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: ICF
By Marco Piccolo Key highlights: Chipotle stock plunged over 18% after cutting its full-year same-store sales outlook for the third consecutive quarter. Economic pressure and declining traffic, especially among Gen Z and millennial consumers, are weighing on performance. The company plans to boost marketing, digital innovation, and international expansion to recover momentum. Economic headwinds pressure […]
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. […]