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Browsing: Earnings
Airbnb reported 19% revenue growth in the third quarter, reaching $4.9 billion and marking its fastest expansion in three years.
Tripadvisor is cutting jobs in its legacy hotel business as CEO Matt Goldberg acknowledges the Viator integration failed to meet expectations, citing revenue declines.
Nintendo Switch 2 sales dropped 37.4% in the first half of the fiscal year after the company raised the console price by $50. Net profit still rose 11% thanks to strong software performance.
Qualcomm forecasts data center revenue will reach $15 billion by 2029, targeting 30% of its total business as smartphone sales drop 20%.
AMD reported a record $13.4 billion in third-quarter revenue, a 45% increase driven by data center sales, while gaming revenue fell 40%.
Block integrates AI into Square for voice ordering and inventory management. Cash App reaches 60 million users as third-quarter revenue rises to $6.7 billion.
Intel shares fell 28% after the company warned of lower Q4 revenue and margins, reducing the value of the government’s 10% stake by $12 billion.
Alaska Airlines is cutting 200 back-office jobs as it reports a $416 million loss for the first nine months of 2026, driven by high fuel prices and geopolitical pressures.
Alphabet’s market value fell by over $500bn as heavy AI spending cut profits and Google search ads declined, rattling Wall Street.
Alphabet shares fell sharply after Q3 net profit slid 25% to $26.2bn, missing analyst forecasts despite a surge in Google Cloud revenue.
