.
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Jersey Mike's Posts Loss on Higher Revenue
The sandwich chain said third-quarter revenue rose 10% to $209 million, with same-store sales improving 3%.