The Marked Chart Wire · Business
Disney
Disney reportedly plans thousands of layoffs
Disney is said to be considering cutting thousands of jobs, with managers instructed to reduce their teams by 20 percent.
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HotEarnings
Harmonic shares surge after beating profit estimates
Harmonic stock climbed 16.3 percent in extended sessions as its Q4 adjusted EPS outlook topped analyst forecasts. Adeia dropped 22.6 percent after lowering its full-year adjusted EBITDA projection.
HotApple
Apple stock slips as holiday outlook disappoints investors
Shares fell after the company projected 7% to 10% sales expansion for the December quarter, even though fourth-quarter revenue climbed 12% to $114.5 billion. China figures also came in below estimates.
Apple
Apple CFO says memory purchase prices expected to rise
Apple's chief financial officer stated that the company anticipates continued increases in the cost of memory components.
Apple
Apple CFO forecasts Q1 gross margin of 45 to 46 percent
Apple's CFO projects a gross margin of 45 to 46 percent for the first fiscal quarter, citing memory chip and AI costs. The company also expects services revenue to rise 8 to 9 percent and reported buying back $24 billion in shares last quarter.
Apple
Apple first quarter revenue expected to rise 7 to 10 percent
Analysts estimate Apple's first quarter revenue will increase between 7 and 10 percent, compared to a consensus forecast of 6.1 percent growth.
HotGrab
GRAB raises 2026 profit outlook after strong third quarter
Grab reported third-quarter revenue of $1.112 billion and adjusted EBITDA of $237 million. The company lifted its full-year 2026 revenue guidance to $4.15 billion to $4.20 billion and adjusted EBITDA to $790 million to $800 million.
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