News Powered By AI
News Powered By AI
Meta shares declined over 6% after the company issued weaker-than-expected revenue guidance and reported a significant decline in free cash flow amid heavy artificial intelligence infrastructure spending.
Microsoft’s stock rose 3% in extended trading after the company reported fiscal Q4 revenue growth of 18% year-over-year, with Azure cloud business revenue exceeding $100 billion for the first time in the fiscal year.
Long John Silver’s, a 56-year-old seafood fast-food chain, has closed over half its restaurants, dropping from a peak of 1,081 locations to approximately 494 as of the latest count.
Hims and Hers shares declined 10% after the FTC sued the telehealth company over allegations of misleading consumers regarding data privacy, billing practices, and subscription cancellations.
Starbucks raised its full-year earnings outlook after reporting fourth consecutive quarter of same-store sales growth, with shares jumping more than 9% in extended trading.
Chipotle raised its 2026 same-store sales forecast to low single-digit growth after beating analyst expectations, signaling success in winning back customers despite inflationary pressures.
