Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) reported quarterly results that blew past Wall Street expectations on Wednesday, sending its shares up nearly 10% in after-hours trading.
Strong advertising sales and continued momentum across its apps boosted growth, the tech stalwart’s results indicated.
Microsoft Corp (NASDAQ:MSFT) shares surged afterhours as it impressed investors with its fiscal fourth quarter earnings report, with AI successes driving beats on the top and bottom lines.
Revenue was up 18% year-over-year at $76.4 billion, far above Wall Street estimates of $73.8 billion.
Electronic Arts Inc (NASDAQ:EA, ETR:ERT) announced preliminary results for the fiscal first quarter of 2026, reporting net bookings of $1.298 billion, which was above the high end of their guidance range at $1.275 billion.
This was also above Wall Street estimates of $1.285 billion.
Etsy Inc (NASDAQ:ETSY, ETR:3E2) shares added more than 5% after it reported a revenue beat for the second quarter, despite earnings falling short of expectations.
Revenue was up 3.8% year-over-year at $672.7 million, above Wall Street estimates of $647 million.
Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF) announced the expansion of its Bitcoin treasury division through the acquisition of one Bitcoin, bringing its total holdings to two.
The newly acquired Bitcoin was purchased using the company’s existing cash reserves and is now stored using secure wallet infrastructure that integrates with Blockmate’s audited reporting framework.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has reported its audited financial results for the 15-month period ended March 31, 2025, which showed strong progress in gross profitability and cost discipline.
Gross profit increased 55% to $2.24 million from $1.45 million in the previous 12-month period, while gross margin expanded to 64% from 29%.
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) announced it has exceeded 14 Exahash per second (EH/s) of Bitcoin mining hashrate across its operations in Canada, Sweden, and Paraguay.
This milestone brings the company’s current Bitcoin annual run rate for revenue to $315 million, with mining margins of approximately 55% after electricity costs, based on the current hashprice as tracked by the Bitcoin Hashprice Index.
Starbucks Corp (NASDAQ:SBUX, ETR:SRB) shares rose 4.6% after hours on Tuesday as the coffee chain said its turnaround efforts are ahead of schedule, encouraging investors despite a sharper-than-expected drop in profits.
Adjusted earnings per share for the third quarter fell to $0.50, down 46% from a year earlier and well below analysts’ forecasts. Operating margin contracted to 10.1%, hit by higher costs and a one-off tax charge.