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Today β€” 30 October 2026The Crypto Basic

Amazon Stock Sinks Over 7% After Q3 Miss as AI Spending Deepens Cash Outflow

By: Zabi
30 October 2026 at 08:01

Amazon Stock Sinks Over 7% After Q3 Miss as AI Spending Deepens Cash Outflow

Amazon (NASDAQ: AMZN) shares sank more than 7% to around $226 in Friday's premarket trading after the company's third-quarter earnings and revenue fell short of Wall Street estimates. The results also showed a sharp deterioration in free cash flow amid heavy spending on artificial intelligence infrastructure, even as growth at Amazon Web Services (AWS) accelerated.

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Yesterday β€” 29 October 2026The Crypto Basic

Microsoft Stock Rises After Earnings Beat as Azure Growth Accelerates to 48%

By: Zabi
29 October 2026 at 10:32

Microsoft Stock Rises After Earnings Beat as Azure Growth Accelerates to 48%

Microsoft Corporation (NASDAQ: MSFT) shares rose about 1% to $535.11 in Thursday's premarket trading after the company reported better-than-expected quarterly earnings and revenue, supported by accelerating growth in its Azure cloud business. The technology giant reported adjusted earnings of $4.89 per share for its fiscal 2027 first quarter, exceeding analysts' estimate of $4.72.

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Alphabet Stock Plunges 10% as Search Ad Growth Slows Despite Rising AI Demand

By: Zabi
29 October 2026 at 08:12

Alphabet Stock Plunges 10% as Search Ad Growth Slows Despite Rising AI Demand

Alphabet (NASDAQ: GOOGL) shares fell more than 10% to $291.49 in pre-market trading Thursday after the Google parent reported weaker-than-expected third-quarter earnings, as slowing search advertising growth and heavy artificial intelligence spending overshadowed strong demand for its cloud services. Alphabet reported diluted earnings of $2.12 per share for the quarter ended September 30, down from $2.87 a year earlier.

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Oracle Stock Pulls Back After Investor Day Rally as Alphabet Earnings Weigh on AI Shares

By: Zabi
29 October 2026 at 07:33

Oracle Stock Pulls Back After Investor Day Rally as Alphabet Earnings Weigh on AI Shares

Oracle (NYSE: ORCL) shares slipped 3% to $140.36 in early premarket trading Thursday, reversing some of Wednesday's Investor Day-driven advance as AI-related tech stocks weakened amid investor disappointment over Alphabet's third-quarter earnings. Google's parent company's shares dropped roughly 10% in extended trading after its quarterly revenue and adjusted earnings missed Wall Street expectations.

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Before yesterdayThe Crypto Basic

SK Hynix ADR Surges as Quarterly Revenue Tops KRW 100 Trillion for First Time

By: Zabi
28 October 2026 at 09:44

SK Hynix ADR Surges as Quarterly Revenue Tops KRW 100 Trillion for First Time

SK hynix (NASDAQ: SKHY) shares surged more than 8% to $157.88 in Wednesday's premarket trading after the South Korean chipmaker reported record third-quarter earnings, with quarterly revenue exceeding KRW 100 trillion for the first time in its history. The company reported third-quarter 2026 revenue of KRW 104.62 trillion, up 328% year over year, while operating profit jumped 632% to KRW 83.33 trillion.

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CoreWeave Stock Rises as Denmark AI Capacity Goes Live, Seven-Country Network Expansion Planned

By: Zabi
28 October 2026 at 07:59

CoreWeave Stock Rises as Denmark AI Capacity Goes Live, Seven-Country Network Expansion Planned

CoreWeave (NASDAQ: CRWV) shares rose 3.56% to $61.69 in Wednesday's premarket trading after the AI cloud provider announced Tuesday that it had brought most of its planned 22.5 megawatts (MW) of IT capacity online in Denmark and planned to expand its global network into the Middle East and Asia Pacific. Blackwell Systems at Danish Site; Network Points Planned Across Seven Countries CoreWeave's first Danish deployment is located at atNorth's DEN01 data center in Copenhagen.

