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Third quarter earnings

The stock falls as the outlook for the fourth quarter is disappointing

AMD (AMD) reported its fiscal third-quarter results on Tuesday, meeting expectations for earnings per share and beating revenue. However, Wall Street wasn’t particularly enthusiastic about the company’s fourth-quarter revenue outlook, which is said to be between $7.2 billion and $7.8…

Alphabet stock rises as profit forecasts fall on strong cloud growth

Shares of Google parent Alphabet (GOOG, GOOGL) rose 6% in after-hours trading on Tuesday after the company reported fiscal third-quarter earnings that beat analysts’ estimates for revenue and profit, reflecting strong growth in its cloud business. The search giant reported…

Alphabet’s profit estimates fall as its cloud business expands

Google parent Alphabet (GOOG, GOOGL) reported fiscal third-quarter earnings after the bell on Tuesday, beating analysts’ estimates on revenue and profit as its cloud business continued to expand and Big Tech’s profits with a robust bottom line ushered in. The…