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 […]
Tag: EPS
By Jon Nielsen Key highlights: Caterpillar shares surged as much as 12% to a record high following stronger-than-expected Q3 earnings. Energy and transportation sales climbed 17%, driven by growing demand from AI data centers and mining. Despite tariff headwinds and economic uncertainty, Caterpillar sees modestly higher sales heading into 2025. Caterpillar Inc. (NYSE: CAT) shares […]
By Marco Piccolo Key highlights: PayPal (PYPL) shares soared nearly 15% in premarket trading Tuesday after unveiling a partnership with OpenAI and posting stronger-than-expected Q3 earnings. The deal will integrate PayPal’s digital wallet into ChatGPT, using the Agentic Commerce Protocol (ACP) co-developed by OpenAI and Stripe. Q3 EPS: $1.34 vs. $1.21 expected; Revenue: $8.42B vs. […]