AMZN, AAPL, INTC and more

Check out the companies making headlines in extended trading. Amazon — The e-commerce giant popped 4.7% after beating earnings expectations on both lines in the third quarter. Amazon reported $1.43 earned per share on revenue of $158.88 billion, while analysts polled by LSEG expected $1.14 and $157.2 billion, respectively....

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Intel (INTC) Q3 earnings report 2024

Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.Annabelle Chih | Bloomberg | Getty ImagesIntel shares jumped 12% in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped...

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Linde (LIN) falls after guidance fails to wow. We’ve seen this movie before

Industrial gas supplier Linde reported a solid third quarter on Thursday, proving once again its ability to grow revenues and earnings in a sluggish macro and industrial environment. Revenue in the third quarter increased 2.5% to $8.36 billion, slightly beating estimates of $8.35 expected by analysts, according to estimates...

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Microsoft stock has worst day in two years on disappointing forecast

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg | Getty ImagesMicrosoft's better-than-expected earnings report wasn't enough to prevent the stock's steepest selloff in two years, as investors instead focused on the company's forecast for...

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We’re hiking our price target on Eaton whose earnings benefit from AI data center boom

Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. Revenue increased over 8% year over year (both organic and on a reported basis) to $6.35 billion, slightly below the $6.37 billion the Street was looking for, according to analyst estimates...

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