Meta Q2 earnings recap: Stock surges 12% after hours on strong results as AI talent costs heat up
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.
Earnings
Here's why Meta CEO Mark Zuckerberg says the company has 'all the ingredients' to build superintelligence
Meta CEO Mark Zuckerberg gave details about its new superintelligence strategy as the company pours billions into data centers and talent.
Microsoft is set to join Nvidia in $4 trillion market cap club after strong earnings report
Microsoft shares surged so much after hours that the tech giant joined the $4 trillion market cap club.
Exclusive
Microsoft CFO calls for 'intensity' in an internal memo, after blowout earnings
Microsoft reported a $27 billion quarterly profit, after cutting thousands of jobs. The CFO is keeping up the pressure.
Starbucks plans to phase out its mobile-only stores for a future with more 'warmth and human connection'
Around 80 to 90 pickup-only locations in the US, many of which are located in office buildings and offer no seating, will be phased out.
Starbucks CEO Brian Niccol says price changes are a last resort in coffee chain turnaround
CEO Brian Niccol said price changes are his last resort for improving Starbucks' slumping sales — but they're "absolutely" on the horizon.
Markets are about to kick off a huge week of earnings and macro data
Markets are bracing for a big week with Magnificent Seven earnings, fresh economic data, and a policy update from the Fed on deck.
Google's blowout quarter drew mixed reactions from Wall Street amid soaring AI usage — and costs
Google crushed earnings expectations — but investor reactions were mixed as the CEO highlighted surging AI usage and a $10 billion capex spike.
Daily stock watch: Why Tesla, Opendoor, and Block are on investors' radars
Opendoor Technologies rose 25% in premarket trading after a social media post by Carvana spotter Eric Jackson. Tesla rose slightly ahead of Wednesday's earnings.
'I'm hoping we get a pullback': Morgan Stanley's CIO says any potential tariff-fueled drop in stocks is a buying opportunity
"This is what the beginning of a new bull market looks like," Morgan Stanley's CIO said, adding that earnings look resilient and stocks should rally.
Netflix notches a record quarter and signals more growth ahead
The streaming giant's revenue rose 15.9% year over year to $11.08 billion, and earnings hit $7.19 per share.
Netflix is entering a new era of growth
Analysts expect strong Netflix quarterly earnings, even as growth from its password-sharing clampdown slows. Here's what Wall Street is watching.
Goldman's CEO is finding his groove after years of challenges
David Solomon struck an upbeat note in Goldman's earnings call. Here are 4 reasons he's optimistic, from the return of big deals to AI.
JPMorgan kicks off bank earnings with a surprise gain in dealmaking
JPMorgan said investment banking fees rose 7%, defying Wall Street projections and tariff woes. It's the first big bank to report second-quarter earnings.
Here are investors' burning AI questions with tech earnings around the corner
Big Tech has led the S&P 500 higher. Now it has to prove it can keep the rally going.
Jeans brand Levi's is up 7% on strong earnings — despite a profit hit from tariffs
Levi's saw a 6% revenue increase in the latest quarter, but it anticipates a hit of up to $30 million this year because of Trump's tariffs.
'A little numb' to tariffs and 'very resilient': How CEOs are describing American consumers
Delta CEO Ed Bastian says "people are still traveling" amid tariff concerns.
The stock market's biggest bet is setting investors up for a smackdown
A dating coach realized she couldn't 'do it all' while pregnant and prioritized her health — without sacrificing success
Sami Wunder, a dating coach with a multi-million euro business, says she was determined not to jeopardize her income or her health while pregnant.
Morgan Stanley shares a chart that fuels the argument for new stock-market highs
The outlook for earnings is brightening, Morgan Stanley CIO Mike Wilson said. More upward revisions has historically led to 13% boost for the S&P 500.