US Markets end higher but Alphabet, AMD hit in extended trading after weak results

A Bloomberg gauge of the “Magnificent Seven” megacaps climbed 1.7%. Meta Platforms Inc. rose for a 12th consecutive session — its longest winning streak ever.

A Bloomberg gauge of the “Magnificent Seven” megacaps climbed 1.7%. Meta Platforms Inc. rose for a 12th consecutive session — its longest winning streak ever.

Google’s cloud unit had benefited from the AI boom as startups required more computing power for their work, but sales of about $12 billion in the period ended December 31 missed estimates. Google Cloud still trails behind Amazon.com Inc. and…

Though AMD’s fourth-quarter overall revenue topped estimates — and it provided an solid forecast for the current period — the data centre numbers overshadowed the other results.

The stock ended the session on Tuesday up 1%. The owner of Facebook has added roughly $240 billion in market value during the streak, bringing its market capitalization to nearly $1.8 trillion.

Shares of Godfrey Phillips India Ltd ended at ₹4,714.80, down by ₹117.10, or 2.42% on the BSE.

“Our revenue volatility is largely in the past as COVID-related uncertainties have diminished,” Pfizer’s finance chief David Denton said.

Shares of BASF India Ltd ended at ₹4,250.00, up by ₹8.25 or 0.19% on the BSE.

Lemon Tree Hotels reports strong Q3FY25 performance with net profit rising 76.6% YoY to ₹62.5 Cr, revenue up 22.4% to ₹355.2 Cr, and EBITDA growing 30.5% to ₹184.2 Cr. Margins expand to 51.9%

Arohan Financial Services was downgraded to default rating due to a ₹44,609 interest payment delay caused by incorrect account details, as per SEBI’s strict November 18, 2024 circular. The company was later upgraded by ICRA after resolving the issue.

Shares of Max Financial Services Ltd ended at ₹1,094.20, up by ₹12.05, or 1.11% on the BSE.