Earnings Surprise: Microsoft and Meta Guidance Plunge Despite Beating Expectations – What You Need to Know About Stock Market Reaction!

New York, USA – Dow Jones futures showed a slight uptick overnight, contrasting with the slight dip in S&P 500 futures and Nasdaq futures. Notable companies such as Microsoft and Meta Platforms exceeded expectations in the third quarter, but their shares took a hit due to lower guidance. Other companies like Robinhood Markets, Coinbase, MicroStrategy, DoorDash, GoDaddy, and Ryan Specialty Holdings also reported earnings after the market close. The stock market rally experienced a modest …

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Stock Plummets as AMD Reports Disappointing Guidance: What Investors Need to Know

SANTA CLARA, California – Advanced Micro Devices (AMD) saw a drop in its stock after reporting its latest earnings, slightly missing the guidance set by the company. The semiconductor giant’s stock took a hit as investors digested the news. Despite posting strong earnings, AMD’s stock faced downward pressure as the company’s forecast fell short of expectations. This news comes as the tech industry continues to navigate challenges and uncertainties in the market. AMD’s earnings report …

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Sales Slump Forces Starbucks to Abandon 2025 Guidance: What’s Next for the Coffee Giant?

Seattle, Washington – Starbucks recently announced the suspension of its guidance for 2025 due to a decline in sales and earnings. The coffee giant’s quarterly report revealed disappointing numbers, pointing to significant challenges ahead for the new CEO. The decision to scrap the 2025 guidance comes after a period of persistent sales slumps, impacting the company’s financial outlook. Shares took a hit following the release of Starbucks’ latest financials, reflecting investor concerns over the company’s …

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PepsiCo Stock Soars as Revenue Guidance Lowered due to Dip in Snack Sales

New York, NY – Shares of PepsiCo rose today after the company released its latest earnings report, although its guidance was reduced due to declining snack sales. The beverage and snack giant faced challenges in North American snacking and key international markets, leading to a cut in its revenue outlook. PepsiCo’s volume growth also weakened, prompting the company to revise its growth forecast downward. Analysts pointed out that PepsiCo may have gone too far with …

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Nike Stock Plummets After CEO Transition Causes Company to Withdraw Guidance – What’s Next for the Athletic Apparel Giant?

Beaverton, Oregon – Nike’s (NYSE:NKE) stock dropped in after-hours trading following the company’s announcement during an earnings conference call. The athletic apparel giant revealed that it was retracting its FY25 guidance and postponing its Investor Day event due to a CEO transition. The decision to withdraw guidance and delay the investor event stems from the upcoming change in leadership at the company. This shift in management is likely to have significant implications for Nike’s future …

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Florida Surgeon General’s COVID-19 vaccine guidance slammed as “dangerous and misleading” by experts

Tallahassee, Florida – Florida Surgeon General Joseph Ladapo is facing backlash from epidemiologists and a federal health agency for issuing concerning COVID-19 guidance that discourages the use of mRNA vaccines from Pfizer and Moderna. The controversial guidance recommends using the Novavax vaccine instead, despite contradicting recommendations from the Centers for Disease Control and Prevention (CDC). The CDC advises the use of mRNA shots or the Novavax vaccine to protect against severe COVID-19 symptoms and hospitalization, …

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Best Buy Beats Expectations and Raises Profit Guidance – Tech Gadgets Key to Success

People entering a Best Buy location in a Brooklyn shopping center in New York City are greeted with promising news. Best Buy, the large electronics retailer, has recently revised its profit outlook upwards after surpassing earnings and revenue projections for the previous quarter. The company is now anticipating adjusted earnings per share for the fiscal year to fall within the range of $6.10 to $6.35, a boost from its prior estimate of $5.75 to $6.20. …

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Nvidia Disappoints on Q3 Revenue Guidance, But Blackwell Chip Demand Skyrocketing in Q4

Santa Clara, California – Graphics chipmaker Nvidia reported strong second-quarter earnings, exceeding expectations with $30.04 billion in revenue. However, the stock dipped more than 5% in after-hours trading as the company fell short of some analysts’ highest revenue guidance for the third quarter. Despite missing the lofty Wall Street “whisper number” of $33 billion to $34 billion for Q3 revenue, Nvidia still outperformed with a forecast of $32.5 billion. The company remains a key player …

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Cyber Outage Hits Millions – CrowdStrike Cuts Guidance by $60 Million

Atlanta, Georgia – Cybersecurity company CrowdStrike faces challenges after a global computer outage that affected millions of users. The aftermath of the cyber incident led to a significant financial impact on the company, prompting CrowdStrike to revise its outlook for the upcoming period. The company’s financial guidance was adjusted downward following the tech meltdown caused by operational errors. CrowdStrike disclosed that the impact of the outage resulted in a $60 million dent in its sales, …

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Eli Lilly’s Zepbound Sales Skyrocket, Guidance Raised in Latest Report from CNBC

Indianapolis, Indiana – Pharmaceutical giant Eli Lilly reported remarkable financial results, surpassing expectations and raising its annual profit forecast. The surge in sales of its flagship drugs, Zepbound and Mounjaro, fueled the company’s impressive performance. The company’s stock price experienced a significant boost following the release of its earnings report, attributing its success to the high demand for Zepbound and Mounjaro in the market. With quarterly sales of Zepbound crossing the $1 billion mark, Eli …

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