Zuckerberg said that he is going to keep building out Meta’s infrastructure and data centers, because the opportunity is so huge, even if investors don’t like it.
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with debt, losses and weaker sales.
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.
The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.
Coinbase Global Inc.’s stock fell 3.6% in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.
EBay’s slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.
Shares of Trump Media & Technology Group fell more than 22% Wednesday.
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings conference calls.
