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The Marked Chart Wire · Business
HotEarnings
Microsoft and Carvana shares rose after earnings beats, while Google and Fortinet dropped on revenue or margin misses. Sprouts and ServiceNow also declined following weaker results.
Prices from Based on Wed, Oct 28 close · Opens Thu 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Trading around earnings
HotMicrosoft
Microsoft lowered its 2026 capital expenditure forecast to $170 billion from $175 billion due to delayed capacity deliveries. The company guided fiscal Q2 revenue to $96 billion to $97.1 billion and Azure growth of 49 to 50 percent.
HotMicrosoft
Microsoft said first-quarter capital spending fell short of targets due to data center delays, though Azure revenue grew 49 percent. The company expects second-quarter spending to exceed $50 billion.
HotEarnings
Stocks of Fortinet, Sprouts Farmers Market, and ServiceNow fell sharply in after-hours trading. Alphabet shares also declined following weaker than expected revenue and profit figures.
HotFortinet
Fortinet is scheduled to release its financial results for the third quarter of 2026.
Carvana
The online car retailer recorded a $1.04 billion deficit, equating to $3.44 per share. Sales dropped 7 percent to $1.04 billion, down from $1.13 billion in the prior year period.
HotMicrosoft
Microsoft reported first-quarter revenue of $92.3 billion, exceeding the $90.6 billion estimate. Earnings per share came in at $4.92, above the $4.72 forecast, while cloud revenue reached $63.9 billion.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.