Revenue

Foxconn reported a 17% year-over-year profit surge in Q3, driven by strong AI server demand. The company beat net profit estimates (NT$57.67B vs. NT$50.41B expected) while meeting revenue expectations. Foxconn is diversifying into AI infrastructure, partnering with Nvidia to manufacture high-performance server racks. The company anticipates continued growth, fueled by AI server shipments and ICT product demand, while also expanding into autonomous vehicles and energy-efficient AI data centers.

Rocket Lab (RKLB) shares rose after Q3 results revealed record revenue of $155M, a 48% YoY increase, driven by launch contracts and space tech. Loss per share was better than expected. Q4 revenue guidance of $170M-$180M exceeded estimates. The company boasts a record backlog of 49 launches and is pursuing acquisitions for defense initiatives. Shares surged over 31% last month and have more than doubled YTD. Rocket Lab acquired Geost and opened a new Neutron launch site. Adjusted EBITDA loss in Q3 was $26.3M, with Q4 losses projected between $23M-$29M.

A report alleges Meta generated $16 billion in 2024 (10% of total revenue) from running ads for scams and banned goods on Facebook and Instagram. Internal documents reportedly show Meta generates $7 billion annually from “higher risk” scam ads, displaying 15 billion daily. While Meta claims it “aggressively” combats scam ads, the report suggests concerns exist about the financial impact of stricter regulation. This revelation raises investor and regulator concerns amid Meta’s AI investments, highlighting the challenge of balancing revenue with ethical advertising.

Take-Two Interactive (TTWO) shares fell after Rockstar Games delayed Grand Theft Auto VI (GTA VI) to November 2026. Despite the delay and a net loss of $133.9 million, Take-Two reported a 33% revenue increase to $1.96 billion, driven by titles like “NBA 2K26” and “Red Dead Redemption 2.” The company raised its fiscal year bookings outlook to $6.38-$6.48 billion, citing strong mobile gaming performance and the success of “NBA 2K”.

Airbnb’s Q3 earnings surpassed revenue expectations, boosting shares. Revenue rose 10% year-over-year to $4.10 billion, exceeding the $4.08 billion estimate. EPS was $2.21, slightly below the expected $2.34. The company anticipates Q4 revenue between $2.66 billion and $2.72 billion, exceeding estimates. Nights and experiences booked increased by 9% to 133.6 million. Gross booking value reached $22.9 billion, a 14% increase. Adjusted EBITDA hit a record $2.1 billion. New features and AI integration are driving growth.

Duolingo’s shares fell 27% after releasing weaker-than-expected guidance, signaling a focus on user growth over immediate revenue. While Q1 revenue surged 41% to $272M, exceeding estimates, bookings guidance for the next quarter disappointed. Despite a rise in paid subscribers to 11.5 million, daily and monthly active user numbers missed expectations. The company is leveraging AI for new features and courses but the market reacted negatively to the profitability outlook amid increased investment in long-term user acquisition.

Qualcomm reported strong fiscal Q4 results, exceeding expectations with adjusted EPS of $3.00 and revenue of $11.27 billion. They forecast strong Q1 revenue and EPS, driven by handsets, automotive, and upcoming AI offerings. Facing the anticipated loss of Apple as a modem customer, Qualcomm is diversifying into PCs, VR/AR, and AI chips, directly challenging Nvidia and AMD in the data center AI space with new AI accelerator chips. Handset and automotive revenue saw significant growth, while licensing revenue declined slightly.

Figma (FIG) reported strong Q3 results, exceeding revenue expectations at $274.2 million, a 38% year-over-year increase. The company’s adjusted EPS was 10 cents. While reporting a net loss primarily due to stock-based compensation, Figma’s adjusted operating margin stood strong at 12%. Growth is fueled by the adoption of Figma Make, its AI-powered design tool, used weekly by 30% of major clients. Net dollar retention rate reached 131%. Figma anticipates Q4 revenue between $292M and $294M. Recent acquisition of Weavy further enhances Figma’s AI capabilities.

Snap shares jumped 15% after Q3 earnings beat revenue expectations with $1.51 billion and the announcement of a $500M stock repurchase program. A key driver is a partnership with Perplexity AI, integrating its search into Snapchat in 2026 for $400M, enhancing user experience and AI platform capabilities. While Q4 sales are projected at $1.68-1.71B, the company acknowledged potential user engagement declines due to regulations and platform changes. Snap is also creating a subsidiary for Specs AR glasses.

DoorDash (DASH) Q3 revenue beat estimates, but earnings missed due to planned 2026 spending, causing a 9% stock drop. Revenue grew 27%, with total orders surging to 776 million. Investment focuses on a new global tech platform and automation, including the “Dot” robot. DoorDash projects Q4 Adjusted EBITDA below analysts’ expectations. The recent Deliveroo acquisition for $3.9 billion marks a significant international expansion, with anticipated contribution to EBITDA in Q4 and 2026.