iPhone and iPad maker Apple (NASDAQ:AAPL) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 9.6% year on year to $94.04 billion. Its GAAP profit of $1.57 per share was 10.1% above analysts’ consensus estimates.
Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) reported Q2 CY2025 results exceeding the market’s revenue expectations, with sales up 13.3% year on year to $167.7 billion. Guidance for next quarter’s revenue was optimistic at $176.8 billion at the midpoint, 2.1% above analysts’ estimates. Its GAAP profit of $1.68 per share was 26% above analysts’ consensus estimates.
Blockchain infrastructure company Coinbase (NASDAQ:COIN) missed Wall Street’s revenue expectations in Q2 CY2025 as sales rose 3.3% year on year to $1.5 billion. Its non-GAAP profit of $0.12 per share was 91.9% below analysts’ consensus estimates.
The Roundhill Magnificent Seven ETF surged to an all-time high Thursday morning. The ETF is being powered by blockbuster quarterly earnings from key holdings Microsoft and Meta Platforms.
Shares of industrial and safety product distributor Distribution Solutions (NASDAQ:DSGR)
jumped 9.3% in the afternoon session after the company reported second-quarter financial results that showed strong revenue growth and better-than-expected adjusted earnings. The industrial products distributor posted revenue of $502.4 million for the quarter, a 14.3% increase compared to the previous year. This growth stemmed from both recent acquisitions and a 3.3% rise in organic sales. While the company's official net income of $0.11 per share fell short of some estimates, investors focused on the adjusted earnings of $0.35 per share. This figure surpassed the analyst consensus forecast of $0.32. The strong top-line performance and adjusted profit beat signaled resilience to investors.
Shares of freight delivery company XPO (NYSE:XPO)
fell 9.1% in the afternoon session after the company reported disappointing second-quarter financial results that revealed a significant drop in profitability.
Shares of beer powerhouse Anheuser-Busch InBev (NYSE:BUD)
fell 12% in the afternoon session after the company reported second-quarter results that fell short of market expectations, driven by weak demand in key international markets. The world's largest brewer announced that its total sales volume decreased by 1.9%, with beer volume specifically dropping 2.2%, a larger decline than analysts anticipated. The company’s revenue landed at $15.0 billion, which missed consensus estimates. The performance stemmed largely from significant sales drops in key international markets. In China, revenue fell 6% as volumes decreased by over 7%, while in Brazil, volumes plunged by more than 6.5%. The disappointing report intensified investor concerns about shifting consumer preferences away from traditional beer products.
Starbucks (NASDAQ: SBUX) is an American multinational chain of coffeehouses and roastery reserves, widely recognized for its signature coffee beverages, comfortable ambiance, and global presence. From its humble beginnings as a single store selling coffee beans in Seattle, Starbucks has transformed into a cultural phenomenon, redefining the way millions around
Nike (NYSE: NKE) stands as a titan in the global athletic apparel and footwear industry, a brand synonymous with innovation, performance, and aspirational marketing. From its humble beginnings as a distributor of Japanese running shoes, Nike has evolved into a multinational corporation that designs, develops, manufactures, and markets footwear, apparel,
Apple Inc. (NASDAQ: AAPL) is an American multinational technology company headquartered in Cupertino, California, renowned globally for its consumer electronics, software, and online services. Since its inception, Apple has consistently pushed the boundaries of technology, introducing groundbreaking products that have redefined industries and become integral to daily life. The company
