ADVFN US – Market Content Editor
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Alphabet’s AI Spending Shock Drags Nasdaq Down as Dow Holds Up Better
Wall Street closed lower on Thursday, with the Nasdaq Composite taking the brunt of the damage after Alphabet’s earnings revived worries about how much money Big Tech is pouring into artificial intelligence. The Dow Jones Industrial Average and S&P 500 slipped far less, cushioned by gains in health care and small-cap stocks. Fresh data showed…
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Precipio Announces Q3-2026 Shareholder Update Call
Conference Call will be held on November 10th, 2026, at 5:00 PM EST NEW HAVEN, CT – Specialty cancer diagnostics company Precipio, Inc. (NASDAQ:PRPO), will be hosting its Q3-2026 shareholder update call on November 10th, 2026, at 5:00 PM ET. The call will include remarks on the Company’s current core businesses, as well as a moderated live…
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Caterpillar Shares Fall 10% Despite Q3 Earnings Beat as Revenue Rises 17%
Caterpillar (NYSE:CAT) reported third-quarter 2026 earnings and revenue above analysts’ expectations on Thursday, supported by demand for construction equipment and power systems associated with artificial intelligence infrastructure development. Despite the results, shares of the industrial equipment manufacturer declined more than 10% in US premarket trading, alongside broader declines in AI-related stocks. The market movements followed…
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T-Mobile Reports 27% Rise in Q3 Net Income to $3.46 Billion and Raises 2026 Outlook
T-Mobile US (NASDAQ:TMUS) reported a 27.3% increase in third-quarter 2026 net income to $3.46 billion, supported by higher wireless service revenue and average customer spending. Shares of the US telecommunications operator advanced in premarket trading on Thursday following Wednesday’s earnings announcement. Adjusted earnings per share reached $3.22, exceeding analysts’ consensus estimate of $2.89. Revenue increased…
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Xerox Shares Fall Nearly 20% as Company Cuts 2026 Profit and Cash Flow Forecasts
Xerox Holdings Corporation (NASDAQ:XRX) reported third-quarter 2026 earnings and revenue above analysts’ expectations on Thursday but reduced its full-year financial guidance. Shares of the company declined 19.7% following the announcement. Adjusted earnings per share reached $0.02, compared with analysts’ expectations for a loss of $0.10 per share. Revenue totaled $1.87 billion, slightly exceeding the consensus…
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Eli Lilly Shares Rise 4% as Q3 Earnings Exceed Estimates and Revenue Outlook Increases
Eli Lilly and Company (NYSE:LLY) reported third-quarter 2026 earnings and revenue above analysts’ expectations on Thursday, supported by increased sales of its diabetes and weight-loss treatments Mounjaro and Zepbound. The pharmaceutical company’s shares advanced more than 4% in premarket trading following the announcement. Adjusted earnings per share reached $7.48, exceeding the consensus estimate of $5.60.…
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Restaurant Brands Q3 Profit Exceeds Forecasts Despite Revenue Miss
Restaurant Brands International (NYSE:QSR) reported third-quarter 2026 adjusted earnings above analysts’ expectations on Thursday, although revenue fell slightly short of forecasts. The company also reaffirmed its full-year operating income growth guidance. Adjusted earnings per share reached $1.10, compared with the consensus estimate of $1.08. Revenue increased 3.1% year over year to $2.52 billion from $2.45…
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Hershey Lowers 2026 Sales Growth Outlook as Consumer Spending Pressures Affect Halloween Demand
Hershey (NYSE:HSY) lowered its annual organic net sales growth forecast on Thursday, citing financial pressures on consumers that could affect spending on Halloween candy. The company’s shares declined approximately 1% following the announcement. The confectionery manufacturer reduced its organic net sales growth target to approximately 3%, pointing to reduced demand in convenience stores as consumers…
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DoorDash Reports Q3 Earnings Above Forecasts and Announces $17 Billion Instacart Acquisition
DoorDash (NASDAQ:DASH) reported third-quarter 2026 earnings and revenue above analysts’ expectations and announced a definitive agreement to acquire Instacart (NASDAQ:CART) for approximately $17 billion in cash and stock. The delivery platform reported adjusted earnings per share of $1.06, exceeding the consensus estimate of $0.82. Revenue reached $4.61 billion, compared with analysts’ expectations of $4.56 billion.…
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Crocs Shares Rise 19% as Q3 Revenue Reaches $1.04 Billion and 2026 Guidance Increases
Crocs (NASDAQ:CROX) reported third-quarter 2026 earnings and revenue above analysts’ expectations on Thursday, raising its full-year financial outlook for the third consecutive time. Shares of the footwear company advanced 19.41% in premarket trading following the announcement. Adjusted earnings per share reached $3.69, exceeding the consensus estimate of $3.30. Revenue increased 4.6% to $1.04 billion from…