By Marco Piccolo Key highlights: Opendoor stock is down 21% in pre-market trading after disappointing Q3 earnings and a weak Q4 outlook The company posted Q3 revenue of $915 million, beating estimates, but missed on EPS and adjusted EBITDA CEO Kaz Nejatian outlined a long-term path to profitability, but short-term losses and declining transactions rattled […]
Tag: EPS
By Marco Piccolo Key highlights: Palantir stock dropped over 7% despite surpassing Q3 earnings and revenue expectations. Valuation concerns and “sell-the-news” sentiment contributed to the decline. Michael Burry’s short position on Palantir intensified market skepticism around AI valuations. Palantir Technologies (PLTR) reported robust third-quarter results, beating Wall Street expectations across the board. Yet, PLTR stock […]
By Jon Nielsen Key highlights: Meta shares dropped over 12%, marking the worst intraday loss since October 2022. Q3 earnings per share missed estimates due to a one-time $15.9 billion tax charge. Meta raised its capital expenditures outlook to up to $72 billion for 2025, fueling investor concerns. Trade on Plus500 CFDs are complex instruments […]