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Vale reported net revenue of $10.4 billion for the third quarter, compared to market expectations of $10.3 billion, and net profit of $2.7 billion, compared to market expectations of $2.1 billion.
Amazon (AMZN.O) CEO: AWS's power capacity has doubled since 2022 and is expected to double again by 2027.
Amazon (AMZN.O) CEO: RUFUS, the AI shopping assistant, has 250 million active customers this year, with monthly users growing by 140% year-over-year.
Amazon (AMZN.O) CEO: Amazon's AI shopping assistant Rufus is expected to generate $10 billion in incremental sales annually.
Amazon (AMZN.O) reported better-than-expected third-quarter earnings, sending its shares surging 11% in after-hours trading. The report showed that Amazon's EPS for the quarter was $1.95, exceeding Wall Street's consensus estimate of $1.57. This earnings included investment gains from AI startup Anthropic; quarterly revenue reached $180.2 billion, surpassing analysts' expectations of $177.9 billion. The closely watched cloud computing division, AWS, reported revenue of $33 billion, exceeding market expectations of $32.5 billion. Amazon expects current quarter revenue to be between $206 billion and $213 billion, compared to the market average expectation of $208.4 billion. Amazon CEO Andy Garcetti stated, "We are seeing continued strong demand in the areas of artificial intelligence and core infrastructure, and the company is focused on accelerating capacity expansion."
Apple (AAPL.O) shares extended gains to 3% in after-hours trading.
Apple (AAPL.O) shares rose 1.6% in after-hours trading, after falling nearly 3% earlier in the day.
In the fourth fiscal quarter, Apple (AAPL.O) reported iPhone revenue of $49.025 billion; Mac revenue of $8.73 billion, exceeding expectations; Wearables, Home & Accessories revenue of $9.01 billion, also exceeding expectations; and Services revenue of $28.75 billion.
Apple (AAPL.O) CEO Tim Cook: Some iPhone 17 and iPhone 16 models will face supply constraints in the fourth fiscal quarter.
Foreign central banks held $36.34 billion in U.S. Treasury securities in the week ending October 24, compared with $4.754 billion in the previous week.
Apple (AAPL.O) shares fell 2% in after-hours trading.
Apple (AAPL.O) CEO Tim Cook: Overall sales are expected to grow by 10% to 12% year-over-year in the first quarter of this fiscal year.
Apple (AAPL.O) expects iPhone sales to grow by double digits in the first fiscal quarter, higher than analysts’ forecasts of 9.8% growth.
Apple (AAPL.O) reported revenue of $14.493 billion in Greater China for its fourth fiscal quarter.
Apple (AAPL.O) reported revenue of $102.47 billion for Q4 of fiscal year 2025, exceeding market expectations of $102.12 billion and compared to $94.9 billion in the same period last year.
Reddit (RDDT.N) reported revenue of $585 million in Q3 2025, compared to $348 million in the same period last year, which was in line with market expectations of $545 million.
The Dow Jones Industrial Average closed down 109.88 points, or 0.23%, at 47,522.12 on Thursday, October 30; the S&P 500 closed down 68.25 points, or 0.99%, at 6,822.34; and the Nasdaq Composite closed down 377.33 points, or 1.57%, at 23,581.14.
Amazon (AMZN.O) expects its fourth-quarter operating profit to be between $21 billion and $26 billion.
Amazon (AMZN.O): Third-quarter operating profit included $1.8 billion in special charges, primarily related to anticipated severance costs associated with planned job cuts.
Amazon (AMZN.O): Demand for artificial intelligence and core infrastructure remains strong.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54