Stock futures dipped Thursday evening, with investors eyeing a couple of disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that punctuated an otherwise solid quarterly reporting season from many major companies.  Contracts on the S&P 500 fell, pulling back after the blue-chip index set a record closing high on Thursday. Nasdaq futures underperformed amid the drawdown in the big technology names. Amazon shares dropped in late trading after the e-commerce juggernaut missed… Source link

WASHINGTON — Cleaner sources of energy, harvested by machinery made in the United States. Early childhood education subsidized by the federal government. Cheaper hearing aids and expanded health care coverage. A million units of affordable housing. Those are just some of the “truly consequential” changes Americans will see if President Biden’s $1.75 trillion Build Back Better agenda survives the meat grinder of Capitol Hill, he said on Thursday. “We will own the future,” Biden… Source link

Apple, the world’s most valuable tech company, reported record revenue for a September quarter — but its stock slid after sales fell short of expectations and execs warned of ongoing supply-chain problems. The company posted $83.4 billion in revenue, up 29% year over year, and net income of $20.6 billion (or quarterly earnings per diluted share of $1.24). Wall Street analysts on average had pegged Apple revenue to come in at $84.85 billion and EPS at $1.24. Click here to sign up for… Source link

Starbucks (SBUX) posted fiscal fourth-quarter earnings results that mostly missed Wall Street estimates, but the coffee giant reported a spike in active Starbucks reward members as the fast food industry leans into digital in an effort to boost sales and drive customer loyalty. Here’s what the Seattle-based company reported, compared to Wall Street estimates, according to a Bloomberg consensus estimates: Revenue: $8.1 billion versus $8.22 billion expected Adj. earnings per share (EPS): $1.00… Source link

The Shiba Inu breed is a muse in the crypto world. Getty Images Shiba inu has has seen astronomical gains over the last year, but Robinhood users have missed out. The meme coin is unlisted on the trading platform, but an online petition is aiming to change that status. Robinhood’s chief said the platform is waiting for more regulatory clarity on further coin listings. The price of the Shiba inu coin has sprinted up exponentially over the last 12 months but people who exclusively use Robinhood… Source link

You’re reading Entrepreneur United States, an international franchise of Entrepreneur Media. This story originally appeared on Zacks Yandex N.V. YNDX reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.However, the bottom line declined 81.5% year over year.Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.The reported revenue figure… Source link

Accusing the CIA of having an “obsession for vengeance” against Julian Assange, a lawyer for the WikiLeaks founder urged a British court on Thursday to conduct an independent investigation into the agency’s aggressive measures targeting his client, including an aborted 2017 plot to abduct him from the Ecuadorean Embassy in London that was detailed in a recent report by Yahoo News. “This is a case of credible evidence of U.S. government plans developed at some length to do serious harm… Source link

This story originally appeared on Zacks Yandex N.V. YNDX reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.However, the bottom line declined 81.5% year over year.Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.The reported revenue figure includes the consolidated financial results of Yandex.Market.Strengthening momentum across the… Source link

Facebook (FB) is changing its name to Meta as it focuses on the metaverse, a series of interconnected, persistent virtual worlds that let people interact with digital objects and avatars. The company’s existing Facebook app will still retain its name.  CEO Mark Zuckerberg announced the rebranding during the company’s Connect conference on Thursday, which offered a further glimpse into the company’s plans for the so-called metaverse in the coming decade. “We believe the metaverse will be the… Source link

Wall Street isn’t letting a 93% explosion in the value of Ford’s stock this year stop them from predicting further gains ahead as the automaker continues to chop away at costs and rolls out a host of new electric vehicles.  “Q3 results were solid globally showing the benefit of restructuring the new higher margin products and we continue to see numerous catalysts including production recovery as semi capacity comes back, further updates on Argo AI, and new product launches,” said Wells Fargo… Source link