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Big Tech earnings meet IPO buzz: What to watch Thursday
Yahoo Finance Video12d agoneutralVIDEO
Big Tech earnings meet IPO buzz: What to watch Thursday

Asking for a Trend Host Josh Lipton previews the biggest market catalysts for Thursday, July 30, including highly anticipated earnings from Apple (AAPL) and Amazon (AMZN) as well as the expected IPO debuts of Jersey Mike's and Reformation.

Coinbase changes security rewards, blames AI
TheStreet12d agoneutral
Coinbase changes security rewards, blames AI

Coinbase changed its public HackerOne bug bounty program on July 29, removing rewards for low- and medium-severity vulnerabilities with immediate effect. High-severity rewards fell from $15,000 to $6,000, a reduction of $9,000, or 60%. Critical payouts dropped from $50,000 to $15,000, a cut ...

Qualcomm and Arm Forecasts Fail to Impress Investors
Bloomberg12d agoneutralVIDEO
Qualcomm and Arm Forecasts Fail to Impress Investors

Jay Goldberg, Seaport Research Partners senior analyst, semiconductors and electronics, reacts to Qualcomm's weak profit forecast for the current quarter and Arm Holdings Plc's sales outlook that also failed to impress investors. He speaks on "Bloomberg The Close."

Reuters12d agoneutral
Fortinet lifts annual revenue forecast on strong cybersecurity demand

Cybersecurity firm Fortinet on Wednesday lifted its annual revenue forecast after ‌reporting strong second-quarter results, signaling strong enterprise ‌spending on its services amid rising data security incidents. Companies are ​ramping up data security budgets to tackle increasingly sophisticated ransomware attacks and other threats. The California-based company now projects annual revenue between $8.02 billion and $8.18 billion, ‌compared with its ⁠previous expectation of $7.71 billion to $7.87 billion.

Chipotle Raises Outlook, but Says Cyclospora Hurt July Sales
The Wall Street Journal12d agoneutral
Chipotle Raises Outlook, but Says Cyclospora Hurt July Sales

Chipotle says cyclospora didn’t directly impact its lettuce, but the parasitic outbreak has still taken a bite out of its sales. The decline in sales was modest, Chief Executive Scott Boatwright said. Federal health officials have linked one outbreak of cyclospora-related illnesses to shredded iceberg lettuce that U.S. produce giant Taylor Farms sourced from Mexico.

Robinhood Profits Jump. Investors Are Focusing On This Instead.
The Wall Street Journal12d agobullish
Robinhood Profits Jump. Investors Are Focusing On This Instead.

Robinhood reported a 48% jump in quarterly profits on Wednesday, blowing past analyst estimates—but investors zeroed in on higher expenses and a continued decline in cryptocurrency revenue. The brokerage’s trading revenue was up 44% from the same time last year. Robinhood’s crypto trading revenue has dropped for a few quarters now, a lull long enough to leave some analysts wondering if the slowdown is permanent.

Starbucks Stock Jumps After Earnings Beat and Strong Outlook
Barrons.com12d agobullish
Starbucks Stock Jumps After Earnings Beat and Strong Outlook

Starbucks shares jumped in after-hours trading after the company reported third-quarter earnings and revenue that beat expectations and raised its fill-year outlook, suggesting its turnaround is under way. For the fiscal quarter ended June 28, Starbucks reported adjusted earnings of 85 cents a share, well above the 66 cents analysts expected. Revenue fell 1.4% from a year earlier to $9.32 billion—partially due to the conversion of Starbucks’ China operations into a licensed joint venture—but still topped the roughly $9.17 billion consensus estimate.

Starbucks (SBUX) Q3 Earnings Surpass Estimates
Zacks12d agoneutral
Starbucks (SBUX) Q3 Earnings Surpass Estimates

Starbucks (SBUX) delivered earnings and revenue surprises of +28.79% and -1.22%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Qualcomm (QCOM) Q3 Earnings Miss Estimates
Zacks12d agobearish
Qualcomm (QCOM) Q3 Earnings Miss Estimates

Qualcomm (QCOM) delivered earnings and revenue surprises of -0.45% and +2.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Carvana (CVNA) Matches Q2 Earnings Estimates
Zacks12d agoneutral
Carvana (CVNA) Matches Q2 Earnings Estimates

Carvana (CVNA) delivered earnings and revenue surprises of 0.00% and +5.55%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Microsoft's Cloud Accelerates to Fastest Growth Since 2022
Bloomberg12d agoneutralVIDEO
Microsoft's Cloud Accelerates to Fastest Growth Since 2022

Microsoft cloud unit grew at the fastest pace in four years, suggesting that the company's computing infrastructure and artificial intelligence services continue to make inroads with businesses. Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, the company said Wednesday in a statement. That was the fastest quarterly growth since early 2022, and topped analysts' average growth estimate of about 40%. Azure sales topped $100 billion for the first time during the fiscal year ended in June.  Bloomberg Tech Host Ed Ludlow reacts to earnings