Mostly Markets

Latest stories, page 4

A freight train on a plain
Earnings preview

What to Expect From Uber's (UBER) Q3 Earnings

Uber reports before the open on Wednesday, 4 November, with its stock down 19.5% this year. Analysts expect gross bookings of about $59.7 billion, in the upper half of its own forecast.

UBER▲ 0.7%
A scientist at a microscope
Earnings preview

AbbVie (ABBV) Reports Earnings Tomorrow: What to Watch

AbbVie reports before the open on Friday. Analysts expect adjusted EPS of $3.74 to $3.79, within or above the $3.73 to $3.77 the company guided to after an 11-cent charge for acquired research.

ABBV▲ 1.7%
A collage of a giant magnifying glass cracking apart above rows of data-center servers
Why it moved

Alphabet (GOOGL) Shares Plunge After Search Falls Short and Cash Burn Grows

Alphabet plunged 12.6% on Thursday, its worst day since Google's 2004 listing, after search revenue missed estimates and free cash flow came in at negative $9.07 billion.

GOOGL▼ 12.6%
Screens of market charts
Chart

Apple Leads the Magnificent Seven in 2026 as Alphabet Slides Into the Red

Apple is up 28.3% this year as of Thursday's close. Alphabet's 12.6% drop after its results left it down 9.3%, one of three of the seven now below where they started 2026.

AAPL▲ 1.5%
Heavy equipment lined up in a yard
Earnings

Caterpillar (CAT) Beats Q3 Profit Estimates, but Shares Plunge on Its Outlook

Caterpillar's adjusted profit of $7.20 a share beat the $7.08 expected, but it kept its 2026 sales forecast unchanged. The stock plunged 9.25%, its worst day since March 2020.

CAT▼ 9.2%
A collage of a giant medicine pen standing like a monument beside a staircase of green candlesticks
Earnings

Eli Lilly (LLY) Tops Q3 Estimates as Mounjaro Sales Jump 65%

Lilly's revenue rose 39% to $24.40 billion, beating the $22.61 billion expected, and it raised its 2026 sales forecast by $5.5 billion at the midpoint. The stock jumped 6.6% to a record close.

LLY▲ 6.6%
A security operations room
Why it moved

Fortinet (FTNT) Shares Plunge After It Cuts Its Service Revenue Forecast

Fortinet plunged 20.1% on Thursday after cutting its 2026 service revenue forecast to $5.15–5.17 billion, below the $5.2 billion analysts expected, despite a Q3 beat.

FTNT▼ 20.1%
An aisle of servers in a data center
Why it moved

Microsoft (MSFT) Shares Give Back Their After-Hours Gain as Investors Weigh Spending

Microsoft closed down 0.2% at $530.14 on Thursday, erasing a 4% jump in Wednesday's after-hours trading, as investors looked past its earnings beat to capex $5.5 billion below estimates.

MSFT▼ 0.2%
A collage of an office conveyor belt of paperwork snapping in half as a red chart line dives
Why it moved

ServiceNow (NOW) Stock Has Its Worst Day on Record After a Soft Forecast

ServiceNow plunged 27.0% on Thursday after forecasting 18.5% growth in a key measure of future sales, slower than the 21% it just reported and below estimates.

NOW▼ 26.9%
An electric car charging
Why it moved

Why Carvana (CVNA) Stock Is Soaring Today

Carvana soared 15.7% on Thursday after selling a record 217,385 cars in the third quarter, up 39%, with revenue of $8.04 billion ahead of estimates.

CVNA▲ 15.7%
Screens of market charts
Big movers

Stocks Making the Biggest Moves Yesterday: F5, Vertiv, Oracle, Alphabet and Sandisk

F5 plunged 20.4% on its forecast, Vertiv soared 16.5% and Oracle 10.7% on Wednesday, and Alphabet plunged 10.8% after hours, as of 5:53 p.m. ET, after its search revenue missed.

FFIV▼ 0.6%
An aisle of servers in a data center
Earnings

Microsoft (MSFT) Beats Q1 Estimates as Azure Growth Speeds Up to 48%

Microsoft rose 4.0% after hours as revenue of $92.28 billion beat the $90.69 billion expected and Azure grew 48%, above the company's own forecast.

MSFT▲ 4.0%AH