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Baker Hughes Completes $1.45bn Waygate Sale

Baker Hughes has completed the $1.45bn all-cash sale of its Waygate inspection business to Hexagon, a balance-sheet move as the group plans to begin repaying debt in the…

Marvell Agrees $115bn All-Stock Lumentum Deal

Marvell Technology has agreed to buy optical-components maker Lumentum in an all-stock deal valued at $115bn, including debt. Both stocks were sharply lower in US trading, having already…

Ryanair Half-Year Profit Falls 15% on Fuel

Ryanair’s half-year profit after tax fell 15% to €2.15bn as the unhedged fifth of its jet fuel doubled in price, and the airline now warns of a roughly…

Apple Faces High Bar Into Monday Results

Apple reports fiscal fourth-quarter results on Monday after the US close, with shares just under a 52-week high and the company’s own guidance setting a demanding bar for…

Norwegian Cruise Line Lifts 2026 Outlook

Norwegian Cruise Line Holdings beat third-quarter forecasts and lifted its 2026 outlook, sending the shares sharply higher on Thursday. Bookings still sit below the company’s preferred level, and…

Reddit Guides Below Estimates as Google Traffic Slides

Reddit beat third-quarter revenue and profit expectations, but its fourth-quarter revenue forecast fell short of Wall Street’s and management says Google search referrals are falling fast. Its answer…

Sandisk Beats Forecasts and Lifts Guidance

Sandisk beat Yahoo Finance consensus on revenue and adjusted earnings and guided next quarter above forecasts. Its shares had already fallen 5.3% before the results and were about…

Amazon Stock Slides After Hours on EPS Miss

Amazon posted a record operating margin and its fastest cloud growth in nearly five years, but earnings per share and revenue landed just under analyst averages and free…

Intel Stock Plummets on Weak Q4 Outlook

Intel beat third-quarter profit expectations on a surge in data-centre sales, but a fourth-quarter outlook far below analyst forecasts, and a warning on PCs, sent the shares down…

Caterpillar Stock Slumps Despite Profit Beat

Caterpillar beat profit forecasts and held its guidance, but with the stock priced for more, the shares are sharply lower and on course for a very large one-day…

Alphabet Cloud Doubles, But Stock Slides

Alphabet’s third-quarter revenue rose 25% and Cloud revenue doubled, but earnings per share fell, capital spending more than doubled and free cash flow turned negative as the shares…

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