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Chipotle Raises Outlook, but Says Cyclospora Hurt July Sales
The Wall Street Journal64d agoneutral
Chipotle Raises Outlook, but Says Cyclospora Hurt July Sales

Chipotle says cyclospora didn’t directly impact its lettuce, but the parasitic outbreak has still taken a bite out of its sales. The decline in sales was modest, Chief Executive Scott Boatwright said. Federal health officials have linked one outbreak of cyclospora-related illnesses to shredded iceberg lettuce that U.S. produce giant Taylor Farms sourced from Mexico.

Robinhood Profits Jump. Investors Are Focusing On This Instead.
The Wall Street Journal64d agobullish
Robinhood Profits Jump. Investors Are Focusing On This Instead.

Robinhood reported a 48% jump in quarterly profits on Wednesday, blowing past analyst estimates—but investors zeroed in on higher expenses and a continued decline in cryptocurrency revenue. The brokerage’s trading revenue was up 44% from the same time last year. Robinhood’s crypto trading revenue has dropped for a few quarters now, a lull long enough to leave some analysts wondering if the slowdown is permanent.

Starbucks Stock Jumps After Earnings Beat and Strong Outlook
Barrons.com64d agobullish
Starbucks Stock Jumps After Earnings Beat and Strong Outlook

Starbucks shares jumped in after-hours trading after the company reported third-quarter earnings and revenue that beat expectations and raised its fill-year outlook, suggesting its turnaround is under way. For the fiscal quarter ended June 28, Starbucks reported adjusted earnings of 85 cents a share, well above the 66 cents analysts expected. Revenue fell 1.4% from a year earlier to $9.32 billion—partially due to the conversion of Starbucks’ China operations into a licensed joint venture—but still topped the roughly $9.17 billion consensus estimate.

Starbucks (SBUX) Q3 Earnings Surpass Estimates
Zacks64d agoneutral
Starbucks (SBUX) Q3 Earnings Surpass Estimates

Starbucks (SBUX) delivered earnings and revenue surprises of +28.79% and -1.22%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Qualcomm (QCOM) Q3 Earnings Miss Estimates
Zacks64d agobearish
Qualcomm (QCOM) Q3 Earnings Miss Estimates

Qualcomm (QCOM) delivered earnings and revenue surprises of -0.45% and +2.44%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Carvana (CVNA) Matches Q2 Earnings Estimates
Zacks64d agoneutral
Carvana (CVNA) Matches Q2 Earnings Estimates

Carvana (CVNA) delivered earnings and revenue surprises of 0.00% and +5.55%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Microsoft's Cloud Accelerates to Fastest Growth Since 2022
Bloomberg64d agoneutralVIDEO
Microsoft's Cloud Accelerates to Fastest Growth Since 2022

Microsoft cloud unit grew at the fastest pace in four years, suggesting that the company's computing infrastructure and artificial intelligence services continue to make inroads with businesses. Azure cloud-computing revenue increased 43% during the fiscal fourth quarter, the company said Wednesday in a statement. That was the fastest quarterly growth since early 2022, and topped analysts' average growth estimate of about 40%. Azure sales topped $100 billion for the first time during the fiscal year ended in June.  Bloomberg Tech Host Ed Ludlow reacts to earnings

Microsoft beats Wall Street expectations with $90B in revenue
Associated Press64d agobullish
Microsoft beats Wall Street expectations with $90B in revenue

Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users. Analysts surveyed by FactSet Research had expected the company to earn $4.24 per share on revenue of $87.62 billion this quarter. Microsoft Cloud revenue was $59.3 billion this quarter, up 27% year-over-year.

Toy Story maker hit by another round of Disney cuts
TheStreet64d agobearish
Toy Story maker hit by another round of Disney cuts

Most of us know Pixar as the animation studio behind some of our childhood favorites. Since releasing “Toy Story” in 1995, the studio has built major franchises around “The Incredibles,” “Finding Nemo,” “Cars,” “Inside Out,” and other films that have generated billions of dollars in box-office ...

Meta Platforms (META) Lags Q2 Earnings Estimates
Zacks64d agoneutral
Meta Platforms (META) Lags Q2 Earnings Estimates

Meta Platforms (META) delivered earnings and revenue surprises of -12.96% and +0.98%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Starbucks reports strong quarterly sales and raises annual outlook
Associated Press64d agoneutral
Starbucks reports strong quarterly sales and raises annual outlook

Starbucks shares soared Wednesday after the coffee giant reported better-than-expected quarterly revenue and profit and raised its financial outlook for the year. The Seattle company said global same-store sales in its fiscal third quarter rose 7.9%, which was well above the 5.7% increase Wall Street was expecting, according to analysts polled by FactSet. Starbucks said it now expects global same-store sales to grow 6% for its full fiscal year.

Investing.com64d agobearish
Robinhood drops despite Q2 earnings beat as one-time gain boosts results

Investing.com -- Robinhood Markets Inc (NASDAQ:HOOD) reported second-quarter financial results that topped Wall Street expectations across top and bottom lines, yet its shares dropped 4% in extended trading on Wednesday as investors scrutinized the quality of the earnings beat. The sell-off suggests market participants were less impressed by headline outperformance heavily influenced by non-operational accounting adjustments than by the underlying core trajectory. The online brokerage posted dil