Forget a double-header. The market is about to get a quadruple-header that could reset the trajectory of stocks and bonds. By Thursday night, investors will have heard from the Fed and three of the biggest spenders in the AI trade: Alphabet, Microsoft, and Amazon. The throughline will be a familiar one: Can Big Tech keep
The Cheesecake Factory’s moment in the spotlight just got a little sweeter. The California-based restaurant chain reported solid third-quarter earnings on Tuesday, a few days after getting dragged into a political feud that’s become bigger than its famously large portion sizes. It all started after former president Barack Obama stirred the pot on Saturday when
Meta’s $18 billion nationwide settlement with state attorneys general forced nearly $10 billion in additional costs for the company during its third quarter in 2026, missing Wall Street expectations even as its quarterly revenue was up 28%. The company‘s revenue for the quarter hit $64.6 billion, up 26%, while its net income was $9.86 billion,
Elon Musk’s SpaceX said Tuesday that third quarter revenue rose 161% to $14.6 billion year-over-year, cruising past the $12.86 billion analysts expected, according to Visible Alpha consensus from S&P Global Market Intelligence. The company reported net income of $4.4 million, or 35 cents a share compared with a net loss of $541 million in the
Big Tech is about to run a two-day gauntlet featuring some of the market’s heaviest hitters. Netflix and SpaceX report after the closing bell today. Meta and Tesla follow on Wednesday. All four are, in their own ways, expensive growth stories, and their earnings arrive at a difficult moment for markets. The AI trade has
Nvidia jolted investors on Wednesday with a projection that its revenue would skyrocket by 70% next fiscal year and said demand for its AI chips is growing at 100%, prompting an after-hours stock rally. The 70% preliminary expectation wildly exceeded projections for fiscal 2028 revenue of roughly $570 billion, or 44% growth from fiscal 2027