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Robinhood Shares Slide 8% as Record Q3 Revenue Misses Estimates

By: Zabi
28 October 2026 at 07:31

Robinhood Shares Slide 8% as Record Q3 Revenue Misses Estimates

Robinhood Markets (NASDAQ: HOOD) shares fell more than 8% to $86.78 in premarket trading Wednesday after the online brokerage reported record third-quarter revenue that missed Wall Street estimates, amid weaker cryptocurrency trading and higher operating expenses. Revenue rose 12% year over year to a record $1.42 billion for the quarter ended Sept.

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SoFi Stock Surges Over 10% After Record Q3 Earnings and Raised Guidance

By: Zabi
27 October 2026 at 09:22

SoFi Stock Surges Over 10% After Record Q3 Earnings and Raised Guidance

SoFi Technologies (NASDAQ: SOFI) shares surged more than 10% to $15.96 in premarket trading Tuesday after the digital financial services company reported record third-quarter 2026 results and raised its full-year earnings and revenue forecasts above Wall Street expectations. Adjusted net revenue rose 44% year over year to a record $1.37 billion, exceeding analysts' expectations of roughly $1.25 billion.

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DoorDash Stock Edges Up on Reported $17 Billion Instacart Acquisition Talks

By: Zabi
27 October 2026 at 07:52

DoorDash Stock Edges Up on Reported $17 Billion Instacart Acquisition Talks

DoorDash (NASDAQ: DASH) stock rose 0.43% in premarket trading on Tuesday following reports that the company is in advanced talks to acquire grocery-delivery rival Instacart (NASDAQ: CART) in a potential $17 billion transaction. The Wall Street Journal reported Monday, citing people familiar with the matter, that the companies could reach an agreement as soon as this week.

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Broadcom Stock Rises as $63 Billion Financing Backs Anthropic AI Expansion

By: Zabi
27 October 2026 at 07:39

Broadcom Stock Rises as $63 Billion Financing Backs Anthropic AI Expansion

Broadcom (NASDAQ: AVGO) shares rose 2.37% to $337 in Tuesday's premarket trading after Citi, Blackstone, Bank of America, and Morgan Stanley announced a $63 billion financing deal to purchase Broadcom's artificial intelligence equipment for Anthropic. The announcement came at 4:15 p.m.

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Moderna Stock Falls 8% as Melanoma Vaccine Selloff Reaches 25%

By: Zabi
26 October 2026 at 10:00

Moderna Stock Falls 8% as Melanoma Vaccine Selloff Reaches 25%

Moderna (NASDAQ: MRNA) shares fell 8% to $184.19 in Monday's early trading, extending the stock's decline to about 25% since the October 21 close after the release of detailed Phase 3 results for its experimental melanoma vaccine developed with Merck (NYSE: MRK). The October 26 decline extended a two-session selloff that began when embargoed INTerpath-001 findings leaked online on October 22.

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Nebius Stock Falls Amid Neocloud Debt Concerns After $3.5 Billion Citi Facility

By: Zabi
26 October 2026 at 08:03

Nebius Stock Falls Amid Neocloud Debt Concerns After $3.5 Billion Citi Facility

Nebius Group (NASDAQ: NBIS) shares fell about 4% to $152.74 in premarket trading Monday, continuing an October selloff that began before the AI cloud provider disclosed a $3.5 billion senior secured financing facility from Citi last week. The facility, announced October 22, will help finance Nebius's global data center expansion, GPU purchases and general corporate needs.

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American Express Stock Falls as CEO Announces Plan to Cut 5% of Workforce

By: Zabi
23 October 2026 at 10:38

American Express Stock Falls as CEO Announces Plan to Cut 5% of Workforce

American Express (NYSE: AXP) shares fell 3% to $315.38 in early trading Friday after the payments giant announced plans to cut about 5% of its global workforce, even as its third-quarter adjusted earnings surpassed Wall Street expectations. Chief Executive Officer Stephen Squeri disclosed the planned reductions during the company's earnings conference call.

