#lseg

Sweden Herald - Latest Sweden News | Meta does not live up to expectations, stock falls in after-hours trading by Sweden Herald AI generated summary, Read the full article for complete information. Meta’s latest quarterly report disappointed analysts, as its shares plunged nearly 7 % in after‑hours trading on the New York Stock Exchange. The company posted earnings of $7.32 per share on revenue of $56.3 billion, slightly above the $55.45 billion analysts had forecast, but investment costs came in far lower at $19.84 billion versus the expected $27.57 billion. Daily active users rose 4 % to 3.56 billion, still falling short of the 3.62 billion expected. The combination of mixed financial results and weaker‑than‑anticipated user growth led to a sharp drop in Meta’s stock price. Read more: https://swedenherald.com/article/meta-does-not-live-up-to-expectations-stock-falls-in-afterhours-trading #Meta #LSEG #NewYork #businessnews

Sweden Herald - Latest Sweden News | Amazon is doing better than expected after beating quarterly earnings and revenue expectations by Sweden Herald AI generated summary, Read the full article for complete information. Amazon posted a stronger‑than‑expected quarterly performance, reporting earnings per share of $2.78 versus the $1.64 analysts had forecast and revenue of $181.52 billion, outpacing the $177.3 billion consensus. Cloud services generated $37.59 billion—above the $36.64 billion estimate—and grew 28 % year‑over‑year. For the upcoming quarter, Amazon projects sales of $194‑199 billion, beating the $188.9 billion analysts anticipated, yet its shares slipped 1.5 % in after‑hours trading on the NYSE. Read more: https://swedenherald.com/article/amazon-is-doing-better-than-expected-after-beating-quarterly-earnings-and-revenue-expectations #Amazon #AmazonWebServices #LSEG #NewYorkStockExchange