Disney posts mixed results as streaming growth is offset by legacy TV declines

Disney posts mixed results as streaming growth is offset by legacy TV declines

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but … Read more

Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Chinese tech giant Tencent’s quarterly revenue rises 15%, fueled by AI

Tencent on Thursday posted 15% year-on-year revenue growth, with AI boosting the Chinese tech giant’s performance in advertising targeting and gaming. Here’s how Tencent performed in the third quarter of 2025, per earnings released on Thursday:  Revenue: 192.9 billion Chinese yuan ($27.12 billion), surpassing the 189.2 billion Chinese yuan expected analysts, according to data compiled by … Read more

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Firefly Aerospace shares jump 15% on strong revenues, boosted guidance

Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance. … Read more

Cisco’s stock jumps on earnings beat, strong guidance and $1.3 billion in AI orders

Cisco’s stock jumps on earnings beat, strong guidance and .3 billion in AI orders

Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose more than 7% in extended trading. Here’s how the company did in comparison with … Read more

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images … Read more

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart tops third-quarter expectations under new CEO Rogers, gives strong guidance

Instacart topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers. The grocery delivery platform‘s stock was flat. Here’s how the company did versus LSEG estimates: Earnings per share: 51 cents adjusted vs. 49 cents expected Revenue: $939 million vs. $934 million expected Revenues rose 10% from $852 million in the year-ago period. … Read more