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News Powered By AI

Amazon posts negative free cash flow of $42.4 billion, holds 2026 capex unchanged

by News Feed Editor | Oct 29, 2026 | Stock Market

Amazon’s shares declined more than 7% after third-quarter earnings and revenue missed Wall Street expectations, while the company maintained its 2026 capital expenditure forecast at $220 billion.

Norwegian shares surge 13% on earnings beat, guidance raise

by News Feed Editor | Oct 29, 2026 | Stock Market

Norwegian Cruise Line Holdings shares surged 13% after reporting third-quarter earnings that exceeded expectations and raising full-year guidance.

Starbucks sales fall short of expectations, but its U.S. turnaround continues to gain steam

by News Feed Editor | Oct 29, 2026 | Stock Market

Starbucks reported mixed quarterly results with strong U.S. performance offsetting international underperformance, as the coffee chain projects adjusted earnings above expectations for fiscal 2027.

Rivian third-quarter earnings beat estimates as software revenue, R2 deliveries rise

by News Feed Editor | Oct 29, 2026 | Stock Market

Rivian beat third-quarter earnings expectations as R2 SUV deliveries ramped up, with the company revising 2026 guidance to reflect improved vehicle deliveries and reduced losses.

Intel stock plunges 16% as chipmaker blames PC slowdown for weak guidance

by News Feed Editor | Oct 29, 2026 | Stock Market

Intel shares fell 16% after the chipmaker issued weak fourth-quarter guidance, citing a slowdown in the global PC market and forecasting lower revenue than analyst expectations.

Reddit shares sink on weak sales guidance and plans login requirement test as Google search traffic shrinks

by News Feed Editor | Oct 29, 2026 | Stock Market

Reddit shares fell over 15% after the company reported third-quarter earnings that beat expectations but offered weak fourth-quarter guidance, with CEO citing declining Google search referral traffic.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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