Arm Beats Estimates but Shares Slip as Long-Term Outlook Stays Unchanged
Investors wanted higher long-term targets amid premium valuation.
Already have an account? Sign in.
Investors wanted higher long-term targets amid premium valuation.
Chipotle beat Q2 estimates with $0.33 EPS and $3.35B revenue. Comp sales rose 2.2% on new menu items and value deals. Full-year guidance raised.
Starbucks reports Q3 global comparable store sales up 7.9%, beating 5.7% forecasts. North America rose 8.1% on higher transactions & ticket.
Robinhood’s Q2 crypto revenue fell 38% to $100M and app volumes dropped 35% to $18B, even as the company beat estimates and prediction markets surged.