Market Movers: A Glimpse into Today's Top Stocks
Uber Technologies Anticipates Quarterly Results
Uber Technologies is scheduled to release its quarterly earnings report prior to the market's opening. Analysts project the company to announce earnings of $0.69 per share, with an expected revenue of $13.27 billion. Following Monday's closing, Uber's stock experienced a modest increase of 0.7%, reaching $100.40 in after-hours trading.
Upwork's Strong Third Quarter Performance
Upwork Inc. recently unveiled impressive financial outcomes for its third quarter, surpassing market expectations. Additionally, the company provided an optimistic outlook for its fourth quarter and elevated its full-year 2025 projections, which also exceeded analyst forecasts. In response to these positive announcements, Upwork's shares surged by 14.5% to $17.89 in extended trading.
Advanced Micro Devices Prepares for Earnings Announcement
Advanced Micro Devices (AMD) is set to disclose its latest quarterly earnings after the close of markets today. Financial experts anticipate AMD to report earnings of $1.16 per share on revenues totaling $8.74 billion for the recent quarter. AMD's stock saw a slight dip of 0.6% in after-hours trading, settling at $258.17.
Starbucks Expands Presence in China Through New Venture
Starbucks Corp. has announced a strategic joint venture aimed at bolstering its operations within the Chinese market. The coffee giant has partnered with Boyu Capital to co-manage its retail locations across China. This development led to a slight uptick in Starbucks' shares, which rose by 0.4% to $81.25 in after-hours trading.
Pfizer's Upcoming Financial Disclosure
Pfizer Inc. is also slated to release its quarterly earnings before the market opens. Analysts are looking for Pfizer to report earnings of $0.63 per share and revenues of $16.59 billion. Following the news, Pfizer's stock observed a modest gain of 0.3% in after-hours trading, reaching $24.74.