Former Vice President Joe Biden is favored to win the U.S. election no matter if you look at betting markets or polling. But the hard money on the election isn’t nearly as tilted toward Biden as polling would indicate.
Twitter Inc. added users and revenue in the third quarter, but its daily active-user gains fell short of analyst expectations, sending its shares sharply lower in after-hours trading.
European equities fall and U.S. stock futures are also lower after Apple and Amazon shares fell on results late on Thursday. A week of increasing concerns over COVID-19 and restrictions have taken a toll on markets.
Amazon.com Inc. reported record quarterly sales Thursday and has already reached a record profit total in 2020 amid ramped up pandemic spending, and it still has another three months to go that include Prime Day as well as the traditional winter holidays.
Shares of General Electric Co. pulled a sharp intraday U-turn Thursday to close in negative territory, as they once again failed to sustain gains above a chart resistance level, even as Wall Street analysts praised the industrial conglomerate’s blowout earnings report.
Activision Blizzard Inc. shares fell in the extended session Thursday after the videogame publisher’s December-quarter outlook fell well short of Wall Street expectations.
Twitter Inc. added users and revenue in the third quarter, but its profit and daily active-user gains fell short of analyst expectations, sending its shares sharply lower in after-hours trading.
U.S. stocks booked modest gains on Thursday, taking back a chunk of Wednesday’s rout, after a preliminary reading of the health of the U.S. economy showed a rebound in growth following the recession caused by the coronavirus pandemic.
Google parent Alphabet Inc. shares surged in the extended session Thursday after the tech giant returned to rising ad sales and topped Wall Street estimates with a quarterly earnings report.
Starbucks Corp. beats Wall Street expectations for its fiscal fourth quarter and says that store closures, fewer customers, and other realities in the pandemic caused it to lose $1.2 billion in sales for the quarter.
Pinterest Inc. is seeing a boom in new users as shut-in DIYers looked for new home improvement projects during the pandemic, and its revenue benefitted from a boycott by many large advertisers of Facebook.