Roku stock surges on earnings beat, record quarter for premium subscriptions

Roku stock surges on earnings beat, record quarter for premium subscriptions

Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions … Read more

Amazon’s Ring cancels Flock partnership amid Super Bowl ad backlash

Amazon’s Ring cancels Flock partnership amid Super Bowl ad backlash

Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California.  Justin Sullivan | Getty Images Ring is terminating its partnership with police tech provider Flock Safety, the Amazon-owned company announced Thursday. The partnership between Flock and Ring came under scrutiny after the Amazon doorbell company ran … Read more

Pinterest shares tank as CEO blames tariffs for revenue miss, weak outlook

Pinterest shares tank as CEO blames tariffs for revenue miss, weak outlook

Pinterest shares plunged as much as 20% after hours Thursday as CEO Bill Ready said the company “absorbed an exogenous shock this year related to tariffs” that affected top retail advertisers. The company reported a fourth-quarter earnings miss, revenue that was roughly in line with expectations and issued weak guidance for the current period. Here’s … Read more

Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP

Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters More than 900 Google workers have signed an open letter condemning recent actions by U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP), urging the tech giant to disclose … Read more

Tech AI spending may approach $700 billion this year, but the blow to cash raises red flags

Tech AI spending may approach 0 billion this year, but the blow to cash raises red flags

The Google Midlothian Data Center in Texas, Nov. 14, 2025. Ron Jenkins | Getty Images Alphabet, Microsoft, Meta and Amazon are expected to spend nearly $700 billion combined this year to fuel their AI build-outs. For investors who love cash above all else, some warning signs may be flashing. With the heart of tech earnings … Read more

Why Amazon’s CEO is ‘confident’ with $200 billion spending plan

Why Amazon’s CEO is ‘confident’ with 0 billion spending plan

Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon‘s stock plunged 11% in extended trading on Thursday, dragged lower by market jitters around the company’s $200 billion capex plans, the highest spending forecast among the megacap companies. The forecast is … Read more

Reddit shares rise on reveals strong guidance, $1 billion buyback

Reddit shares rise on reveals strong guidance,  billion buyback

Sopa Images | Lightrocket | Getty Images Reddit shares rose 5% in after-hours trading Thursday after the company reported fourth-quarter earnings that beat on the top and bottom lines and gave strong guidance for the start of 2026. Here’s how the company did compared with LSEG estimates: Earnings per share: $1.24 vs. 94 cents expected … Read more

Amazon stock falls 10% on $200 billion spending forecast, earnings miss

Amazon stock falls 10% on 0 billion spending forecast, earnings miss

Amazon shares plunged more than 10% in extended trading Thursday after the company posted mixed fourth-quarter earnings, and boosted its full-year spending forecast to $200 billion. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $1.95 vs. $1.97 estimated Revenue: $213.39 billion vs. $211.33 billion estimated Wall Street … Read more

Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs

Pinterest CEO rebukes, fires ‘obstructionist’ employees who created tool to track layoffs

Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest CEO Bill Ready rebuked staffers who created an internal tool to track layoffs at the company, and fired those involved. … Read more

Amazon asks FCC for extension for Leo satellite internet service

Amazon asks FCC for extension for Leo satellite internet service

A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon’s Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk’s Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on April 9, 2025. Steve Nesius | Reuters Amazon has asked the Federal Communications Commission … Read more