HSBC shares slump on revenue miss, lender announces share buyback of up to $1 billion
HSBC announced a $1 billion share buyback and reported third-quarter pretax profit meeting expectations, though shares fell 6.5% on a revenue miss.
Samsung Electronics shares slid despite record profit in the third-quarter
Samsung Electronics shares fell 4.13% despite posting record third-quarter operating profit of over 100 trillion won, marking its fourth consecutive quarter of record results.
Ford reports mixed third-quarter results, says 2027 earnings will be in line with this year
Ford reported mixed third-quarter results and indicated 2027 earnings will approximately match this year’s performance, citing offsetting factors including tariff refunds, commodity costs, and production adjustments.
Alphabet’s free cash flow sinks further, Q3 capex expectations miss in worrying sign for AI trade
Alphabet shares fell more than 8% after reporting negative free cash flow of $9.07 billion in Q3, significantly below analyst expectations, amid concerns over elevated artificial intelligence spending.
Microsoft stock jumps 4% as cloud growth drives earnings and revenue beat
Microsoft shares rose 4% in extended trading after reporting stronger-than-expected quarterly results, with Azure cloud infrastructure business growing 48%.
Oracle stock pops 11% as long-term revenue forecast and clarity on financing ease debt concerns
Oracle shares surged 11% after issuing a $225 billion fiscal 2030 revenue forecast and announcing plans to limit fundraising to $20 billion, easing investor concerns about debt and AI infrastructure costs.