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."
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Moby summary of Bunge Global S.A.'s Q2 2026 earnings call
Moby summary of Blackbaud, Inc.'s Q2 2026 earnings call
Moby summary of Wabash National Corporation's Q2 2026 earnings call
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.
Moby summary of V.F. Corporation's Q1 2027 earnings call
Moby summary of Stanley Black & Decker, Inc.'s Q2 2026 earnings call
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.
Investing.com -- Lam Research reported record quarterly revenue and earnings on Wednesday, helped by robust demand for semiconductor manufacturing equipment as artificial intelligence investment continued to drive advanced chip production.
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.
(Updates with index/price moves and Federal Reserve/geopolitical news from the first paragraph.)
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.
Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI
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) 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?
L3Harris (LHX) delivered earnings and revenue surprises of +11.79% and +1.50%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Fortinet (FTNT) delivered earnings and revenue surprises of +20.00% and +8.62%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
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?
Chipotle (CMG) delivered earnings and revenue surprises of +3.13% and +0.81%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
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
Agnico Eagle Mines (AEM.TO, AEM) after the close on Wednesday reported second-quarter adjusted earni
Find insight on Robinhood Markets, SoFi Technologies and more in the latest Market Talks covering Financial Services.
Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users. Analysts surveyed by FactSet Research had expected the company to earn $4.24 per share on revenue of $87.62 billion this quarter. Microsoft Cloud revenue was $59.3 billion this quarter, up 27% year-over-year.
Scarce supply is transforming an overlooked AI infrastructure trade
By Arathy Somasekhar HOUSTON, July 29 (Reuters) - A cargo of Canadian crude was headed to Japan, ship tracking data showed on Wednesday, the first Canadian crude shipment to the country since early
Most of us know Pixar as the animation studio behind some of our childhood favorites. Since releasing “Toy Story” in 1995, the studio has built major franchises around “The Incredibles,” “Finding Nemo,” “Cars,” “Inside Out,” and other films that have generated billions of dollars in box-office ...
Policy debate is shifting away from cuts toward tightening
Moby summary of The Procter & Gamble Company's Q4 2026 earnings call
Meta Platforms (META) delivered earnings and revenue surprises of -12.96% and +0.98%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?