Business
Tech Sector Struggles with Earnings Reports
Tech companies reported mixed earnings, with some underperforming expectations. Reddit and Amazon both saw declines in stock prices due to weak guidance and lower-than-expected revenue.
Coverage timeline — 4 articles
Variety
Amazon saw slowed growth in its advertising revenue in the year’s third quarter, claiming its decision to host Prime Day for most larger countries in the year’s second quarter and a shift in foreign exchange rates contributed to a softer earnings report than Wall Street analysts expected
2026-10-29 20:19 UTC
MarketWatch
The average U.S. household’s equity allocation is at an all-time high, and that doesn’t bode well, according to the ‘Single Greatest Predictor’
2026-10-29 20:26 UTC
Deadline
Amazon shares fell as much as 9% in after-market trading Thursday after the tech giant reported third-quarter earnings below Wall Street analysts’ expectations. Earnings per share came in at $1.89 on a diluted basis, down from $1.95 in the year-ago quarter, while total revenue climbed 12% to $
2026-10-29 20:27 UTC
CNBC
Reddit posts third-quarter earnings and reveals plans to require all users to create official accounts as Google search traffic shrinks
2026-10-29 20:28 UTC