Toy company Mattel Inc MAT reported second-quarter financial results after market close Wednesday.Here are the key highlights.What Happened: Mattel reported second-quarter net sales of $1.019 billion, down 6% year-over-year. The net sales missed a Street consensus estimate of $1.068 billion according to data from Benzinga Pro.The company reported earnings per share of 19 cents, beating a Street consensus estimate of 17 cents per share."Our second quarter performance reflects operational excellence in the cu ...

Tech giant Apple Inc. AAPL may have found a new way to monetize its expanding and record-breaking base of users and installed devices.What Happened: Apple announced the launch of AppleCare One on Wednesday, a new way for customers to protect their Apple products, including older devices and new yet-to-be-released foldable iPhones.The AppleCare One plan costs $19.99 per month and includes protection for three products on one plan. Additional Apple products can be added for $5.99 per month for each device.The ...

QuantumScape Corp. QS released its second-quarter results after Wednesday's closing bell. Here's a look at the details from the report. The Details: QuantumScape reported quarterly losses of 20 cents per share, which beat the analyst consensus estimate for losses of 22 cents and is up from losses of 25 cents per share from the same period last year.Read Next:  Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cramer Names Another Stock To ‘Own’The company also announced it has expanded its ...

International Business Machines Corp. IBM released its second-quarter results after Wednesday's closing bell. Here's a look at the details from the report. The Details: IBM reported quarterly earnings of $2.80 per share, which beat the Street consensus estimate of $2.64. Quarterly revenue came in at $16.977 billion, which beat the consensus estimate of $16.576 billion.Read Next:  Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cramer Names Another Stock To ‘Own’IBM reported the following ...

Electric vehicle giant Tesla Inc TSLA reported second-quarter financial results after market close Wednesday.What Happened: Tesla reported second-quarter revenue of $22.5 billion, down 12% year-over-year. The revenue missed a Street consensus estimate of $22.8 billion according to data from Benzinga Pro.The company reported Automotive revenue of $16.66 billion, down 16% year-over-year.Tesla's earnings per share were 40 cents in the quarter, missing a Street consensus estimate of 42 cents per share.The compa ...

T-Mobile US, Inc. TMUS released its second-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter. The Details: T-Mobile reported quarterly earnings of $2.84 per share, which beat the analyst consensus estimate of $2.68. Quarterly revenue came in at $21.13 billion, which beat the Street estimate of $20.98 billion and is up from revenue of $19.77 billion from the same period last year.Read Next:  Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cr ...

General Motors Company GM is navigating a complex automotive landscape, contending with rising tariffs and significant capital expenditures, yet the company remains steadfast in its projection of $7.5 billion to $10 billion in free cash flow for 2025.Despite a mixed second quarter, marked by a sharp drop in the company’s adjusted EBIT margins to 6.4% and a substantial $1.1 billion tariff headwind, the auto giant still surpassed revenue and earnings expectations.However, the company anticipates a challenging ...

D.R. Horton, Inc. DHI surpassed third‑quarter revenue and earnings per share expectations, refined its 2025 guidance and projected continued growth, yet saw its shares dip.Bank Of America Securities analyst Rafe Jadrosich reiterated the Neutral rating on D.R. Horton, Inc. DHI, raising the price forecast from $135 to $155.D.R. Horton reported fiscal third-quarter revenue of $9.22 billion, beating analyst estimates of $8.79 billion, according to Benzinga Pro. The U.S. homebuilder reported third-quarter earnin ...

Moderna Inc.’s MRNA stock has surged approximately 37% in the last month but has dipped around 15% year to date.On Wednesday, the stock is trading around 7% higher.Notably, there is no news to justify the movement. Over the last month:The U.S. Food and Drug Administration (FDA) approved Moderna’s supplemental Biologics License Application (sBLA) for Spikevax, the company's COVID-19 vaccine, in children six months through 11 years of age who are at increased risk for COVID-19 disease.Moderna revealed results ...

Amazon.com AMZN is poised to potentially outperform market expectations in its July 31 second-quarter earnings report, driven by a combination of robust U.S. retail sales, advantageous foreign exchange rates, and accelerating demand for its artificial intelligence-related services through Amazon Web Services (AWS).Strong consumer spending and ongoing efficiency gains in its e-commerce operations are also contributing to a positive outlook for the tech giant. Reinforcing this positive sentiment, Bank of Amer ...