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Microsoft's AI spending comes into focus ahead of earnings
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Pinterest (PINS) Q2 2024 earnings

Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024.  Brendan McDermid | Reuters Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here’s how the company...

Amazon earnings preview: Bar higher for ad revenue after strong Snap, Microsoft results
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Amazon (AMZN) Q1 earnings report 2024

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon will report first-quarter earnings after the bell on Tuesday. Here’s what analysts are expecting according to LSEG: Earnings per share: 83 cents Revenue: $142.5 billion Wall Street is also...

Snap stock soars following beat on revenue, earnings and daily active users
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Snap (SNAP) Q1 2024 earnings

Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading.   Here’s how the company did:  Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected by LSEG Revenue: $1.19 billion vs. $1.12 billion expected by LSEG...

Social media apps like Facebook 'are doing great harm', says Project Liberty founder
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Snap Q4 2023 earnings report

Snap Inc. co-founder and CEO Evan Spiegel speaks during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, June 17, 2022. Benoit Tessier | Reuters Snap on Tuesday reported revenue that trailed analysts’ estimates and issued a forecast that came in a bit below Wall Street...

Final Trades: Meta, Comcast, Cisco Systems & more
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Trade Desk shares plunge about 30% after ad-tech company issues weak guidance

Jeff Green, CEO, The Trade Desk Scott Mlyn | CNBC The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts’ estimates. Third-quarter results topped estimates. Here’s how the company did: Earnings per share: 33 cents, adjusted vs. 29 cents expected...

Meta regained investor confidence in latest earnings report, says Altimeter's Brad Gerstner
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Pinterest (PINS) Q3 earnings report 2023

A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019. Spencer Platt | Getty Images Pinterest reported third-quarter earnings on Monday that beat on the top and bottom lines. The stock jumped more than 11% in extended...

Snapchat+, a subscription-based revenue stream, has hit 4M subscribers, says CEO Evan Spiegel
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Snap earnings Q3 2023

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris on June 17, 2022. Benoit Tessier | Reuters Snap shares initially soared as much as 20% in after-hours trading as the company beat on the top and bottom...

Attorney generals around the country file lawsuit against Meta alleging addictive features
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Meta to report third-quarter earnings after the bell

Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Meta is set to report third-quarter earnings after the bell Wednesday. Here are the key numbers Wall Street will be watching: Earnings: $3.63 per share...

'If you look up disaster in the dictionary you will see Snap's ticker', says Wedbush's Dan Ives
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Meta to report second-quarter earnings after the bell

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Meta will report second-quarter earnings after market close on Wednesday. Here are the key numbers to watch: Earnings: $2.91 per share expected, according to...

'If you look up disaster in the dictionary you will see Snap's ticker', says Wedbush's Dan Ives
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Snap shares plunge more than 17% on weak forecast

Snap shares tumbled over 17% after the company reported guidance for its current quarter that missed analysts’ expectations. Here’s how the company did: Loss per share: 2 cents vs. 4 cents expected by analysts, according to Refinitiv. Revenue: $1.07 billion vs. $1.05 billion expected, according to Refinitiv. Global Daily Active Users (DAUs): 397 million vs....