Amazon com reported solid second-quarter earnings that beat expectations Thursday afternoon. Earnings rose to $1.68 a share versus Wall Street’s consensus estimate of $1.33, according to FactSet, and were up from $1.26 last year. Amazon stock, however, fell 6.2% to $219.50 in after-hours trading after the release...
Continue ReadingMicrosoft stock surged on better-than-expected financial results for its latest quarter and strong guidance. The beat was driven in part by double-digit revenue growth in the tech firm’s closely watched Azure cloud business. Microsoft posted adjusted earnings of $3.65 a share on revenue of $76.4 billion for the fiscal fourth quarter...
Continue ReadingNear the end of his earnings call remarks, CFO Kevan Parekh said Apple expects September quarter revenue to grow at a “mid to high single digits” rate year-over-year. Parekh says the outlook assumes no change in current tariff rate policies and no change in the company’s revenue share agreement with Google. Apple shares turned slightly higher on the outlook...
Continue ReadingThese two well-known AI stocks are trading at bargain prices. Here's why they deserve a spot in your portfolio in August, 2025...
Continue ReadingRI Offers Breakthrough Performance in a Fraction of the Storage Used by ChatGPT, Claude, Perplexity, Deepseek, and Meta AI - While Backed by Tech Giants Like Microsoft (MSFT), NVIDIA (NVDA), Alphabet (GOOGL), Amazon (AMZN), Meta (META), and Now Seamlessly .....
Continue ReadingiPhone 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...
Continue ReadingReddit stock is rallying Thursday in response to its second-quarter earnings due later this afternoon. User growth beat views...
Continue ReadingBusiness analytics software company MicroStrategy (NASDAQ:MSTR) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 2.7% year on year to $114.5 million. Its GAAP profit of $32.60 per share was significantly above analysts’ consensus estimates...
Continue ReadingAnthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%...
Continue ReadingCloud 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...
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