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Let’s check out the companies that are becoming a hot topic for after-hours trading. Palantir Technologies — Palantir stock rose 1% in after-hours trading after the software company reported quarterly results that beat Wall Street expectations, with government revenue up 52% from a year ago. Palantir had adjusted earnings of 21 cents per share on sales of $1.18 billion in the period, while analysts surveyed by LSEG had expected earnings of 17 cents per share on sales of $1.09 billion. Palantir also announced better-than-expected fourth-quarter guidance as the commercial business driving its AI platform continues to expand. Vertex Pharmaceuticals —…
IBM CEO Arvind Krishna attends the inaugural AI Insights Forum on Wednesday, September 13, 2023, at the Russell Building on Capitol Hill.Tom Williams | Cq-roll Call Inc. | Getty ImagesIBM announced Tuesday that it will lay off a percentage of its workforce this quarter.”During the fourth quarter, we will implement actions that impact low single-digit numbers of our global workforce,” a spokesperson told CNBC. “While this may impact some US-based roles, we expect US employment to remain flat year over year.”IBM employed 270,000 people at the end of 2024, according to its latest annual report. A 1% reduction in headcount…
Traders work on the floor of the New York Stock Exchange.Timothy A. Clary | AFP | Getty ImagesStock prices fell on Tuesday, weighed down by declines in artificial intelligence stocks, including: PalantirInvestors were increasingly concerned about the valuations of stocks leading the bull market.of S&P500 It fell 1.17% to close at 6,771.55. Nasdaq Composite It fell 2.04% to end at 23,348.64. of Dow Jones Industrial Average It decreased by 251.44 points (0.53%) to 47,085.24.Palantir shares fell about 8% even as the software company beat Wall Street expectations for the third quarter and provided strong guidance on the back of growth…
E-commerce software provider Shopify is bullish on AI-powered shopping agents, calling AI an “incredible tool” to enable more entrepreneurs in its third-quarter earnings call and calling it “the biggest technology change since the Internet.” The company, which partnered with ChatGPT maker OpenAI in September, reported a 7x increase in traffic to its online store from AI tools and an 11x increase in purchases from AI-powered searches since January of this year. Harley Finkelstein, president of Shopify, said the company’s advantage in the AI era comes from its ability to access data from millions of merchants and billions of transactions, and…
Nicholas Cocobris | Null Photo | Getty Imagespinterest Shares plunged nearly 20% on Tuesday after the company reported third-quarter earnings below earnings per share and provided weak guidance.Here’s how the company performed compared to LSEG’s analyst consensus forecasts:Earnings per share: 38 cents adjusted, 42 cents expected; Revenue: $1.05 billion, $1.05 billion expected.Pinterest’s third quarter revenue increased 17% year-over-year, and net income was $92.11 million, up 201% from $30.56 million in the year-ago period.The company said it expects fourth-quarter sales to be between $1.31 billion and $1.34 billion. The midpoint of the revenue outlook, $1.325 billion, was lower than Wall Street’s…
Hong Kong — Xi Jinping is not known for his easygoing smile. China’s most powerful communist leader in decades has cultivated a reputation in state media during his 12-year rule as a no-nonsense, steady leader. But images released by the White House show a different side of Mr. Xi that is not shown in images released domestically. President Xi attended the Asia-Pacific Economic Cooperation (APEC) summit held in South Korea and held bilateral talks with US President Donald Trump at Gimhae Air Base in Busan. All eyes were on how the leaders of the world’s two largest economies would sort…
As the holidays arrive and temperatures drop, Olivia Munn is all about cozy comfort, thoughtful gifts, and celebrating the little things that make the season special. The actress, activist, and breast cancer survivor is spearheading Athleta’s 2025 holiday campaign, “Celebrate the Wins.” It’s a joyous ode to progress, self-care, and the small victories that make this time of year meaningful. Eh! I had a chance to chat with Olivia about holiday gifts and her favorite Athleta winter items. The mother of two admits she’s not the best at remembering to buy presents, but when she finds something great, she goes…
In a battle between European giants held at Anfield, the team won a hard-fought 1-0 win against Real Madrid, with Liverpool’s Alexis Mac Allister scoring the winning goal in the second half, and Madrid credited goalkeeper Thibaut Courtois for keeping the score in check.Trent Alexander-Arnold received a hostile reception when he returned to Liverpool as a substitute on Tuesday, but the home crowd cheered the Reds over the line in what could be a turning point in the season.Recommended stories list of 4 itemsend of listAfter the first four games in the league, both teams are tied on nine points.Liverpool…
New York mayoral candidate Andrew Cuomo during an election event on Monday, November 3, 2025 in New York, USA. Christian Monterrosa | Bloomberg | Getty ImagesPresident Donald Trump on Monday night made a clear call to New York City residents to vote for Andrew Cuomo over Democratic candidate Zoran Mamdani in the mayoral race.Mr. Trump announced his support for Mr. Cuomo’s independent candidate the day before and hours after the election. tesla CEO Elon Musk similarly supported the former New York governor.Mr. Trump and Mr. Musk said a vote for Republican candidate Curtis Sliwa was effectively a vote for state…
Sora, OpenAI’s AI video generator, is now officially available for Android users in the United States, Canada, Japan, South Korea, Taiwan, Thailand, and Vietnam. Sora was first released as an iOS app in September and quickly rose to the top of the App Store charts, racking up more than 1 million downloads in one week. Sora, which has arrived on the Google Play Store, is expected to attract a larger user base and is likely to see a surge in downloads. The Android version retains all the features of the iOS version, including the “Cameos” feature that allows users to…