And on this hope, the Vanguard S&P 500 ETF ( NYSEMKT: VOO) is up 0.4% premarket. Williams told the crowd in Chile that, in his personal opinion, there's still "room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral, thereby maintaining the balance between the achievement of our two goals."
Growth in U.S. markets helped Swedish fintech firm Klarna to achieve a 26% jump in third-quarter revenue, beating expectations in its first report as a public company and forecasting revenue above $1 billion in the current quarter, the company said on Tuesday. The buy now, pay later lender, which went public in September in New York, reported revenue of $903 million, beating analysts' expectations of $882 million, according to data compiled by LSEG.
Sea's operating expenses also jumped by 28%, as its e-commerce arm Shopee tries to strengthen its competitive edge of rivals like Alibaba's Lazada and ByteDance's TikTok Shop. A key focus was strengthening Sea's logistics arm: "We are making our buyers happier while reducing [delivery] costs," Forrest Li, the company's chairman and CEO, said during an earnings briefing. Li pointed to Taiwan, where buyers prefer to pick up goods themselves instead of home delivery.
The San Mateo, Calif.-based company late Monday said it earned 11 cents a share under generally accepted accounting principles, or GAAP, in the third quarter. In the year-earlier period, it earned 9 cents a share. On an adjusted basis, Life360 earned 28 cents a share on sales of $124.5 million in the September quarter. Analysts polled by FactSet had expected adjusted earnings of 17 cents a share on sales of $119.8 million.
The company's CFO, Yoshimitsu Goto, said in an earnings presentation, which was translated by the company, that its decision to divest has "nothing to do with Nvidia itself" but is a way to reallocate its funds toward OpenAI. "This year the OpenAI investment is large," he said, adding that it plans to make the final part of its $30 billion investment by the end of the year.
When Rivian reported Q3 earnings on Nov. 4, it beat on the top line but missed on the bottom line with quarterly EPS of 65 cents versus 72 expected, and revenue of $1.56 billion beating expectations of $1.5 billion. Institutional ownership remains somewhat wary of the stock, with 54.62% of its float currently held by institutions. The largest institutional holder of RIVN remains Amazon (NASDAQ:AMZN) with more than 158 million shares.
AppLovin posted its third-quarter earnings report on Nov. 5. The adtech company's revenue surged 68% year over year to $1.41 billion and exceeded analysts' expectations by $70 million. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) jumped 90% to $1.16 billion, while its earnings per share ( EPS) rose 96% to $2.45 and cleared the consensus forecast by $0.06.
For years - through its pandemic-fueled highs and its post-quarantine malaise - Peloton has held its earnings calls at a bright and bushy 8:30AM ET. Not yesterday. Instead, the company broke different news first thing in the morning: it issued yet another recall for 833,000 of its original Bike Plus units, before posting its Q1 2026 results after the markets closed at 4 o'clock.
The company essentially broke even in reverse originations during Q3 2025, posting a $1 million profit. Meanwhile, Onity's reverse servicing segment recorded $4 million in adjusted pretax income, a rebound from a $3 million loss in Q2 2025 but down from a $10 million gain in Q3 2024. Reverse originations maintained profitability with higher margins on lower volume, Sean O'Neil, Onitys chief financial officer, said during the company's third-quarter earnings call on Thursday morning.
The goal of the program is to utilize the company's strong balance sheet to opportunistically offset a portion of the dilution related to the issuance of restricted stock units to employees as part of the overall compensation program designed to foster an ownership culture.
The Q3 earnings report caused CMG stock to plunge by over 20%. The company has cut its full-year 2025 comparable sales forecast for the third consecutive time, now projecting sales to decline in the low single-digit range, rather than remaining flat. Q3 revenue of $3 billion met expectations, but comparable same-store sales grew just 0.3%. Analysts expected 1.36%. CEO Scott Boatwright said that the company is seeing a "significant pullback" from customers aged 25 to 34.
Pinterest, a platform Futurism described as "being strangled by AI slop," is not having a great day. The image-based social media company yesterday released its third-quarter earnings and, despite a 17% increase in revenue year-over-year (YOY), its shares took a tremendous tumble. Pinterest stock (NYSE: PINS) dropped about 20% through after-hours trading and into premarket on Wednesday, sitting at 18.6% down at the time of publishing.
International Business Machines Corp. ( NYSE: IBM) was America's great tech company before Apple, Microsoft, or Alphabet. Its brand was famous. IBM topped lists of America's most admired companies. However, it recently announced layoffs as part of its push into the artificial intelligence (AI) future, which is the future of the tech world. The company has almost no position in that sector now, and never will.
Reddit announced earnings late last week and it boggles me how people love this stock. I am not a financial expert of analysis but Reddit has been saying for some time that 50% of its traffic comes from Google Search. Reddit also said on this Q3 earnings call that its search traffic is flat and that AI is not a traffic driver, at least not yet.
"This framework potentially includes a delay of China's rare earths restrictions that caused the latest trade flare-up, a spiking of Trump's threatened 100% tariffs on China that were to start Nov. 1, and a resumption of Chinese purchases of soybeans. The agreement may include a resolution of the TikTok dispute with the U.S., getting a deal for the U.S. version of the social video app," they added.
SoFi Technologies (NASDAQ: SOFI) raised its full-year profit forecast on Tuesday after reporting record third-quarter results that beat Wall Street expectations, driven by fee revenue and more user growth across its financial products. CEO Anthony Noto said the company remains on track to launch crypto trading by the end of the year, with plans to roll out its own SoFi USD stablecoin in the first half of 2026 - marking its biggest step yet into the digital asset economy.
CVS Health reported third-quarter results this morning that beat adjusted earnings expectations but delivered a mixed message on operations and cash flow. Adjusted EPS came in at $1.60, well above the $1.37 consensus estimate. Revenue reached $102.87 billion, topping the $98.85 billion expectation and books sales grew 7.8% year over year as all three of its business segments grew. Yet the stock barely moved in after-hours trading, settling near $82.40.