Meta posted a solid revenue beat but EPS came in well below estimates after a roughly $9.9 billion charge tied to its teen mental-health settlement, sending shares down about 6%. A New Mexico judge also ordered a record $25 billion privacy penalty hours earlier. The company announced a 2-for-1 stock split creating non-voting Class C shares. $METAB #stocks #stockmarket #Finance #BreakingNews
Tesla delivered a better-than-expected quarter with solid free cash flow after spending less than feared on AI and robotics, but it cut full-year capital expenditure guidance to about $20 billion from $25 billion. Management flagged higher spending ahead on Optimus, Cybercab, and compute. Shares stayed volatile and edged lower as investors weighed the AI transition pace. $TSLAB
Lockheed Martin reported strong third-quarter results with EPS of $7.97 and sales up 11% to $20.7 billion, beating estimates on broad segment growth. A record $292 billion backlog, including a major multi-year PAC-3 award, underpinned a raised full-year sales and EPS outlook. Defense demand remains robust amid global tensions. $LMTon
Tesla delivered a better-than-expected quarter with solid free cash flow after spending less than feared on AI and robotics, but it cut full-year capital expenditure guidance to about $20 billion from $25 billion. Management flagged higher spending ahead on Optimus, Cybercab, and compute. Shares stayed volatile and edged lower as investors weighed the AI transition pace. $TSLAB
Lockheed Martin reported strong third-quarter results with EPS of $7.97 and sales up 11% to $20.7 billion, beating estimates on broad segment growth. A record $292 billion backlog, including a major multi-year PAC-3 award, underpinned a raised full-year sales and EPS outlook. Defense demand remains robust amid global tensions. $LMTon