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Bloom Energy Stock Falls Despite Q3 Earnings Beat as Operating Cash Flow Turns Negative

By: Zabi
23 October 2026 at 09:24

Bloom Energy Stock Falls Despite Q3 Earnings Beat as Operating Cash Flow Turns Negative

Bloom Energy (NYSE: BE) shares traded near $209 in premarket trading Friday, extending the previous session's losses despite the fuel-cell manufacturer's stronger-than-expected third-quarter earnings and increased full-year guidance. The quarter also recorded a $27.1 million operating cash outflow.

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Moderna Stock Tumbles Despite Positive Melanoma Vaccine Trial Results

By: Zabi
23 October 2026 at 07:28

Moderna Stock Tumbles Despite Positive Melanoma Vaccine Trial Results

Moderna (NASDAQ: MRNA) shares plunged more than 17% to $202.63 in Thursday's regular trading session after detailed Phase 3 results for its personalized melanoma vaccine, developed with Merck (NYSE: MRK), emerged earlier than planned despite the treatment meeting key clinical goals. The experimental vaccine, intismeran autogene, combined with Merck's immunotherapy Keytruda reduced the risk of cancer recurrence or death by 42% and the risk of distant metastasis (cancer spreading to other parts of the body) or death by 38% compared with Keytruda alone.

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SpaceX Stock Jumps 10% on First Post-IPO Profit, Tesla Merger Explored

By: Zabi
21 October 2026 at 07:29

SpaceX Stock Jumps 10% on First Post-IPO Profit, Tesla Merger Explored

Space Exploration Technologies (NASDAQ: SPCX) shares surged 9.66% to $162.06 in pre-market trading Wednesday after the company reported its first quarterly profit since its June public listing and disclosed that independent committees at SpaceX and Tesla are evaluating a possible merger. SpaceX reported third-quarter net income of $4.4 billion, or $0.35 per diluted share, after posting a $541 million loss in the second quarter and a $1.1 billion loss a year earlier.

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Amazon to Invest Over €16 Billion in Germany, Including €4.8 Billion for AWS

By: Zabi
20 October 2026 at 10:06

Amazon to Invest Over €16 Billion in Germany, Including €4.8 Billion for AWS

Amazon.com (NASDAQ: AMZN) announced plans to invest more than €16 billion (approximately $18 billion) in Germany in 2027, including €4.8 billion to expand Amazon Web Services (AWS) cloud infrastructure around Frankfurt. Amazon stock was little changed in early morning trading Tuesday after closing 5% higher at $262.45 on Monday.

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CoreWeave Stock Falls as HSBC Flags Debt and AI Demand Risks

By: Zabi
20 October 2026 at 08:18

CoreWeave Stock Falls as HSBC Flags Debt and AI Demand Risks

CoreWeave (NASDAQ: CRWV) shares fell 4.17% to $58.57 in premarket trading on Tuesday, extending their recent decline after HSBC Global Investment Research maintained its 'Reduce' rating and $39 price target. The bank warned that rising borrowing costs and a potential slowdown in demand for AI computing could hurt the company's long-term profitability.

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Cerebras Stock Slides as TD Cowen Cuts Target Below IPO Price

By: Zabi
20 October 2026 at 07:34

Cerebras Stock Slides as TD Cowen Cuts Target Below IPO Price

Cerebras Systems (NASDAQ: CBRS) shares fell 3.46% to $116.48 in premarket trading Tuesday, extending losses one day after TD Cowen sharply cut its price target for the artificial intelligence chipmaker while maintaining a Buy rating. TD Cowen lowered its 12-month target to $175 from $275 in a research note issued before Monday's market open.

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