Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Axon Enterprise‘s stock popped 14% after the TASER maker surpassed Wall Street’s estimates and boosted its guidance due to robust demand for its security solutions. “Demand for new technology from our customers is accelerating, and it’s outpacing even my most optimistic expectations,” said CEO Rick Smith on an earnings call with analysts. “There’s now one breakout product driving conversations….
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance…
Exxon Mobil reported second-quarter earnings on Friday that declined significantly compared to last year, though the company beat Wall Street estimates as production growth in the Permian Basin and Guyana softened the impact of lower oil prices. Exxon’s net income fell 23% to $7.1 billion, or $1.64 per share, compared to $9.2 billion, or $2.14…
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon shares slid more than 7% in extended trading on Thursday after the company reported second-quarter results that exceeded expectations, but it gave light operating income guidance for the current period. The stock…
Coinbase shares fell Thursday after gains in the cryptocurrency exchange’s subscription revenue failed to offset weaker trading volumes. In the quarter ended June 30, Coinbase earned $1.43 billion, or $5.14 per share, up from earnings of $36.13 million, or 14 cents per share, in the same quarter a year ago. It was not immediately clear…
Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segment. Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about…
Ford Motor reported second-quarter revenue that beat expectations Wednesday, and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President Donald Trump’s auto tariffs. At that time, Ford predicted a $2.5 billion impact from tariffs this year but said it…
Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy. CEO Brian Niccol said in a statement that the company’s comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a series of food-safety scandals. “While our financial…
The nose cone of a Boeing 787 being displayed on the tarmac during the Paris Air Show at Le Bourget Airport, outside Paris, June 25, 2023. Nicolas Economou | Nurphoto | Getty Images Boeing slashed its quarterly losses as sales jumped after it delivered the most airplanes since 2018, the clearest sign yet of improvement at…
