Microsoft reported strong quarterly results but issued a cautious revenue growth outlook and reiterated its commitment to invest at elevated levels in artificial intelligence infrastructure. Meta Platforms confirmed higher investments in AI-related projects will dampen earnings in 2025. Carvana lifted its annual earnings outlook.
BKNG CVNA MSFT SBUX UBER
BKNG CVNA MSFT SBUX UBER
UnitedHealth trimmed its annual earnings outlook. Goldman Sachs reported better-than-expected revenue after debt underwriting fees surged from a year ago. Citigroup reported higher investment banking fees. Bank of America said net interest income decreased 3% from a year ago in the third quarter.
BAC COTY C GS UNH
BAC COTY C GS UNH