Anthropic’s path to the Nasdaq just got a lot bumpier
Anthropic’s IPO prospectus launch coincided with disappointing quarterly earnings from major tech partners Microsoft, Google, and Amazon, creating headwinds for the AI company’s market debut.
AMD stock jumps 8% on earnings as data center revenue nearly doubles
Advanced Micro Devices reported third-quarter earnings that beat expectations, with revenue jumping 45% and data center sales nearly doubling. The stock rose 8% in extended trading.
Pfizer hikes full-year outlook on new product growth, taps company veteran as new CFO
Pfizer raised its full-year revenue outlook to $62 billion to $64 billion after reporting third-quarter results that exceeded expectations, driven by strong sales of newly launched and acquired products.
Versant earnings beat expectations as digital platforms drive growth
Versant Media reported third-quarter earnings and revenue beating Wall Street expectations, driven by growth in digital platforms like Fandango, though advertising revenue declined 5.3% year-over-year.
Yum Brands earnings beat estimates, but cyclospora outbreak weighs on Taco Bell
Yum Brands reported third-quarter earnings that beat estimates, though a cyclospora outbreak at Taco Bell temporarily pressured same-store sales growth before conditions improved.
Ferrari raises 2026 guidance after Q3 earnings beat
Ferrari raised its 2026 guidance after beating third-quarter expectations, citing stronger customer personalizations and lower currency headwinds despite declining vehicle shipments.