FutureLens

🚨 $AMD AMD posted third quarter revenue of $13.38 billion, up 45 percent from a year earlier, ahead of the $13.09 billion Wall Street expected Data center revenue nearly doubled to $8.55 billion, and AMD guided fourth quarter revenue to about $17 billion, above the $16.3 billion Wall Street expected. Shares rose about 8 percent in extended trading.

JUST IN: $SHOP Shopify posted third quarter revenue of $3.74 billion, up 32 percent from a year earlier, just short of the $3.75 billion Wall Street expected Shares fell about 16 percent in premarket trading, its first revenue miss since 2022.

🚨 $PLTR Palantir posted third quarter revenue of $2.313 billion, up 96 percent from a year earlier, ahead of the $2.18 billion Wall Street expected US commercial revenue rose 148 percent to $984 million, passing US government revenue of $953 million for the first time.

JUST IN: $MRVL Marvell is buying $LITE Lumentum in a $115 billion all stock deal Lumentum holders get 4.5 Marvell shares for each share they own, a 23.9 percent premium, with the deal expected to close in the first half of 2028.

🚨 $AAPL Apple posted fiscal fourth quarter revenue of $114.5 billion, beating the $113.4 billion Wall Street expected Earnings came in at $2.10 a share, also ahead of the $1.99 expected, with iPhone revenue hitting a September quarter record at $57.6 billion.

🚨 $PLTR Earnings today: Palantir reports third quarter results after the close today Wall Street expects $0.41 a share on revenue of about $2.18 billion, up about 84 percent from a year earlier. How to play it?

🚨 $GM General Motors will pay $220 million to settle driver data claims from 35 states and Washington DC The case covered its Smart Driver program, which tracked driving habits from 2016 to 2024 and sold the data to brokers who passed it to insurers.

JUST IN: $AMD reports third quarter earnings after the close Tuesday Wall Street expects $1.95 a share on revenue of about $13.09 billion. Shares fell 10.9% Friday to $504.80 after Intel's weak guidance hit chip stocks.

🚨 $META S&P Global cut its outlook on Meta to negative from stable on Friday The agency left the rating unchanged, citing uncertainty around Meta's capital spending and free operating cash flow. It sees deficits of $39 billion in 2026 and $71 billion in 2027.

JUST IN: $RDDT Reddit fell nearly 30 percent Friday, its worst day since going public in 2024, after its outlook disappointed investors Reddit guided fourth quarter revenue to $1 billion to $1.03 billion, below the $1.05 billion analysts expected, and warned daily users could fall by a low double digit percentage.

🚨 $AAPL Apple reports fiscal fourth quarter results after the close Monday, its first earnings call led by chief executive John Ternus Wall Street expects earnings of about $1.99 a share on revenue of about $113 billion, with the December quarter guide as the number to watch.

BREAKING: $BTC Bitcoin fell below $77,000 Friday after Binance disclosed a hack affecting about $6.3 billion in assets Binance says about $3 billion has been frozen and it will cover losses. The breach is described as the largest crypto theft on record.

🚨 $QQQ fell into correction territory Friday, dropping 3.46% as the tech selloff deepened into the close. The Nasdaq Composite fell 2.86% to 25,437, the S&P 500 fell 1.82% to 7,580.07, and Intel plunged 28.58% in its worst day since 1974.

🚨 $LLY Eli Lilly posted adjusted earnings of $7.48 a share Thursday, beating the $5.38 Wall Street expected Revenue rose 39% to $24.4 billion, and Lilly raised its full year revenue outlook to $91 billion to $92 billion.

BREAKING: $XOM $CVX Exxon and Chevron both beat quarterly profit expectations Friday as refining margins surged Exxon is now earning more from refining than from upstream for the first time in at least six years.

🚨 $INTC Intel plunged about 23% in after hours trading Thursday after its fourth quarter outlook fell well short of Wall Street Third quarter revenue rose 21% to $16.5 billion, but Intel guided fourth quarter revenue to $15 billion to $16 billion, below the $17.07 billion analysts expected.

🚨 $ORCL Oracle set a fiscal 2030 revenue target of at least $225 billion at its Investor Day on Wednesday. Shares closed up about 11 percent at $144.54. Oracle also sees free cash flow topping $30 billion in fiscal 2029.

🚨 $AMZN Amazon missed on earnings after the close, even as AWS grew at its fastest pace in nearly five years. Amazon posted earnings of $1.89 a share against about $1.97 expected, on revenue of $201.9 billion. AWS revenue rose 39 percent to $46 billion, while shares fell more than 7 percent after the close.

BREAKING: $MSFT $GOOGL Microsoft beat after the close while Alphabet missed, splitting the night's biggest earnings. Microsoft posted revenue of $92.3 billion with Azure up 48 percent. Alphabet reported revenue of $127.6 billion with Google Cloud up 103 percent, but negative free cash flow of about $9.1 billion, against $18.6 billion positive at Microsoft.

🚨 The Fed held rates steady at 3.75 percent to 4 percent on Wednesday, after September's quarter point hike. The vote was 10 to 2, with Lisa Cook and Beth Hammack dissenting in favor of another quarter point hike. Futures now price roughly 85 percent odds of a December hike.